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Home Government allows readjustment in the price of medicines, with an increase of almost 11%

Government allows readjustment in the price of medicines, with an increase of almost 11%

30 March 2022 to 22: 10
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price, medicine, government
Photo: Reproduction Google Images (via Money Times)

April will start with the new prices of medicines defined by the rise of the Bolsonaro government. Rise in the sector can harm population

On March 29, the last Tuesday of the month, the government of Jair Bolsonaro, who recently dismissed the president of Petrobras, approved a 10,89% increase in the price of medicines. The government measure will come into force from Friday, April 1st. The information was confirmed by the Union of Pharmaceutical Industry Products (Sindusfarma), on the night of the same day that there was authorization (29).

According to the Union, the readjustment approved by the government – measure that is being adopted in several sectors, mainly fuels – should affect at least 13 thousand varieties of medicines present in the retail pharmaceutical market in Brazil. Through the publication of a note, the entity warns: “But the readjustment is neither automatic nor immediate, since the great competition between companies in the sector regulates prices: medicines with the same active principle and for the same therapeutic class (disease) are offered in the country by several manufacturers and in thousands of points of sale”.

In this sense, according to the news vehicle Diário do Nordeste, the calculation carried out to arrive at the readjustment of medicines authorized by the government takes into account the inflation obtained through the Extended Consumer Price Index, IPCA, (which is equal to 10,54%), together with the productivity achieved by the sector (equivalent to zero), the adjustment factor for relative values ​​between sectors (0,35%), and the adjustment factor for relative prices within sector Z (zero).

Last year, the Bolsonaro government had already allowed a growth of up to 10,08% for medicines, compared to an inflation of 4,52% in the previous year. Now, with this new rise in drug prices, the population's cost of living will become even more expensive, especially for the elderly, whose wages and pensions are being greatly affected by inflation.

In this way, based on attitudes like that of the government, the life of the population is even more compromised, taking into account the skyrocketing not only of medicines, but also in the prices of food, fuel, of electricity and rising rents. In the last three years, the IPCA, which measures official inflation, has skyrocketed: it closed 2019 at an increase of 4,31%, in 2020, it rose to 4,52%, and in 2021, it accumulated an increase of 10,06%, the worst result since 2015.

However, Nelson Mussolini, the executive president of Sindusfarma, says that “depending on the replacement of stocks and the commercial strategies of the establishments, price increases may take months or not even happen”.

Car sales: with a decrease of almost 23% in deliveries last month, according to KBB Brasil, sector prices follow an opposite path

According to data from the analysis carried out by the National Association of Automotive Vehicle Manufacturers (Anfavea), the month of February ended with a drop in the car market, a product that can be purchased with bitcoin. Thus, in February, only 129 vehicles were licensed, which corresponds to a decline of 22,8% compared to the same period last year. However, car prices – as well as fuel prices – remain on a constant rise, shows KBB Brasil's Price Variation Monitor, a company specializing in the price of new and used cars. 
As pointed out by the KBB Brasil survey released on the Istoé Dinheiro portal, the main factors responsible for the increase in prices were semi-new cars (from 0 to 3 years old), with an average change of 2,96%, and used cars (from 4 to 10 years), which rose 1,87% on average. Brand new cars, in turn, suffered an increase of only 0% in their price. To check the increase in prices in this other sector of the Brazilian market, just click here and read the full article.

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