Staple food inflation in Brazil reaches 25% in the year

It has been the highest yearly staple food inflation rate since the creation of 'Plano Real', the stability plan deployed in 1994, anchored by the creation of a new currency that put a stop to the hyperinflation. Factored by currency devaluation and the increase in the price of these items in US dollars in the international market, the average 25% inflation this year puts a big toll on poor people. Rice, for instance, had a price increase of 120% in the gross sales and 62% in the retail market, followed by soybean oil with a 99% increase.