Egg prices were affected by weather factors Wenderson Araujo/Trilux/CNA
The Broad National Consumer Price Index 15 (IPCA-15) — considered the preview of the country’s official inflation — recorded a 0.36% increase in prices in March, according to IBGE. The biggest influence comes from the Food and beverages group, with an increase of 0.91% in the month.
To a large extent, rising food prices are the result of adverse climate effects on some products, such as onions, potatoes and even eggs. In the case of fruit, the rise in Brazilian exports, which grow due to problems in other producing countries, also affect prices on the domestic market. The rise in olive oil, which is expected to continue at more expensive levels in 2024, is caused by the drop in European olive production.
Play and listen to the commentary:
Listen to CBN Agro from Monday to Friday, around 5:50 am, on CBN Primeiras Notícias, and on Tuesdays, around 1:20 pm, on CBN Brasil.
Last
Next
Brazil recognizes 16 states and DF as foot-and-mouth-free areas without vaccination
Tags: Understand reason rise prices eggs olive oil onions potatoes CBN Agro
