Wednesday, October 19, 2016

General price index Retreats in October

The general price index-10 (PGI-10) varied 0.12% in October, compared to 0.36 percent in September. In October 2015, the variation had been of 1.88%. The accumulated rate in the year to October is 6.68%. In 12 months, surged to 9.3%. Already the Broad producer price index (IPA), which measures the wholesale prices and variation accounts for 60% of the overall index, 0.12% ranged in October. In September, the change was 0.39%. The consumer price index (CPI), which accounts for 30% of the overall index, registered a variation of 0.08% in October, up from 0.27% in September. While the National construction cost Index (INCC), recorded in October, 0.22% variation compared to 0.34% from September.
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