Bolsonaro is angry with the man who asked to lower the price of rice; watch video – 10/25/2020 – Market



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President Jair Bolsonaro (without a party) was angry with a man who approached him this Sunday (25) at the exit of the permanent fair in Cruzeiro, in the Federal District, to complain about the price of rice.

“Bolsonaro, lower the price of rice, please. I can’t take it anymore,” said a man who approached the president as he prepared to get on his motorcycle.

“Do you want me to download it? Do you want me to tab? If you want it to tab, tab. But you’re going to buy it in Venezuela,” the president reacted.

The man left without saying anything. “Speak up and go,” Bolsonaro told supporters, security guards and journalists.

The president took advantage of the morning to tour Mexico City on a motorcycle with the ministers of the Government Secretariat, General Luiz Eduardo Ramos, and of the Civil House, General Walter Braga Neto.

Inside the market, Bolsonaro was harassed by supporters and heard favorable words for the entire time the report followed. As he left the place, he heard shouts of “Get out, Bolsonaro!” and I love you”.

Pressured by the high prices of food and air tickets, the advance of Brazilian official inflation registered its highest increase since 1995 in October. According to the IBGE (Brazilian Institute of Geography and Statistics), the IPCA-15 (Broad Index of Consumer Prices) 15) accelerated to 0.94% in the month, after an increase of 0.45% in September.

The result was above the expectations of economists, which represented an increase of 0.83% for the indicator in October, according to the median of the projections collected by Bloomberg.

Rising prices and fiscal uncertainty have sparked mistrust in the business community, which already says it is more concerned about economic policy than the pandemic.

In the year, accumulated inflation is 2.31%. In the 12-month period through October, the index also accelerated to a 3.52% increase, from 2.65% in September.

The food and beverages group rose 2.24% in the previous month from October inflation, high driven by food consumed at home (2.95%). Among foods, the main highlights were soybean oil (22.34%), rice (18.48%), tomatoes (14.25%), long-life milk (4.26%) and meat (4.83 %). ).

On September 9, the government decided to reduce the import duty for paddy rice and processed rice to zero until December 31 of this year. The measure sought to contain the rise in prices, according to the government.

The temporary reduction is limited to the 400 thousand ton quota, which is applied to non-steamed husked rice and semi-milled or blanched non-steamed rice.

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