Tridge summary
The Brazilian Institute of Geography and Statistics reported a 0.41% increase in the Extended National Consumer Price Index (IPCA) in November, with key factors being climatic conditions and excessive rainfall in Curitiba leading to significant price increases in fruits and vegetables, especially tomatoes which saw a 13.64% rise. Seven out of the nine groups of products and services surveyed by the IBGE experienced price decreases in November, but not in the food category where onion and tomato prices surged the most.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The Extended National Consumer Price Index (IPCA), considering the country's official inflation, increased by 0.41% in November, as disclosed by the Brazilian Institute of Geography and Statistics (IBGE), on Friday (09). In Curitiba, for example, tomatoes can be found at R$8.90 per kilo. A 20-kilogram box costs R$120 at Ceasa's supply centers. Which represents an increase of 13.64% between October and November. For specialists, the rise in prices is mainly due to climatic factors. Fruits and vegetables also increased due to excessive rainfall in the state. For the engineer of the Department of Rural Economy (Deral), Paulo Andrade “The weather affects prices in general, as it is dominating the market this year”, he says. Of the nine groups of products and services surveyed by the IBGE, seven were discharged in ...
Source: Agrolink
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