Economy

Not everything is bad: record inflation of 13.1% also benefits families – Sectors – Economy

Not everything is bad: record inflation of 13.1% also benefits families – Sectors – Economy

With the highest inflation in the last 23 years, there are also cases of people who have been favored. According to Dane, the prices of the family basket had -at the end of 2022- a increase of 13.12 percentthe mayor since March 1999.This data exceeded the estimates made by the Bank of the Republic (12.3 percent), market analysts (12.64 percent) and the Ministry of Finance (12.2 percent), which I was confident that prices would start to drop in Decemberbut it was not like that.(Read also: Inflation: real increase in the minimum wage was the lowest in the last 7 years)…
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Parents’ allowance: how do you know if you are a beneficiary?  – Personal Finance – Economics

Parents’ allowance: how do you know if you are a beneficiary? – Personal Finance – Economics

Welcome has created your account in EL TIEMPO. Know and personalize your profile. The verification email was sent to Check your inbox and if not, in your spam folder. NO, CHANGE EMAIL YES, SEND We want you to find the news that interests you the most Follow your favorite topics in an exclusive place for you. Remember that to see your topics on all your devices, you must update the El Tiempo App. discover ¨my news¨ An exclusive place,where can you follow yourfavorite subjects . choose them! Hello! Here you can also find "My News" and follow the topics you…
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Food prices are through the roof;  these are the incomparable – Sectors – Economy

Food prices are through the roof; these are the incomparable – Sectors – Economy

What contributed the most to inflation in 2022 being 13.12 percent -the highest in 23 years- were food prices (4.88 percentage points) that increased 27.81 percent, according to the director of Dane, Piedad Urdinola."Without a doubt, the trend we are seeing right now corresponds to what has happened since we started the pandemic and quarantines"said the official.(Also read: These are the most expensive cities to live in Colombia; is yours?) The product that most boosted this annual food data was the cost of beef. Between 2017 and 2020, prices were stable, but with the arrival of covid-19 an upward trend…
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Services that rise 13.12% due to inflation: prepare your pocket – Sectors – Economy

Services that rise 13.12% due to inflation: prepare your pocket – Sectors – Economy

One of the most anticipated data with the beginning of 2023 was last year's inflation, since with this figure revealed by the Dane the data will be updated. prices of various products and services that are provided in the country.One of the most important increases is related to tolls. Now that it was known that inflation was 13.12 percent, Invías is preparing a resolution through which the new rates for the 30 tolls that its cargo has in the national territory will be announced.(Also read: Food prices are through the roof; these are the ones that are unaffordable) Likewise, the…
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