INFLATION

Panama reports high poverty and inequality rates

Published on: November 11, 2022
09:56

Panama, Nov 11 (Prensa Latina) Despite favorable macroeconomic indicators, with a growth of up to 15 percent annually, according to international organizations, Panama has high levels of poverty, local media reported on Friday.

FED warns of rate hike impact on potential U.S. recession

Published on: November 9, 2022
16:17

Washington, Nov 9 (Prensa Latina) The Federal Reserve's fight to lower inflation "may lead to a downturn" as the central bank's interest rate increases are "challenged" by still-high consumer savings, still-tight labor markets and ongoing supply problems, Richmond Fed President Thomas Barkin said on Wednesday.

President of Mexico satisfied with inflation drop

Published on: October 24, 2022
10:31

Mexico City, Oct 24 (Prensa Latina) President of Mexico Andres Manuel Lopez Obrador expressed satisfaction that inflation began to descend, "although very little," he clarified.

Cuba’s consumers prices increase

Published on: October 15, 2022
01:00

Havana, Oct 15 (Prensa Latina) Cuba's Consumer Price Index (CPI) grew by 2.33 percent in August compared to the previous month, the National Statistics and Information Office (ONEI) reported on Friday. According to a report published, the indicator that allows knowing the average variation experienced by the prices of a basket of goods and services, representative of the population's consumption in a given period, stood at 233.03 compared to the benchmark year of 2010.

Eurozone inflation sets record, hitting 10 percent in September

Published on: October 1, 2022
14:36

Brussels, Oct 1 (Prensa Latina) Inflation in 19-country eurozone surged a record 10% in September from a year earlier, up from an annual 9.1% in August, EU statistics agency Eurostat reported.

British pound hits record low after tax cut plans

Published on: September 26, 2022
16:25

London, Sep 26 (Prensa Latina) The Bank of England sought to reassure financial markets after the British pound touched an all-time low against the U.S. dollar Monday, but its entreaty drop flat for investors concerned about a sweeping package of tax cuts that further jolted a faltering economy that the government’s plan was meant to prop up.

Fed raises interest rates by 0.75 point to fight off inflation

Published on: September 21, 2022
19:27

Washington, Sep 22 (Prensa Latina) In its eagerness to control the highest inflation in nearly 15 years and with no signs of letting up, the Federal Reserve (Fed) on Wednesday has pushed its interest rates by another 0.75 percentage point, lifting the target range to 3% to 3.25%.

Fed to analyze new interest rate hike

Published on: September 20, 2022
17:36

Washington, Sep 20 (Prensa Latina) U.S. Federal Reserve Open Market Committee (Fed) on Tuesday held a meeting to define new actions as part of the country´s monetary policy to control inflation.

Germany supports ECB for largest-ever interest rate hikes

Published on: September 11, 2022
11:54

Berlin, Sep 11 (Prensa Latina) German banking authorities on Sunday declared the European Central Bank (ECB) will keep its aggressive financial policy to control inflation, despite what it implies for regional economic growth.

Inflation rate in Haiti surpassed 30 percent in July

Published on: September 7, 2022
00:15

Port-au-Prince, Sep 7 (Prensa Latina) The inflation rate in Haiti stood at 30.5 percent in July, with a significant variation compared to previous months, according to a report from the Institute of Statistics.

NEWS