Mexico
Current Economic Situation in Mexico Unsplash Mexico’s economic conditions push many toward cryptocurrency, especially as inflation and remittance dependency affect personal finances. 2023 inflation hovered around 4.6%, affecting Mexicans’ purchasing power. This persistent inflation rate makes cryptocurrencies appealing, offering a hedge against the peso’s declining value. Although inflation is projected to stabilize slightly, it remains […]
Zambia
Current Economic Situation in Zambia Zambia’s economy has faced significant challenges in recent years. In 2021, the country experienced a recession with a 2.8% decline in GDP, followed by an estimated growth of 3.6% in 2022. Inflation has been a persistent issue, with rates reaching 15.7% 7in October 2024, driven by rising food prices and […]
Peru
Current Economic Situation in Peru Pexels Peru’s economy has shown resilience, but it faces ongoing challenges. As of 2023, Peru’s inflation rate stands at 6.46%, marking a significant increase compared to previous years. Rising food and energy prices, compounded by global supply chain disruptions, have driven inflation. About 36% of the Peruvian population is still […]