Annualized inflation moderated to 3.05%. In this way, the predictions of BCP, Scotiabank and the BCRP itself fail, whose economic areas estimated that inflation would return to the target range at the end of March. Julio Velarde himself had been waiting for this news since last December. Join the La República WhatsApp channel Price of […]
Tag: Inflation
The Argentine middle class: an emblem that fades with the crisis
Agustina Bovi has two jobs, but she cannot spend on sports or leisure. Samanta Gómez can no longer pay for education or health: the middle class, historical emblem of a Argentina egalitarian, is sinking under the weight of inflation and adjustments. “This is my best job and my worst economic moment,” says Bovi, a 30-year-old […]
Inflation in Mexico rebounds to 4.48% in the first half of March
The rate of inflation general mexican It rebounded in the first fortnight of March to 4.48% annually, breaking three fortnights of decline, the National Institute of Statistics and Geography (Inegi) reported this Friday. The data, above market expectations, is greater than 4.4% of all of February, when it had ended with three consecutive months on […]
Inflation will return this year to its pre-COVID-19 level
After 2020, inflation climbed to a peak of 8.46%, its highest level in just over two decades, and only four years after the pandemic is it expected to normalize and close at 2.2%, according to the Bank Central Reserve Bank of Peru (BCRP). What do we call regularized inflation? It is when the Consumer Price […]
FED begins new meeting without room to lower rates due to high inflation
The members of the Federal Open Market Committee of the Federal Reserve (FED) American begin their March meeting this Tuesday, in which, as the institution had warned, no changes are expected, due to the persistence of the high inflation. In their last meeting, which took place on January 30 and 31, it was decided to […]
Soup kitchens in Argentina, the bitter taste of Milei’s adjustments
Under the rain and in the middle of the street, Mario Cardozo eagerly eats a stew from a plastic container that he holds in his hands. While he punctures the pieces of chicken that float in the broth, the 71-year-old retiree watches over the wheeled cart where he has kept other containers of food that […]
Yellen warns that the fall in inflation may not be smooth
The secretary of Treasure United States, Janet Yellenwarned that the decline in inflation It may not be “gentle”but he hoped that rents, one of the biggest contributors to rising prices, would fall throughout the year. “I wouldn’t expect this to be an easy path month to month, but the trend is clearly favorable. That said, […]
Inflation rebounds in the US in February and cools expectations of rapid rate cuts
Inflation picked up in February in USA and the data cools expectations of a rapid cut in interest rates by the Federal Reserve. The February number is known in the middle of the electoral campaign, with purchasing power as one of the central issues in the fight for the White House. The rise in consumer […]
Putin, a warrior tsar in search of international greatness
Vladimir Putin, in power in Russia For a quarter of a century, he has entered the presidential elections as an authoritarian leader in the midst of the invasion of Ukrainethe repression in his country and the confrontation with the West. The Russian leader, who reformed the Constitution in 2020 to allow him to remain in […]
China: CPI rises 0.7% in February after four months of deflationary trend
He consumer price index (CPI)the main indicator of the inflation in Chinaincreased 0.7% year-on-year in February, breaking the trend of the previous four months, in which the data marked a decrease. The indicator, released today by the National Statistics Office (ONE) of the Asian country, was above what was expected by analysts, among whom the […]