Browsing Tag

inflation

Argentina regulates prices of 580 market products

The Government of Argentina announced that the country's supermarkets must lower the prices of 580 products to the value they had on March 10 due to "unjustifiable increases." The decision was adopted by the Ministry of Internal Trade, after a meeting with representatives of the Association of…
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Bank of England raises rates a quarter point

The Monetary Policy Committee of the Bank of England decided to increase, for the third consecutive time, the reference interest rate for operations by 25 basis points, going to 0.75 %. The decision was approved with votes in favor against…

Inflation in Brazil registers advance of 0.54 %

The National Consumer Price Index of Brazil registered an advance of 0.54 % in January, the greatest variation for this month since 2016 and more than double the data registered at the same month of 2021, as published by the Brazilian…
Business

Apple raises $34 million in first fiscal quarter

The American company Apple earned 34,630 million dollars in its first fiscal quarter of 2022, which represents 20 % more than in the same period of the previous year, generating a profit of the order of 2.10 dollars per share, above the $…

Venezuela ended the year with one-digit inflation

The Central Bank of Venezuela (BCV), in its inflationary figures published last weekend, indicated that this indicator of the country closed for the month of December at 7.6%. This keeps the Venezuelan inflationary index back in single…
Business

Venezuela’s economic challenges for 2022

The Venezuelan economy in 2021 was characterized by a series of restrictions imposed by the government due to the pandemic. However, for 2022 great challenges are assigned to achieve economic growth in the country. The main economic…
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The global inflation outlook for 2022

The world is facing an increase in inflation as a result of the different monetary expansion programs promoted in 2021 to challenge the global recession caused by the Covid-19 pandemic, which is reflected, according to information from…
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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…
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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…
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Petrobras announces fuel price reduction in Brazil

Jair Bolsonaro, president of Brazil, reported that Petrobras, the state-owned oil company, will initiate a plan of small weekly reductions in the price of fuels. However, the president did not specify quantities, percentages, or terms.…