The Producer Price Index (IPP), which measures the variation in the prices of products at the exit of the country’s factories, registered inflation of 1.21% in July this year. The rate is higher than the 1.01% measured in June, and lower than the 1.86% measured in July last year.
The IPP data were released today (26) by the Brazilian Institute of Geography and Statistics (IBGE). With the result of July this year, industrialized products accumulate price increases of 11.46% in the year and 18.04% in 12 months, as they leave the factories.
Of the 24 industrial activities surveyed by the IPP, 17 had inflation, especially food products (2.97%), pulp and paper (3.12%) and petroleum refining and biofuels (3.45%).
On the other hand, seven activities had deflation (drop in prices), especially metallurgy (-4.03%).
Three of the four major economic categories of the industry showed inflation. The highest rate was observed in capital goods, that is, machines and equipment (2.14%). Intermediate goods, that is, industrialized inputs used in the productive sector, increased by 1.08%, while semi and non-durable consumer goods showed a price increase of 1.51%.
Durable consumer goods had deflation of 0.01%, according to data released today by the IBGE.
