Second Largest Reduction

The price Index of Supermarkets (IPS) calculated by FIPE/APAS reduction for the fourth consecutive month. In September, there were 0.91% drop compared to the previous month. In the past 12 months, the result of the IPS points a decline of 2.90%. In 2017, the prices recorded fall of 2.58%. In September, the negative variations were present in 55.41% of items, in accordance with the diffusion index (proportion of negative price changes), and above the average for the last 12 months, which is 48.95%. This demonstrates a greater quantity of items with signs of deceleration of prices and falls in prices throughout this month.
Fresh products showed a reduction of 3.35%, highlighting the tubers-retraction of 8.65%, pulled by the fall in the prices of potatoes (14.04%) and onions (8.70%). The industrial products recorded a decrease ranging 1.20%. The main causes were the milk products (1.57%) and beef derivatives (1.56%). For semi-finished items products (meat, milk and cereals) the fall in prices for the month was 0.43%. There was rise in prices of beef (2.18%) and retraction in prices of pork meat (3.94%), milk (4.64%) and cereals (3.01%).