THE IMPACT OF THE MONETARY VALUE OF THE BASKET OF GOODS IN THE ECONOMY OF LONDRINA/PR – BRAZIL


The 2017’s super crop harvested in Brazil helped preponderantly to maintain the inflation rate under control. It allowed the inflation rate to reach a historical low level of 2.95% in the year, even below the 3% target set by the Central Bank of Brazil. This performance allowed: a) the release of income for the consumption of a distinct range of products that stimulated the economy, b) a drastic reduction in the basic interest rate, resulting in benefits for both the consumer and the productive sector, and c) to help the government by raising tax revenues and also by inhibiting the fiscal deficit growth Full Article