Brazil: Wholesale food price indicator rises 9.17% in August; second biggest high of the year

São Paulo, 09/14/2021 - The Ceagesp price index ended the month of August with the second highest increase of the year, at 9.17%, still due to the effects of the frosts in July and July. According to a statement issued by the São Paulo General Store and Warehouse Company (Ceagesp), wholesale food prices rose sharply in the vegetables, fruit and various sectors. The sector of vegetables accumulates a high of 55.4% in the year, while the sector of fruits accumulates a fall of 15.8% and that of various, a low of 14.2%. The cold waves accentuated the highs of the month of July, which were stronger in the vegetable sector. The sector that rose the least was vegetables, which had a faster recovery, due to the shorter production cycle, and whose quality recovered and is very good, says Ceagesp. For this month of September, the forecast is for above-average temperatures for the period, with continued lack of rain, which could harm some more sensitive crops. "The market remains well ...