The food and beverage group was the one that most impacted Brazil’s IPCA in 2024, according to IBGE
Meat had a strong impact on inflation in Brazil, measured by the IPCA (Broad National Consumer Price Index). They rose 20.84% in 2024 and had an impact of 0.52 percentage points on the annual rate, which.
The (Brazilian Institute of Geography and Statistics) released inflation data for Brazil this Friday (10.Jan.2025). Here is the report (PDF – 911 kB).
During the 2022 electoral campaign, the president (PT) said that Brazilians lost purchasing power during the (PL) administration. that the poor man would go back to eating animal protein.
The price of picanha rose 8.74% in 2024, according to IBGE data. Within the subgroup “carnes”, was the 3rd subitem that rose least last year. The cut that saw the biggest increase was beef chuck, which increased in price by 25.24%. The top 3 is also made up of duckling (+24.13%) and shovel (+22.90%).
The food at home group was the one that most influenced inflation in Brazil. Alone, it raised the index by 1.63 percentage points in 2024.
