Vitor Abdala Reporter Agência Brasil
Rio de Janeiro – The producer (manufacturer) price index (“Índice de Preços ao Produtor – IPP”), which measures inflation at the factory door, before taxes and freight charges, rose 1.38% in April, compared to March. In March, it was up 1.04%, compared to February.
The increase of 1.38% this April was significantly higher than the increase in April 2011, when it rose 0.28%.
The numbers are from a regular monthly survey of 23 industrial segments by the government statistical bureau (“IBGE”).
The April survey found that in 21 out of the 23 segments surveyed there were price increases. The biggest increases were in food items (up 2.81%), other chemical products (up 2.78%) and refinery prices for petroleum and sugarcane-based products (up 1.37%).
The cumulative IPP increase for the year is now 1.55%. And the cumulative increase for the last 12 months is 2.47%.
Allen Bennett – translator The News in English
