The inflation of the EE. UU. it rose by 7% in 2021, the highest figure in 40 years (1982), as reported by the US Bureau of Labor Statistics. This result has generated greater concern for US President Joe Biden, who promised to stop this inflationary spiral. However, he said that the data reveal that there […]
Tag: Inflation
Prices stabilize in China, in contrast to the rest of the world
Unlike the great economies of the world, China last year registered a fall in prices, which opens the way for a drop in interest rates to support an activity penalized by the real estate crisis. In the whole of 2021, inflation rose an average of 0.9% (and 1.5% year-on-year in December, compared to 2.3% in […]
OECD: inflation in rich countries was the highest in the last 25 years
The richest countries in the world registered the highest inflation in the last 25 years in 2021, according to data published this Tuesday, January 11, by the Organization for Economic Cooperation and Development (OECD). In this sense, the annual rate of growth of consumer prices in the group of developed countries of the OECD reached […]
Heath says Mexico’s core inflation is ‘severe’
Updated on 10/01/2022 03:01 am Jonathan Heath, member of the board of the central bank of Mexico, activated the alarms regarding the acceleration of the inflation underlying, saying in a series of tweets that the situation is “serious” and may indicate a structural problem. Although annual inflation at the end of 2021 was slightly lower […]
Inflation, a global problem
Patricio Quintanilla Paulet Rector U La Salle We have closed the year 2021, with an inflation rate of 6.43% in 12 months, which has generated alarm in the population and is presumed to be a particular problem in Peru, but it is not. Global Inflation In the year 2021, there has been a increase in […]
Inflation in the euro zone soared to 5% in December, its highest in 24 years
The CPI of the euro zone has risen to 5% in December, according to the European Statistical Office (Eurostat). This is the highest figure in the entire historical series, which began in 1997. Both analysts and central banks expected a similar figure: already in the previous month, the CPI had registered its highest level since […]
Inflation in Venezuela slows down and closes in 2021 at 686.4%
Updated on 08/01/2022 12:28 pm Venezuela closes 2021 with a inflation of 686.4%, which shows a slowdown with respect to the previous year when it stood at 2,959.8%, according to the data released on Saturday by the Central Bank, but the South American country still continues under a long economic crisis. In December, prices had […]
With debt and high inflation, Brazilians start 2022 burdened by the economy
Jussara Romero only sees red numbers: the elevated inflation in Brazil and complications derived from pandemic They force her to borrow nonstop, even though this becomes more and more expensive with rising interest rates. Despite the fact that 2021 was anticipated as the year of economic recovery after the pandemic, the crisis is hitting Brazilians […]
World food prices increased 28.1% on average in 2021
The Food and Agriculture Organization of the United Nations (FAO) reported that food prices in the world had an average annual increase of 28% in 2021. Last December there was a slight drop of 0.9% compared to November, and with an increase of 23.1% compared to the December index of the previous year. “With regard […]
Record rise in inflation in Turkey calls into question Erdogan’s management
December’s year-on-year inflation, 36% the highest since 2003, the year in which the current Turkish president, Recep Tayyip Erdogan came to power, calls into question his personalist economic policy. That sharp rise from 21% in November partly reflects the lira’s collapse between mid-November and December 20, when the Turkish currency lost 40% of its value […]