Inflasjon
Banxico ends rate cut cycle and sets rate at 6.50%
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Banco de México cut its interest rate by 25 basis points to 6.50 percent, ending a cycle of reductions that began in March 2024. The move followed April inflation slowing to 4.45 percent annually. Two board members voted against the decision.
Finance Minister Koo Yun-cheol said Monday that temporary price caps on fuel products will remain in place for some time due to instability in the Middle East.
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Banco de la República codirector César Giraldo said raising interest rates is no longer effective against current inflation, which is driven by external factors like oil and weather.
In the ongoing West Asia conflict—now including heightened Iran-US tensions—gold prices were nearly flat on Friday but headed for a 2% weekly loss. Surging oil prices continue to drive inflation fears and expectations of prolonged high interest rates, tempering safe-haven demand.
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Prolonged disruption to energy flows via the Strait of Hormuz has reduced naphtha availability, a key ingredient for plastic packaging. This is set to drive up food prices in Japan. The Japan Times reports.
Colombia recorded an annual inflation rate of 5.3% in February 2026, ranking second among OECD countries, behind only Turkey at 31.5%. The figure exceeds the OECD average of 3.4%.
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An analysis by ITESO's Business School shows Mexico's food basket cost rose 67% from August 2018 to March 2026, outpacing general inflation of 45%. In urban areas, it increased from 1,500 to 2,571 pesos per person monthly. This hike particularly impacts low-income households.
Annual inflation in Colombia rises to 5.68% in April
torsdag, 7. mai 2026, 07:14Central bank raises rates by 200 basis points amid rising inflation
tirsdag, 5. mai 2026, 20:53Indian rupee continues steady depreciation
tirsdag, 5. mai 2026, 19:38DOE supports VAT relief on electricity
tirsdag, 5. mai 2026, 03:40South Korea's consumer prices accelerate to 2.6% in April amid oil shock
torsdag, 30. april 2026, 01:58ECB keeps deposit rate at 2.0 percent despite rising inflation
onsdag, 29. april 2026, 22:27Copom cuts Selic by 0.25 pp to 14.5% per year
tirsdag, 28. april 2026, 22:00Crude oil hits $110 for eighth day amid potential US extension of Iran blockade
tirsdag, 28. april 2026, 09:07Philippine peso hits new record low of P61.30 versus US dollar
mandag, 27. april 2026, 11:00Government eliminates bank commissions for card payments at gas stations