So sad this happened, the game market for Sony and MS is well disputed here, but even with both PS4 and Xone selling at a lower price than the launch one, the taxes make these consoles too expensive, especially for nintendo.
Read more here:
http://www.polygon.com/2015/1/10/7524759/nintendo-brazil-wii-u-3ds-tariffs-taxes

Ah yes I saw that last night, that's a shame for Brazil.