inflation

Córdoba: Inflation in May was 9.57%

Córdoba: Inflation in May was 9.57%

The Warehouse Center updated that inflation in May was 9.57% This is indicated by the Economic and Social Report that it produces every month. It means a price rise of 43.30% so far this year. The Total Basic Basket, which determines the poverty line for a family of four, stood at $231,403. On the other hand, the same family model needed $127,587 to overcome the poverty line. The foods that increased the most during May were sugar (46%), butter (25.35%), salt crackers (24%), cornmeal (22%) and sunflower oil (20%) . The report also reveals that 46.9% of the households consulted…
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Inflation for April will be known and the City Government announced measures

Inflation for April will be known and the City Government announced measures

The journalist specialized in economics, Fernando Meaños, reported on the measures taken by the City Government regarding the blue dollar, the return of the tax that was charged to credit cards and the situation of rents in Fontevecchia modeby net tv and RadioProfile (FM 101.9). Today the inflation number for April is known. In addition to the data of inflation and the latent tension in the exchange market with that blue dollar, which today is close to $479, approximately $40 above financial dollars (MEP and counted with liquidation), there is announcement information of the City government. These are measures approved…
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After 6.6%, inflation continues: Shell increases its fuels by 3.8%

After 6.6%, inflation continues: Shell increases its fuels by 3.8%

The oil company Raizen, licensee of the brand ShellI inform that from this Wednesday the price of all its fuels increased by 3.8% on averagein an increase that was announced hours after the INDEC announced February inflation of 6.6%. The decision is made within the framework of the agreement reached between the oil companies and the Government, by which the fuels are part of the Fair Prices program and can increase that percentage in March. In this way, it is expected that the other companies will join the increases in the next few hours. Gas prices are up again. How…
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Given the announcement of inflation, do interest rates rise?

Given the announcement of inflation, do interest rates rise?

This Tuesday 14 at 16 will be known the inflation data for February. Being able to reach a tie with interest rates, the Central Bank of the Argentine Republic (BCRA) could consider an interest rate validation Given the escalation of nominality, a change in the strategy proposed jointly between the BCRA and the Ministry of Economy. The interest rate is the variable par excellence to make monetary policy. After the arrival of Sergio Massa at the Palacio de Hacienda, the authorities reinforced the role of the interest rate within its set of economic policy that, according to a report by…
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