🇧🇷 Brazil IGP-M Inflation Index Update

📊 IGP-M: Tracks price changes before retail level

Measures wholesale price movements 🏭

Part of broader indicators monitoring economic growth 📈

⏰ Published today at 06:00 AM EST / 03:00 AM PST

💡 Why it matters: Guides inflation expectations, contracts, and policy decisions ⚖️

Wholesale price indexes report monthly to show the average price changes of goods sold in bulk, and they are a group of the indicators that follow growth in the economy.

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