Bauducco's panettone in Brazil costs 58% more than in Canada

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Brazilian Panettone sold in Canada: most expensive price in Brazil

 On average, two months before of the Christmas, start in Brazil the panettone's sales. Here the prices range from BRL 17 to BRL 38 as is the case of Bauducco's brand.

 In Canada, the Brazilian reader Sobeck Rebello read in a newspaper a news about the high product prices in Brazil  and sent an e-mail:
- I was in São Paulo and found Bauducco's Panettone with 750 grams being sold for BRL 38.00. Here in Toronto, the same product is sold for 7.99 Canadian dollars! Awesome.
He returned to the market, took a picture and sent us the picture, which doesn't let lie. Each Canadian dollar, according to the Central Bank of Brazil, now costs in the range of BRL 2.91.

That is, 7.99 Canadian dollars equivalent to BRL 24.00. The Bauducco's panettone found by Sobeck here in Brazil is 58% more expensive than in Canada. The Brazilian tax burden explains the difference.

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