Tag: inflation uruguay

On August 11, Uruguayan president, Luis Lacalle Pou, admitted today that Uruguay would not be able to meet the inflation target included in the Budget, which established a target of 6% by the end of 2022. "Concerning inflation, we have...
RIO DE JANEIRO, BRAZIL - Uruguayan companies plan to grant a salary increase of 8% in 2022. The data comes from a survey conducted by global consulting firm Mercer in which 47 leading companies in Uruguay participated between March and...
RIO DE JANEIRO, BRAZIL - On May 17, the Central Bank of Uruguay (BCU) decided to increase the reference rate by 75 basis points to 9.25%. The decision of a seventh consecutive increase was communicated after the meeting of...
RIO DE JANEIRO, BRAZIL - On May 12, Uruguayan retirees and pensioners demonstrated in Montevideo to demand increased pensions and rejected the government's position on the loss of purchasing power. The demonstrators denounced the current economic situation in the vicinity...
RIO DE JANEIRO, BRAZIL - The business climate perceived by most businessmen in Uruguay is "exceptional" because of its positive outlook and the best in more than ten years, said Tamara Schandy, economist and partner of the consulting firm...
RIO DE JANEIRO, BRAZIL - Montevideo and Canelones (southern Uruguay) authorized the sale of food products in fractioned form to respond to the economic crisis, following the request of a union of traders in the country. The measure, which in...
RIO DE JANEIRO, BRAZIL - An analysis shared by Argentine Rural Confederations highlights that the ratio continues to rise "because inflation is not adequately fought" in Argentina. Inflation in Argentina is not easing. On April 13, INDEC published the hardest...
RIO DE JANEIRO, BRAZIL - A new survey in Uruguay reaffirmed that today the economy represents the main concern of the population, as expressed this time by 40% of the people consulted. Thirty-two percent pointed to insecurity, followed by unemployment...
RIO DE JANEIRO, BRAZIL - Inflation in Uruguay accelerated in March. The Consumer Price Index (CPI) stood at 9.38% year-on-year, according to the National Statistics Institute (INE). The indicator rose from 8.85% in the 12 months to February and from...

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