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Fuente: Agencia Andina
WTO Director praises Peru for economic growth and strong financial management

The statement came after a meeting with President Dina Boluarte at the Government Palace.

Informalidad. Foto: Andina.
Labor informality in Chile grew 0.7% in the first quarter

The number of people working in this situation reached 2,614,641. According to age groups, the increases mainly affected the groups 65 years and older (17.1%) and 45-54 years (6%).

Exportaciones. Foto: Andina.
Peru seeks to strengthen its commercial and tourist ties with Chile

Peruvian exports to the neighboring country to the south totaled US$300 million until February.

Foto inflación
Rising food prices push inflation up to 5.8% in OECD countries

In March 2024, energy prices moved into positive territory for the first time since April 2023 with a reading of +0.6%.

Construcción. Foto: Andina.
Construction sector in Peru grew 3.8% in the first quarter

Consensus of official and private entities points to growth of 4% this year, said the Peruvian Chamber of Construction (Capeco).

Fuente: Cámara de Diputados de Bolivia
Anti-extension bills truncate approval of Bolivia's accession to Mercosur

The 101st ordinary session of the Bolivian Chamber of Deputies was held with the presence of 102 legislators, of which 45 approved to continue with the assembly, while 57 voted against.

    Carne. Foto: Andina.
    FAO reported increase in food prices for the second consecutive month

    In April it grew 0.3% compared to the previous month, but 18.3% less than a year ago.

    Exportaciones. Foto: Reuters.
    Exports in Uruguay grew 27% in April

    Sales of beef, live cattle and pulp were relevant during the month. In contrast, dairy products and rice closed the month with negative numbers.

    Fuente: BCB
    Bolivia's international reserves grew 5% during the first quarter of the year

    In the report presented to the Legislative Assembly, the Central Bank of Bolivia reported that until April of this year it purchased a total of 8.65 tons, of which 4.56 were acquired between January and April 2024.

      Foto vía comunicado.
      Marisela Alvarenga, from the IDB Invest: the economic growth of Latin America is a “leap of faith” towards the fintech-bank alliance

      The drive towards a strategic alliance between fintech and banks emerges as the key catalyst for economic growth and financial inclusion in Latin America. With the support of data that reveals notable progress in the adoption of digital solutions, led by fintech, the region is preparing to take a significant leap towards an interconnected and collaborative regional financial ecosystem.

      Fuente: COFIDE
      COFIDE, Peruvian development bank, issues social bond for US$ 300 million

      After four years without issuing in international markets, this new issue obtained an oversubscription of 4.3 times, with a historical record of spread against the sovereign.

      Fuente: El Economista
      Lower consumption in the US caused a 2.9% decrease in Mexican exports in March

      Even so, the Aztec country remained the first partner of its northern neighbor in merchandise trade, with a share of 15.8%, followed by Canada and China.

      Santiago de Chile. Foto: Unsplash.
      Chile registered growth of 0.8% in March, more discreet than the previous month

      The result of the Monthly Index of Economic Activity (Imacec) was explained by the increase in mining and other goods, offset by the falls in commerce and industry.

      Fedexpor vía X.
      Ecuador and China formalize trade agreement with announcement of import fair

      The participation of phytosanitary authorities is proposed to better understand options so that products that are already considered can enter the Asian giant.

      crédito foto Reuters edificio OCDE
      OECD forecasts modest growth for Latin America in 2024-2025

      The organization said this morning in its semiannual outlook report for the region that the seven largest Latin American economies -Brazil, Mexico, Colombia, Argentina, Chile, Peru, Costa Rica- will grow on average 1.4% this year and 2.4% in 2025, a slowdown after the 1.9% registered in 2023.

      crédito foto Reuters Fed building
      The Fed maintains interest rates at 5.25%-5.50%

      The Committee did not consider it appropriate to reduce the target range until it had gained greater confidence that inflation was moving sustainably towards 2%.

      Captura de pantalla AMLO
      President of Mexico signs decree to create the Pension Fund for Wellbeing

      "The idea is that the universal pension continues to increase to guarantee the basics, food, for example, that the purpose we have is achieved, in that we are going to make a lot of progress," said Andrés Manuel López Obrador within the framework of Labor Day. .

      Foto Andina
      The Government of Peru will evaluate an increase in the minimum wage in the second half of this year

      The Minister of Labor, Daniel Maurate, explained that this measure will depend on the recovery of the economy.

      crédito reuters fuerza laboral Latinoamérica
      Workers or employers, who is winning the battle?

      The replacement of the workforce has already arrived, impacting productivity, presence and, especially, mobility. What is required now is a rearrangement to find a balance point of convenience for all, because "until now, the 'cock' is being won by the workers," says a labor market specialist.

      Mex. Foto: Reuters.
      Mexico's GDP grew 0.2% in the first quarter

      The industrial sector concentrated on secondary activity registered a second consecutive quarter of contraction, according to Inegi.