In May, Brazil's fiscal deficit narrowed to 7.56 % of accumulated Gross Domestic Product over the last 12 months, according to the Central Bank's report released Monday.
"In May alone, the consolidated nominal public sector deficit of Latin America's largest economy, which includes primary income…
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May 2025
OVF: Annualized inflation in May reached 229 %
The monthly inflation rate in Venezuela stood at 26 % last May, according to the Venezuelan Finance Observatory report. In April, the Venezuelan Finance Observatory placed this indicator at 18.4 %.
According to the independent entity, the…
Peru’s cumulative inflation was 1.05 % from January to May
From January to May, Peru recorded cumulative inflation of 1.05 %, while for the month of May, the Consumer Price Index (CPI) nationwide decreased by 0.05 %.
This was reported this Sunday, June 1, by the National Institute of Statistics…
Peru’s spaceport will boost scientific and economic development
Latin America could become a regional benchmark in technology with the possible construction of a spaceport in Peru, with the final study expected to be completed by May 2025.
The South American nation is moving forward with this project,…
OPEC+ postpones deadline to increase crude oil supply until April 2025
OPEC+, the alliance led by Russia and Saudi Arabia, announced last week the decision to postpone the deadline to increase its crude oil supply until April 1, 2025.
As will be recalled, in 2023, the eight countries that make up OPEC+ agreed…