Tag: Inflation

Wednesday, August 17th 2022 - 09:01 UTC
US: Biden signs Inflation Reduction Act into law

US President Joseph Biden Tuesday signed into law his Inflation Reduction Act concerning growing prices inflation, climate change, and other targets, which. He said it was one of the ”most significant laws in our history.
Saturday, August 13th 2022 - 03:32 UTC
Former Economy Minister wants Argentines to retire older

Former Argentine Economy Minister Nicolás Dujovne said people should retire at age 68, regardless of their sex, in a country where under current legislation men do so at 65 and women at 60.
Friday, August 12th 2022 - 10:30 UTC
Hectic July shoots up Argentina's inflation

After having almost three economy ministers in one month, it was no surprise to see Thursday that July's inflation was the highest since 2002, as the National Institute of Statistics and Census (Indec) released its latest report.
Friday, August 12th 2022 - 09:32 UTC
BCRA raises interest rates to bring down inflation projections

Argentina's Central Bank (BCRA) Thursday decided on a sharp rise in interest rates to calm down inflation projections. The measure was taken before data for July 2022 was released later in the day.
Thursday, July 14th 2022 - 20:13 UTC
June's CPI rose 5.3% in Argentina

Argentina's National Institute of Statistics and Census (Indec) Thursday released its monthly report, which showed that the Consumer Price Index (CPI) had risen 5.3% in June 2022, after a 5.1% increase in May for a 64% yoy adjustment and 36.2% in the first half of 2022.
Thursday, June 30th 2022 - 09:43 UTC
Uruguay expanded 4,4% in 2021 and is poised to continue growing strongly, IMF report

An IMF mission recently visited Uruguay to discuss with local authorities economic developments, including recovery from the pandemic, the war in Ukraine and the country's policy priorities. The report released on return of the IMF mission to Wahsington pointed out that the economic recovery continues at a firm pace supported by high agricultural commodity prices and strong investment.
Tuesday, June 28th 2022 - 09:31 UTC
BCB head says worst part of inflation in Brazil is over

Brazil's Central Bank (BCB) CEO Roberto Campos Neto said Monday that the worst part of inflation in his country was over, after the proper tools to curb the process had been taken.
Thursday, June 16th 2022 - 09:11 UTC
US Fed raises rates to curb growing CPI

The United States Federal Reserve Wednesday announced a 0.75% rate hike to between 1.5% and 1.75%, in a move to curb rising consumer prices. It is the first time since 1994 that the Fed has raised the rate this much.
Friday, May 13th 2022 - 09:55 UTC
Argentina's inflation for April of 2022 set at 6% – worst YoY data in 30 years

Argentina's National Institute for Statistics and Census (Indec) Thursday announced that inflation for the month of April of 2022 had reached 6% for a total of 58% in the last 12 months, which turned out to be the country's highest figure in 30 years.
Thursday, May 12th 2022 - 09:14 UTC
US inflation still strong, but can be expected to ease in second half of the year, analysts agree

Inflation in the United States seems to have started to taper off, as the rapid cost of goods and services did not change much in April compared to March. Consumer prices rose by 0.3% in April after having risen by 1.2% in March, according to data the Bureau of Labor Statistics released on Wednesday.