FGV: drop in agricultural and livestock commodities drives wholesale deflation in IGP-DI for October

By Daniela Amorim Rio, 07/11/2025 - The declines in the prices of commodities such as coffee beans (-1.30%), wheat (-9.71%), and soybeans (-0.36%) drove the deflation in wholesale measured by the General Price Index - Internal Availability (IGP-DI) for October, reported the Getulio Vargas Foundation (FGV). There was also relief from raw milk (-7.83%) and husked rice (-8.54%). In the ranking of main wholesale pressures in October, beef (1.87%), iron ore (0.43%), poultry (3.50%), grapes (24.84%), and English potatoes (24.02%) stood out. The IGP-DI went from an increase of 0.36% in September to a decrease of 0.03% in October. Over 12 months, the index accumulated an increase of 0.73%. "In the IPA (Broad Producer Price Index), the widespread decline in agricultural products with significant weight in the index structure, such as coffee beans, wheat, soybeans, and raw milk, stood out, exerting deflationary pressure," highlights Matheus Dias, an economist from the Brazilian Institute of ...