Tag: Inflation

• Saturday, October 8th 2011 - 08:39 UTC

  Brazil’s inflation above target and at its highest annually since May 2005

  

  Annual inflation in Brazil hit a six-year high in September, government data showed on Friday. The benchmark IPCA consumer price index rose 7.31% in the 12 months through September -- above the official target range ceiling of 6.5% for the sixth straight month and the highest 12-month rate since May 2005.

• Saturday, October 1st 2011 - 01:16 UTC

  Construction activity in Argentina remains steady as investors choose “bricks”

  

  Argentina's construction activity rose 7.3% on the year in August, as builders and private investors continued to benefit from a booming economy and high inflation.

• Friday, September 30th 2011 - 06:05 UTC

  Uruguay leaves basic rate unchanged at 8%; inflation remains above target

  

  Uruguay’s Central bank kept its benchmark interest rate unchanged as policymakers focus on bringing inflation back to target in anticipation of possible impacts from a global slowdown.

• Monday, September 26th 2011 - 06:34 UTC

  IMF insists Argentina must improve measuring inflation method

  

  Nicolas Eyzaguirre, the IMF director for Latin America, stated that Argentina must apply “major measures” to improve its method of measuring the inflation.

• Saturday, September 10th 2011 - 06:02 UTC

  China’s inflation eases in August and industrial output soars 13%

  

  China's rate of inflation eased in August, after hitting a three-year high in July, according to the National Statistics Bureau. Consumer prices in the world's second largest economy rose 6.2% from a year earlier, down from 6.5% in July.

• Wednesday, August 10th 2011 - 17:54 UTC

  Venezuelan inflation soars 2.7% in July; accumulates 25.1% in twelve months

  

  Venezuelan July inflation, as measured by the national index INPC, came in on the high side of expectations at 2.7%, up from June.

• Tuesday, August 9th 2011 - 21:53 UTC

  Inflation in China higher than expected; food prices climb 14.8% in 12 months

  

  Inflation in China was higher than expected in July, despite a series of efforts by the government to rein in prices. Consumer prices in July rose 6.5% compared with the same month last year, the National Bureau of Statistics said.

• Friday, July 15th 2011 - 06:21 UTC

  Argentines would like to buy at “official” inflation and be paid in real inflation

  

  According to Argentina’s statistics office Indec consumer inflation was 0.7% pushed mostly by the cost of clothing. However private economic consulting offices estimate the index was double the official announcement.

• Saturday, July 9th 2011 - 06:47 UTC

  Inflation at its highest level in three years; concerns over food prices and social unrest

  

  Inflation in China has risen to its highest level for three years, despite a series of interest rate rises and curbs on bank lending. Prices in June rose 6.4% from a year earlier, well above the rate for May.

• Thursday, July 7th 2011 - 16:20 UTC

  Euro-zone decides to contain inflation and hikes interest rates to 1.5%

  

  The European Central Bank (ECB) decided on Thursday to raise interest rates to 1.5% from 1.25% in an attempt to cool inflation in the 17-nation Euro zone. ECB president Jean-Claude Trichet said that inflation, now 2.7%, was likely to remain “clearly” above the ECB 2% target over the coming months.