Saturday, 12 July 2008

Food in Brazil: consumers reel from the effects of rising prices

In the last 36 months the price of the average food shopping basket in Brazil rose by 25%.

idec (Instituto Brasileiro de Defesa do Consumidor) recently highlighted alarming price increases in certain basic foodstuffs between March 2007 and March 2008 in their monthly magazine revista do idec (see below).

Food in general

12.7%

Margarine

14.6%

Rice

7.7%

Soya oil

48%

Beans

164.4%

Maize oil

40.2%

Milk

25.2%

Beef

19.9%

French Bread

8.7%

Pork

12.1%

Cheese

24%

Poultry and eggs

13.8%


Brazil, a major grain producer, is expecting a record soya harvest in 2008, including 25 million tons earmarked for export. However, the country still depends on imports for 70% of its wheat consumption and consumers are feeling the effects of recent price rises.

idec believes Brazil should develop a national policy on food sovereignty. They are also calling on the government to protect and support indeginous small scale food producers who are suffering more than their industrial counterparts in the current environment.

1 comment:

  1. Yep!
    here we are facing high prices!
    Here we are buying drugs such as Paxil, Effexor, Champix, Prozac, Zyprexa, Cymbalta, Ritalin...
    No pharmacovigilance whatsoever!
    They are drugging our children!
    They are killing our children.
    HELP!!!!!!!!!!!!!!

    ReplyDelete