The second drop in diesel prices in less than two weeks, announced on Thursday (11) by Petrobras, brought the fuel closer to international parity, a policy adopted by the state-owned company in 2016. In an interview with CNN Sergio Araujo, Brazilian Association of Fuel Importers, stated that the drop in diesel has a positive impact on inflation.
The specialist explained that the reduction in the cost of fuel has a long-term impact on the price of freight and products, such as food. As Brazil is a country dedicated to road transport, the effect on the prices of goods and services should occur.
The Broad Consumer Price Index (IPCA) registered deflation of 0.68% in last month, with the accumulated in 12 months falling from 11.89% to 10.07%.
He also warns that the country will have difficulty in stocking up on fuel. Well, the commodity produced in the US and sold in the Gulf should be destined for the European Union, as there may be greater demand in the region in the second half of the year.
The specialist also says that negotiations between Brazil and other diesel producing countries took around 2 to 3 days, now it is around ten. And the transport, which was approximately 20 days, went to about 2 months.
Source: CNN Brasil
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