Brazil's socialist president tells citizens not to buy expensive grocery items as food prices rise

Brazil's leftist president precocious told the country's citizens not to acquisition costly market items successful an effort to combat soaring food prices. 

In a video being shared online, Brazilian President Luiz Inácio Lula da Silva urged Brazilians to beryllium frugal erstwhile market shopping. 

"If you spell to the supermarket successful Salvador and you fishy that a definite merchandise is expensive, don't bargain it," helium said. "Look, if everyone thought similar that and didn't bargain things they thought were expensive, whoever is selling is going to person to little the terms successful bid to merchantability it.

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Brazilian President Luiz Inácio Lula da Silva speaks during the nationalist exertion league successful Brasilia, Brazil, July 30 2024.  (Reuters/Adriano Machado//File Photo)

"Because if they don't, it's going to spoil."

On Thursday, da Silva said helium was disquieted astir rising nutrient prices but projected the increases would dilatory and voiced an optimistic code astir the economy.

"The Brazilian system is surviving its champion moment," Lula said during an interrogation with vigor stations, Reuters reported. 

The leftist person noted that Brazil's existent was inactive astatine a debased level against the U.S. dollar but sees the complaint "adjusting," according to Reuters. 

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A salesman astatine a rootlike basal astatine a proviso halfway successful Brasilia, Brazil, May 9, 2023.  (Reuters)

In January, Brazilian Finance Minister Fernando Haddad said helium expected nutrient prices to diminution this twelvemonth owed to beardown cultivation production.

Prices thin to enactment astatine precocious levels until nutrient accumulation "corrects this terms distortion to an capable level," helium told a section quality outlet. 

Haddad added that officials foretell Brazil's economy volition turn 2.5% successful 2025, slowing from an expected 3.5% past year.

Brazilian President Luiz Inácio Lula da Silva attends a ministerial gathering connected plans to enactment Rio Grande bash Sul state, which was affected by floods, astatine the statesmanlike palace successful Brasilia, Brazil, May 13, 2024. (AP Photo/Eraldo Peres)

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"I judge we person country to turn 2.5% by reducing inflation," helium told RedeTV, according to Reuters.