THE General Price Index-10 (IGP-10), calculated byBrazilian Institute of Economics of the Getulio Vargas Foundation (FGV Ibre)The inflation rate rose 2.94% in April, compared to a 0.24% decrease in March. Thus, the index has accumulated a 2.57% increase this year and 0.56% over the last 12 months. In April 2025, the IGP-10 It had fallen 0.22% in the month and accumulated an increase of 8.71%.% "The significant 3.81% increase in producer prices over 12 months stems from the unfolding events of the war in the Middle East. Its effects extend beyond petroleum derivatives and affect relevant inputs in various sectors of the economy, such as sulfuric acid and fertilizers, whose prices registered increases of 29% and 6.8%, respectively. Furthermore, seasonal factors also pressured the agricultural sector, with tomatoes showing an increase of around 20%, both in the IPA (Wholesale Price Index) and the IPC (Consumer Price Index)," states Matheus Dias, economist at FGV IBRE. "Consumer prices, following the trend observed in the IPA, were also impacted by the conflict, with gasoline being the main influence. Similarly, construction costs in March significantly reflected the adjustments in fuel and petroleum derivative prices, which indirectly affected the prices of products with high transportation consumption, such as cement, concrete mix, and concrete blocks," adds the economist.
This text was translated by machine from Brazilian Portuguese.