Price of Basic Food Falls in Brazil

Brazzil Magazine covers

In June the cost of a basket of basic necessity goods (cesta básica) in Brazil fell in 12 out of 16 capital cities surveyed by the union-linked socio-economic research organization, Dieese (Departamento Intersindical de EstatÀ­stica e Estudos Sócio-Econômicos).

Prices were down most in Brasí­lia (-7.37%), Belo Horizonte (-6.81%) and Belém (-5.08%). Prices rose most in the Northeast: Aracaju (3.06%), João Pessoa (3%), Fortaleza (1.96%) and Recife (1.01%).


According to Dieese, the June result is all the more significant when it is recalled that in May prices of the basic basket rose in all 16 capital cities.


José Silvestre, a Dieese official in São Paulo, says the result shows that there is a tendency for inflation to also fall.


“In general, we have various indications of a drop in inflation. The prices of food items in the basic basket all fell in June, led by some items that have a significant weight in calculating the basket, such as tomatoes, sugar and rice,” explained Silvestre.


However, cumulative prices for the year, January to June, have risen in all 16 capital cities, with Recife (20.69%), Fortaleza (16.41%) and João Pessoa (14.2%) in the lead – all these capital cities are in the Northeastern region of Brazil.


The lowest price increases occurred in Brasí­lia (2.54%), Belém 2.78%) and Rio de Janeiro (4.16%). Silvestre points out that even with the cross-the-board increase for the year, the average increase for the 16 capital cities has been small.


ABr – www.radiobras.gov.br

Tags:

You May Also Like

Brazzil Magazine covers

Brazil Starts Flu Vaccination of Its 16 Million Elderly

Under the banner "Live better – Get Vaccinated Against Flu," Brazil’s Ministry of Health ...

Brazzil Magazine covers

The Stangs’ Open Letter and Challenge to Brazil’s President Lula

The murder of our sister Dorothy Stang – martyr, Pará citizen of the year, ...

Brazzil Magazine covers

Artists and Cannibals

Organizers of São Paulo’s 24th Bienal are expecting that 450,000 will be drawn by ...

Brazzil Magazine covers

Brazilians and Chinese Find Out How Tasty Brazil’s Coffee Is

Brazil is the world’s second largest consumer market for coffee. Last year, Brazilians drank ...

Brazzil Magazine covers

Brazil and Neighbors Economic Bloc, Mercosur, Doesn’t Seem Viable the Way It Is

Argentinean Carlos Alvarez, the president of the Standing Committee of Mercosur representatives said he ...

Brazzil Magazine covers

Forever Tunes

Producer Ricardo Cravo Alvim thinks that marchinhas resist because they were created with the ...