Tag: food prices

• Monday, September 14th 2020 - 11:19 UTC

  China's impact on poor Brazilians: prices of staples skyrocket, black beans 30%, rice 20%

  

  Black beans are up nearly 30%, beef about 40% – Brazilians are facing a skyrocketing rise in food prices, caused by record exports to China and strong domestic demand. This rebound, amid the economic and social crisis caused by the new coronavirus pandemic, has led the president, Jair Bolsonaro, to ask the owners of supermarkets to show “patriotism” and “keep their profit margin as low as possible”.

• Monday, October 7th 2019 - 09:48 UTC

  Ecuador in turmoil: shopkeepers arrested for raising food prices while street clashes continue

  

  Ecuadorean authorities began arresting shopkeepers for raising food prices as indigenous groups clashed with security forces on Sunday in the fourth day of protests against President Lenin Moreno's austerity measures.

• Tuesday, August 6th 2013 - 03:05 UTC

  Inflation in Uruguay remains ever so far from the Central bank annual target

  

  Consumer prices in Uruguay during July increased 0.77% while twelve-month inflation reached 8.75%, which is the highest since last February, and well ahead of the 8.21% to June, according to the latest release from the country’s National Stats Institute, INE.

• Thursday, November 8th 2012 - 07:08 UTC

  Brazil says inflation in October peaked and should begin to ease

  

  Brazilian Finance Minister Guido Mantega said on Wednesday that inflation has peaked and indicators are pointing to a retreat to a lower level. Consumer prices rose in October at their fastest pace since April due to higher food prices, government data showed, though a measure of wholesale costs suggested relief should arrive in coming months