|
e&e
No 39
Main Page
Economical
Forecasting
Brazil – Energy in 2002 Main Indexes
Utopia in the
Health Area
Economical Price Indexes
Brazil
USA
http://ecen.com
e&e links
|
Brazilian
Economical Indexes
-
IGP-M
– Market General Price Index calculated by the Fundação Getúlio Vargas (FGV).
The collecting of prices is carried out between the 21st of
the previous month and the 20th of the current month and it
is published on the 30th of the current month It is composed
of three indexes: Wholesale Prices Index (IPA), Consumer Price Index (IPC)
and Construction Cost National Index (INCC) that represent 60%, 30% and
10% respectively of the IGP-M.
-
IPA
– Wholesale Price Indexes calculated by the FGV, based on price
variations of the wholesale market. This index is calculated for three
different intervals and is composed of other indexes calculated by the
FGV (IGP-M, IGP-DI and IGP-10) with 60% weight.
-
IPC
– Consumer Price Index, calculated by the FGV, measures the inflation
for families with income between 1 and 33 minimum wages, in São Paulo
and Rio de Janeiro. The IPC represents 30% of the IGP-M. This index is
calculated for three different intervals and is composed of other
indexes calculated by the FGV (IGP-M, IGP-DI and IGP-10) with 30%
weight.
-
INCC
– Construction Cost National Index, calculated by the FGV, measures the
prices variation of a basket of products and services updated by the
civil works sector. This index is calculated for three different
intervals and is composed of other indexes calculated by the FGV (IGP-M,
IGP-DI and IGP-10) with 10% weight.
-
IGP-DI
– Prices General Index – Internal Availability. It is calculated by the
FGV between the first and the last day of the month. Its publication is
made on the 10th day of the following month. It measures
prices that directly affect the economical activity of the country,
except exports. Like the IGP-M, it is also composed of the weighted
average of the IPC, IPA and INCC, calculated for the respective period.
-
INPC
– Consumer National Price Index. Calculated by IBGE (Brazilian Institute
of Geography and Statistics) in the metropolitan regions of Rio de
Janeiro, Porto Alegre, Belo Horizonte, Recife, São Paulo, Belém,
Fortaleza, Salvador and Curitiba, besides the Federal District and the
municipality of Goiânia. It measures the prices variation of products
and services consumed by families with income between 1 and 8 minimum
wages. The period of collecting prices is from the first to the last day
of the current month and it is published approximately after the period
of eight working days.
-
IPCA
– Amplified Consumer Prices Index. It is calculated by IBGE in the
metropolitan regions of Rio de Janeiro, Porto Alegre, Belo Horizonte,
Recife, São Paulo, Belém, Fortaleza, Salvador and Curitiba, besides the
Federal District and the municipality of Goiânia. It measures the prices
variation of products and services consumed by families with income
between 1 and 40 minimum wages. The period of collectind prices is from
the first to the last day of the current month and it is published
approximately after a period of eight working days.
-
GDP
Deflator
–
It is
the ratio between
the
nominal GDP and the real GDP, that is, it is the price of a specific
good or service in a specific year relative to the price of the good or
service in the base year.
In summary: the
nominal GDP measures the value of the production of the economy.
The
real GDP measures the product quantity, that is, the production
evaluated at constant prices (of the base year). The GDP deflator
measures the price of the product typical unit compared to its price in
the base year.
-
Nominal GDP:
It is the value of goods and services measured at current prices.
-
Real
GDP:
It is
the value of goods and services measured at constant prices. It is a
more perfect measurement of the economical well-being since it takes
into account the total production of goods and services without the
influence of prices variation.
|
No
39 Em
Português