Most expensive fair? After the fall, prices rise again in ES

Most expensive fair? After the fall, prices rise again in ES
Most expensive fair? After the fall, prices rise again in ES
Photo: Reproduction TV Vitória

The Extended National Consumer Price Index (IPCA-15) for August released by the Brazilian Institute of Geography and Statistics (IBGE) points to a deflation of 0.73% in Brazil.

On the 15th of August, the IPCA-15 preview released by the institute already showed the drop in the prices of some products and services. In the case of food, the drop was small or even non-existent. Some products, such as milk and fruits, even registered an increase.

>> Want to receive our news 100% free by WhatsApp, click here and join

A survey carried out by Victory sheet points out that it is increasingly difficult for the capixaba to go to the market to buy vegetables and fruits. Data from the Brazilian Market Modernization Program show the price variation of ten products listed by the online newspaper throughout August.

Only 3 products kept falling prices in August

Among the ten products listed at the fair, only three maintained the downward trend or price stability in the four weeks of August analyzed (from August 1st to August 28th). They were: lettuce (kept R$ 25.00 a dozen), mango (from BRL 6.50 to BRL 5.50 per kilo) and Green pepper (from 4.00 to R$ 3.50 a kilo).

READ TOO: ES has first quarterly drop in GDP in two years

On the other hand, of the seven products that had variation and ended the month with high prices, three closed the cycle costing more than the first week of August. They were: silver banana (from BRL 3.70 to BRL 5.26 per kilo), onion (from BRL 3.75 to BRL 4.50 per kilo) and orange pear (from BRL 2.00 to BRL 2.21 per kilo). Look:

Economist Wallace Milis explains that the rise in food prices is related to inflationary pressure in recent months and to the harvest period.

“When you reduce the price of fuel, it is natural that you also reduce the cost of food distribution. But distribution is only one of the components of the value of food. We have others, especially the harvest period. with greater seasonality, greater price variation from one season to another”.

READ TOO: Auxílio Brasil: see the payment calendar in September

The forecasts are not very encouraging. One of the concerns is that the reduction of the ICMS rate will cause more inflation there in the future.

“This should generate an aggravation of the fiscal crisis of the States. This bill will need to be paid next year. It is an account that presents itself like this: States spending more than they should and States giving up revenues they should have. This ends up generating pressure on inflation in the future”, he explains.


The article is in Portuguese

Tags: expensive fair fall prices rise

PREV Kidnapper makes demands and says crime victim is dead, family says
NEXT Eletrobras privatization (ELET3) raises the alarm for dividends, but it is not the only one; meet two off-the-radar assets that can pay a ‘heavy’
-

-

-

-