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Brazil’s IC-Br Commodity Index rises in November on energy

Posted on 06 December 2012

Brazil’s IC-Br commodities index, published by the central bank to track prices for a basket of basic goods, edged higher in November from the previous month on a spike in energy prices.
The composite IC-Br rose from October to 135.41 points, the Brazilian Central Bank said Wednesday. The index is up 8.9% since the start of 2012 and 8.3% higher than in November 2011. The IC-Br’s subindex for energy commodities such as Brent crude, natural gas and coal rose 2.8% last month, to 101.83 points, its highest level in at least two years………………………………………..Full Article: Source

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