The National Institute of Statistics and Informatics (INEI) He explained that the base year of the Consumer Price Index (CPI) will be updated to 2022. According to INEI, after the National Survey of Family Budgets, and its respective analysis of the database, weighting of products, determination of brands and characteristics most demanded by families, as […]
Tag: Inflation
Inflation in America, another victim of the pandemic in 2021
In their efforts to face the second year of the pandemic, the largest economies in Latin America closed 2021 with a higher than expected price increase due to climatic, political and social factors and problems related to international trade. The Economic Commission for Latin America and the Caribbean (ECLAC), a UN body based in Santiago […]
Inflation: 5 reasons why global prices rose
Inflation in 2021 reached the highest levels in recent years globally. Only in Peru was 6.43%, the highest in 13 years. Below is a summary of the main factors that influenced the rise in prices in the last year. 1 | Energy and gasoline prices At the start of the pandemic, oil prices plummeted, but […]
Argentines protect themselves more from inflation than from devaluation
Investors have long relied on at least one thing in the wild and unpredictable Argentine markets: a big devaluation of the peso was looming and the best place to take refuge from this was bonds linked to the peso. dollar. Now, after focusing on this business for two years in a row, they are throwing […]
Inflation: seven reasons why the cost of living is rising around the world
PHOTO GALLERY. From buying groceries to heating our homes, the cost of living is rising sharply, not just in the UK but across the world. Global inflation, the rate at which prices rise, is at its highest point since 2008. Here are some of the reasons. 1. Rise in energy and gasoline prices Oil prices […]
Inflation: 7 reasons why the cost of living is rising around the world
The cost of living for people has risen sharply all over the world. global inflation, rate to which they climb prices, is at its highest point since 2008. At Peru, inflation for 2021 closed at 6.43%, the highest in 13 years, temporarily above the target range due to factors such as the increase in international […]
The Eurogroup expects inflation to decrease progressively this year
Updated on 01/17/2022 06:17 pm The Ministers of Economy and Finance of the eurozone They estimated that the general increase in prices will begin to decrease progressively throughout 2022, although they recognized that the highest peaks of inflation will continue for a longer period than they forecast last year. This was stated by the president […]
Six tips to beat inflation
2021 closed with 6.4% inflation, a figure that represented the highest since 2008, which was mainly sustained by the 7.97% rise in the items of food and drinks, Y rental housing, fuels and electricity (13.27%); according to the National Institute of Statistics and Informatics (INEI). It is a reality that life is becoming more expensive […]
Fed officials nod to March rate hike as inflation creates more noise
The governor of the Federal Reserve (Fed), Lael Brainard, became this Thursday the latest and most important official of the central bank to signal that interest rates will increase in March, to combat a inflation that is eroding the value of recent worker pay increases and putting officials in the political spotlight. The Fed “has […]
Fed would be open to more than three rate hikes this year if inflation worsens
Philadelphia Fed President Patrick Harker said he would currently support three interest rate hikes this year, starting in March, and would be open to more if inflation worsens. Consumer prices in the United States rose in December, with the largest annual increase in inflation in almost four decades, which has consolidated expectations that the Federal […]