Brasília – The prices of commodities, internationally-traded primary products, tumbled 5.71% in July in comparison to the previous month, according to the Brazil Commodities Index (IC-Br) measured by the Brazilian Central Bank (BC) monthly. Year-to-date, the decline was 10.07%. Year-to-year ending in July, however, the index went up 0.33%.
The IC-Br is based on the variation in reais of the prices of Brazilian primary products (commodities) traded abroad. The BC tracks the products that are relevant for the consumer price dynamic in Brazil.
Last month, the prices of commodities from the agricultural sector (beef, cotton, soy bean oil, wheat, sugar, maize, coffee, rice and pork) declined 6.84%. Prices from those from the energy sector (oil, natural gas and coal) tumbled 7.57%. With the metal sector (aluminum, iron ore, copper, tin, zinc, lead and nickel), there was a decrease of 0.88%.
*Translated by Sérgio Kakitani
