The president of the National Council of Commerce and Services (Consecomercio), Gustavo Valecillos, Venezuela will close this year with a growth of the sector between 2.5 % and 3 %.
Valecillos trusts in the ongoing efforts to reduce the exchange rate gap between the BCV dollar and the parallel…
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inflation
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.…
Inflation in Argentina could stabilize in 2025
Argentina is in a period of great volatility in terms of inflation. However, the J.P. Morgan bank predicts a trend towards stability between the end of 2024 and the beginning of 2025.
The challenges that Javier Milei faces are not simple.…
WTO: world trade to grow 2.7 % in 2024 and 3 % in 2025
The World Trade Organization established the projections for world trade growth for 2024 and 2025, placing them at 2.7 % and 3 %, respectively.
According to the international institution, it has established the estimates taking into…
External factors could influence the rise in the price of bitcoin
A recent report by 10xResearch analyzes the factors that may influence a sustained increase in the price of bitcoin, the main cryptocurrency in the market.
According to Markus Thielen, founder of said platform, there is a key focus on the…
Peru is the Latin American country with a record of single-digit inflation for 27 years and 7 months
Peru has maintained a single-digit inflation rate for 27 years and 7 months, which is considered a historical milestone in Latin America, after the country recorded an interannual rate of 2 % in August.
The figure is within the target…
Inflation in Venezuela for the month of August was 1.4 %
The Central Bank of Venezuela reported this Monday, September 9, the inflation rate for the month of August, which closed at 1.4 %, while the accumulated rate reached 11.2 %.
According to the regulatory entity, the largest increase in…
Inflation in Mexico reaches 5.16 % in the first half of August
According to data from the National Institute of Statistics and Geography (Inegi), inflation in Mexico stood at 5.16 % until the first half of August, with an increase in prices in items such as fruits, vegetables and livestock products.…
Central Bank of Venezuela will incorporate 200 and 500 bolivar bills into the monetary cone
The Central Bank of Venezuela announced the entry into circulation of two new banknotes, of 200 and 500 bolivars respectively, to join those that already make up the current monetary cone in the country.
In a press release, the BCV…
Bolivia among Latin American countries with the lowest fuel prices
Bolivia is among the Latin American countries with the lowest price of gasoline, which is currently at $0.54 as indicated last Thursday by the Ministry of Hydrocarbons and Energy.
The ministry also noted that the price of diesel is $0.53.…
OVF: Inflation in Venezuela in July was 4 %
The Venezuelan Finance Observatory (OVF) indicated that during the month of July, inflation in Venezuela was 4 %.
The independent entity of the Central Bank of Venezuela also indicated that the interannual and accumulated inflation rates…
The Fed keeps interest rates between 5.25 % and 5.5 %
This Wednesday, the Fed announced through an official statement that the United States will maintain interest rates between 5.25 % and 5.5 %.
The body indicated that “in considering any adjustment to the price of money, the Committee will…