The Colombian Government has released its calculations regarding the expected increase in the country's Gross Domestic Product (GDP) for this year, setting the estimates between 1.8% and 2%, as reported by Europa Press on August 17, 2023.
These data arise amid a period of economic slowdown,…
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inflation
Inflation in Argentina reached 6.3 % in July
Inflation in Argentina registered an increase of 6.3 % in July, accumulating a total of 60.2 % since January, a figure that positions it among the highest in the world, according to the report of the official Institute of statistics Indec.…
Inflation in Chile falls to 6.5% year-on-year in July
The Consumer Price Index (CPI) of Chile fell to 6.5% year-on-year in the month of July, which represents a reduction of 1.1 points compared to the previous month, according to the National Statistics Institute (INE). From Chile.
This drop…
Economic growth picks up in the eurozone
The eurozone experienced a slight rebound in its economic growth during the second quarter, after having stagnated in the first three months of the year, although difficulties persist in Germany, according to what was revealed in a first…
Exchange rate could exceed 60 bolivars per dollar at the end of 2023
Asdrúbal Oliveros, a founding member of Ecoanalítica, pointed out this Sunday that the exchange rate at the end of 2023 could be higher than 60 bolivars per dollar.
Venezuela is at the top of the list of Latin American countries with the…
CBV reported inflation of 6.2 % in June
In Venezuela, the increase in the prices of goods and services accelerated inflation, which according to the Central Bank was 6.2 % in June.
The regulatory body announced the figure on Friday night, noting that accumulated inflation stood…
Blockchain technology solves real-world problems in Africa
Blockchain technology is solving real-world challenges in Africa, such as hyperinflation and corruption, in contrast to many Western investors who see crypto as an opportunity to speculate on the next big trend.
Chris Maurice, founder and…
Interannual inflation in Argentina was 114.2 %
The Consumer Price Index (CPI) of Argentina returned repeatedly in May above three digits, reaching 114.2 % year-on-year, which represents an increase of 5.4 points compared to the data for April.
For its part, according to the National…
Dollar flow in the P2P market in Venezuela has grown by 48 %
The economic situation in Venezuela continues to get complicated, despite optimistic statements about a speedy economic recovery, both official and unofficial data reflect a contrary reality for Venezuelans.
According to the latest figures…
Inflation in Germany shows decline to 6.1 % in May
The inflation rate fell significantly in Germany in May to 6.1 %, the lowest level in more than a year, the Federal Statistical Office (Destatis) reported today based on preliminary data.
The increase in consumer prices thus lost pace for…
Inflation in Chile is almost in double digits
The Consumer Price Index (CPI) of Chile stood at 9.9 % year-on-year in the month of April, managing to once again cross the double-digit barrier on which it had settled in the last twelve months.
Specifically, according to data released…
Central Bank of Brazil will maintain rates until inflation is controlled
The Monetary Policy Committee of the Central Bank of Brazil has defended its intention to maintain interest rates at the current level of 13.75 % for as long as necessary to control prices, for which reason it has asked for "serenity and…