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Economic indicators

Food prices will rise 10% with high dollar

21/06/2013

This article was translated by an automatic translation system, and was therefore not reviewed by people.

 


 




Consumer will pay more to buy cod, imported wine, pasta and black beans
 
PABLO VALLEJOS

Rio - The consumer will pay more, from next month, the imported products because of a high dollar scenario. Currency appreciation will result in an increase of over 10% in the price of wine, pasta, cod, black beans, cement and food based on wheat and soy.
 
Yesterday, the currency rose again and closed at R $ 2.25, up 1.69%. It's the highest price since the 1st of April 2009, when it stood at R $ 2.28.
 
To Aylton Fornari, president of the Association of the State of Rio Supermarkets (Asserj), black beans, which come from China, will be the first product to get more expensive. "The dollar goes up, the other items follow," he says.
 
The store manager Emporium Gourmet Show, Leonardo Santos, said that prices of imported goods are expected to rise in July. "We renew our stock every month. We will increase 6-8% in wine and olive oil, "he predicts.
 
PREPARE THE POCKET

If the U.S. dollar maintains the upward trend, the consumer will feel in the pocket. Nothing immediately, experts guarantee. However, as Christmas products begin to be purchased by the markets from September, items supper will also become more expensive.
 
Fornari analyzes: "In times such as Christmas and Easter, there are good sales figures for imported products such as cod and olive oil, among others. If the dollar continues at this level, will spend 10% increase in the price of imported products, says.
 
PRICES GO UP

Few items will escape the frequent high dollar. According to Peter Raffy, an economics professor at Mackenzie Presbyterian University, São Paulo, domestic products that use imported raw materials also have their high prices. Toys that come out, turn, and depend on the replenishment of stocks on the list. The adjustments tend to occur slowly.
 
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To Demilson Guilhem, expert exchange and dollar and director of HESS Brazil, are agricultural products or derivatives, such as soybeans, corn and wheat, which will pass away. "Make sure that the impact will not be easy to get around it simply because increasingly depend on products and services from abroad," he says.
 
HANDLING THE SPENDING
 
This evolution of the dollar, the path to the consumer will be to reduce spending or opt for domestic products, experts recommend.
The couple Diego Luz, 30, and Wanessa Light, 27, accompanies the high dollar and now take it easy when you go shopping: "We are consuming less wine and cold because of it, but still keep buying," said Diego.


Source: The Day - Online

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