Agri Business

barbecue price rises more than 50% since the last games in 2018

Having a barbecue to accompany the World Cup games is more expensive this year. Item prices have risen 53.7% since the last games, in 2018, driven by increased production costs in the field and reduced domestic supply.

The survey was carried out by economist Fernando Agra, professor at the Federal University of Juiz de Fora (UFJF). He used data from the Extended Consumer Price Index (IPCA) from the Brazilian Institute of Geography and Statistics (IBGE), which measures official inflation in the country.

According to the survey, the value of chicken rose by more than 100%, and sirloin, by more than 80%. Rice rose 64.38%, and pork rose 56.89%.

See how much each item has risen:

Chicken: 104.86%
Sirloin steak: 80.77%
Rump: 69.16%
Rice: 64.38%
Garlic: 63.27%
Pork: 56.89%
Mayonnaise: 54.20%
Pepper: 118.32%

“The price increase was driven by a reduction in domestic supply in recent years and an increase in exports, which was stimulated by the growth of the international economy, as well as the increase in the exchange rate. This encourages the producer to send it abroad, so [fica] less product in here”explains the economist.

“There was also an increase in production costs, caused by water scarcity, which increased the cost, for example, with electricity”he adds.

Assumption 2023: the socio-environmental issues continue without being a priority

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