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The role of Sicoob Engecred, through the Institute's social actions, is to contribute to the education of children in the context of financial education, to aspire to a future with opportunities for socioeconomic growth, encourage educational actions in schools and communities and provide books compatible with each age. In this way, we look at them carefully and cooperate for a fair educational base full of new possibilities.The increase in prices of food items, fuel, technology.
Among other essential products, has haunted the Brazilian population in recent months. We often don't understand why this is constantly happening, but it's worth remembering that everything is being calculated, measured and compared regularly by moible number data inflation indices, as we'll see later. In short, our pockets are suffering from the effects generated by the covid-19 pandemic, the increase in the dollar exchange rate and the prices of raw materials, the latter being caused by irregularities in the production and logistics chains.
Also affect the consumption and manufacture of products in general. Next, we will present some basic concepts for understanding the factors that are generating the increase in prices in Brazil. What is inflation? Inflation can be defined as the general increase in the price level over a given period. The National Monetary Council (CMN), of the Central Bank (BC), sets annual inflation targets. The target for 2021 is 3.75%, assuming a maximum of 5.25% and a minimum of 2.25%, however, according to the domestic market.
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