Clipping of news on Brazilian Culture, Law and Citizenship
09/24/2012
This article was translated by an automatic translation system, and was therefore not reviewed by people.
In retail the high has accumulated increase of 13.04%, generating great impact on the value of the basket
SAO PAULO - The agriculture has suffered an inflationary pressure that has nothing to do with the American drought, but with climatic variations in southern Brazil, and this scenario is already being felt by consumers, according to data released by point FGV (Fundação Getulio Vargas ).
Since the beginning of the year, rice has already accumulated a high of 13.4% in retail, with an increase of only 3.68% in September. Already wholesale rice prices rose only 11.25% in the ninth month of the year, snedo that the IGP-M (General Price Index - Market), rice has obtained appreciation of 34.84% since January.
New high for consumers
The economist FGV (Fundação Getulio Vargas), Salomão Quadros responsible for content, says the trend is higher for the next few weeks.
"As rice was expensive in the country, the increase is beginning to arrive at retail and from past experience it is possible to say that prices tend to rise more for consumers in the coming months," says the economist, who still believes that rice vai regain lost ground by beans, which this year has risen from 25% to 50%, depending on the type.
As rice is part of the basket, these high will weigh heavily in the pocket of Brazil.
Source: MSN News
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This article was translated by an automatic translation system, and was therefore not reviewed by people.