This is Brazil by the Numbers, a weekly digest of the most interesting figures tucked inside the latest news about Brazil. A selection of numbers that help explain what is going on in Brazil. This week: food inflation; coronavirus transmission rates; GDP; corruption; aviation woes; São Paulo mayoral race.
Send any suggestions to [email protected]
19.2-percent inflation
Brazil’s overall inflation rate sits at a mere 0.7 percent since the beginning of the year, on pace to finish 2020 far below the government’s 4-percent target. But Brazilians are beginning to feel the rise in food prices, which fuels the growing pessimism about the economy. Tomatoes are now 13 percent more expensive and milk prices have jumped by nearly 5 percent since the start of the pandemic. And rice prices are an astounding 19.2 percent higher than they were in January.
Food prices weigh disproportionately on the poor and could spark disgruntlement among a significant proportion of...
Search
