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By Jay Forte, Contributing Reporter

RIO DE JANEIRO, BRAZIL - Retailers and consumers are seeing a wave of imported products in Brazil, mainly due to the favorable exchange rate of the Brazilian real to the U.S. dollar. However while this is a welcome turn for those looking to purchase imported beverages, electronics or garments in Brazil, analyst warn of the negative effect on the domestic markets.

In a report by O Globo, Antonio Correa de Lacerda, a professor at PUC-SP explained: "The pace of imports is no longer as healthy for the Brazilian economy. This is because many [imports . . .

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