Bolivia must diversify its economy and production

El Diario reports: Bolivia must diversify its economy and production • Representatives and experts from the World Bank, IDB, CAF and ECLAC, meeting at the Government Palace, recommended to the national authorities to take prudential measures in economic issues, in addition to seeking other options in the international oil crisis and to evaluate issues of…

Bolivian Economics 101: Low inflation in 2015

Armando Mendez writes in El Diario: Low inflation in 2015 Without doubt, a remarkable fact of the behavior of the Bolivian economy during year 2015 was the low rate of inflation, measured by the Consumer Price Index (CPI), published monthly by the National Statistics Institute. The year ended with an annual rate of 3%, while…

Bolivia fails to calculate inflation data… on purpose?!

El Diario reports: They do not represent the reality Jubilee questions INE inflation data The Jubilee Foundation has questioned, again, the parameters of the Consumer Price Index (CPI) in Bolivia, used by the National Statistics Institute (INE) to calculate inflation and said they did not represent the reality of the country. In the middle of…

Food inflation rose 2% in two months

La Prensa reports: JUBILEE FOUNDATION FOOD ROSE 2% IN TWO MONTHS The first two months of 2015, food prices rose 2%, as estimated by the Jubilee Foundation. The February rate was 0.11% and is lower than those recorded during the previous three months. According to INE, inflation in February was 0.34%; while food prices rose…