Venezuela registered an accumulated inflation of 4.1 % in the first quarter of the year, after adding 1.2 % in March, the same as in February and 1.7 % in January, reported the Central Bank (BCV).
The 1.2 % rate is the lowest the nation has recorded since August 2012, when goods and services became…
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inflation
Salary increase in May could be through bonuses
Venezuela's labor sector remains waiting for the salary increase on May 1. In this regard, economist Asdrúbal Oliveros, director of Ecoanalítica, declared this Wednesday that this could happen through bonuses.
He indicated that in the…
Argentina: Government adjusts pensions to the inflation index since April
Starting in April, pensions in Argentina will be adjusted to the inflation index according to a Decree of Necessity and Urgency signed this Saturday by President Javier Milei.
It is expected that in April, pensioners will begin to receive…
The Fed could make three interest rate cuts in 2024
The Fed's cut projections for 2024 and 2025 could be affected by the current variations in inflation in the United States.
According to a group of economists surveyed by Bloomberg, “the recent spike in inflation is unlikely to change…
ECB foresees increase in inflation in the Eurozone
During the first month of the year, inflation in the Eurozone has increased by 0.1 %, so the European Central Bank expects the trend to continue in the coming months.
The ECB published this Friday in a press release: “Inflation…
The Fed will not cut interest rates for the time being
The Federal Reserve (Fed) has made it clear that it will not cut interest rates until it is certain that inflation is falling sustainably towards the 2% target, according to the minutes of its last meeting held at the end of January and…
January year-on-year inflation in Argentina was 254%
According to the National Institute of Statistics and Censuses (Indec), the consumer price index (CPI) in Argentina registered an increase of 20.6% in January compared to December. Although this figure shows a slowdown compared to the 25.5%…
Inflation in Venezuela was 1.7 % in January according to BCV
Venezuelan inflation was 1.7 % in January, a decrease of 0.7 points compared to December 2023, reported the Central Bank of Venezuela (BCV).
With this figure, the country accumulates four consecutive months of slowdown in the increase in…
Inflation in Argentina reached “worrying levels”
The Organization for Economic Cooperation and Development (OECD) issued an alarming report on the Argentine economy. According to their estimates, inflation in the country will soar even further this year, reaching a staggering 250.6%,…
Mexico’s inflation remains on an upward trend
Mexico maintains inflation with an upward trend, located at 4.9 %, according to the National Consumer Price Index.
The organization's report indicates that the increase in the inflation rate has been maintained for three fortnights, with…
Argentina is the country with the highest inflation in the world
Argentina leads the world inflation ranking, with more than 200 %, behind Lebanon and Venezuela, which occupy second and third place, respectively.
This was revealed by Bloomberg Línea, which indicated that inflation in Lebanon fell from…
China and Russia lead the “global gold rush” in 2024
In the first nine months of 2023, central banks around the world have intensified their interest in acquiring reserves of this coveted metal, with China and Russia leading the bullish trend. According to the World Gold Council, purchases of…