Brazilian Coffee was forced to lower its economic growth forecast for this year due to the general strike.

Professional coffee knowledge exchange more coffee bean information please follow the coffee workshop (Wechat official account cafe_style)

The Brazilian Logistics Association predicted on the 30th that the recent strikes in different industries in Brazil will cause an overall economic loss of more than 25 billion reais (about 6.7 billion U.S. dollars), and experts predict that it may take six months to a year for all industries to fully recover.

Brazil's national truck drivers strike to 30 has been 10 days, in the government and truck unions reached an agreement, a large number of trucks left the road, order is gradually returning to normal. As of the 30th, in the country's 27 states and federal districts, 18 states still have demonstrations and protests, but the traffic has been basically smooth.

"this strike has caused losses to many industries and the country is on its way out of the crisis," Pedro Francisco Moreira, head of the Brazilian Logistics Association, said in a statement on the same day. "but this action will undoubtedly slow down the pace of economic recovery."

It is reported that Brazil's coffee, meat exports, textile industry, clothing industry, pharmaceutical and other industries have suffered varying degrees of losses. Agriculture was most affected by the strike, and the Logistics Association estimated that it would take a year for agriculture to fully recover.

According to local media reports, the Brazilian oil workers' strike began on the 30th and will last for 72 hours. Affected by the strike, Petrobras shares have fallen by nearly 30% since the 16th. Nelson Silva, executive director of the National Oil Company, said on the same day that the oil workers' strike currently has a limited impact on the company's oil and gas production.