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Oil and Super El Niño Will Press Food Prices in 2026, Says Abras

Summary by CNN Brasil
Basket of basic items already accumulates high by almost 7% in the year, going to R$ 854 in May

2 Articles

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Oil Oscillations and El Niño Can Affect Food Supply and Prices, Says Abras

The Brazilian Association of Supermarkets (Abras) monitors the effects of climatic factors and the volatility of commodities on the costs of the sector in the second half. According to the vice-president of the entity, Márcio Milan, the fluctuations in oil prices and climatic conditions can affect the supply chain and food prices. Read more: Anticipation of the 13th and restitution of the IR boost consumption, points out association of supermark…

·Brazil
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CNN BrasilCNN Brasil

Oil and Super El Niño Will Press Food Prices in 2026, Says Abras

Basket of basic items already accumulates high by almost 7% in the year, going to R$ 854 in May

·São Paulo, Brazil
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CNN Brasil broke the news in São Paulo, Brazil on Wednesday, July 8, 2026.
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