News of prices

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.

Inflation accelerates for second straight month

15-02-2022 21:55 Argentina’s inflation accelerated for the second consecutive month in January as the Central Bank sped up the pace of its controlled currency devaluations.

US consumer prices rose 7.5% annually to January – largest since 1982

10-02-2022 11:56 Consumer prices in the United States rose at an annual rate not seen since February 1982, with a 7.5% increase over the 12 months to January.

Venezuela breaks one of world’s longest hyperinflation bouts

15-01-2022 07:56 Venezuela has broken a four-year bout of hyperinflation, after the socialist government slowed the pace of printing money and allowed the US dollar to become the country's preferred currency.

Brazilian families slammed by debt, inflation

06-01-2022 12:04 Even though 2021 had been anticipated as the year of economic recovery in Brazil, high inflation and the complications derived from the pandemic, are forcing Brazilians to get more and more into debt, despite the rising interest rates.

Brazil's economy risks extending recession as October disappoints

15-12-2021 16:15 Brazil’s economy had a bad start to the fourth quarter, underscoring risks of an extended recession as policy makers further tighten monetary policy to battle above-target inflation. 

For Americans shocked by inflation, Argentines have some advice

13-12-2021 13:11 For many Americans, the sudden burst of inflation that has rocked the economy has been disorienting. So for some advice, we turned to people who have become experts in the art of surviving runaway inflation: Argentines.

Protesting Ecuadoreans block roads as fuel price crisis escalates

27-10-2021 15:55 Thousands of Ecuadoreans take to the streets throughout the country, blocking roads in protests called by indigenous organisations as nation's crisis escalates.

Argentina freezes prices on over 1,400 goods ahead of elections

20-10-2021 10:11 The government is freezing prices on 1,432 household items in an effort to cool accelerating inflation ahead of November’s midterm election. 

World Bank rules out risk of hyperinflation in Argentina

06-10-2021 21:22 World Bank official plays down risk of hyperinflation in Argentina and says new agreement with International Monetary Fund regarding multi-billion-dollar debt will further reduce possibility.

Priciest food since 1970s is a big challenge for governments

15-09-2021 10:41 Governments across the world know that rising food costs can come with a political price. The dilemma is whether they can do enough to prevent having to pay it.

Argentina’s Central Bank move raises concern of higher inflation

28-05-2021 16:22 A measure allowing Argentina’s commercial banks to move part of their reserve requirements from Central Bank notes to treasury bonds is raising concerns about inflation and the financial system’s health.

Central Bank warns citizens of risks of cryptocurrencies

21-05-2021 13:35 Argentina, the land of currency crises, warns about crypto risks.