Overview

• IBGE reported a 0.20% month-on-month drop in the Producer Price Index for August, marking the seventh consecutive decline.
• The food sector fell 0.44% and exerted the biggest influence on the aggregate result, subtracting 0.11 percentage point from the overall industry change.
• Year to date, producer prices are down 3.62%, while the 12‑month variation stands at 0.48%.
• The IPP tracks factory-gate prices excluding taxes and freight across major industrial categories.
• Economists said the producer-price weakness supports a milder inflation outlook, aligning with September’s 0.48% IPCA reading that came in below market estimates.