The Argentine Justice ruled again this Thursday in favor of suspending a labor reform included in a vast decree by the president Javier Milei and rejected by the unions. In addition, a federal judge authorized the processing of other protections against the decree during the judicial fair. The decision of the Chamber of Labor Appeals […]
Tag: Inflation
Argentina: oil companies apply fuel increases of around 27%
Oil companies on Wednesday increased the value of fuels in Argentina around 27% within the framework of the price liberalization policy of the president’s government Javier Milei, ultra-liberal profile. The increases were arranged by Axion, Shell and the Argentine state-owned YPF, among other companies, which determined that hours before the increases were finalized, queues of […]
Canada’s top executives earn 246 times more than the country’s average worker
Only in the first hours of 2024 any of the top 100 CEOs of Canada has earned 60,000 Canadian dollars (US$45,000), as much money as the annual salary of the average worker in the country, according to a study released this Tuesday. According to data from the Canadian Center for Policy Alternatives (CCPA), the average […]
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%, […]
Chicken, meat, salt, sugar, milk and yellow chili among the foods that rose the most in 2023
The National Institute of Statistics and Informatics reported that the Food and Non-Alcoholic Beverages item contributed to inflation of 3.24% in 2023 with a progress of 3.74%. This increase was supported by the higher prices observed in meat (7.9%) such as ground beef (12.3%), chicken giblets (12.1%), beef stew meat (11.4% ), gutted chicken (10.3%), […]
School education in Peru was 10% more expensive in 2023
Hand in hand with inflation. The National Institute of Statistics and Informatics (INEI) reported that education in Peru, in 2023, was 6.4% more expensive than in 2022. However, if we disaggregate only school education, the levels rose more than 10 %, on average. The prices of the teaching secondary were the most critical, with a […]
Inflation in 2023 was leveraged by food, education and hotel services
The National Institute of Statistics and Informatics (INEI) reported that the 3.24% inflation recorded in 2023 – for the third consecutive year, above the target range – was anticipated by an increase in the prices of the consumer divisions of Restaurants and Hotels (6.46%), Education (6.40%), Food and Non-Alcoholic Beverages (3.74%). Other divisions that increased […]
Inflation closed 2023 at 3.24%, above the BCRP target range
For the third consecutive year the consumer price index ended up above 3%, according to INEI data. Join the La República WhatsApp channel Price of the dollar in Peru: what is the exchange rate quote this Sunday, December 31? Public workers will have an increase of S/50 starting in January 2024 The consumer price index […]
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 […]
Five things to watch for US stocks in 2024
A wild 2023 for stocks USA is coming to an end and investors They are full of optimism for 2024 as the S&P 500 index is very close to its first all-time high in almost two years. While the Federal Reserve points out that it is probably already over with the increase in interest rates […]