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Financial News: BRAZIL: PPI Accelerates To 2.33% In May, From

BRAZIL: PPI Accelerates To 2.33% In May, From + 1.58% In April

07/03/2018 - 10:48:00 (RTTNews)

(RTTNews) - Brazil's Producer Price Index (PPI) rose 2.33% in May, accelerating strongly from April (+1.58%) and recording the second-best monthly reading of the series, launched in January 2014, falling behind only of September 2015 (+2.99%).

With the result, the Brazilian PPI accumulates increases of 5.96% in 2018 and of 10.45% in the previous 12 months.

According to the Brazilian official statistics office, 22 out of the 24 activities surveyed in the industry recorded positive price variations.

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