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 […]
Tag: Inflation
One year after the second largest bank failure in the US, vulnerability persists
One year after the collapse of Silicon Valley Bank (SVB)which was the second largest bank failure in the history of USA, Vulnerability persists in the regional banking sector, which is very sensitive to the trajectory of interest rates, and another entity of this type is now in trouble. SVB, the sixteenth largest bank by assets […]
Inflation escapes the BCRP goal and reaches 3.30%
The high temperatures recorded in February affected poultry productsas well as readjustments in some rates, such as in the case of drinking water, and brought with them a rebound in February inflation. According to the report from the National Institute of Statistics and Informatics (INEI), the Consumer Price Index (CPI) for the second month of […]
Food insecurity in Colombia was reduced from 30% to 25% in 2023, according to the WFP
The food insecurity in Colombia was reduced in 2023 from 30% to 25%, according to the report presented this Tuesday by the World Food Program (WFP) of the UNwhich points out that there are still 13 million people in the South American country who are in moderate or severe food insecurity. This is a reduction […]
Inflation in Metropolitan Lima reaches 0.56% in February
In this way, the annualized inflation of our country goes from 3.02% to 3.30%, outside the target range of the Central Reserve Bank (BCRP). Join the La República WhatsApp channel Price of the dollar in Peru today: what is the exchange rate for this Friday, March 1? AFP Retirement 2024: who can access the disbursement […]
Prices of personal consumption expenses rise 2.4% in one year in the US.
The price index on personal consumption expenditures (PCE), a key data that guides the monetary policy of the Federal Reserve of USAmarked an increase of 2.4% year-on-year in January, the Bureau of Economic Statistics (BEA) reported this Thursday. The data shows a decrease of two tenths in relation to the interannual PCE of December. In […]
Brazilian airlines cancel their flights to Argentina due to the aviation strike
The airlines GOAL and Latam canceled all their flights from Brazil toward Argentina scheduled for this Wednesday, due to the strike carried out by the unions of the aeronautical sector in that country in demand of salary improvements. In separate statements, GOL and Latam explained that passengers had been previously informed of the decision, which […]
Tension grows in Argentina due to the losing race of wages against inflation
They grow in Argentina union protests, such as the strike in the health sector this Thursday or in the railway sector the day before, due to the sharp drop in the purchasing power of salaries in the face of a inflation very high, in a context of severe economic adjustment. After this Wednesday’s strike of […]
The Fed won’t cut rates until inflation falls sustainably toward 2%.
The Federal Reserve (Fed) It will not reduce interest rates until it is sure that inflation falls “sustainably” towards the 2% objective, according to the minutes of its last meeting held at the end of January and published this Wednesday. Members of the Federal Open Market Committee (FOMC) unanimously agreed that they did not expect […]
Inflation in Peru reached single digits for 27 consecutive years, according to BCRP
In an interesting achievement for the Peruvian economy, the Central Reserve Bank of Peru (BCRP) announced that the country has sustained a single-digit inflation rate for 27 continuous years, evidencing an era of monetary stability. This fact, highlighted in a recent BCRP statement, underlines the strength of the country’s monetary policy. Inflation, a measure of […]