Peruvian households make up to 335 purchasing visits a year without distinction of channels: from a warehouse to a wholesale market. On average, for each visit, they spend S/19.1 according to Kantar Division Worldpanel Perú. Thus, we deduce that the average purchases amount to S/6,398.5. Traditional local channels, such as wineries, discount stores (discounters, in […]
Tag: Inflation
French left will increase taxes on the rich so that the deficit does not increase
The french left detailed this Friday that, if he wins the legislative elections on June 30 and July 7 and can form a government, he will massively increase taxes on the rich, with 100,000 million euros more starting next year to fully cover the increase in the tax. expense that your program foresees. In the […]
What products became more expensive during May?
The Consumer Price Index (CPI) of metropolitan Lima decreased by 0.09% during May, thus continuing in the target range with 2.0%, according to the National Institute of Statistics and Informatics (INEI). The result was mainly due to the lower prices recorded in the food and non-alcoholic beverage consumption division, with a variation of -0.84%. Along […]
“We need true national entrepreneurs, not short-term financiers”
—Do you agree that there is a loss of technical management of the economy? —It is a sterile and banal discussion. We must abandon those antagonistic visions; Likewise, overcome the fiscal dominance that existed until the beginning of the nineties and the monetary dominance that followed later. The BCRP should worry not only about inflation […]
Inflation in May rose 2.01%: its best level in the last 41 months
The Consumer Price Index (CPI) of Metropolitan Lima returned to the target range in May and stood at 2.01%, according to the National Institute of Statistics and Informatics (INEI). Similarly, inflation in the fifth month of 2024 advanced 0.9% compared to April, and recorded progress so far this year of 1.45%. According to economist Juan […]
The worst inflation in history was 42,000 billion: prices doubled every 15 hours
Inflation is the sustained and general increase in the prices of goods and services in an economy over a period of time. This means that, over time, the purchasing power of money decreases, as more money is needed to buy the same products and services. This freak It can be caused by various factors, such […]
Banxico will maintain a “prudent” policy because inflation will take time to dissipate
He Bank of Mexico (Banxico) considered this Thursday that it will be necessary to maintain a monetary politics “prudent” in view of “the prospect that the effects of inflationary shocks will take longer to dissipate.” The Governing Board, in a document“opined that challenges and risks persist that warrant continuing with prudent management of monetary policy”and […]
BCRP: Julio Velarde estimates that inflation will close at 2.2% in 2024
The president of the Central Reserve Bank (BCRP), Julio Velarde, estimated that the 2024 Consumer Price Index (CPI) will close around 2.2%, after recovering its path towards the target range in April. During his presentation at the XV SYMPOSIUM – International Mining Meeting, organized by the National Society of Mining, Petroleum and Energy (SNMPE), the […]
IMF expects the Argentine economy to “start growing” in the second half
He IMF insists that the adjustment plan Argentina is giving “better than expected results” and expects the economy to “start growing” in the second half of the year, a spokeswoman for the financial organization said Thursday. The International Monetary Fund is pleased with the progress made since the ultraliberal president Javier Milei He took office […]
BCRP: Peru recorded the lowest annual inflation among the main economies in the region
The Central Reserve Bank of Peru (BCRP) reported that the progress of the Consumer Price Index (CPI) in our country was one of the lowest in the region, after recording an advance of 2.3% in April. According to the highest issuing entity, Peru’s inflation was below Chile (4%), Brazil (3.7%), Mexico (4.7%) and Colombia (7.2%). […]