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Industrial activity in Argentina reaches 7-year high in first half of 2023
In the first half of 2023, Argentina’s industrial sector saw a significant rise, recording its best performance since 2016. The overall growth in the industrial activity index (IPI), which is based on energy consumption data provided by the Compañía Administradora del Mercado Mayorista Eléctrico (Cammesa), was 1.9% compared to the same period in 2022 and […]
U.S. Economic Activity Remains Steady Amid Election Concerns
Economic activity in the United States showed little change from September to early October. Businesses noted an increase in hiring, continuing recent trends. These developments have strengthened expectations that the Federal Reserve will opt for a smaller interest rate cut of 25 basis points in November. The Federal Reserve’s latest assessment of the economy revealed […]
El Salvador experiences 7.5% decline in exports from January to May 2023
El Salvador’s exports have declined by 7.5% between January and May 2023 compared to the same period last year, amounting to a decrease of over US$230 million, as per data from the Central Reserve Bank (BCR) reported by EFE. The country’s exports decreased from US$3.081 billion in 2022 to US$2.850 billion in 2023. The United […]