Brazilian left -wing president recently told the citizens of the country not to buy expensive food items in an effort to fight the uplift Food prices.
In a video that is divided online, Brazilian president Luiz Inácio Lula that Silva urged the Brazilians to be frugal when buying food.
“If you go to a supermarket in Salvador and suspect a certain product is expensive, don’t buy it,” he said. “Look, if everyone was thinking that way and didn’t buy things they thought they were expensive, whoever sells, they would have to lower the price to sell it.
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Brazilian President Luiz Inácio Lula that Silva speaks during the national conference on technology in Brasilia, Brazil, July 30, 2024. (Reuters/Adriano Machado // File Photo)
“Because if they don’t, it will spoil it.”
It is Thursday that Silva said to take care of growing food prices But the projected increase would slow down and express an optimistic tone of economics.
“The Brazilian economy lives its best moment,” Lula said during an interview with radio stations, Reuters reported.
The left -wing leader noted that Brazil is still at a low level compared to the US dollar, but sees the rate “adjustment,” Reuters states.
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Seller at a herbal booth at a supply center in Brasilia in Brazil, May 9, 2023. (Reuters)
In January, Brazilian Finance Minister Fernando Haddad said he expects food prices to fall this year because of strong agricultural production.
Prices tend to stay at high levels while food production “Correct this distribution of prices to an appropriate level,” he told the local sales news.
Haddad added that officials predict Brazilian economy It will increase 2.5% in 2025, slowing down from 3.5% expected last year.
Brazilian President Luiz Inácio Lula that Silva participates in a ministerial meeting on the support of the state of support from the state of Rio Grande Do Sul, to which the flood was hit at the Presidential Palace in Brasilia, Brazil, May 13, 2024. (AP Photo/Eraldo Peres)
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“I believe we have room for growth of 2.5% by reducing inflation,” Redetv said according to Reuters.
