Contrary to what international markets expected, March inflation in the US worsened and stood at 3.5%, once again far from the target range and three tenths above the previous interannual record of 3.2% that was achieved in February . The high price of gasoline and mortgages fueled the Consumer Price Index (CPI), according to the […]
Tag: CPI
Inflation in Mexico rebounds to 4.48% in the first half of March
The rate of inflation general mexican It rebounded in the first fortnight of March to 4.48% annually, breaking three fortnights of decline, the National Institute of Statistics and Geography (Inegi) reported this Friday. The data, above market expectations, is greater than 4.4% of all of February, when it had ended with three consecutive months on […]
Inflation will return this year to its pre-COVID-19 level
After 2020, inflation climbed to a peak of 8.46%, its highest level in just over two decades, and only four years after the pandemic is it expected to normalize and close at 2.2%, according to the Bank Central Reserve Bank of Peru (BCRP). What do we call regularized inflation? It is when the Consumer Price […]
Yellen warns that the fall in inflation may not be smooth
The secretary of Treasure United States, Janet Yellenwarned that the decline in inflation It may not be “gentle”but he hoped that rents, one of the biggest contributors to rising prices, would fall throughout the year. “I wouldn’t expect this to be an easy path month to month, but the trend is clearly favorable. That said, […]
China: CPI rises 0.7% in February after four months of deflationary trend
He consumer price index (CPI)the main indicator of the inflation in Chinaincreased 0.7% year-on-year in February, breaking the trend of the previous four months, in which the data marked a decrease. The indicator, released today by the National Statistics Office (ONE) of the Asian country, was above what was expected by analysts, among whom the […]
Inflation one step away from normalizing: it reached 3.02%
The annual Consumer Price Index (CPI)—an academic term used to measure inflation—reached 3.02% in January in metropolitan Lima, according to the National Institute of Statistics and Informatics (INEI). This rate, despite measuring only the capital’s situation, is the barometer to measure the performance of prices in the Peruvian economy. Thus, it reached its lowest value […]
Inflation closes at 3.24%, outside the BCRP goal
For the third consecutive year, the restrictive monetary policies of the Central Reserve Bank (BCRP) failed to keep inflation in Peru at the planned annual goal, and the Consumer Price Index (CPI) recorded new progress of 3.24% in 2023, according to INEI. According to the organization, only in December inflation had an increase of 0.41%, […]
Value of the ITU rises S/200 by 2024 and will be located at S/5,150
Yesterday, the Government made official the new value of the Tax Tax Unit (UIT) for 2024: S/5,150, according to supreme decree No. 309-2023-EF. In this way, it increases by S/200, since during the current year it stood at S/4,950. The ITU, which is used as a reference to calculate taxes, fines, determine accounting obligations, among […]
Inflation in October hits 27-month lows
Inflation not only decreases because the prices of some products are corrected, but because the prices of others do not progress due to slow market dynamics. Thus, in October, the Consumer Price Index (CPI) in Metropolitan Lima recorded a year-on-year decline of 0.32%, rounding out a drop of 2.99% so far this year, according to […]
Inflation: what were the foods whose prices rose the most in October?
He Consumer’s price index in Metropolitan Lima—barometer of inflation in the country—fell to -0.32% during October and, in year-on-year terms, stood at 4.34%, its lowest level since July 2021according to National Institute of Statistics and Informatics (INEI). The monthly result of inflation is explained by the greater incidence of sectors such as food and non-alcoholic […]