FGV: cheaper soybeans, milk, and eggs slow down wholesale inflation in the IGP-DI for January

By Daniela Amorim Rio, 06/02/2026 - The drops in the prices of soybeans (-6.10%), raw milk (-5.78%) and eggs (-8.54%) led the list of reliefs that resulted in a slowdown in wholesale inflation measured by the General Price Index - Internal Availability (IGP-DI) for January, reported the Getúlio Vargas Foundation (FGV). There was also a contribution from poultry (-3.68%) and bananas (-8.28%). Already in the list of main wholesale pressures in January were iron ore (1.07%), cassava/yam (5.50%), beans (6.36%), beef (0.50%) and tomatoes (18.57%). The IGP-DI went from an increase of 0.10% in December to a rise of 0.20% in January. Over 12 months, the index accumulated a drop of 1.11%. The Broad Producer Price Index (IPA-DI) went from an increase of 0.03% in December to stability (0.00%) in January. Over 12 months, the IPA fell 3.64%. Contact: daniela.amorim@estadao.com