Browsing Tag

Latin America

Inflation in Brazil fell one tenth in February

The Consumer Price Index (CPI) in Brazil stood at 5.6 % year-on-year in February, a drop of more than one tenth compared to the data for January, according to the Brazilian Institute of Geography and Statistics (IBGE). Thus, Brazilian inflation continues its downward trend, albeit in a very…
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Latin American air traffic growth slowed

Air passenger traffic in Latin America reached 31.3 million people transported in January, which is equivalent to 96.4 % of the figure registered in the same month of 2019, prior to the pandemic. Thus, according to the monthly report…
Business

Oil exports fell 8 % in January

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…
Business

Tesla will install a factory in Monterrey

The President of Mexico, Andrés Manuel López Obrador, has confirmed that Tesla will build a factory in the Mexican city of Monterrey, in the north of the country, becoming the first that the company will have in Latin America. In his…

Bimbo’s profit in 2022 reached more than $2,000 million

Grupo Bimbo registered a net profit of approximately 2,500 million dollars in 2022, almost tripling the result obtained in the previous year, when it reached a figure of more than 800 million dollars, that is, 195 % more. According to the…