The National Consumer Price Index (INPC) of Venezuela increased by 37.2% in December in monthly terms and year-on-year inflation is now at 305.7%, according to the Venezuelan Finance Observatory (OVF), an independent organization of economic information.
This monthly increase is the highest in the…
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Browsing Tag
inflation
Minimum wage in France increased
The Government of France announced this week the increase in the minimum wage in the region, which will now be 1,353 euros per month.
This increase represents 1.8%, about 24 euros, more than the minimum income that an employee received in…
Latin America closes the year with high interest rates
At the end of 2022, interest rates in Latin America are at the highest levels in recent decades, although the downward trend in inflation in most of the region's countries in the second half of this year makes it possible to think about a…
Year-on-year inflation in the US remains low
The year-on-year inflation rate in the United States maintained its downward trend during the month of November, settling at 7.1 %.
The data published by the Bureau of Labor Statistics (BLS) place inflation for November six tenths below…
Inflation in the US will be lower in 2023
The secretary of the United States Department of the Treasury, Janet Yellen, is confident that the inflation rate will be "much lower" by the end of next year, while she has not ruled out the risk of a double-dip recession in the world's…
German inflation slows to 10 % in November
The consumer price index (CPI) in Germany stood at 10 % in November, which represents a slowdown of four tenths compared to the year-on-year increase registered in October and the same figure as in September, according to the data advance…
Latin America will face problems with inflation
Inflation in the countries of Latin America will record figures above the world average in 2023, with a difference of approximately eight percentage points, with 13 %, compared to the 5 % average in the rest of the world, according to the…
UK inflation rises to 11.1 %
The year-on-year inflation rate in the United Kingdom stood at 11.1 % last October, compared to 10.1 % registered in September, which represents the largest increase in prices since 1981, as reported by the British National Statistics…
Inflation in Colombia stands at 12.2 % in the interannual rate
The Consumer Price Index (CPI) of Colombia stood at 12.22 % year-on-year in October, which represents an increase of more than 0.7 points compared to the previous month, when it reached 11.4 % year-on-year, according to the National…
Inflation in Argentina accelerates favorable position towards the creation of the digital peso
Inflation in Argentina continues to rise. Analysts estimate that by the end of 2022 it could be above 90 %. The way out of this crisis could be in the creation of the digital peso and the elimination of the current currency.
This measure,…
The United States managed to get out of the recession
The Gross Domestic Product (GDP) of the United States experienced an increase of 0.6% in the third quarter of 2022, according to the first estimate of the data published this Thursday by the US government's Bureau of Economic Analysis…
Inflation in Europe reached 9.9 %
The year-on-year inflation rate in the euro area stood at 9.9 % last September, which marks a new historical record and represents an acceleration of eight tenths compared to that registered in August, although it is one tenth below the…