Brasília – International commodity prices dropped 3.09% in April from March 2016, according to the Brazil Commodities Index (IC-Br) issued monthly by the Brazilian Central Bank (BC). In the 12 months ended April, the index climbed 8.56%.
The IC-Br tracks the variation in prices of Brazilian commodities sold abroad. The BC monitors the prices of goods that are relevant to consumer price dynamics within Brazil.
Last month, the prices of agricultural commodities (beef, cotton, soya oil, wheat, sugar, maize, coffee, rice and pork) slid 3.88%. Energy commodities (oil, natural gas and coal) gained 1.36%. Metal commodities (aluminum, iron ore, copper, tin, zinc, lead and nickel) dropped 2.06%.
*Translated by Gabriel Pomerancblum
PUBLICIDADE
