Petrobras will reduce the price of gasoline today, a series of good economic indicators may improve Bolsonaro’s popularity, and demonstrations in support of Bolsonaro have been scheduled for next week

BRAZIL POLITICS - Report 02 Sep 2022 by Murillo de Aragão and Cristiano Noronha

Petrobras will reduce the price of a liter of gasoline at its refineries by 7%. As a result, the average price of gasoline for distributors will decline from R$ 3.53 to R$ 3.28 per liter. President Jair Bolsonaro said that if he needs to appoint an eighth president of Petrobras, he will. He said it is necessary to put someone in the presidency of the state-owned company who understands the social role of the government. The reduction in fuel prices, the decrease in the rate of unemployment in the country and the announcement of 1.2% GDP growth in Q2 2022 have encouraged the coordination of Bolsonaro's campaign. Next week, a series of demonstrations across the country has been scheduled in support of the government of President Jair Bolsonaro.

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