Tag: Inflation

• Friday, December 30th 2011 - 21:22 UTC

  Uruguay fearing inflation drastically rises basic rate 75 points to 8.75%

  

  Uruguay’s central bank unexpectedly increased on Friday its benchmark interest rate by 75 points from 8% to 8.75%o as policy makers admit inflation, and mid term expectations remain notoriously over the target range and price stability is the main concern in “the current socio-economic context”.

• Tuesday, December 13th 2011 - 06:56 UTC

  Uruguay monetary policy trapped between inflation or stimulating the economy

  

  The Uruguayan central bank “Monetary Policy Committee” will attempt to balance ‘concern’ over inflation with the increasing international uncertainty when it meets next 29 December, said the bank’s president Mario Bergara.

• Friday, December 9th 2011 - 07:16 UTC

  November inflation in Brazil up 0.52% and 6.64% in last twelve months

  

  Brazilian consumer prices rose faster than expected in November. Inflation as measured by the benchmark IPCA index, quickened to 0.52% last month from 0.43% in October.

• Tuesday, November 15th 2011 - 06:27 UTC

  Argentine congress October ‘inflation index’: 1.49%, double the official rate

  

  Argentine lawmakers announced Monday the so-called Congressional ‘inflation index” for October which they estimated at 1.49% and is well over double the official Indec index released last week, 0.6%.

• Saturday, November 12th 2011 - 09:51 UTC

  Argentine official October inflation 0.6%; the congressional index, 1.6%

  

  Argentina's official inflation was reported at 0.6% in October, breaking with 18 straight months of consumer prices reported at either 0.7 or 0.8%, the government reported on Friday.

• Thursday, November 3rd 2011 - 07:55 UTC

  Fitch warns Argentina on foreign exchange controls and inflation

  

  Fitch Ratings agency warned Wednesday that Argentina’s new dollar controls and measures aimed at curbing capital flight could narrow Cristina Fernández political options range.Likewise, the agency stated in the communiqué that the “continuity of such unorthodox policies represent nothing but risk.”

• Tuesday, October 25th 2011 - 18:50 UTC

  EIU expects higher inflation in Uruguay as government tries to spur growth

  

  The Uruguayan government will concentrate efforts in promoting economic growth, (debilitated in the second quarter), plus reducing domestic debt, even to the expense of “weakening the credibility of the inflation target”, according to the Economist Intelligence Unit, EIU, from The Economist magazine.

• Tuesday, October 25th 2011 - 04:19 UTC

  Inflation in Brazil slowing down for the first time in 14 months

  

  Economists covering Brazil cut their 2012 inflation forecast for the first time in eight weeks, cementing expectations that the central bank will continue to cut interest rates.

• Friday, October 14th 2011 - 22:00 UTC

  September inflation in China eased but high prices for food remain a concern

  

  Inflation in China eased slightly in September but high prices, especially for food, remain a concern for the country's population. Consumer prices rose 6.1% last month, compared with the same month last year, the National Bureau of Statistics said.

• Sunday, October 9th 2011 - 10:04 UTC

  Chilean inflation in September picks up; central bank to keep buying dollars

  

  Chilean inflation rose 0.5% in September and the trade balance narrowed as falling copper output forced the first monthly year-on-year fall in exports in over two years.