IGP-M rose 0.84% in May, says FGV.

THE Brazilian Institute of Economics of the Getulio Vargas Foundation (FGV Ibre) informed, on the morning of this Thursday (28), that the General Market Price Index (IGP-M) It rose 0.84% in May, after soaring 2.73% in April. With this result, the indicator accumulates an appreciation of 1.95% in the last 12 months and 3.79% in the year. In May 2025, the IGP-M It fell 0.49%. “The lower intensity of the IGP-M in May was influenced by the relative stability of oil prices in the international market, which did not cause significant additional shocks in the production chains. This movement helped to reduce pressure on producer prices,” explained Matheus Dias, economist at FGV IBRE.

This text was translated by machine from Brazilian Portuguese.