THE General Price Index-10 (IGP-10), calculated byBrazilian Institute of Economics of the Getulio Vargas Foundation (FGV Ibre)The inflation rate rose 0.89% in May, slowing from the 2.94% increase recorded in April. With this result, the index accumulates a 3.48% increase for the year and 1.46% over 12 months. In May 2025, the IGP-10 The IPA had fallen 0.01% and accumulated a 7.54% increase over 12 months. According to Matheus Dias, an economist at FGV Ibre, the slowdown in the IPA in May was mainly determined by the sharp decline in Raw Materials, whose rate went from 7.01% in April to 0.06% in May. "This movement reflected significant negative influences, such as iron ore, which fell 4.67%, as well as anhydrous ethyl alcohol, sugarcane, coffee beans, and swine, all with significant drops in the month," he details. "The decline in these items helped to offset pressures still present in some agricultural and industrial products," he adds. As a result, the IPA went from 3.81% in April to 0.95% in May, contributing decisively to the slowdown in the IGP-10. "Similarly, the CPI lost momentum with the easing in Transportation, Food, Miscellaneous Expenses, and Clothing, while the INCC slowed slightly, influenced by the smaller increase in Labor and Services," Dias concludes.

This text was translated by machine from Brazilian Portuguese.