Completely insensitive to the difficulties of the poorest population, currently half of the Brazilian population with R$ 413,00 per month (about 100 dollars), the Minister of Agriculture, Tereza Cristina, told the website Poder360 that the "Brazilian consumer should get used to the increase. in the price of meat in recent months ". The high of this product since January 2019 was 5% to 26%, depending on the cut of meat.
The rising price of meat is being produced mainly due to rising Chinese demand, mainly after the swine fever led to the loss of 40% of the country's pork herd. For this reason, China started to buy more beef from many countries, including Brazil. This helped drive up prices.
Another central product for any economy that is experiencing high prices is gasoline. In recent weeks Petrobras has authorized a series of increases in the price of gasoline in refineries.
To make matters worse, the rise in the dollar price should also increase the prices of medicines in Brazil. This is because countless medications, although produced in Brazil, use imported inputs. The high dollar will make these inputs more expensive. As a result, laboratories will be under pressure on costs and will certainly pass on the dollar increase to consumers.
The US currency is on the rise after Brazil's Economy Minister Paulo Guedes said the advance of the US currency is not a concern. The US currency, in recent months, jumped from R$ 3.70, July 18, to R$ 4.24, on November 26, and has remained at that level since then.
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