He European Central Bank (ECB) decided this Thursday to raise its interest rates for the tenth consecutive time, by a quarter of a percentage point, hup to 4.5%, to stop inflation in the euro zone and despite the stagnation of the economy. After the meeting of the Governing Council, the The BCE reported that it […]
Tag: Inflation
Panama Canal rules out that its restrictions impact merchandise prices
He Panama Canal plans to operate 30 to 31 daily transits in the fiscal year that will begin next October 1, below the current 32, but ruled out that these restrictions derived from the water crisis will impact final prices, generating inflation in the destination markets, especially cargo that goes in containers. The operation of […]
Up to 4 out of every 10 homes have a poorly nourished child
The calorie deficit – which measures the percentage of people affected by a lack of food – reached 35.4% of children and adolescents nationwide, increasing by nearly 7% compared to the same period in 2019 (28.8%), according to INEI data at the end of the second quarter of 2023. That is, approximately minors in more […]
Russian unemployment rate hits new all-time low amid tense job market
He unemployment Russia reached a new all-time low in June and real wages rose 10.5% year-on-year, in a new test of the stickiness of the working marketaccording to data released Wednesday. The unemployment rate fell to 3.0% of the economically active population, compared to 3.1% of the previous month. Real wage growth was lower than […]
How much is a kilo of lemon in Peru? Know the price by region
The increase in the price of lemon generates concern in the familiesas it affects your economywhich is a problem that is registered in the different regions of the Peru. The high cost of this fruit, which also impacts the agricultural and commercial sector, will remain high until December, as specified by the National Institute of […]
US consumer confidence falls slightly in August
The trust of the US consumers fell slightly in August, while expectations for inflationa poll showed on Friday. The final August reading of the general index of consumer confidence from the University of Michigan stood at 69.5, compared with 71.6 in July, and below the preliminary reading from earlier in the month. Economists polled by […]
Food prices grew by 28% in the second quarter of the year
The unit price of the food that make up the family basket grew 28% in the second quarter of the year. While the consumption of Peruvian households rose by 1.7% in value and up to 11.8% in volume. In addition, the purchase frequency went from 80 to 86 times, but with lower volumes per occasion […]
With central banks’ work halfway done, inflation debate changes course
The inflation has slowed sharply across much of the world this year, but the job is only half done, even as major central banks they are now preparing to conclude their most aggressive interest rate hike cycle in history. The “last mile” to eradicate widespread price growth will still take years, so loosening monetary policy […]
China cuts key rate to stimulate sluggish economy
He central bank of china cut, this Monday, August 21, a interest rate clue in an attempt to reverse the post-pandemic slowdown in the world’s second-largest economy. The economy has recently been dragged down by uncertainty in the labor market and a global slowdown, weighing on demand for Chinese goods. The financial problems of the […]
United States: Most small businesses believe the country is in recession
More than half of American small business owners believe the economy is already in recessionmarking a slight decline for July from April, despite the fact that most companies reported that their own financial situation was strong, a survey published on Monday showed. The July survey by the National Federation of Independent Business focused primarily on […]