Since its creation in 1947 the IPA has monitored variations in the prices of agricultural and industrial products in inter-business transactions, that is, at the trade stages preceding final consumption. With the changes in the economy’s structure and trading methods, IPA has reached the status of a sale price index on the producer level over time.
When monetary correction was introduced in Brazil in 1964, the FGV IPA was selected as the reference index for the adjusting the nominal value of the National Treasury Adjustable Obligations (ORTN) rate of obligations of the National Treasury. Later, it was also adopted for other operations, for example in the calculation of the standard capital unit (UPC), which is used for adjusting the nominal values of mortgages.
The price survey used as the basis for calculating IPA is continuous, with computations every 10 days. IPA is available in the same versions as the IGP (IPA-10, IPA-M and IPA-DI)—the only differences are the price collection periods.
The full technical note with the change in the nomenclature of the IPA and the new policy of updating weights for the Producer Price Index is available in the section Methodology and Technical Notes. Click here to access.
General results can be obtained free on IBRE’s portal. Detailed consultation on most of the historical series it is restricted to IBRE/FGV Data subscribers. Learn about our subscription plans and free services.
Analysis of trends in the prices for agricultural and industrial products
Agriculture and industry
Data for the IPA-DI are collected between the first and the last day of the reference month; for the IPA-M between the 21st day of the previous month and the 20th day of the reference month; and for the IPA-10 between the 11th day of the previous month and the 10th day of the reference month.