Government-controlled prices rose 339%, other prices 93%

03/01/2006 - 20h55

Mylena Fiori
Reporter Agência Brasil

Brasília – A study just released by the Secretariat of Economic Oversight at the Ministry of Finance (Secretaria de Acompanhamento Econômico) (Seae) do Ministério da Fazenda) shows clearly that over the last ten years the prices that have risen most in Brazil were prices controlled by the government: electricity, telephone, transportation, basic sanitation, gasoline and health plans.

And the difference between the increase in government-controlled prices and prices in the private sector was not small. Government-controlled prices rose 339%, other prices were up only 93% .

Translation: Allen Bennett