Wednesday, May 29, 2013

Tomato price falls, and index that readjusts rent is stable in may

Used to reset the most real estate contracts in the country, the General Price Index – market (IGP-M) was stable in may, according to the Getulio Vargas Foundation (FGV) announced on Wednesday (29). In April, the index stood at 0.15%, and in may 2012, the variation was 1.02%.
The highlight was tomato prices. After climbing 11.69% in the previous month, the price of food fell 14.06% for consumers in May. Wholesale, 18.95% drop in the price of the product, after a high of 18.72% in April.
In 2013 by may accumulated, accumulated high is 0.99%. In 12 months, the IGP-M price index surged from 6.22%.
One of the items that make up the indicator, the Broad producer price index (IPA), considered the wholesale inflation, with more weight on the calculation of the IGP-M (60%), 0.30% indentation greater than the fall of the previous month, which was 0.12%.
With less weight, of 30%, the consumer price index (CPI), in turn, slowed down to 0.33% in may, up from 0.60% in April.
The national construction Cost Index (INCC), which has 10% weight, however, hastened to 1.24%, above the April result, 0.84%.
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