Rise. Unemployment rate is the lowest recorded for 54 years in the United States. In addition, inflation receded. The United States created 517,000 jobs in January and the unemployment rate fell one tenth to 3.4%, according to data published by the Bureau of Labor Statistics. These figures are above expectations and exceed the average job […]
Tag: Inflation
FAO: world food prices fell 0.8% in January
The prices of vegetable oils, dairy products and sugar were the ones that pushed this indicator down. For the tenth consecutive month, world food prices fell in January this year, reported the Food and Agriculture Organization of the United Nations (FAO). In addition, the entity published its forecasts on the supply of cerealswhich will remain […]
Lima registers an annual inflation of 8.66%, the highest in five months
Follow the rise. Since May 2022, this indicator is above 8%. Nine cities, especially in the south of the country, reach two digits of inflation due to the absence of basic products During the first month of 2023, inflation in Metropolitan Lima increased 0.23%, with an annual variation of 8.66%, the highest since July 2022 […]
FED raises the interest rate in line with expectations
The US Federal Reserve announced the eighth consecutive increase in interest rates as a measure to combat inflation. The United States Federal Reserve (FED) announced this Wednesday, February 1, 2023 the eighth consecutive increase in interest rates, a rise of 0.25 points, which confirms a slowdown in increases. With this increase, less than the previous […]
Fed opts for a slight rate hike, but still expects to continue with restrictive policy
The Federal Reserve The United States raised its target interest rate by a quarter of a percentage point on Wednesday, February 1, but continued to promise “continued increases” in borrowing costs as part of its unresolved battle against inflation. “Inflation has come down a bit, but it’s still high,” said the central bank of USA […]
Inflation in Metropolitan Lima reached 8.66% in January, the highest in 5 months
In July 2022, accumulated inflation was 8.74%, a figure that was decreasing, but in the first month of the year it showed an increase. The National Institute of Statistics and Informatics (INEI) reported that, during the first month of 2023, the Consumer Price Index of Metropolitan Lima increased 0.23%, with an annual variation (February 2022-January […]
National inflation advances 0.46% in January 2023
This figure represents a decline of 0.20% compared to December 2022. For its part, the annual rate reached 8.87%. During January 2023, the Consumer Price Index at the national level registers a growth of 0.46%, according to the National Institute of Statistics and Information Technology (INEI). In this way, it presents a setback compared to […]
Lula’s attack on the Central Bank worries operators in Brazil
So when President Luiz Inácio Lula da Silva, only three weeks in office, questioned the need for an autonomous central bank during an interview on national television last week, it did not go over well with the markets. Swap rates soared and the currency plunged after his remarks. Cabinet members came on the scene and […]
Latin America: Extreme poverty reached its highest level in 25 years
Impact. Inflation and the global slowdown in 2022 hit neighboring economies hard, including Peru. Likewise, ECLAC warns that these figures will not drop in 2023. The countries of the Latin American continent begin 2023 with complicated and uncertain forecasts, after leaving a year marked by a strong inflation and a global crisis caused by the […]
MEF estimates that inflation will be close to 9% in January, but “it will be temporary”
The head of the Ministry of Economy and Finance (MEF), Alex Contreras, He affirmed that inflation in January 2023 will be close to 9% as a consequence of the protests registered at the national level, but that it will be temporary. It should be remembered that in December 2022 this stood at 8.46%, the highest […]