Displaying items by tag: inflation

Latin America and the Caribbean (LAC) has been one of the regions hardest hit by the global crises , according to the World Bank.

According to the most recent edition of the World Bank's Commodity Markets Outlook, the pace of decline in global commodity prices this year is expected to be the fastest since the onset of the COVID-19 pandemic.

The president of the Centro para la Defensa del Consumidor (CDC), Danilo Pérez, stated that inflation, since the increase began to be perceived until march of this year, has affected the population's pocket by an estimated US$50 per month.

Federal Reserve (Fed) Chairman Jerome Powell said the U.S. would be prepared to increase the pace of interest rate hikes and send borrowing costs higher than previously thought if economic data warrants it.

According to an analysis by the media outlet Mundo Marítimo supply chains around the world are recovering almost as fast as they broke. However, that doesn't mean the pressure they put on inflation will disappear just as quickly.

The Defensoría del Consumidor explains that the Central Government continues to protect the economy of salvadorans through the application of measures against inflation.

The Ministerio de Agricultura y Ganadería (MAG) launched the AgroMercados to be established at strategic points nationwide, to facilitate direct trade of different national products.

The Fundación Ciudadana por un Consumo Responsable (FCCR) implemented the initiative "Economy and Society: Key Indicators", to systematize regional information on issues relevant to consumers. Report No. 9 offers a look at current economic topics in Latin America and the Caribbean.

According to the World Bank, data collected between september and december 2022 indicates high inflation in almost all low- and middle-income countries.

If inflation has been a wave that sweeps the world and central banks have raised interest rates to try to control it, it is possible that your finances are facing a complicated time or, at least, a situation of uncertainty about the future.