Rio de Janeiro – Ex-works prices of industrial goods ended 2018 with a 9.76% inflation rate, according to Producer Price Index (IPP, acronym in Portuguese), published this Wednesday (30) by the Brazilian Institute of Geography and Statistics (IBGE, acronym in Portuguese). The indicator had ended 2017 with a 4.18% rate.
Out of the 24 industrial activities surveyed, the beverage sector was the only one to end 2018 with a deflation (price drop), down by 2.79%. The sectors with the highest increases were extractive industry (26.58%), other chemical products (19.70%), other transport equipment (15.89%), and metallurgy (13.94%).
Translated by Guilherme Miranda
