Inflation of Brazil it accelerated at a rate of 1.25% between September and October, which is the highest level for the tenth month of the year since 2002, according to data released this Wednesday by the Brazilian Institute of Geography and Statistics (Ibge). According to a report by Europa Press, so far this year the […]
Tag: Inflation
Unstoppable inflation in Chile: 1.3% rise in October beats a monthly record in 13 years
With information from AFP The Consumer Price Index (CPI) of Chile registered a rise of 1.3% in October compared to the previous month, the highest monthly figure in 13 years for the second consecutive month, the National Institute of Statistics (INE) reported on Monday. With this variation, Chile accumulated inflation of 5.8% so far this […]
APEC: Forum economies forecast 6% growth in 2021 with high inflation
The economies belonging to the Asia-Pacific Economic Cooperation Forum (APEC) foresee a growth for their economies of 6% during 2021 in parallel with the rise in the inflation, according to a statement released this Monday, November 8. Thus, in the first half of the year, the bloc made up of the United States, China, Chile, […]
FAO: World food prices reach their highest level since 2011
World food prices rose strongly in October to reach their highest level since July 2011, the UN Food and Agriculture Organization (FAO) announced on Thursday. The FAO food price index increased 3% compared to September, to 133.2 points. In year-on-year terms, the increase is 31.3%, the organization said in a statement. The indicator, which measures […]
As of October, inflation accumulates a growth of 5.23%
The consumer price index (CPI) rose 0.58% in October 2021 in metropolitan Lima; Thus, between January and October, inflation accumulates an advance of 5.23% and in annualized terms (November 2020-October 2021) registers a growth of 5.83%, as revealed by the INEI. Both the evolution of this year and the annualized rate are above the target […]
October inflation data in Latin America give no truce
Updated on 02/11/2021 03:07 am Annual inflation in Paraguay and Peru soared in October to levels not seen in at least a decade, while rising energy and food prices pose a challenge to central banks. Inflation of Paraguay it reached 7.6% over the previous year, as imported fuel prices soared 33.3% and local food products […]
Inflation October: Rentals, LPG and electricity which increased the most in the month
According to the National Institute of Statistics and Informatics (INEI), in the month of October 2021, the Consumer’s price index (IPC) at the National level and Metropolitan Lima, presented an increase of 0.58%, which represented an accumulated variation at the tenth month of the year of 5.73% and 5.23%, respectively. The entity stated that the […]
As of October, inflation accumulates an advance of 5.23%
The inflation on Metropolitan Lima rose 0.58% in October 2021 and a cumulative annual variation of 5.23%, according to figures provided by the National Institute of Statistics and Informatics (INEI) released this November 1. In this way, the indicator presented a slight rise in the tenth month of the year, with respect to September, which […]
Interest rates are not the only weapon to fight inflation
As the cost of living increases around the world, governments are not leaving the task of controlling inflation to their central banks. They are responding in other ways as well. There is a long list of other policies aimed at curbing prices. Many of these, along with new ones, are now being reapplied from the […]
Cubans resent rigor of inflation of 6,900% in informal foreign exchange market
The cubans reacted this Thursday with “pain” and “disbelief” to the announcement by the authorities that the inflation In the last 10 months, it stood at 60% for retail prices and up to 6,900% in the informal foreign exchange market, amid a severe shortage of food and medicine. “I was educated, I grew up in […]