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Economic indicators

Inflation eats the favorite dish of Brazilian

01/07/2015

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

 



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Rio - The favorite dish of the Brazilian became more expensive early this year. While the price of beef continues to rise, this time the rice and beans also were up. The output is now innovate in revenues and try to replace the most basic food of the cheapest equivalent per table.

Essential in the Brazilian table, rice and beans will push consumer inflation in January, due to the weaker harvest
Photo: John Laet / Agency The Day
After a long period of prices behaved, beans and rice registered growth of 11.99% and 2.22% respectively in the Wholesale Price Index (IPA) of December. Have cattle remained high - in the 12-month cumulated prices rose by 25% - and pointed to advancing 3.59% in the month. These items also recorded increases in the Consumer Price Index (CPI) in December. Beef exports rose 4.38%, 13.01% the beans and the rice 0.79%.

According to André Braz, an economist at the Brazilian Institute of Economics, Getulio Vargas Foundation (FGV / Ibre), rice and beans will appear as pressure points in consumer inflation in January for harvest issues. "Though timely, no one knows for sure how much the rains in the interior of Bahia may have begun to disrupt the bean harvest, for example", he said.

To circumvent the increases, Sonia nursing technique de Souza, 60, says she will need to replace some foods. "I went to the market to buy a pound of meat and left with two sirloin. It's too expensive, I will buy eggs and sausage next time. But the rice and beans, I'll trade for pasta or polenta, "she says.

Retail consultant AZO Group, Marco Quintarelli suggests that consumers draw on the variety. "When it comes to rice and beans, is the very basics, so it is difficult to replace. The lentil, for example, without increase is more expensive than the beans. But there are other foods such as pasta. In the case of beef, the option is the egg, which has great nutritional value, or even pork or chicken, which still cheaper, "he says.


The fresh produce, especially the English potatoes, should also continue to pressure the consumer's pocket in January. The last week of December, the Weekly Consumer Price Index (IPC-S) pointed to a variation of 19.44% of the product. In the IPA, the increase was 41.43%. In Rio de Janeiro, technicians Ceasa (Distribution Centre) identified strong increase in the price of potato in the second working day of the month, as well as tomatoes, which should aim higher prices in hailstorm function in some regions.

Entrepreneurs suffer from increases

Own Miguelito restaurant in Lapa, Birth of Miguel, 55, said he will not pass on increases to customers for now, but will need to find other ways to offset high food prices.

"When you increase the price of the dish, the customer loses. So I will try to hold while der. My output to control spending is to avoid waste, "he says.

According to Miguel, the rise in prices affect the business. "Who makes everyday purchases realize that inflation is not under control. Rice and beans are very expensive, as the oil. Meat no one else can put on the table, "he criticizes.

Meat has never been valued

André Braz (FGV / Ibre), and the drought that reduced pastures and affected livestock production, the expansion of Brazilian beef exports, especially to Russia, has contributed to the product in the domestic market has higher prices, which should continue in the coming months.

According to the Center for Advanced Studies in Applied Economics (Cepea), beef has never been valued in the Brazilian market. The monthly average married beef carcass reached in December, the highest value in real terms, of R $ 9.04 / kg in wholesale of São Paulo.

Marco Quintarelli adds that the high dollar also contributed to the increase in meat prices. "It is more advantageous for ranchers export than domestic sales," he says.


Source: The Day

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