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January 2023

Venezuela's oil exports experienced an 8 % drop at the end of January, as reported by Reuters, as a result of contract reviews requested by the new PDVSA president, Pedro Tellechea. The new manager ordered in January to suspend "most export contracts for crude oil and refined products to submit…
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Inflation in Ecuador falls six tenths in January

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…