Brazil: CEAGESP index rises 11.2% in July

The CEAGESP price index ended the month of July with a strong increase, but maintained, in the accumulated result for the year, a drop of 8.4%. The indicator rose 11.2%, due to the effects of severe frosts in the month, which ranged from the southern and southeastern states to part of the Midwest, devastating crops exposed to weather, harming entire crops, decreasing the quality of crops. products and generating price hikes, despite all efforts by farmers to minimize losses. Only the fish and other sectors registered a reduction, with emphasis on the low prices of onions, potatoes and garlic. Price increases occurred strongly in the fruit, vegetable and vegetable sectors, especially for the latter, which came from a sequence of four months of decline in the year. Even with the strong highs, the fruit sector accumulates, in the year, a decrease of 21.6% and the sector of miscellaneous accumulates a fall of 19.2%. In July, the fruit sector had a strong increase of 8.56%. The main ...