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 latest report from expectations prepared by FocusEconomics.…
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inflation
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…
The bolivar has suffered a devaluation of 44 %
Taking as a reference the value of the dollar for mid-September, located at 8.02 bolívares, a devaluation of the Venezuelan currency is estimated at 40 %.
The US currency, on the other hand, has shot up in the market, leading to a 3 %…
IMF: Venezuelan economy will be saved from the slowdown
According to the most recent Economic Outlook report of the International Monetary Fund (IMF), Venezuela will show the second-highest economic growth in Latin America in 2022 and the best performance in the region in 2023.
For the…
Germany is going through one of its worst crisis
The huge loss of purchasing power and high price inflation in Germany for energy are leading the economy into recession and the worst crisis of the last 50 years,
While Marc Schattenberg, of Deutsche Bank Research, predicted a drop in…
The Bundesbank forecasts a recession and double-digit inflation in Germany
The German economy is headed for a prolonged economic recession until next year and inflation will remain at double-digit levels, the Bundesbank forecast in its monthly report released today.
"There are growing signs of a recession in the…
Germany has the most expensive fuel among its European neighbors
With the end of the so-called gasoline discount at the end of August, fuel prices in Germany were again the most expensive among its neighboring countries in the European Union, the Federal Statistical Office (Destatis) reported today.…
US inflation slowed in August
Inflation in the United States stood at 8.3 % last August, which represents a decrease of two tenths compared to July, thus chaining two months of moderation, according to the data released this Tuesday by the Bureau of Labor Statistics of…