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MercoPress, en Español

Montevideo, May 8th 2026 - 23:57 UTC

Tag: Inflation

  • Thursday, April 30th 2026 - 13:09 UTC

    US intervention forces end to decade of statistical opacity at Venezuela's Central Bank

    The year-on-year inflation stood at 649.5% at the end of the first quarter

    The Central Bank of Venezuela (BCV) has begun systematically publishing economic indicators that had been held under wraps for at least a decade, in an institutional shift driven by the US military intervention that culminated on January 3 with the capture of former president Nicolás Maduro and by the subsequent reconfiguration of Venezuela's financial system under Washington's oversight. The updating of historical series on the central bank's website now makes it possible to learn for the first time in years that monthly inflation reached 32% in January, 14.6% in February and 13.1% in March, while the year-on-year figure stood at 649.5% at the end of the first quarter.

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  • Tuesday, April 21st 2026 - 13:41 UTC

    Milei trapped between inflation and growth: admits “not everyone is better off” but vows no course change

    For a president who has repeatedly stated that “inflation is always and everywhere a monetary phenomenon,” printing money for direct transfers to vulnerable groups is off the table

    Argentine President Javier Milei acknowledged for the first time that “not everyone is better off” under his government, but ruled out modifying his economic plan despite inflation that has accelerated for ten consecutive months, falling real wages and record household delinquency. “The chainsaw won't stop. We will tie ourselves to the ship's mast — we will not listen to the siren songs,” he said at the American Chamber of Commerce (AmCham) summit.

  • Wednesday, April 15th 2026 - 10:23 UTC

    Milei blames opposition and Iran war for 3.4% inflation and calls for patience

    Milei called on citizens to be “patient” and rejected proposals to ease monetary policy

    Argentine President Javier Milei devoted his speech on Tuesday at the American Chamber of Commerce (AmCham) summit to addressing the March inflation figure released hours earlier by statistics agency INDEC: a monthly 3.4%, the highest reading in a year and the tenth consecutive month of acceleration since the 1.5% recorded in May 2025.

  • Tuesday, April 14th 2026 - 01:39 UTC

    Argentina awaits year's highest inflation reading as Caputo bets on “best 18 months”

    The Central Bank's latest Market Expectations Survey (REM) yielded an average of 3%, though the top ten ranked analysts estimated 3.1%

    Argentine Economy Minister Luis Caputo said on Monday that March inflation will exceed 3%, which would make it the highest monthly reading of 2026, hours before the national statistics agency INDEC is scheduled to release the Consumer Price Index on Tuesday, April 14, at 4:00 p.m.

  • Friday, April 10th 2026 - 15:26 UTC

    Brazil's inflation rises to 4.14% in March driven by higher fuel and food costs

    The main driver of the acceleration was higher fuel costs, directly linked to international oil market volatility caused by the war between the United States, Israel and Iran

    Annual inflation in Brazil accelerated to 4.14% in March, pushed higher by rising fuel and food prices, the Brazilian Institute of Geography and Statistics (IBGE) reported on Friday. The figure reverses the slowdown recorded in February, when the index had eased to 3.81%.

  • Monday, April 6th 2026 - 22:58 UTC

    Over 60% of Argentines disapprove of Milei amid economic and social crisis

    The economy shows a 1.9% year-on-year increase in overall activity, but the growth is concentrated in sectors that generate little employment

    Argentine President Javier Milei's public image has reached its lowest point since he took office in December 2023. Multiple polls now agree that disapproval exceeds 60%, driven by stubbornly high inflation, rising unemployment, a wave of business closures and a string of corruption scandals hitting the president's inner circle.

  • Wednesday, March 18th 2026 - 22:44 UTC

    Brazil’s central bank starts easing cycle, cuts Selic rate to 14.75%

    The decision comes as Brazil combines softer inflation with signs of slower economic growth

    Brazil’s central bank on Wednesday cut the Selic benchmark rate from 15% to 14.75% a year, marking the first reduction since May 2024 and the formal start of an easing cycle that policymakers had already flagged. In its statement, the Monetary Policy Committee, or Copom, said the move was consistent with its strategy to bring inflation back to target and noted that the external environment had become “more uncertain” because of the intensification of geopolitical conflicts in the Middle East.

  • Monday, March 16th 2026 - 16:00 UTC

    Fed and ECB face a pivotal week as the oil shock revives inflation risk

    For the Fed, the dilemma is especially awkward because the latest official data, recorded before the full impact of the energy shock. In the euro zone, the starting point is somewhat calmer

    The U.S. Federal Reserve and the European Central Bank head into this week’s policy meetings in a far more uncertain environment than they faced just two weeks ago. The Fed meets on March 17-18, and the ECB on March 18-19, just after the Middle East war pushed oil prices above US$100 a barrel and forced markets to rethink the expected path of interest rates. Even so, neither institution is expected to change borrowing costs at these meetings.

  • Saturday, March 14th 2026 - 01:54 UTC

    Global volatility hits Argentine assets as country risk edges back toward 600 points

    In the local market, the S&P Merval fell 2% in peso terms and 2.8% in dollars

    Argentine assets ended the week under pressure, pulled lower by international volatility linked to the Middle East war, in a session marked by falling stocks and bonds, a higher country risk index and renewed oil-driven pressure on inflation and financial expectations. Brent crude settled at $103.14 a barrel, while Wall Street extended its weekly losses amid concern over global energy supply.

  • Thursday, March 12th 2026 - 10:40 UTC

    Argentina: Fuel price rises complicate March inflation and tighten the government’s peso strategy

    In the market, several consultancies are already assuming that the latest fuel adjustment, together with education, tariffs and food, will make that path harder.

    Rising fuel prices have added new pressure to Argentina’s March inflation outlook, in a month already burdened by the start of the school year, utility adjustments and seasonal pressure on food prices. In the local market, gasoline prices have risen by roughly 7% to 8% so far in March, increasing the risk that monthly inflation could move back toward the 3% range.

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