Tag: inflation rate

• Friday, August 9th 2019 - 10:41 UTC

  Brazil’s July 12-month inflation 3.22%, and below the 4.5% target

  

  Brazil's inflation rate in July was 0.19%, the lowest rate recorded for that month since 2014, the Brazilian Institute of Geography and Statistics (IBGE) said on Thursday.

• Saturday, February 2nd 2019 - 08:59 UTC

  Argentine central bank “ready” to counter surprises ahead of this year's presidential election

  

  Argentina’s central bank has sufficient dollar firepower to deal with a spike in demand for the greenback if uncertainty over the country’s upcoming presidential election prompts another run on the peso, bank sources said on Friday.

• Saturday, September 1st 2018 - 09:27 UTC

  S&P places Argentina credit ratings under review

  

  S&P said on Friday it may lower Argentina's long-term foreign currency rating from its current B+ grade, which is four notches below investment grade -- and on par with Turkey, Greece and Fiji. The ratings company cited the risk of worsening creditworthiness and exchange rate volatility as potential threats to the economic adjustment measures undertaken by Mauricio Macri’s administration.

• Friday, May 4th 2018 - 09:00 UTC

  Argentine Peso tumbles 7.83% to US dollar; central bank raises rate to 33.25%

  

  Argentina’s central bank raised its benchmark interest rate by 300 basis points to 33.25% percent on Thursday, but the second steep rate increase in less than a week failed to stop the country’s peso currency from swooning to a record low. The local currency tumbled 7.83% to 23 per U.S. dollar. It had hit 21.2 to the greenback on Wednesday, the first trading day due to a holiday after the bank hiked the rate to 30.25% from 27.25% on Friday.

• Wednesday, February 14th 2018 - 09:10 UTC

  UK January inflation remains at 3%; slower food and raw materials prices

  

  United Kingdom inflation remained at 3% in January, the same level as in December, as reported by the Office for National Statistics, ONS. In November it was the six year high of 3.1% and most economists were expecting a small fall in the CPI to 2.9%.

• Monday, February 12th 2018 - 12:29 UTC

  Warning of more volatility in Asian Markets

  

  After last week's global rout, Asian markets struggled to hold early gains with analysts warning of further volatility across trading markets.

• Saturday, August 27th 2011 - 07:19 UTC

  Unemployment in Brazil falls to its lowest level this year, 6%

  

  Brazil’s unemployment rate fell in July to its lowest level this year, 6% from 6.2% in June, reported the National statistics office. Average real wages rose 4% from a year ago to 1.613 Real (999.50 dollars) a month.

• Friday, June 24th 2011 - 22:58 UTC

  China says it can control inflation and maintain robust growth

  

  Chinese premier Wen Jiabao has said that China can control inflation and maintain its robust growth. Writing in the Financial Times, Mr Wen said “price rises will be firmly under control this year”.