Lula Approval Drops With Rising Prices Outweighing Strong Economy

  • Poll finds Brazil leader’s approval at 47.1% in November
  • More Brazilians see economy, inflation worsening in 6 months
Luiz Inacio Lula da SilvaPhotographer: Zed Jameson/Bloomberg
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President Luiz Inacio Lula da Silva’s approval is declining even as Brazil’s economy remains strong, highlighting the risks rising prices and his own spending policies pose as he enters the second half of his term.

Lula’s approval dropped more than 3.5 points to 47.1% in November from a month prior, according to LatAm Pulse, a survey conducted by AtlasIntel for Bloomberg News and published Wednesday. Roughly the same share of Brazilians — 47.3% — said they disapproved of the president, meaning his net approval fell 5 points from October.