Brazil’s Producer Price Index (PPI) rose 0.46% in December, slowing from a 1.40% increase in November (revised data), said the South American country’s statistics institute (IBGE).
With the December reading, the Brazilian PPI ended 2017 accumulating a 4.18% rise over the previous year.
According to IBGE, 16 of the 24 activities surveyed showed positive price variations, compared to 20 segments in the previous month.
The PPI measures the evolution of prices of products “at the factory gate,” before taxes or freight costs.
The material has been provided by InstaForex Company – www.instaforex.com
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