Tag: Inflation

What Causes Inflation in Barranquilla?

What Causes Inflation in Barranquilla?

suffocated. They make sure that many Barranquilleros sympathize with the rising food prices, cleaning supplies and other items in the family basket. A journalistic group from El HERALDO consulted several citizens about the impact of the increases registered in the city and the country. Mildred Iliasa street vendor, assured that she is “very affected” by […]

Annual food inflation in Barranquilla hits 26.60%

Annual food inflation in Barranquilla hits 26.60%

Barranquilla is no stranger to the inflationary pressures affecting not only Colombia but globally as well, registering an annual inflation rate of 10.64% in April. In this context, food and non-alcoholic drinks are the ones that increase in price the most and their annual inflation rate reaches 26.60%, slightly above the national average for this […]

Annual inflation in April, highest in almost 22 years: 9.23%

Annual inflation in April, highest in almost 22 years: 9.23%

“In consultation with the owners of the restaurants, they explain that these kittens are due to the higher prices of rice, milk, eggs, onions, bread, oil- and beef,” the official said. For example, the prices of food such as meat, oil, rice and ei sugar which have a significant weight in the family’s shopping basket, […]

“We have restored 95 or 96% of the jobs lost during the pandemic”

“We have restored 95 or 96% of the jobs lost during the pandemic”

“I don’t think it’s a sword of Damocles, it’s a global phenomenon. If only it was a Colombian phenomenon you could say ‘we have the tools to lower it’, but it’s catching on United StatesEurope, South America, Central America, Asia, all over the world,” he said. Duque added that the reasons for inflation around the […]

Accelerating job creation is Barranquilla’s challenge: Minhacienda

Accelerating job creation is Barranquilla’s challenge: Minhacienda

The Atlantic economic growth in 2021 it was more than 7%, the finance minister assured, Joseph Manuel Restrepowhich emphasized the good sector figures of the department. “We see exports growing by 46%, industry and commerce by 16% and sales of new homes by 70%, these are very positive dynamics,” the minister said in an interview […]

IMF raises Latin America’s GDP to 2.5% in 2022, but lowers global projection

IMF raises Latin America’s GDP to 2.5% in 2022, but lowers global projection

The International Monetary Fund (IMF) increased by one-tenth to 2.5%, are growth forecasts for the GDP for Latin America and the Caribbean in 2022while warning of strong inflationary pressures the region will experience, partly as a result of the war being waged in Ukraine. In its most recent World Economic Prospects Report, which serves as […]

Keys to Avoiding a Financial ‘Trial’ at Easter

Keys to Avoiding a Financial ‘Trial’ at Easter

The good week It has an important spiritual significance, but it also represents an opportunity for tourism or various family activities. Faced with every decision made about how to spend your time in the important weekthe expenses to be incurred must be considered and planned in such a way as to adapt to the income […]

The good, the bad and the ugly of the rate hike

The good, the bad and the ugly of the rate hike

If you are wondering how the increase in the intervention rate of the Bank of the Republic It is imperative that you know that this measure is intended to curb the rise in inflation, which is already well ahead of analysts’ forecasts and stands at 8.01% per annum as of February. Inflation also exceeds the […]

UN fears war will cost a point of global economic growth

UN fears war will cost a point of global economic growth

The UN on Thursday cut its forecast for global economic growth for 2022 by one point from 3.6%, calculated six months ago, to 2.6%, due to the severe impact of the war in Ukraine, which is already taking its toll. demands of the high prices in the energy and food markets. If fulfilled, the new […]

The US Federal Reserve raises interest rates by 0.25 points

The US Federal Reserve raises interest rates by 0.25 points

The Federal Reserve (Fed, central bank) from United States announced an interest rate hike of 0.25 percentage point this Wednesday with the aim of fighting a inflation runaway, the first increase since 2018. With this increase, the official interest rate of the largest economy in the world is placed in a range between 0.25% and […]

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