Contrary to claims by Minister Chaves, the annual variation in rice prices continued to rise through early 2023, albeit at a slowing pace. Recent policy measures failed to lower consumer costs, as intended, while negatively impacting domestic producers. Consequently, the market benefits primarily importers rather than local farmers. This case highlights critical open data implications, demonstrating how policymakers can misinterpret or manipulate statistical indices. It underscores the necessity for transparent, accurate data analysis to ensure evidence-based decisions that genuinely serve the public interest and market equilibrium.

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Published on 2023-04-04