Drought and inflated food trade in March , says IBGEBy Diogo Martins | Value
RIO - The prices of food and beverages rose pulled by weather problems , increased exports of meat and difficulties in importing items like wheat . Therefore , the group accounted for 51 % of the National Consumer Price Index (IPCA ) in March. That's the assessment of Eulina dos Santos , coordinator of indices of Brazilian Institute of Geography and Statistics ( IBGE ) .
RIO - The prices of food and beverages rose pulled by weather problems , increased exports of meat and difficulties in importing items like wheat . Therefore , the group accounted for 51 % of the National Consumer Price Index (IPCA ) in March. That's the assessment of Eulina dos Santos , coordinator of indices of Brazilian Institute of Geography and Statistics ( IBGE ) .
According to the IBGE , the Food and beverages group increased 1.92 % in the third month of 2014 , after rising by 0.56 % in February . With this, the group contributed 0.47 percentage points to 0.92 % IPCA one point .
" The drought was the main impact on food prices ," said the specialist IBGE .
Between February and March , the foods were more expensive were potatoes ( 35.05% ) , tomato ( 32.85% ) , carioca beans ( 11.81% ) and vegetables and vegetables ( 9.36 % ) . This period , the meat rose 2.25% .
" There was an increase in meat exports , decreasing the supply in the domestic market," Eulina said , adding that the item had also influence the increased costs of animal feed , due to the drought.
Some wheat products became more expensive in March compared to February . This occurred with wheat flour ( 1.07 % ) and white bread ( 1.09 % ) .
" There are some difficulties in importing wheat and we know that our grain production this year will be lower ," said the specialist IBGE .
Eulina also noted that the rising cost of airline tickets in March influenced the outcome of the Transport Group , whose demand was driven by Carnival .
Between February and March , the transport group was falling 0.05 % to 1.38 % rise . Airline tickets , whose prices fell 20.55% in February , rose 26.49% in the following month , the biggest impact among the items that make up the IPCA , accounting for 0.12 percentage point , which advanced 0.92 % .
" We found that , in March , the airlines stopped offering discount airline tickets . Effect of carnival. In February , when demand was lower , the industry offered many promotional fares , "said the specialist IBGE .
Another item that was pressed Transport ethanol , up 4.07 % in March compared to February . As fuel also equipped gasoline rose 0.67 % in this period.
Read more at:
http://www.valor.com.br/brasil/3511008/seca-e-comercio-exterior-inflacionaram-alimentos-em-marco-diz-ibge#ixzz2yRTrzYyR
" There was an increase in meat exports , decreasing the supply in the domestic market," Eulina said , adding that the item had also influence the increased costs of animal feed , due to the drought.
Some wheat products became more expensive in March compared to February . This occurred with wheat flour ( 1.07 % ) and white bread ( 1.09 % ) .
" There are some difficulties in importing wheat and we know that our grain production this year will be lower ," said the specialist IBGE .
Eulina also noted that the rising cost of airline tickets in March influenced the outcome of the Transport Group , whose demand was driven by Carnival .
Between February and March , the transport group was falling 0.05 % to 1.38 % rise . Airline tickets , whose prices fell 20.55% in February , rose 26.49% in the following month , the biggest impact among the items that make up the IPCA , accounting for 0.12 percentage point , which advanced 0.92 % .
" We found that , in March , the airlines stopped offering discount airline tickets . Effect of carnival. In February , when demand was lower , the industry offered many promotional fares , "said the specialist IBGE .
Another item that was pressed Transport ethanol , up 4.07 % in March compared to February . As fuel also equipped gasoline rose 0.67 % in this period.
Read more at:
http://www.valor.com.br/brasil/3511008/seca-e-comercio-exterior-inflacionaram-alimentos-em-marco-diz-ibge#ixzz2yRTrzYyR
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