Brazil: Sales of products such as rice and beans to low-income populations fell

(Agência Brasil) In recent months, the rice and bean market in Brazil has been facing a slowdown in sales, especially among low-income families, such as those receiving Bolsa Família benefits. This phenomenon has worried retailers and industry analysts, who have observed a drop in purchases of these essential products, considered basic in the population's diet. See more details! The Impact of Betting on Rice and Bean Purchases Among the various theories to explain this decline in consumption, one factor has stood out: the increase in online betting, which has diverted the attention and spending of a significant portion of the population, especially among the most economically vulnerable. The Scenario of the Rice and Bean Market in Brazil Slowdown in Sales of Basic Products In September, a drop in rice and bean sales was observed, which was also repeated in October and continued in November. According to Vlamir Brandalizze, an analyst in the grain sector, this decrease in purchases ...