News of prices

Inflation hits 79% ahead of likely rate hike

15-09-2022 15:20 Annual inflation in Argentina surged to 78.5 percent in August, almost certainly cementing another Central Bank interest rate hike as early as this week. 

Hunger returns to haunt Brazil amid divisive vote

15-09-2022 02:52 More than 33 million Brazilians live in hunger and the figure has become the subject of a bitter political battle as Latin America's biggest economy heads for a crucial October election.

World food prices post biggest decline since 2008 in July

05-08-2022 20:39 Global food prices fell the most since 2008 after concerns over supplies of grains and vegetable oils eased as Ukraine moved toward restarting exports.

Guatemala president warns millions could die as visits Ukraine

26-07-2022 16:34 Guatemalan president warns of potential deaths from “food crisis” caused by Russian invasion, in Ukraine visit.

Brazil annual inflation rate rises to 11.89%

11-07-2022 17:01 June brings accelerated inflation to Brazil, driven mainly by increased food costs, as Jair Bolsonaro’s re-election looms.

Overnight 20% price jump supercharges inflation crisis

08-07-2022 11:15 Before the peso plunges even further and before retailers can jack up prices further, Argentines are rushing out to buy their essentials as soon as possible. 

Fernández vows to comply with IMF objectives as crisis talk grows

01-07-2022 11:33 Peronist leader says Argentina is committed to reducing fiscal deficit and boosting Central Bank reserves, despite renewed talk of financial crisis.

Ecuador talks falter after soldier killed by 'violent demonstrators'

29-06-2022 13:22 Negotiations to end more than two weeks of disruptive living cost protests by indigenous Ecuadoreans were dealt a blow Tuesday when the killing of a soldier prompted the government to suspend participation.

Indigenous protester dies at anti-government demos in Ecuador

22-06-2022 11:01 Indigenous protester dies in clashes with law enforcement officers as demonstrations against the Ecuadorean government head into tenth day.

How do interest rates affect the real economy?

16-06-2022 12:42 Faced with the highest inflation in four decades, central banks in the United States, eurozone and UK are hiking interest rates in order to contain inflation.

Inflation a severe risk to Latin America's stability, warn analysts at Davos

24-05-2022 09:25 Inflation threatens the immediate future and political stability of Latin America, experts warn at event in Davos.

Brazil's Bolsonaro fires third Petrobras chief as fuel prices soar

24-05-2022 08:56 Brazilian President Jair Bolsonaro dismisses president of state oil giant Petrobras – who had been in the job for only 40 days.

Brazil April inflation rate hits 26-year high

11-05-2022 16:18 Brazil's inflation rate hit a 26-year high for the month of April, the government said Wednesday, as spiralling prices continued to defy the central bank's push to rein them in.

Global grain shortage an opportunity for Argentina's 'green gold'

06-05-2022 15:48 Soybean harvest will be smaller than last year, but it will bring in record prices as a result of Russia's attack on Ukraine. Agro-industrial exports could reach as high as US$41 billion this year, according to experts.

Ricardo López Murphy: 'Argentina’s economic regime is very absurd’

15-04-2022 15:10 Lawmaker, economist, former minister and ex-presidential candidate Ricardo López Murphy on Argentina’s struggles with inflation and the future of the opposition Juntos por el Cambio coalition.

by Jorge Fontevecchia

‘Inflation is paralysing Argentina’s economy,’ says IMF official

15-04-2022 01:10 Opposition critics let rip at government after damning INDEC data reveals extent of consumer price hikes.

Inflation fears grow as Feletti takes aim at Guzmán

08-04-2022 23:51 Report by UMET university warns that prices rose 6.8% in March, with hikes affecting lower-income workers the most.

A demonised demon

08-04-2022 23:25 Vaccines against the coronavirus pandemic were discovered within a year but antibodies against inflation are still being sought after almost eight decades.

by Michael Soltys

Prices jumped 4.7% in February, compounding inflation concerns

18-03-2022 08:13 Inflation over the last 12 months now totals 52.3%, with prices up by 8.8% in just the first two months of the year.

War in Ukraine compounds global food inflation, hunger crisis

08-03-2022 20:50 The world's next food emergency is here as war compounds hunger crisis.