Rising inflation and falling income lead Pão de Açúcar to almost zero profit in the 2nd quarter – 07/29/2021 – Market

  • Post author:
  • Post category:Brazil

The profit slippage of the country's second-largest food retailer, Grupo Pão de Açúcar (GPA), sparked the alert for the combination of falling population income and rising food inflation. The retail…

Continue ReadingRising inflation and falling income lead Pão de Açúcar to almost zero profit in the 2nd quarter – 07/29/2021 – Market