Displaying items by tag: inflation
To mitigate inflation and food insecurity, countries responded with 1.1% of GDP
To alleviate the impact of food insecurity and a historic level of inflation in Central America and the rest of the countries in the region have approved policy responses for an amount equivalent, on average, to 1.1% of their gross domestic product (GDP).
Inflation in Latin America from january to july increased 12.4%: ECLAC
The Economic Commission for Latin America and the Caribbean (ECLAC), the Food and Agriculture Organization of the United Nations (FAO) and the World Food Program through a statement released that in Latin America food inflation has accelerated more than general inflation since 2020.
If prices are going up, how can we cover basic food basket expenses?
Although last year was the year of economic reactivation and the strengthening of several sectors, the 'recovery' of inflation has also been felt and prices are very high, especially for the so-called basic food basket products.
Domestic food price inflation remains high worldwide
According to the World Bank, data collected between may and august 2022 indicate high inflation in almost all low- and middle-income countries; 93.3% of low-income countries, 90.9% of lower-middle-income countries, and 93% of upper-middle-income countries have recorded inflation levels above 5%, with many experiencing double-digit inflation.
Commodity price hikes affect salvadoran consumers' pockets
The Cámara de Comercio e Industria de El Salvador (CAMARASAL), expressed in a press conference that El Salvador, like many other countries, is experiencing imported inflation, as it is strongly related to external factors, such as the rise in commodities prices, as a result of Russia's invasion of Ukraine, and problems in the supply chain.
10 measures to fight inflation as a family
The increase in prices and services is affecting lower-income families the most. These are actions that we can all put into practice to face the current situation.
Defensoría del Consumidor expands deployment for Mother's Day
The Defensoría del Consumidor activated today a new operation to protect consumers' rights on Mother's Day.
UFG's 3rd report indicated that inflation rose to 5.0% as of september 2021
Universidad Francisco Gavidia (UFG), presented its "3rd Country Situation Report" in which it briefly explains that inflation in the country rose to 5.0% as of september 2021.
IMF estimates inflation to continue until mid-2022 before returning to pre-2020 levels
According to a blog published by the International Monetary Fund (IMF), representatives Francesca Caselli and Prachi Mishra say that the economic recovery has spurred a rapid acceleration in inflation this year in advanced and emerging market economies, driven by robust demand, tight supply and rapidly rising commodity prices.