The Central Bank's Commodities Index (IC-Br) rose 4.61% in October, compared to September, the agency reported. The increase was driven by the agricultural sector, which rose 3.65%. The metals index rose 6.47%, while the energy segment rose 6.17%. The IC-Br represents the monthly average of prices, in reais, of a set of commodities considered relevant to the dynamics of inflation in Brazil. The agricultural sector has a weight of approximately 67% in the index, followed by the energy segments (around 17%) and metals (with around 16%). In dollars, the aggregate index rose 3.05% in September, with increases of 2.11% for agriculture, 4.89% for metals and 4.64% for energy. The IC-Br in reais has risen 25.51% in the year to date and 14.38% in 12 months.
Among the segments, the prices in reais of agricultural commodities have accumulated an increase of 23.79% in the year and 13.90% in 12 months. Metals have risen 40.65% and 38.27%, respectively, while energy has risen 17.01% in 2024, but has fallen 3.34% in the last 12 months.
