{{Home to some of the world’s most expensive restaurants and hotels, and with some prices rising more as the opening match approaches, Brazil will shock those visitors whose idea of a tropical paradise is paying $1 for a beachside beer.
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Instead, Brazil is often the land of the $10 caipirinha (the sugar cane-based local drink of choice), the $100 risotto and the $1,000-a-night hotel room, prices fueled by many of the same imbalances and government policies that have restrained economic growth in recent years.<\/p>\n
Even by European and U.S. standards, prices for basic items are often staggering.<\/p>\n
In Sao Paulo, a bustling business hub that is surrounded by some of the country’s largest coffee farms, an espresso often costs twice as much as in Lisbon, says Paulo Duarte, a pharmaceutical consultant who splits time between both cities.<\/p>\n
“It’s absurd,” Duarte said. “We’re talking about one country that produces coffee and another that imports it.”<\/p>\n
High prices are nothing new in Brazil. The country has a long history of economic instability and runaway inflation, which topped 2,400 percent a year as recently as 1993.<\/p>\n
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{{Home to some of the world’s most expensive restaurants and hotels, and with some prices rising more as the opening match approaches, Brazil will shock those visitors whose idea of a tropical paradise is paying $1 for a beachside beer. }} Instead, Brazil is often the land of the $10 caipirinha (the sugar cane-based local […]<\/p>\n","protected":false},"author":2,"featured_media":2000051971,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[101],"byline":[170],"hashtag":[],"class_list":["post-14216","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tourism","tag-internationl","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":{"id":2000051971,"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14216.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":0,"height":0,"sizes":{"thumbnail":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14216.jpg","width":1,"height":1},"medium":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14216.jpg","width":1,"height":1},"medium_large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14216.jpg","width":1,"height":1},"large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14216.jpg","width":1,"height":1},"full":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14216.jpg","width":0,"height":0}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/14216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=14216"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/14216\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000051971"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=14216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=14216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=14216"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=14216"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=14216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}