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October 26, 2022
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Industry prices fall 1.96% in September, says IBGE

Industry prices fall 1.96% in September, says IBGE

The Producer Price Index (PPI), which calculates the change in prices of products at the exit of the factory, registered deflation (price fall) of 1.96% in September. The fall, however, was more moderate than in August, when the IPP had a deflation of 3.04%.Industry prices fall 1.96% in September, says IBGE

According to data released today (26) by the Brazilian Institute of Geography and Statistics (IBGE), the IPP accumulates inflation rates of 5.87% in the year and 9.76% in 12 months.

In September, 11 of the 24 surveyed activities had deflation. The main impacts came from petroleum refining and biofuels (-6.79%), other chemical products (-6.20%), food products (-1.13%) and metallurgy (-3.77%).

On the other hand, 13 activities had inflation, especially tobacco (3.62%) and clothing (3.50%).

Among the four major economic categories of industry, the main fall in prices came from intermediate goods, that is, industrialized inputs used in the productive sector (-2.42%). Semi and non-durable consumer goods also experienced deflation (-2.01%).

Capital goods, that is, machinery and equipment used in the productive sector, had inflation of 0.48%, while the prices of durable consumer goods rose 0.19%.

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