Price of Basic Food Falls in Brazil

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:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

The IMF Stunted Brazil

Of the five world’s giant countries (the United States, China, India, Russia, and Brazil), ...

Brazil’s Petrobras Net Revenue Grows 24%

Petrobras, the Brazilian state-owned oil company, had consolidated net revenues of R$ 28.9 billion ...

Domestic Air Travel Up 18% in Brazil

The number of passenger arrivals in national flights last year was of 43,130,559, an ...

WTO: Brazil Is Back to the Bargaining Table

The result of Wednesday’s, May 4, mini-ministerial meeting of the World Trade Organization (WTO) ...

Brazil Will Be the US of This Century, Says Lula

Brazil’s President Luiz Inácio Lula da Silva reiterated the importance of integration among the ...

Brazil Wrestles from Drug Lords Latin America’s Largest Favela in Rio

Close to 3,000 men backed by helicopters and armored vehicles from the federal, military ...

Brazil and Ghana Strengthen Agricultural Ties

In a joint communiqué issued April 13, Brazil and Ghana reaffirmed their commitment to ...