The National Consumer Price Index (INPC) of Venezuela registered a slight increase in October of seven tenths, reaching 6.7 % monthly, while the year-on-year figure fell to 362 %, compared to the year-on-year inflation of 396 % registered in September.
In this way, the Venezuelan price index…
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Goods and services
Venezuela’s accumulated inflation reached 158.3 % in September
Inflation in Venezuela during the month of September was 8.7 %. This was announced this Friday by the country's Central Bank, adding that the accumulated inflation was 158.3 % and the interannual inflation was 317.6 %.
According to the…
Fedecomercio foresees a 20 % recovery in sales in the 2nd semester of 2023
The president of the National Federation of Commerce, José Alejandro Lossada, estimates a 20 % recovery in sales in the sector during the second half of 2023.
Lossada explained that in the first quarter there was a 15 % drop in sales,…
Axen Capital launched AxenCoin, the Mexican cryptocurrency
Axen Capital, a Mexican technology company, launched the new cryptocurrency of that country, AxenCoin, with the promise of being a financial instrument with yields that can be monitored in real time through the axencoin.finance platform,…
Venezuelan inflation stood at 6 % in November
The Venezuelan Finance Observatory announced that Venezuelan inflation in November stood at 6.0 %, registering a small decrease when compared to October, which was 8.1 %.
The accumulated and annualized inflation of the inflation rate was…
Eurozone maintains inflation of -0.3% in October
The year-on-year inflation rate in the euro zone stood at -0.3% in October, the same figure as that registered in September, as a result of the rebound in fresh food and industrial goods, which offset the slight decrease in energy,…
Payment with cryptocurrencies increases in the world
Many enthusiasts of digital currencies assure that the use of bitcoin as a means of payment is a great opportunity to promote in the global economy.
Due to the alternative seen in the midst of the current global situation, the daily media…
Dash transactions increase in Latin America
Latin America has registered more than 20,000 total Dash transactions. The figure represents an increase of 86 percent since January 2018, suggesting that cryptocurrency is becoming more popular and that digital assets have a stronger…
Peru, Ecuador and Colombia sign trade agreement with the UK
On Wednesday, the United Kingdom signed a business continuity agreement in Lima with Colombia, Ecuador and Peru. Once it enters into force, "the agreement will help protect a commercial flow of £ 2,100 million, equivalent to USD 2,700…
UAE and Saudi Arabia will launch cryptocurrency for inter-bank transactions
In order to achieve a tool for cross-border transactions, the United Arab Emirates (UAE) and Saudi Arabia are currently working in a cryptographic currency.
According to Dubai-based GulfNews, negotiations are taking place between the…
Argentina has the highest public spending in Latin America
According to a report by the Inter-American Development Bank (IDB), public spending in Argentina is equivalent to 7.2% of GDP. The figure is alarming because it places the nation above the inefficiency average of the region, estimated at…