Discussions about this index have intensified recently, more precisely since the beginning of the COVID-19 pandemic, as this was one of the factors that caused the IGPM to enter a wave of increases.
It was with the aim of clarifying these discussions and the role uk business email database free the index that we brought this topic to the CV Blog. Continue reading to better understand what the IGPM is and how to calculate it.
Summary
What is IGPM?
How it works
How does the IGPM influence the real estate market?
What is the relationship between the IGPM and the IPCA?
Do you already know CV CRM?
What is IGPM?
IGPM: image of a pair of glasses, some pencils, a calculator and some percentage icons on top of some papers with graphs, numbers and texts.
The IGPM is an indicator used as a reference for price variations of products and services in general. In other words, this index has a direct influence on price adjustments such as those for water, energy and gas bills, schools and universities, commercial contracts, telephone companies, among others.
For the real estate market, it is quite important, as it influences rental contracts and real estate financing.
I believe you already know the importance of monitoring the rates and taxes on the real estate market . Therefore, in this article, I will focus on one of them, the IGPM.
How it works
The IGPM or General Price Index – Market was created by the FGV and is one of the variations of the IGP. Together with the IGP-DI (General Price Index – Internal Availability) and the IGP-10 (General Price Index – 10), they seek to measure the variation in prices of products and services, using different methodologies.
The IGPM was created with the purpose of compiling other indicators that already exist on the market into just one. These indicators are: