Latvia’s new excise taxes will spur inflation

How do Latvian economists assess the situation with prices? And what forecasts do they give? Ieva Opmane, economist: — Prices were expected to rise slightly in March as excise taxes on alcoholic beverages, tobacco products and sweetened soft drinks increased this month. Fuel prices also increased slightly during the month, while district heating tariffs continued … Read more

Food has become less accessible; we went back 5-7 years ago

This also explains why food trade is declining. According to the Central Statistical Office (CSO), the average net salary in 2023 increased by 2.2%, however, taking into account the level of wages of the population and changes in prices for various groups of goods and services, as well as the increase in loan rates, we … Read more

Economic evaluation of Mexico by BBVA México and challenges of the next government

Eduardo Osunageneral director of BBVA Mexicospoke with Advertising meter prior to the 87 Banking Convention which takes place this April 18 and 19 in Acapulco, Guerrero, and among the topics it addresses, the urgency of reducing the public deficit to maintain the economic stability of the country, as well as clean up the finances of … Read more

Accuracy: How much will we pay the arrow this year – 2024-04-21 05:27:18

The Minister of Development, Kostas Skrekasspoke of a further easing of inflation in the coming months, with the latest bimonthly figures for all products showing it fell to 5.3% from 8.3%, sending the message that controls on profiteering and misleading discounts, will continue unabated and where necessary, fines will also be imposed. In his statements … Read more

An increase of 3.4% in Greece in March – 2024-04-19 18:20:34

The final inflation data for March in Greece and the Eurozone, published today 17 April 2024 by the European Statistical Office (Eurostat), confirm the provisional data released earlier. As was announced in its provisional announcement Eurostat on April 3, Greece’s March inflation rate accelerated from April to 3.4% from 3.1%. General inflation in the country … Read more

Government Orders Prepaid Companies to Reverse Fee Increases: Impact on Middle Class

2024-04-18 04:03:34 The Minister of Economy, Luis Caputocelebrated the provision that the increases that the prepaid companies must comply with and thanked the officials of the Ministry of Commerce. “Great job Juan Pazo and Pablo Lavigne, using the institutional tools accordingly, and of course a great relief for the middle class”, he expressed on his … Read more

If Pakistan implements reforms, economic recovery will begin this year, Asian Bank Outlook – Business & Economy

The Asian Development Bank (ADB) has predicted that Pakistan’s growth rate will be 1.9 percent this fiscal year. Inflation is likely to remain at a high level of 25 percent. The Asian Development Bank has released the annual Asian Development Outlook Report 2024, according to which Pakistan will have to depend on international financial institutions … Read more