Tag: Food prices brazil

The drop in gasoline prices in Brazil and the devaluation of the Brazilian real (BRL) compared to the Paraguayan guarani (PYG) are attracting Paraguayans to shop here. The PYG is worth much less than the real, but even so, it...
Brazilian President Jair Bolsonaro said Thursday 28 that Brazil is "going against the grain" of the world and should record a high gross domestic product (GDP) this year. The conservative leader commented on the International Monetary Fund (IMF) forecast released...
RIO DE JANEIRO, BRAZIL - Consumption in Brazilian homes registered a drop of 3.47% in May compared to April. Compared to the same period in 2021, there was an increase of 0.39%. The year-to-date figure shows an expansion of...
RIO DE JANEIRO, BRAZIL - Tax cuts are likely to cost Brazil more than R$110 billion (US$22 billion) in tax revenue this year as part of President Jair Bolsonaro's attempt to ease inflation and stimulate the economy in an...
RIO DE JANEIRO, BRAZIL - On Wednesday, June 15, Brazil's Central Bank raised the basic interest rate by 0.5 percentage points to 13.25% per annum, its highest level in six years, in an attempt to curb inflation, which stands...
RIO DE JANEIRO, BRAZIL - Brazil's IGP-10 (General Price Index-10), measured by the FGV (Getúlio Vargas Foundation), registered an inflation rate of 0.74% in June, higher than the 0.10% in May. With the result, the index accumulates a high of...
RIO DE JANEIRO, BRAZIL - On Thursday, June 9, Brazil's Minister of Economy, Paulo Guedes, asked food supply chain entrepreneurs to "put a brake on price hikes" to reduce inflation. He spoke so that a new table of values...
RIO DE JANEIRO, BRAZIL - An analysis shared by Argentine Rural Confederations highlights that the ratio continues to rise "because inflation is not adequately fought" in Argentina. Inflation in Argentina is not easing. On April 13, INDEC published the hardest...
RIO DE JANEIRO, BRAZIL - Inflation in Brazil rose less than in the United States and the Euro Zone in one year. When considering the accumulated 12 months to March, the IPCA (National Consumer Price Index) advanced 5.2 percentage...

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