Coffee prices in São Paulo begin to fall and are expected to continue declining.

According to a report by the São Paulo newspaper Folha de S. Paulo, data from the Brazilian Supermarket Association (Abras) shows that the decrease in coffee powder prices has also helped to mitigate the rise in basic food prices in the Southeast region in June, when food prices dropped by 0.52%. However, the price of coffee powder per kilogram remains high, with prices around 80 reais depending on the brand. This Wednesday (23rd), the reporter visited 8 supermarkets in the southern and central regions of São Paulo, where the average price of a 500g package was 37.21 reais, and the average price of a 250g package was 20.91 reais. During discounts, the price of 500g of coffee can drop to 27.99 reais. In the most expensive areas, the price can reach up to 44.99 reais. Experts say that consumers may need up to three months to notice the significant drop in coffee prices, which have risen cumulatively by 86.53% over the past 12 months and by 45.86% since January. "Wholesale coffee ...