Economy

Panel SA: Varejo predicts price slowdown disconnected from Bolsonaro’s request to hold high

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After Bolsonaro’s appeal to supermarket sector entrepreneurs to hold down the prices of items that make up the basic basket, Apas (association of sector retailers) released its price index, up 1.87% in May and 19.09% in May. % in 12 months.

Calculated in partnership with Fipe, the IPS (Supermarket Price Index), which measures the inflation felt by consumers in food and hygiene and cleaning items, points to a deceleration of inflation compared to the number recorded in April (3.02%). .

The entity says that it foresees a stabilization in prices that would already happen, regardless of the president’s requests.

“The sector defends the free market and free trade precisely because it is not a price maker and works with a very low profit margin, especially in the food category”, says Apas.

Joana Cunha with Paulo Ricardo Martins and Gilmara Santos

Brazilian PresidentfoodhungryinflationipcaJair BolsonaroleafPolicysupermarkets

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