RIO DE JANEIRO, BRAZIL - Brazil's production prices slowed the high to 1.31% in November, from 2.26% in October. The rate accumulated in 12 months reached the lowest level in almost a year, data released this Wednesday by the Brazilian Institute of Geography and Statistics (IBGE).
The result led the Producer Price Index (IPP) to accumulate in the 12 months to November an increase of 28.86%, the fifth consecutive month in deceleration, and the lowest value since February 2021 (28.50%).
Among the 24 activities analyzed, IBGE pointed out that 17 had favorable variations in November. The . . .
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