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Brazil’s general price index increases 0.18% in July, accumulates 15.52% hike this year

RIO DE JANEIRO, BRAZIL - The General Price Index - 10 (IGP-10) slowed down its rise to 0.18% in July, after having increased 2.32% in June, informed the Getulio Vargas Foundation (FGV) on Friday, 16.

The result was within the estimates of financial market analysts, which expected from a drop of 0.46% to an advance of 0.28%. However, it was above the positive median of 0.15%.

As for the three indicators that make up the IGP-10 for July, wholesale prices as measured by the IPA-10 dropped 0.07% in the month, compared to a . . .

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