By Ovunc Kutlu
ISTANBUL (AA) - Brazil's producer price index (PPI) increased 0.74% in April, rising for the third consecutive month, according to official data released on Tuesday.
PPI in March showed an increase of 0.35% month-on-month.
A total of 20 sectors out of 24 saw gains in prices during the month of April, the Brazilian Institute of Geography and Statistics said in a report.
The largest monthly gain was seen in paper and cellulose with 3.99%, while extractive industries saw a decline of 3.58%.
On an annual basis, producer prices were down 0.35% in April, compared to the same month of last year.