The appreciation of the Brazilian real resulted in an increase in chocolate imports ahead of Easter
Apr, 04, 2022 Posted by Gabriel MalheirosWeek 202214
The appreciation of the Brazilian real against the US dollar will allow Brazilians to see a greater variety of chocolates this Easter.
A study by the National Confederation of Trade, Services, and Tourism (CNC), based on data from the Secretariat of Foreign Trade, points out that chocolate imports grew 8% this year compared to the same period last year.
At Easter last year, the dollar was valued at R$ 5.70, much higher than the current exchange rate of R$ 4.62 as of Monday, April 4th.
The sale of chocolates, the edible symbol of the holiday, will contribute to the volume increase among retail sales on the date, which should be 1.9% higher than Easter 2021, disregarding inflation.
The sector expects to see R$2.16 billion in revenue on the date.
Source: CNN Brasil
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