Chile’s consumer prices rose 0.3% in April from March, reported the National Statistics Institute. Annual inflation reached 3.2%, down from 3.4% a month earlier, and 1.6% in the first four months of 2011.
Industrial production in Chile increased at the fastest ever pace in the 12-month period ended March, data released by the National Institute of Statistics revealed. Industrial output climbed a record 30.9% in the year ended March, marking the biggest growth in the history of the indicator. In February, output rose 1.9%.
Rising international food prices could trigger an acceleration of inflation in several countries in Latin America and the Caribbean this year, highlighting the need for policies to protect the urban poor, according to a new study by the Inter-American Development Bank, (IDB).
The Inter-American Development Bank (IDB) announced the approval of a Flexible Financing Facility (FFF) that will enable Latin American and Caribbean countries to tailor loan terms and conditions to suit their individual needs, as well as to use hedges to manage interest rate and currency risks associated with their IDB debt.
Top US and Chinese officials will be meeting for two days in Washington, starting this Monday. The heads of 16 US government agencies and representatives from 20 Chinese government departments will discuss the most difficult issues in a complex, interdependent relationship.
With less than six months to the October election President Cristina Fernandez de Kirchner leads comfortably, with no serious opposition on site, and with a public opinion support of 56%, similar to when she first took office in December 2007.
Argentine overseas sales of soybeans and by products reached 17.3 billion US dollars in 2010, equivalent to 25.4% of total exports, according to the latest report from the country’s statistics office INDEC. In 2009 the soy complex exports represented 23.3%.
Top finance officials of the Euro zone's biggest economies met to discuss Greece's debt crisis and Athens denied a media report that it was considering whether to leave the block.
Brazil’s benchmark consumer price index in April exceeded the upper limit of the government’s target range for the first time since 2005 but officials are confident April was a peak and during May the tendency is for inflation to decelerate.
European farm leaders have left Members of the European Parliament in no doubt about the ‘catastrophic impact’ on EU agriculture of a trade agreement with Mercosur, reports the Friday edition of the UK’s Farmers Guardian.