Low | -0.38% | 0.70% |
0.62%
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Previous
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0.37% |
-0.38%
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The General Price Index – Internal Availability (IGP-DI) has been the official index of inflation in Brazil for many years. Currently, IPCA has this objective and is published by the Brazilian Institute of Geography and Statistics (IBGE).
IGP-DI is calculated by the Brazilian Institute of Economics (IBRE) of the Getulio Vargas Foundation (FGV). This indicator of price variation has been a part of the Brazil’s history for more than sixty years. It shows the price variation in the period between the first and the last day of each month. Basically, IGP-DI represents the evolution of prices within a period of time.
IGP-DI is calculated by IBRE using a weighted average of three indices that measure inflation: the Extended Producer Price Index (IPA-M, which represents 60%), the Consumer Price Index (CPI, which represents 30%), and the National Civil Construction Index (INCC, which represents 10%). Internal Availability refers to the price changes in various economic activities of the Brazilian domestic market. A negative value of this index indicates that deflation occurred in Brazil in the reference period of the survey.
actual data
forecast
The chart of the entire available history of the "FGV Brazil IGP-DI Inflation Index m/m" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.