Thursday, May 19, 2022
name of Prensa Latina
Bandera inglesa
English Edition
name of Prensa Latina

NEWS

NEWS

United Workers Federation of Colombia calls for protests against price hike

Colombia-CUT

United Workers Federation of Colombia calls for protests against price hike

Bogota, Feb 17 (Prensa Latina) The Central Union of Worker (CUT) on Thursday called on the people to hold peaceful rallies on March 3 in all Colombian cities against the rising inflation.
Share on facebook
Share on twitter
Share on whatsapp
Share on telegram
Share on email

According to the National Administrative Department of Statistics (DANE), inflation in the country reached a new five-year high of 6.94 percent, above the annual target of 3.0 percent set by the Central Bank.

The Central Union of Worker (CUT) noted that high costs and inflation were caused by the national government when it increased the price of gasoline by more than 10 percent, and public utilities by more than 11 percent, which is very high compared to the average inflation.

It also stimulates speculation and authorizes bank interest rates close to 27 percent, in addition to failing to control the rate of devaluation of the peso against the dollar, the Central Union of Workers emphasized.

jg/afl/mgt/otf

RELATED
ÚLTIMO MINUTO
name of Prensa Latina

| Text SMS to 8100 with content PL
Receive 4 mesages x 25 cup

© 2016-2021 Prensa Latina
Latin American News Agency

Radio – Publications  – Videos – News by the minute.
All Rigts Reserved.

St. E No 454 , Vedado,  Habana, Cuba.
Phones: (+53) 7 838 3496, (+53) 7 838 3497, (+53) 7 838 3498, (+53) 7 838 3499
Prensa Latina © 2021 .

Web Site developed by IT Division  Prensa Latina.