The costs of utilities and food have increased since the end of last year. The best example may be that of the tomato
, which increased by 300%. In fact, we have many Italian restaurants that removed all tomato-based dishes from their menus.
[Editor’s Note: relative to last year, overall inflation in Brazil was a little over 5%]. Although our nominal growth rates are still positive, they’ve come crashing down [from 7.5% in 2010 to 0.9% in 2012, and with 2.7% forecast for 2013]. We are concerned that Brazil is lagging behind other large emerging economies like India and China.
We feel like we are paying more than we should be. And the bus system is, in a sense, a symbol of this feeling, with buses falling apart but increasingly expensive to ride. Each time I get into one, I get the feeling I’m a cow being brought to slaughter!
[To demonstrate the very real impact of the tariff hike (from 3 reals, or 1€, to 3.20 reals, or 1.10€), our Observer Erika calculated that with an average monthly salary of 678 reals (232€), and an average of 20 bus trips per month, her transportation costs are 128 reals (43€) per month, which comes out to nearly 20% of her salary!]