China’s beef market has experienced a notable decline, posing significant challenges for Brazil, its principal supplier. In a dramatic shift, China’s beef imports decreased last year for the first time since at least 2016, with prices dropping to a near three-year low. The U.S. Department of Agriculture forecasts a further 4% decline in import volumes […]
Related Posts
Annual inflation rate in Honduras at 5.15% in July, the lowest in 19 months
In July, Honduras saw an annual inflation rate of 5.15%, the lowest in 19 months, as reported by the country’s Central Bank (BCH). This marks the fifth consecutive month of deceleration and is less than the rate during the same period in 2022 (10.86%). The Consumer Price Index (CPI) in July was 0.46%, while cumulative […]
Ecuador’s Inflation Drops to 1.35% in January 2024
Ecuador’s January 2024 inflation rose modestly by 0.13%, up from December 2023’s -0.02% and higher than January 2023’s 0.12%, according to INEC. This development indicates a continued trend of low inflation in the country. Yearly, the inflation rate dropped to 1.35%, a significant decrease from January 2023’s 3.12%, aligning with December 2024’s rate. This demonstrates […]
Venezuela’s Industrial Sector Eyes 10% Growth in 2024
The Venezuelan Confederation of Industrialists (Conindustria) forecasts a potential 10 percent growth for the industrial sector in the upcoming year, contingent on the continuation of eased U.S. sanctions against Venezuela. Luigi Pisella, the president of Conindustria, shared with local broadcaster Unión Radio that the industry is anticipating growth. “With the current scenario of eased sanctions, […]