Brazilian Households See 3% Spending Increase in 2023

In 2023, Brazilian households showed a 3.09% increase in consumption compared to the previous year. The Brazilian Supermarket Association (Abras) observed this growth, highlighting an 18% rise between December and November. Marcio Milan, Abras’ Vice President, credits this increase to lower food inflation for home consumption, particularly for beef, compared to eating out. Factors such […]

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