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MercoPress, en Español

Montevideo, December 5th 2025 - 16:38 UTC

Tag: Inflation

  • Wednesday, August 9th 2023 - 03:15 UTC

    UK food prices are slowing; 'cautious optimism' from British Retail Consortium

    Clothing and footwear were among the beneficiaries during July as retailers “mitigated wet weather” with larger discounts

    New figures suggest food United Kingdom price inflation has slowed to its lowest level this year as prices of oils, fish, and breakfast cereals fall. According to the British Retail Consortium (BRC) and NielsenIQ retail analysts, food inflation slowed to 13.4% in July. It was 14.6% in June. But overall, shop prices are still 7.6% higher this July than a year ago.

  • Monday, August 7th 2023 - 10:16 UTC

    Retail sales keep plunging in Argentina

    “Inflation is hitting consumption in all areas of the economy except in the pharmaceutical sector,” CAME said

    Argentina's Confederation of Medium-Sized Companies (CAME) said in a report released Sunday that retail sales dropped 3.6% interannually in July for a total 1.6% reduction so far in 2023 as “inflation is hitting consumption in all areas of the economy except in the pharmaceutical sector.”

  • Tuesday, August 1st 2023 - 18:48 UTC

    Euro Zone inflation down to 5,3% in July, helped by lower energy prices

    The lower July rate is largely down to sinking energy prices, which sank by 6.1%, according to Eurostat

    Inflation in the Euro-zone fell to 5.3% in July, down almost a percentage point from May, the EU statistics agency Eurostat said on Monday. in June the rate of inflation was 5,5% as compared with 6.1% in May.

  • Tuesday, August 1st 2023 - 18:46 UTC

    Retail prices outlook in the UK improving, but not out of the woods yet

    Price inflation in the UK has slowed to its lowest level this year as prices of oils, fish, and breakfast cereals fall

    Outlook for retail prices in the United Kingdom improving. New figures suggest food price inflation in the UK has slowed to its lowest level this year as prices of oils, fish, and breakfast cereals fall. According to the British Retail Consortium (BRC) and NielsenIQ retail analysts, food inflation slowed to 13.4% in July. It was 14.6% in June.

  • Friday, July 14th 2023 - 10:19 UTC

    Argentina: “Blue” dollar keeps soaring, June's inflation 6%

    The highest increase this year was in Communications (10.5%), as a result of the increase in telephone and Internet services

    The “blue” (a euphemism for “black market”) dollar hit another record Thursday in Argentina, closing at AR$ 512 / US$ 1, for a total increase of AR$ 166 so far this year which represented a 48% rise since closing 2022 at AR$ 346, it was reported in Buenos Aires. The gap between the informal dollar and the official exchange rate stands at 93.7%.

  • Wednesday, July 12th 2023 - 20:39 UTC

    Brazilian June inflation reaches record low; interest rate fall anticipated in August

    The annual inflation rate is now below the bank’s 3.25% target for this year while underlying measures of inflation also saw drops on the month.

    Brazil’s annual inflation released on Tuesday showed consumer prices rose 3,16% year to year, down from 3,94% in May. This means annual inflation has dropped from the 12,13% peak in 2022 clearing the way for the central bank to begin cutting interest rates at its next meeting.

  • Saturday, July 8th 2023 - 11:05 UTC

    Inflation projections better than a month ago in Argentina

    Inflation projections better than a month ago in Argentina

    The Argentine Central Bank's (BCRA) monthly Market Expectations Survey (Relevamiento de Expectativas del Mercado - REM) for June released Friday forecasts inflation to reach 142.4% by the end of 2023. The study details the forecasts of institutions, companies, organizations, and specialists on the evolution of the main economic variables.

  • Thursday, July 6th 2023 - 09:53 UTC

    Higher economic growth, less inflation projected in Brazil

    Inflation below expectations stems from the appreciation of the Brazilian Real, Ipea said

    Brazil's Institute for Applied Economic Research (Ipea) has revised its forecasts and now foresees larger economic growth and smaller inflation this year, Agencia Brasil reported.

  • Thursday, June 22nd 2023 - 15:55 UTC

    Fed's Powell questioned in Congress over inflation and bank regulation

    “Inflation pressures continue to run high, and the process of getting inflation back down to 2% has a long way to go,” Powell said on Capitol Hill.

    Since inflation in the United States is still excessive, most Federal Reserve officials expect to raise interest rates further this year this year, Chair Jerome Powell told a House committee on Wednesday, who also had to respond about alleged further banking regulations.

  • Thursday, June 8th 2023 - 16:05 UTC

    IMF suggests immigration could help UK with inflation and labor shortage

    IMF's Gita Gopinath told BBC Newsnight that “with inflation as high as it is... there are benefits to having workers come in”

    Immigration that fills gaps in the domestic jobs market can help push down UK inflation, the deputy head of the International Monetary Fund has said. However British prime minister Rishi Sunak has insisted rates of legal immigration are “too high”