Tag: Inflation

• Friday, May 28th 2021 - 09:31 UTC

  Argentina: Bans on layoffs extended for 30 days

  

  The Argentine Government of Alberto Fernández Thursday decided to extend a ban on layoffs for another 30 days so that workers who were affected by the recent full-scale quarantine decreed de the President does not result in workers losing their jobs, it was announced.

• Tuesday, May 18th 2021 - 09:44 UTC

  Argentina bans meat exports for 30 days in an attempt to curb inflation

  

  The Argentine government of President Alberto Fernández has announced all meat exports will be banned for the next 30 days in an attempt to slow down inflation as domestic prices went up 20% owing to foreign demand.

• Friday, May 14th 2021 - 09:14 UTC

  Argentine inflation for April set at 4.1%

  

  Argentina's April inflation reached 4.1% for a cumulative rise of 17.6% in the first four months of 2021, the National Institute of Statistics and Censuses (INDEC) reported on Thursday.

• Saturday, May 8th 2021 - 08:15 UTC

  Argentina's inflation for the year 2021 forecast at 47.3%

  

  Argentina's monthly inflation for April 2021 is expected to be around 3.8%, according to consulting firms surveyed by the Central Bank.

• Thursday, May 6th 2021 - 09:33 UTC

  Uruguay's inflation projected at 6.8% year on year fits within government’s target

  

  Uruguay has managed to keep inflation at 6.8%, which is within the government's target range for the first time in 36 months, it was announced Wednesday.

• Thursday, May 6th 2021 - 08:48 UTC

  Brazil's Central Bank ups basic interest rate to curb growing inflation

  

  In a move to curb growing inflation, Brazil's Central Bank Wednesday decided to raise the basic interest rate by 0.75 percentage points, to 3.5% per year. It was the second time in a row that the monetary authorities responded to this type of measure.

• Monday, April 26th 2021 - 09:03 UTC

  Venezuela remains the most “miserable” country - Argentina not far behind

  

  Venezuela easily held to the dubious honour of being at the top of the list of the 2020 Global Economic Misery Index, while Argentina was merely seven notches behind.

• Friday, April 16th 2021 - 09:39 UTC

  Cost of living in Argentina rises 4.8% in March alone

  

  Argentina's Consumer Price Index (CPI-Cost of living) rose 4.8% during March, 1.2 percentage points above February's 3.6%, the National Institute of Statistics and Censuses (INDEC) announced Thursday.

• Tuesday, April 13th 2021 - 09:48 UTC

  Chile's Central Bank monthly report foresees 2021 inflation at 3.2%

  

  Chile's monthly report issued by the Central Bank Monday forecast inflation to close 2021 with a cumulative 3.2%, with no significant changes in sight for 2022 and 2023.

• Saturday, April 10th 2021 - 10:53 UTC

  Argentine inflation forecast at 46% for year 2021, 3.9% for March alone

  

  Argentina's Central Bank Friday announced the yearly inflation for 2021 was expected to reach 46%, while figures for the past month of March were around 3.9%. The official peso/US dollar exchange rate was foreseen at $ 115/ US$ 1 by the end of this year.