Brazil's Producer Price Index fell 0.38% in February, is up 0.76% year-over-year

SAO PAULO , March 30, 2012 (press release) –
In February of 2012, the Producer Price Index (IPP) changed -0.38% compared with January, when the index was -0.43%. Contrasting the current month with the same month a year ago (accumulated in 12 months), prices changed 0.76% in February against 1.75% in January. Conversely, the accumulated change in 2011 was of -0.81% in February and of -0.43% in the previous month.

The IPP measures the evolution of “factory gate prices”, discounted taxes and freight, of twenty-three sectors of the manufacturing industry. The complete publication can be accessed at www.ibge.gov.br/english/estatistica/indicadores/precos/ipp.

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