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 the period with 92 % inflation, one of the highest for the…
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purchasing power
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…