Bela Gil inflation: ups and downs of fruits and vegetables – 07/14/2023 – Market

Chef and presenter Bela Gil announced a reduction in the prices of dishes at her restaurant, Camélia Òdòdó, in the São Paulo neighborhood of Vila Madalena. The variation between 10% and 20% of the amount charged, she says, is a consequence of the food deflation registered in June in the country.

On Tuesday (11), the IBGE (Brazilian Institute of Geography and Statistics) pointed to a drop of 0.08% in the IPCA (National Broad Consumer Price Index), driven by the reduction in prices of cars, food and fuel.

The group of food and beverages had a drop of 0.66%, mainly associated with the decrease in food prices at home (-1.07%).

Some reacted to the restaurant’s price cuts by saying that vegetables and fruits remain expensive at retail, even as overall food inflation weakens.

According to the restaurant, the menu adjustment took into account the lower prices of items present in almost all meals at the establishment, such as carrots, lemons, soy, oranges, pumpkin, potatoes, chayote, cassava and ginger. In addition, the decrease in the price of fuel was considered, informs the establishment.

With the exception of potatoes, which increased by 6.43% in the month, the other foods on this list that make up the IPCA recorded a decline or relative stability in the monthly index for June. These are the cases of carrot (-7.15%), pear orange (-2.91%), lime orange (-11.22%), bay orange (-26.93%), lemon (-0.21% ) and cassava (0.07%).

Already considering the accumulated inflation of the last 12 months, which gives a longer notion of the performance of prices, the potato (-6.83%) and the bay orange (-8.75%) had deflation, but there are still increases double digits, such as carrots (15.55%).

The Inflation Panel, a tool for Sheet based on IBGE data, shows that fruits, for example, have accumulated inflation of 13.36% in 12 months, and vegetables, 2.8%.

As the price level is still high for many products, consumers may feel that not much has changed. The Inflation Panel shows the price evolution of 377 sub-items (in the area of ​​products and services) calculated by the IBGE: