Displaying items by tag: inflation
Global stocks stabilize after a solid week
Global equities stabilized at the close of another solid week for this type of assets, meanwhile, the dollar and treasury bonds remain unchanged.
IMF: Inflation in El Salvador is expected to reach 1.7 points by 2024 and 2025
The International Monetary Fund, in its latest update of data regarding world inflation, places El Salvador in an inflationary decrease of 1.7 points, being the lowest in Central America.
Currencies rise after U.S. inflation
El Salvador went from 7.32% inflation in 2022 to 2.11% in november 2023
Price inflation in El Salvador remains with an annual margin of 2.11%, which is 5.22 percentage points less than the one registered in 2022 that stood at 7.32%. This implies a lower price compared to last year.
What is inflation and how does it affect day-to-day life?
In the modern economy, the prices of goods purchased daily or of services used tend to change with some frequency. Inflation refers to the increase in the prices of goods and services over a period, or in other words, the decrease in the value of money with respect to the amount of goods and services to be purchased with it.
The future of banking: focus on sustainability and digital transformation
Grupo Promerica, through its executive director and chief business officer, Ramiro Ortiz Gurdián, participated in the conference entitled Financial Perspectives of Banking in the Region for 2024, an event held as part of the celebration of the 16th anniversary of El Economista Magazine, in El Salvador.
Inflation outlook remains high according to IMF
Near-term inflation expectations rose sharply in many economies amid the post-pandemic economic recovery and large cost shocks in 2022 (from surprise energy and commodity price hikes and supply chain disruptions).
5 tips to prepare your pocketbook for inflation or a recession
Inflation basically makes people realize that money doesn't work the way it used to. This affects housewives, employees and businesses. Moreover, it affects those who have less money and access to financial services.
Domestic food price inflation remains high worldwide
Information from the most recent month of World Bank data available (between january 2023 and april 2023) points to high inflation in most low- and middle-income countries, with levels above 5% in 70.6% of low-income countries, 81.4% of lower middle-income countries, and 84% of upper middle-income countries.
Four key trends for policy action in Latin America and the Caribbean: World Bank
Latin America and the Caribbean (LAC) has been one of the regions hardest hit by the global crises , according to the World Bank.