The president of the European Central Bank (ECB), Christine Lagardesaid this Thursday that the institution expects inflation to continue moderating in 2024, but insisted that its decisions on possible changes in interest rates will depend on the data it receives. In her last debate on monetary policy with the Economic Affairs Committee of the European […]
Tag: Inflation
Inflation in Argentina moderates in January but exceeds 250% annually
The inflation in Argentina moderated in January but in 12 months the increase in prices exceeds 250%, one of the highest rates in the world. According to official figures, inflation in January reached 20.6%, below the 25.5% in December, but with an interannual rate of 254.2%. The items with the greatest increases in January were […]
Inflation in the US slows but remains high; prices are reduced very gradually
Annual inflation in the United States fell last month but remained high, in the latest sign that pandemic-driven price increases are being brought under control, albeit gradually and unevenly. The report released Tuesday by the Labor Department showed that the consumer price index rose 0.3% from December to January, an increase from the previous month’s […]
BCRP: weakening of El Niño will catapult GDP
After the political, social and environmental shock that sank, in 2023, the GDP Peru to its worst result in more than two decades – not counting the pandemic – at least the factor linked to the weather seems to have moderated and would not imply risks for this year’s path. The Central Reserve Bank of […]
OECD: better financial conditions will boost some Latin American economies
The Organization for Economic Cooperation and Development (OECD), in its most recent report, indicated that the world economy will show a slowdown this year and that it will be reflected in some Latin American economies. For example, Brazil has begun cutting interest rates and Mexico is expected to follow that path, which could boost growth […]
Inflation continues to fall: it barely advanced 0.02 during January
The Consumer Price Index is one step away from the target range set by the BCRP. Join the La República WhatsApp channel Price of the dollar in Peru: what is the exchange rate quote this Thursday, February 1? How much should I earn per month in 2024 so that my fifth category rent is not […]
What economic measures to expect if Donald Trump is elected US president?
donald trump had made of the economy a campaign argument in 2020. It will continue to be an important issue this year, as the inflation and high interest rates continue to be at the center of Americans’ concerns. Here are three issues that are likely to be among your financial priorities if you return to […]
Argentina has inflation of a dictatorship, which will continue with Milei but with another model
Argentina ended 2023 with the highest inflation in the world, 211.4% annually, and is on track to repeat triple digits in 2024; but this time under the Libertarian Government Javier Mileiwho aims to eradicate the model of authoritarian regimes in Latin America to bring it to that of “free countries”. That is, at least, what […]
Vacations in Mar del Plata: a “lost season” for Argentines
Light traffic and a half-empty city: that is the panorama in Mar del Plata, the main summer destination for Argentines. With 211% annual inflation and a strong salary depreciation, the season “she’s lost” for the merchants forks “a sadness” for the tourists. “On vacation you should be calm, have a good time. I’m not telling […]
Chile quells inflation better than the other four large regional economies
Of the five large Latin American economies, Chili has been the one that has recorded the best inflation figures, going in a year and a half from registering 14.1% in August 2022, its highest in three decades, to closing 2023 at 3.9%. They are followed by Brazil and Mexico, both with a Consumer Price Index […]