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Food Prices Up 20 Percent for Christmas

By Lucy Jordan, Senior Contributing Reporter

BRASÍLIA, BRAZIL – Putting Christmas dinner on the table could be considerably pricier than last year, research shows. The prices of typical holiday food like chicken, pork and bacalhau, or salt cod, typically eaten by Brazilians on Christmas Eve, have risen by 18.60 percent according to a Fundação Getúlio Vargas (FGV) study.

Bad weather driving up commodity prices and businesses’ desire to capitalize on the season during a year of stagnant economic growth are to blame for the increased cost of celebrating this year, and consumers should shop around for the . . .

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