Brazil Suffers Inflation in the Wake of Pandemic Restrictions and Drought

Brazil Suffers Inflation in the Wake of Pandemic Restrictions and Drought
A man holds 200-real notes after Brazil's Central Bank issued them in Brasilia on Sept. 2, 2020. Sergio Lima/AFP via Getty Images
|Updated:
With inflation hitting 10 percent, Brazilians are dealing with significantly higher electricity and food prices, brought about by the economic consequences of pandemic restrictions and a historic drought.
The country’s National Confederation of Commerce of Goods, Services, and Tourism (CNC) published a list of 15 common consumer goods that contributed to the significant inflation rate, which hit double digits as of September this year.
Autumn Spredemann
Autumn Spredemann
Author
Autumn is a South America-based reporter covering primarily Latin American issues for The Epoch Times.
twitter
Related Topics