The food is more expensive and should continue to climb in the coming months
During the election campaign, the president Luiz Inácio Lula da Silva (PT) He underlined that the Brazilians had to repair his purchasing power and declared that the Brazilians would do a lot of barbecue if he had returned to the plateau. “People have to eat a barbecue, eat a picanha and take a beer,” said Lula, during the interview with National newspaperby TV Globo, broadcast on August 25, 2022.
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However, in practice, it was not entirely. In 12 months, the large national consumer price index (IPCA), an official inflation measurement in the country, accumulates at maximum 4.56%. Among the articles that have become more expensive in the period, highlighting the unloading of meat (21.17%). Although the focus of criticism is the government, beef is increasing since last year by a combination of factors, according to the experts listened to by Earth.
“This increase is due to the internal heating of the economy and the strong growth (23.4%) of exports. The discharge of exports has to do with the growth of demand by the United States (which has had problems in production) and China and the devaluation of reality, which stimulated exports “, explains José Ronaldo de Souza, head of the economist of Leme Consultoreres.
José Giacomo Baccarin, agronomist and one of the founders of the Zero Hunger Institute, also believes that the most crucial factor that made the meat increasing was the high dollar: “Our currency had a profound devaluation in currency last year, 27 %. This probably stimulated the trade in meat abroad and extracted internal prices.
Experts point out that the internal demand, influenced by the improvement of the labor market and tax stimuli, has also influenced this meat discharge. José Carlos de Souza Filho, economist and professor at the FIA Business School, cites another factor in this combination that may have increased meat prices: the cattle cycle -Fenomen characterized by fluctuations in the prices of cattle and meat, with periods of low and high periods, which are repeated from time to time.
Impact of Lula’s approval
Even in the face of these economic factors, the government is under pressure from the population. In a recent response, Lula suggested that the population avoids buying very expensive products. Considered unhappy against the high food price, the declaration may have contributed to the negative evaluation of the government.
According to a Datafolha survey, published last Friday, 14, Lula’s approval dropped from 35% to 24% in two months, reaching the worst rate of its three terms in the presidency. The disapproval of the Petista government is also a record, from 34% to 41%. In addition to the high price of the food, the “photo crisis” has contributed to explaining the fall of the popularity of the pedestal.
The investigation also stressed that 32% consider the regular government, three more percentage points than in December last year, in the penultimate research. 2,007 voters were listened to between 10 and 11, in 113 Brazilian cities. The margin of error is two percentage points for more or less.
Source: Terra
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