The leadership of the Communist Party of Cuba (PCC, the only legal one) is studying launching a macroeconomic stabilization program that will address the current monetary, financial and fiscal imbalances, in addition to getting the country out of the deep crisis it has been suffering for three years. The VII plenary session of the Central […]
Tag: Inflation
Javier Milei says that “ending inflation” in Argentina is “top priority”
The president of Argentina, Javier Mileispoke for the first time about the first measures of a “super orthodox” austerity plan that his government presented this week and whose “top priority” is to “end the inflation”. Mileia 53-year-old ultra-liberal who took power on Sunday, made a live broadcast on social networks to present from the presidential […]
BCRP: food prices are moderating after two years of rebound
Although there is no crystal ball to predict events, the Central Reserve Bank of Peru (BCRP) expect an auspicious summer in inflationary terms considering that in recent months there has been a constant decline. In November, the Consumer’s price index (IPC)—technically named after the variable that studies market prices—fell to 3.6% and brings us closer, […]
The Venezuelan economy in 2024, conditioned by internal politics and the US.
The economy of Venezuela, which is expected to close this year in negative, will grow more than 9% in 2024, according to independent estimates, subject to the development of key scenarios for the country, including the internal electoral process for the presidential elections, scheduled for the second semester, and the sanctions policy USAsay experts. Venezuela […]
With a tough economic horizon, Argentina begins the ‘Milei era’
With a tough economic horizon, beyond the already complicated present, Argentina began this Sunday the ‘era Milei‘, the presidential mandate of the libertarian economist who kicked the board of the South American country’s politics until he became the “first liberal libertarian president” of history. With that phrase that he used on the election night of […]
Argentine financial market dismisses Fernández’s management with devaluation and inflation
The Argentine presidential administration of the Peronist Alberto Fernandez will be remembered, among other evils, for a strong loss of peso value and a crazy inflation for four years, which encouraged an evident dollarization of portfolios by investors in the domestic financial market. Argentina’s foreign exchange and asset businesses moved with selectivity this Thursday in […]
BBVA: Peruvian GDP will fall 0.4% this year
BBVA Research continues to adjust downwards its growth projection for the Peruvian economy. It now foresees a drop in GDP of 0.4% – previously it expected an advance of 0.4% – and a rebound of 2% and 3.5% for 2024 and 2025, respectively. This analysis responds to the “surprising” drop in national production in the […]
BIS: central banks “not out of the woods” in fight against inflation
He Bank of International Settlements (BIS), the body that brings together the world’s central banks, on Monday softened its hardline stance on inflation, calling recent progress encouraging but stressing that central banks are not yet out of the woods. Global economic data have begun to show a clear trend that multi-decade highs in inflation – […]
6 out of 10 mypes do not have great expectations of the Christmas campaign
The Christmas campaign is one of the most important for micro and small businesses (MSEs), since sales are crucial to generate resources and start the following year well. However, according to the latest survey by the Mype Studies Center at the national level, 60% of mypes in services, manufacturing, commerce and tourism expects sales in […]
Annualized inflation as of November stood at 3.6%, its lowest rate in 29 months
The monthly value fell by 0.16%, while the accumulated value in the first 11 months of the year reached 2.88%, reported the INEI. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Friday, December 1? Payment schedule at Banco de la Nación: official payment […]