The Central Reserve Bank (BCTR) of El Salvador revealed data on the country's interannual inflation rate, which remains above 3 % for the fourth consecutive month.
According to the regulatory body of the Central American country, in September the index fell slightly, standing at 3.02 %. However,…
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inflation
Parallel dollar in Argentina exceeded 1,000 pesos per unit
In an unprecedented milestone, the parallel dollar, known as the "blue", reached a new record in Argentina on October 10, surpassing the mark of 1,000 pesos per unit. This escalation represents a gap of 190% compared to the official…
Venezuela’s accumulated inflation reached 158.3 % in September
Inflation in Venezuela during the month of September was 8.7 %. This was announced this Friday by the country's Central Bank, adding that the accumulated inflation was 158.3 % and the interannual inflation was 317.6 %.
According to the…
World Merchandise Trade has grown less than expected
The World Trade Organization (WTO) announced that global merchandise trade growth in volume this year will be just 0.8 %, which represents less than half of the initial April projection of 1.7 %. This drastic slowdown is attributed to…
Inflation in Chile fell two tenths in September
The Consumer Price Index (CPI) of Chile fell to 5.1 % year-on-year in the month of September, which represents a reduction of just two tenths compared to the previous month, according to the National Institute of Statistics (INE).
This…
Dollar in Argentina continues to rise
On October 4, the various dollar quotes that coexist in Argentina reached historical records. In particular, the parallel or "blue" dollar, which savers turn to due to restrictions on acquiring foreign currency in the official market,…
Argentina will pay an “income boost” to informal workers
The Minister of Economy of Argentina and candidate for president, Sergio Massa, reported that the State will take measures to support informal workers who have suffered the ravages of growing inflation in the country.
The program will…
Digital payments in South America have grown considerably since 2018
In a statement issued after the XLI Meeting of Presidents of Central Banks of South America, held in Quito, the Central Bank of Ecuador reported that digital payments in the South American region experienced an impressive growth of 84 % in…
Government evaluates alternatives to improve the salary of Venezuelan workers
In an interview with Unión Radio, the vice president of the Bolivarian Socialist Workers' Central (CBST), Orlando Pérez, pointed out that the entity is in talks with the government to analyze strategies to improve workers' salaries.
Given…
Inflation in Paraguay falls to 2.9 % year-on-year in August
The Paraguayan Consumer Price Index (CPI) fell six tenths in August compared to the previous month and now stands at 2.9 % year-on-year, very close to the target range, according to what the Central Bank of Paraguay disclosed on Monday.…
Minimum wage in Brazil will have a permanent increase
Brazil will guarantee the permanent increase in the minimum wage starting in 2024 according to the new law sanctioned this Monday by President Luiz Inácio Lula da Silva.
The law, which was previously approved by Congress, also establishes…
Colombia forecasts economic growth and inflationary challenges
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.…