The Venezuelan Finance Observatory (OVF) issued the report on the inflation rate for the month of February of this year, indicating that the monthly index was 12.8 %, while the annualized inflation reached 117 % and the accumulated inflation closed at 20.3 %.
In a note published on its website on…
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inflation
Venezuela’s inflation in January was 7.9 %
Data from the Venezuelan Finance Observatory on inflation for the month of January indicate that it closed at 7.9 %. The entity highlights that it was 6.9 points below last December, when it closed at 14.8 %.
The OVF indicated in a press…
Chile lowers economic growth projection for 2025
Chile lowered its economic growth projection for this year to 2.5 % and expects an increase in inflation, according to data from the Public Finance Report for the fourth quarter of 2024.
According to the Budget Directorate, “the current…
OECD raises global growth forecast for 2025
The Organization for Economic Co-operation and Development (OECD)'s global growth forecasts for 2025 are slightly encouraging, with the organization raising the figure to 3.2 %.
The OECD has considered aspects such as the impact of…
Venezuela’s economy will be marked by inflation and the exchange rate in 2025
In a forum held by the Venezuelan Finance Observatory, with the participation of specialists and academics, the economic scenario for the country in 2025 was analyzed, with projections of a scenario marked by inflation and the exchange…
Consecomercio predicts closing the year with 40 % inflation
The president of the National Council of Commerce and Services (Consecomercio), Gustavo Valeillos, indicated that the organization predicts 40 % inflation in Venezuela by the end of this year.
Valecillos stressed “the commitment of the…
Consecomercio expects to close the year with growth between 2.5 % and 3 %
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…
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…