AGP Executive Report
Last update: 7 hours agoHousehold Costs: Mexico’s annual inflation rose to 3.75% in October, with airfares up 26%. Colombia’s inflation edged to 6.3%; restaurants and hotels were the biggest annual pressure point, up 9.39%. Digital Payments: Contactless use in Trinidad and Tobago reached 67% of Visa transactions by June, as the country looks to bring more consumers and small businesses into digital payments. Consumer Goods: Peru’s Alicorp agreed to buy Flora Food Group’s Latin American business for $151 million, a notable shift in the region’s food brands. In Mexico, producers say meat consumption is rising alongside wages and government support. Food Prices: Global food prices fell 1.2% in October, led by lower cereal, dairy and meat prices—some relief against persistent local inflation.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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