INFLATION
The average variation in the Consumer Price Index over the previous twelve months stood at 4.3% in August, 0.7 percentage points below the figure registered in July. Data released by the National Statistics Institute (INE) confirms the downward trend in the country’s inflation rate, which stood at 6.8% in 2008 – 2.4 percentage points higher than the rate registered in 2007 (A Semana).
ATLANTICO
A joint initiative on the part of entrepreneurs from Brazil and Cape Verde will bring a shrimp breeding facility to Cape Verde. The superintendant of the Small Business Support Service (SEABRA) from the northeastern Brazilian state of Ceará, Carlos Cruz, reveals that the project, which is in the final phase of implementation, will being together technology from Ceará and resources from the Netherlands (A Semana).
The online version of Globo, one of Latin America’s most important media conglomerates, highlighted the participation of Cape Verdean agricultural producers in this year’s edition of Frutal – the International Fruit, Flower and Agribusiness Fair, which is currently taking place in the Brazilian state of Ceará (A Semana).
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