News of living with inflation

Price hikes continue as Argentina competes for another world title

13-01-2023 15:00 New data shows that Argentina is suffering from one of the worst inflation rates in the world: in 2022, prices increased by an almost unthinkable 94%.

ECONOMIC INDICATORS

Prices have risen by 88% over last 12 months, reveals INDEC

15-11-2022 17:06 Inflation was 6.3% in October, according to national statistics bureau; Price hikes stand at 76.6% since the turn of the year, with 2022 likely to end with a rate in triple digits.

BLOOMBERG – ANALYSIS

Argentina’s annual inflation spikes to 88%, topping G20 countries

15-11-2022 17:00 Consumer prices rose 88% in October from a year ago, surpassing Turkey’s 85.5% rate for the highest among Group of 20 nations.

ECONOMIC INDICATORS

Food and fuel price rises put pressure on August inflation figure

03-09-2022 15:34 Most analysts and consultancy firms expect price rises totalled at least 6% last month, with some anticipating a monthly rate that’s closer to 7%.

Argentina Protests

Argentine protesters demand universal living wage

28-07-2022 18:17 Central Buenos Aires saw a crowd of demonstrators calling for a “universal salary” this Thursday as heads roll in cabinet reshuffle.

Panama Protests

Panama government and protesters strike deals to clear key highway

18-07-2022 13:48 Panama's government agreed to lower fuel prices to end the Panamerican Highway blockade. Indigenous-led protests have halted food transportation over the last fortnight.

LIVING IN CRISIS

Nervous buying and price hikes in Argentina amid inflation fears

07-07-2022 23:49 Economic turmoil has provoked a wave of fear, triggering a surge in the value of the dollar on Argentina's parallel exchange markets and a sharp rise in prices.

CRISIS IN VENEZUELA

Venezuela's public sector surviving on 'starvation salary’

25-06-2021 23:46 Highest monthly salary for someone working in public administration is less than US$10 – many working in the public sector now take second or even third jobs to make ends meet.