Tag: Inflation

Tuesday, December 6th 2022 - 09:48 UTC
Brazil's Central Bank adjusts 2022 inflation projections by 0.01%

Brazil's yearly inflation has been projected to reach 5.92% by the end of 2022, a 0.01% increase from last week's estimates, according to the Central Bank's (BCB) bulletin released Monday, while the Gross Domestic Product is expected to close at 3.05%.
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Monday, November 28th 2022 - 21:49 UTC
Caps on fuel prices announced to curb Argentina's inflation

Argentina's Superminister of Economy, Industry and Agriculture Sergio Massa reached an agreement with oil companies whereby fuel joins the list of care-for prices. Hence, the price at pumps may not go up above a 4% monthly ceiling until March, it was announced in Buenos Aires.
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Friday, November 18th 2022 - 09:17 UTC
Inflation projections in Brazil lowered yet again

Brazil's Economy Ministry Thursday released its Macrofiscal Bulletin, which showed that inflation for the year 2022 is projected to amount to 5.85%, an improvement from the previous 6.3% forecast.
Thursday, November 17th 2022 - 10:00 UTC
UK's double shock, highest inflation in 41 years and a draconian Autumn budget

Chancellor of the Exchequer Jeremy Hunt will unveil this Thursday before Parliament his long-awaited Autumn budget statement, having anticipated to the UK population that “we will be asking everyone for sacrifices.”
Wednesday, November 16th 2022 - 10:18 UTC
Indec says Argentina's inflation for October reached 6.3%

Argentina's inflation reached 6.3% in October for an 88% interannual result, according to the latest report from the National Institute of Statistics and Census (Indec). According to current projections, it may reach 100% by the end of the year.
Monday, November 14th 2022 - 19:56 UTC
Argentine Labor Minister said inflation is not a priority but Qatar World Cup

Only six days before the beginning of the World Cup, which has Argentina as the great favorite, the Minister of Labor, Employment and Social Security of that country, Kelly Olmos, did not hide her enthusiasm for the World Cup in Qatar and said: “Then we continue working on inflation, but first let Argentina win”.
Thursday, November 10th 2022 - 10:07 UTC
Chile's interannual inflation on downward path

Chile's inflation in October reached 0.5 % over the previous month, the National Statistics Institute (INE) reported this week. The new figure means an accumulated 11.4 % in the first ten months of 2022 and 12.8 % interannually.
Tuesday, November 1st 2022 - 10:06 UTC
Argentine wages trail inflation

Salaries in Argentine rose 6.5% on average in August 2022, the National Institute of Statistics and Census (Indec) reported Monday. According to these figures, incomes were below the 7% inflation rate for the same month.
Tuesday, November 1st 2022 - 10:00 UTC
Central banks and stubborn inflation, to Hike, Early to Thrive?

By Andrés Velasco – Several central banks that began raising interests well before US and Euro-zone policymakers are still facing persistent inflation. But it was the right choice, because inflation was always likely to prove stubborn in today’s conditions, and waiting would have required even larger hikes later, with a heavier output cost.
Monday, October 24th 2022 - 10:40 UTC
Argentina: Milei likely to make it to the runoff next year, poll shows

Argentine media reported over the weekend that ultraliberal Congressman Javier Milei might make it to the runoff in next year's presidential elections, which would bring an end to the polarization between the leftwing Peronists of the Everybody's Front (Frente de Todos - FdT) and the center-leftists of Together for Change (Juntos por el Cambio - JxC).