IGP-M fell 1.16% in July, says FGV Ibre.

THE Brazilian Institute of Economics of the Getulio Vargas Foundation (FGV Ibre) informed, on the morning of this Thursday (30), that the General Market Price Index (IGP-M) The index fell 1.16% in July, after declining 0.50% in June. A Reuters poll had expected a drop of 1.09%. With this result, the index has accumulated a gain of 2.08% for the year and 2.76% over 12 months. In July 2025, the IGP-M It had fallen 0.77% and accumulated a rise of 2.96% over 12 months.

"The IGP-M result continues to be largely influenced by…" Broad Producer Price Index (IPA)"The index registered a new decline driven by fuels and petroleum derivatives," says Matheus Dias, an economist at FGV IBRE.

"Already the Consumer Price Index (CPI) It showed a slowdown, reflecting the disinflation of fresh food, partially offset by the increase in airfares. National Construction Cost Index (INCC)"The increase in construction costs remained concentrated in the labor component, reflecting wage adjustments observed mainly in Recife and São Paulo," he added.

This text was translated by machine from Brazilian Portuguese.