The working groups on the increase in the minimum wage in Venezuela continue to work. A new proposal envisages an increase in stages, which includes first taking the current salary from 130 bolivars to 600, in November of this year taking it to 1,200 and in 2025 increasing it to 1,854 bolivars.…
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purchasing power
Argentina will increase electricity tariffs
The Government of Argentina announced an increase in electricity tariffs that will take effect in April. The main objective is to “normalize the electricity sector” and promote the efficient use of energy in the South American country.…
Mexico’s inflation remains on an upward trend
Mexico maintains inflation with an upward trend, located at 4.9 %, according to the National Consumer Price Index.
The organization's report indicates that the increase in the inflation rate has been maintained for three fortnights, with…
Inflation in Venezuela climbs to 6.7 % monthly but year-on-year falls to 362 %
The National Consumer Price Index (INPC) of Venezuela registered a slight increase in October of seven tenths, reaching 6.7 % monthly, while the year-on-year figure fell to 362 %, compared to the year-on-year inflation of 396 % registered…
Inflation continues to rise in Venezuela
As a result of the constant increase in the prices of goods and services, Venezuela could reach an inflation rate of 300 %.
Economists point out that the injection of millions of dollars into the banking sector by the Central Bank of…
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.…
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,…
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…
Inflation in Venezuela advances 19.6 % in May
Inflation in Venezuela stood at 19.6 % in May, accumulating a level of 2,950 % in the accumulated period of twelve months and 307.3 % so far this year, as reported this Wednesday by the Venezuelan Observatory of Finance.
The coordinator of…
New historic milestone: gold surpassed $ 2,000 per ounce
A few weeks ago in an interview offered by Rodrigo Aguiar, associate trader of Intelinvest Casa de Valores, to the DOBLELLAVE digital media, he indicated that the answer or possible solution to preserve the purchasing power of hard…
T-MEC agreement forecasts economic stability for Mexico
The new North American free trade agreement T-MEC will be ratified by the congress of the United States and Canada that provides a great advantage for the economy of Mexico, as confirmed by the Senate of this country.
After long…