The Consumer Price Index (CPI) of Ecuador fell to 3.12 % year-on-year in January, which represents a drop of six tenths compared to the December figure, when it stood at 3.74 %.
Such a low figure has not been given since last April, when inflation in Ecuador was below 3 % (2.9 %). Unlike other…
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Browsing Tag
inflation
Argentina faces inflation with a new 2,000-peso bill
Argentina will put into circulation in the middle of this year the new 2,000-peso bill, which will become the highest denomination. The purpose is to face the high inflation that overwhelms the nation.
In December 2022, Argentina closed…
Germany could enter a technical recession
Inflation and the energy crisis slowed down the German economy in the fourth quarter of 2022, which could lead to a recession in the first months of the new year, according to data from the Federal Statistical Office released on Monday.…
US economy closed 2022 with growth
The United States economy closed the year 2022 with a growth of 2.1 %, sustained mainly by the consumption of the population, despite the lower purchasing power in a context of inflation. However, now the question is whether or not the…
Latin American economy will grow 1.3 % in 2023
The World Bank forecasts a "sharp slowdown" in economic growth in Latin America in 2023, with an increase in Gross Domestic Product (GDP) of 1.3 % for this year.
According to the forecasts of the international organization released this…
ECB forecasts “very strong” growth in wages in coming quarters
Wage growth in the coming quarters will be "very strong" compared to historical patterns in the eurozone, according to economists from the European Central Bank (ECB) in an article in the latest bulletin of the institution. In the document,…
Inflation in Venezuela stands at 305.7%
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…
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…