In South America, the region where the world champion was born Lionel Messiadmired among rich and poor, enjoy the soccer of teams in the stadium is a privilege. High ticket prices for the World Cup games distance the popular classes from their idols. In the first round of the 2026 World Cup qualifiers, played last […]
Tag: Price hike
Much of the savings goes to face rising prices
Inflation, despite showing signs of moderation in recent months, continues to be a challenge for the Peruvian economy, even leading them to resort to their savings to face this situation. Thus, people would be allocating a greater part of their deposits from their salary account to consumption. According to a report made by Scotiabank, personal […]
Japan turns to fertilizer made from human feces as prices rise
He “shimogoe”which literally means “compost from a person’s butt” it is cheap, ecological and comes from a centuries-old tradition of Japan which gains popularity rising prices of the fertilizers by war in Ukraine. The use of human excrement to fertilize crops was common in the archipelago, as in other countries. But the development of sewage […]
Inflation 2023: what are the products that rose and fell in price the most in June?
The inflation of the last 12 months in Lime Metropolitan reached 6.46% in June 2023, a slight drop of 0.15% that places it as the lowest in 18 months (since February 2022), according to the National Institute of Statistics and Informatics. (INEI). According to said report, the price decrease was registered in the following consumer […]
MEF: the economy will “recover strongly” in the third and fourth quarters
The head of the Ministry of Economy and Finance (MEF), Alex Contrerasreported this Tuesday that despite the contraction of GDP so far this year — it fell 0.24% from January to April — better results are expected for the third and fourth quarters. “We expect a very strong recovery in the third and fourth quarters. […]
Tough debate in OPEC+ on whether to further cut oil production to support prices
Alliance Ministers OPEC+ engaged in tough negotiations this Sunday in Vienna to stop the fall of the oil pricesand the possibility of a new production cut. The thirteen members of the Organization of the Petroleum Exporting Countries (OPEC), led by Saudi Arabia and which includes Venezuela, and the group of its ten partners, led by […]
Rising prices: which cities in Peru suffered the highest inflation in May?
In May, consumer prices increased in 21 of the 26 cities From Peru. The highest variations were registered in Chimbote (0.77%), Chiclayo (0.68%), moyobamba (0.67%) Trujillo (0.57%), Huánuco (0.56%) Cajamarca (0.52%) and Pucallpa (0.51%), according to the latest report from the National Institute of Statistics and Informatics ( INEI). In contrast, cities with falling prices […]
Emolienteros evaluate increasing the price of the traditional drink and demand support from the Government
Due to the rise in prices of the basic family basket, the emollienteros evaluate increasing the price of the glass of this traditional drink at S/2.00. This was confirmed by Edgar Sáenz, president of the National Federation of Emolienteros and Allied of Peru (Fentep). In an interview with RPP, the leader argued that the prices […]
Argentina: eating is a daily struggle for many, due to soaring prices
Gimena Páez is one of the women waiting her turn to pick up some meat in a community kitchen located in a neighborhood of Buenos Aires where, unlike others, the poverty not obvious. Every day she comes equipped with a bag to guarantee her daughter a ration of nutritious food. In the small premises located […]
Minimum wage in Peru: how much do labor unions propose to increase and what does the MEF think?
Due to the price hike of the basic family basket, different labor unions have advanced that they will propose to the Government to raise the Minimum Vital Remuneration (RMV), which today stands at S / 1,025, a value established since April 2022 during the administration of former President Pedro Castillo. These proposals have generated the […]