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Energy and fuel price inflation in Brazil jeopardizes industry recovery plans

RIO DE JANEIRO, BRAZIL - Essential in the daily life of families and companies, a group of products in the energy sector is eroding the economy's recovery. The electricity, gasoline, and diesel oil prices jumped at the end of last year and have not stopped rising since then.

In July, they were the main item responsible for inflation, according to the Broad Consumer Price Index (IPCA) - released by the IBGE. According to specialists, the scenario for 2022 is even more worrying, especially given the water crisis and the perspective of readjustments that impact the electricity bill.

"The contagion from the . . .

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