The ultraliberal government Javier Milei shows as an achievement the progressive deceleration of the inflation, the biggest economic problem Argentina and that he proposed to eradicate since he assumed the presidency in December. But Lidia Pacheco continues to search every week for the few vegetables that are usable among the waste of a Buenos Aires […]
Tag: Inflation
Second general strike in Argentina with empty streets against the Milei adjustment
The ultraliberal government Javier Milei faces the second general strike this Thursday against its adjustment policies in a measure that showed half-empty streets with shops open but without customers, little public transportation and closed schools in the Argentine capital. The main railway terminals were deserted, hundreds of flights were canceled and only a handful of […]
Prices of new vehicles decrease by 0.09%, according to AAP
In the transportation sector, prices for the acquisition of vehicles showed a decrease of 0.09% in April, after having shown increases of 0.48% in the first months of the year, according to the automotive union. However, fuel prices reported an increase of between 0.1% and 4.4% Meanwhile, In relation to passenger transport by road, the […]
Weak yen draws millions of tourists to Japan
Until now considered a destination within the reach of few, Japan attracts a record number of foreign tourists who, encouraged by the weakness of the and in in front of dollar or the eurothey do not hesitate to spend their money on kimonos, knives or luxury dinners. “I bought three pairs of shoes, something I […]
Inflation below 3% after almost 3 years
After 35 months, inflation returned to the target range of the Central Reserve Bank of Peru (BCRP), which ranges between 1% and 3%. The INEI reported that, in February, the Consumer Price Index (CPI) for April fell by 0.05%, thus the annual rate stood at 2.42%. Although the news seems positive, the truth is that […]
April prices fell -0.05% and Peru’s inflation returned to the target range
It is the first time that inflation reaches the target range of the Central Reserve Bank (BCRP) in 35 months. The last time was in May 2021, when progress of 2.45% was recorded in the last twelve months. Join the WhatsApp channel AFP are getting ready to receive withdrawal requests: when and how to process […]
Poor income pushes Argentine retirees to continue working
The very poor income of the majority of retirees Argentina are very far from covering their basic needs, so a growing number are forced to continue working, even nonagenarians, mostly informally and with wages equally depressed. In Argentina, the retirement age is 60 years for women and 65 for men and there are about 6.5 […]
Mortgage credit appears in Argentina despite the context of high inflation
Three banks surprised by announcing the return of the offer of mortgage loans in Argentinahistorically low in the South American country due to the high inflation and economic uncertainty. The mayor of Buenos Aires, Jorge Macri, announced this Monday the new mortgage loans from Banco Ciudad for the acquisition, renovation, improvement and expansion of homes, […]
Economic keys that will mark the week in America
This week, marked by the celebration of Labor Day and the publication of business results, the advanced GDP data for Mexico and the inflation data for Peru for April are published. These are the economic keys that will mark the week in America: Monday 29 The National Institute of Statistics of Mexico publishes the indicators […]
The 4 Latin American countries that will grow the most economically in 2024, according to the IMF
The global economy was affected by the pandemic and is now trying to overcome it with a growth of 3.2% in 2024. For its part, Latin America projects an increase of 2% this year, a decrease unlike 2023, as indicated in the latest report from the International Monetary Fund (IMF). Despite this context, the financial […]