Tag: Inflation

• Saturday, February 11th 2023 - 15:46 UTC

  “Tight money ahead for months to come”, anticipates the UD Fed unpleased with inflation

  

  The United States Federal Reserve is not satisfied with the evolution of inflation in the country and has warned the fight is not over, and could possibly result in higher interest rates that those markets are anticipating and despite of growing fears they could lead to a recession.

• Sunday, February 5th 2023 - 09:25 UTC

  BCRA's REM report forecasts 2023 inflation in Argentina will reach 97.6%

  

  With a Consumer Price Index (CPI) for January 2023 expected at 5.6%, Argentina's Central Bank (BCRA) issued a report Friday forecasting that inflation for the entire year would be 97.6% while the country's Gross Domestic Product (the sum of all services and goods traded) will only grow by 0.5%.

• Friday, February 3rd 2023 - 10:20 UTC

  Aggressive ECB takes basic rate to 2,5%, anticipates another increase in March

  

  The European Central Bank increased its basic interest rate 50 basis point to 2,5% and anticipated it intended to hike by another 50 basis points in March. The move follows four hikes in 2022 which brought euro zone rates out of negative territory for the first time since 2014.

• Friday, January 13th 2023 - 10:09 UTC

  Argentina's inflation for 2022 reported at 94.8%

  

  Argentina's inflation for the year 2022 has been reported to stand at 94.8%, the highest in 32 years, according to the report by the National Institute of Statistics and Census (Indec) released Thursday. It was also one of the highest in the world.

• Monday, December 19th 2022 - 19:09 UTC

  Slight adjustment to Brazil's inflation projection for 2022

  

  Brazil's National Wide Consumer Price Index (IPCA) is now expected to have grown 5.76% by the end of the year, a marginal drop from the 5.79% projected in the previous Focus Bulletin weekly report by South America's largest country's Central Bank.

• Thursday, December 15th 2022 - 11:13 UTC

  Study shows inflation slowing down in Brazil

  

  According to a study released Wednesday, Brazil's inflation in November was below that of October for all income groups.

• Wednesday, December 7th 2022 - 10:45 UTC

  Slight drop in Uruguayan inflation reported through new measurement

  

  Uruguay's inflation for the month of November of 2022 showed a -0.28% variation according to the National Institute of Statistics (INE) report released Monday. With these data, the accumulated CPI increase for the year reached 8.57% and 8.46% interannually (in the last 12 months).

• Tuesday, December 6th 2022 - 09:48 UTC

  Brazil's Central Bank adjusts 2022 inflation projections by 0.01%

  

  Brazil's yearly inflation has been projected to reach 5.92% by the end of 2022, a 0.01% increase from last week's estimates, according to the Central Bank's (BCB) bulletin released Monday, while the Gross Domestic Product is expected to close at 3.05%.

• Monday, November 28th 2022 - 21:49 UTC

  Caps on fuel prices announced to curb Argentina's inflation

  

  Argentina's Superminister of Economy, Industry and Agriculture Sergio Massa reached an agreement with oil companies whereby fuel joins the list of care-for prices. Hence, the price at pumps may not go up above a 4% monthly ceiling until March, it was announced in Buenos Aires.

• Friday, November 18th 2022 - 09:17 UTC

  Inflation projections in Brazil lowered yet again

  

  Brazil's Economy Ministry Thursday released its Macrofiscal Bulletin, which showed that inflation for the year 2022 is projected to amount to 5.85%, an improvement from the previous 6.3% forecast.