The Brazilian government, following orders issued by President Luiz Inácio Lula da Silva earlier this month, implemented a zero import tax reduction on eleven basic products.
The measure applies to meat, sardines, roasted coffee, coffee beans, olive oil, sugar, palm oil, sunflower oil, corn, pasta,…
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food prices
European Central Bank cuts interest rates to 3.25 %
The European Central Bank (ECB) decided to cut interest rates this month by 25 basis points, to set the reference rate at 3.25 %.
This is the third adjustment by the European body, announced by the ECB Governing Council at a meeting in…
Eurozone inflation reached 1.7 % in September
Eurozone inflation for the month of September, which stood at 1.7 %, was the lowest since April 2021, according to Eurostat.
The inflation rate slowed by half a percentage point compared to the 2.2 % rise in prices for the month of August.…
Interannual inflation in the US stood at 2.9 % in July
Interannual inflation in the United States fell one tenth in the month of July, standing at 2.9 %; the lowest figure since 2021.
The record implies a slowdown compared to the previous data according to records from the Bureau of Labor…
Sánchez promises to contain the rise in food prices in 2023
The President of the Government, Pedro Sánchez, announced this Sunday that the third package that the Executive is preparing for 2023 in order to counteract the socioeconomic consequences of the war in Ukraine will incorporate mechanisms to…
US inflation rises to 6.8 % in November
The year-on-year increase in the consumer price index (CPI) in the United States stood at 6.8 % in November, which represents an inflation marked by the acceleration of six tenths compared to October and the highest rate registered in the…