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Finance Minister Fernando Haddad said that food prices are expected to fall. However, he expressed concern about two specific items that continue to rise: coffee and eggs, which are essential on Brazilians' tables.
Finance Minister Fernando Haddad said this Friday (21) that he expects a drop in food prices in the coming months. However, he showed concern about two specific items: coffee and eggs.
During a podcast interview Intelligence Ltda., Haddad highlighted that the global demand for coffee has grown and this can to press prices in Brazil.”There are some items that are inspiring more care. For example, the increase in global demand for coffee inspires care.", said.
Possible speculation in the egg market
The minister also pointed out possible distortions in the egg market. According to him, although Brazil exports little of this product, the domestic price may be affected by other factors.
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"Eggs are another concern… We export few eggs. Our egg exports are very small, but there may be market concentration, there may be speculation with the price.”, He stated.
To better understand the scenario, Haddad said that President Luiz Inácio Lula da Silva has already contacted the Ministry of Agriculture and the Ministry of Agrarian Development.
The guidance is to investigate the factors that are influencing the increase in egg prices in the country.
Factors that can help reduce prices
Despite the concerns, Haddad maintained an optimistic view of the overall scenario.
He mentioned two points that should help ease prices: the current agricultural harvest and the appreciation of the real against the dollar.
According to the minister, these two factors tend to improve the supply of food and reduce import costs, contributing to a drop in consumer prices.
Lula blocked tax on international purchases of up to US$50
In the same podcast, Haddad also revealed that he tried to create a tax on international purchases of up to US$50 through an ordinance, but was prevented by President Lula.
"This tax could have been charged by an executive order of mine, because import tax is regulatory. It wasn't imposed because Lula didn't let me do it. I'm being honest, I wanted to do it. We had a meeting and he said: I don't want to. There's already ICMS and I'm not going to do that.”, He stated.
Haddad explained that the import tax is regulatory and would not require congressional approval. Even so, Lula decided not to move forward with the measure. According to the president, the ICMS would already be sufficient.
The minister also recalled that the ICMS tax on these purchases was initiated by the governors themselves, including those in opposition.Who charged tax on blouses? It was the 27 governors with ICMS”He concluded.
