The president of Brazil, tells the country that they do not buy expensive edible as food prices increase

Brazil’s leftist president recently told the country’s citizens not to buy expensive supermarket items in an effort to fight food prices.

In a video that is shared online, Brazilian president Luiz Inacio Lula da Silva urged Brazilians to be frugal when you buy groceries.

“If you go to the supermarket in Salvador and suspect that a certain product is expensive, do not buy it,” he said. “Look, if everyone thought like that and did not buy things that thought they were expensive, who sells will have to reduce the price to sell it.

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Brazilian President Luiz Inacio Lula da Silva speaks during the National Technology Conference in Brasilia, Brazil, July 30, 2024. (Reuters/Adriano Machado // File photo)

“Because if they don’t, he will spoil.”

On Thursday, Da Silva said he was worried about Increased food prices But projected, the increases would slow down and express an optimistic tone about the economy.

“The Brazilian economy is living its best moment,” Lula said during an interview with the radio stations, Reuters reported.

The leftist leader said that the Real of Brazil was still at a low level against the US dollar, but sees the “tight” rate, according to Reuters.

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A seller in a vegetable position in a supply center in Brasilia, Brazil, on May 9, 2023. (Reuters)

In January, Brazilian finance minister Fernando Haddad said he expected food prices to decrease this year due to strong agricultural production.

Prices tend to remain at high levels until food production “corrects this price distortion at an adequate level,” he told a local means of communication.

Haddad added that officials predict The economy of Brazil 2.5% will grow in 2025, decreasing from 3.5% expected last year.

The Brazilian president, Luiz Inacio Lula da Silva, attends a ministerial meeting on plans to support the state of Rio Grande do Sul, which was affected by floods, in the presidential palace in Brasilia, Brazil, May 13, 2024. (Photo/Eraldo Peres)

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“I think we have space to grow 2.5% by reducing inflation,” he told REDETV, according to Reuters.