Brasília – The Brazil Commodities Index (IC-Br) calculated by the Central Bank (BC) dropped by 1.7% in November compared with the preceding month, according to figures announced this Wednesday (7th).
Last month, the IC-Br, which calculates the actual variation in prices of Brazilian primary goods traded abroad, reached 158.77 points. From January to November, the index grew by only 0.33%, and in the last 12 months it grew by 6.14%.
In November, all segments of the index dropped, the sharpest decline being that of metals (aluminium, iron ore, copper, tin, zinc, lead and nickel), which dropped by 3.8%.
Agricultural product prices (comprising beef, cotton, soy oil, wheat, sugar, maize, coffee and pork) declined by 1.46% and energy product prices (oil, natural gas and coal) declined by 0.09%.
*Translated by Gabriel Pomerancblum
