The president of Deutsche Bank and the Association of German Banks (BdB), Christian Sewing, stated that he expects a prompt reaction from the European Central Bank (ECB) in the face of the new increase in inflation.
“In the midst of all the uncertainties, there is much to be said in favor of…
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inflation
UK announces measures to ease inflation
The UK Finance Minister, Rishi Sunak, announced before Parliament some fiscal measures, including a reduction in social contributions and fuel taxes, to alleviate the effect of rising prices on British consumers.
Sunak indicated that the…
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,…
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…
The US created 467 thousand new job vacancies in January
The US Department of Labor published a report reporting that the country opened some 467,000 new job vacancies during the month of January, greatly increasing the projections made by economists, who estimated some 150,000 jobs.
In a survey…
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…
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…
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…
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…
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…