Lula’s Falling Approval Is Making It Hard to Tame Inflation in Brazil
- Key states now disapprove of Lula, including where he was born
- Leftist pushing for stimulus that will exacerbate inflation
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Opinion polls that showed President Luiz Inacio Lula da Silva’s popularity slumping to all-time lows are complicating central bank efforts to engineer the economic slowdown needed to tame Brazil’s persistent inflation.
Disapproval of the leftist leader tops 60% in some of the country’s largest states, including Sao Paulo and Minas Gerais, according to a Quaest survey released Wednesday. For the first time, it exceeded his approval in key Northeastern states that have historically been the bastion of his Workers’ Party, including Bahia and Pernambuco, where he was born.