Argentina’s official November inflation 0.9%; half the 1.81% congressional index
Argentina's official inflation was 0.9% in November, rising slightly from October's 0.8% rate, the government stats office Indec said on Friday.
The country's official inflation figures have been widely discredited since 2007 when the professional staff from Indec was replaced by political cronies faithful to the Kirchner couple administrations.
Indec said November's consumer inflation was driven by a 4.7% increase in the price of housing and basic services and a 1.0% rise in the cost of household goods and equipment.
Prices in the heavily weighted food-and-beverage category rose 0.3% last month.
According to Indec inflation in the 12 months through November totalled 10.6%.
The official inflation rate was less than half the so called Congressional index based in the analysis of nine private agencies, which showed a 1.81% advance against the previous month, accumulating 25.4% in the last twelve months, “the highest in 18 months”.
Indec also reported that wholesale prices gained 0.9% (12% so far this year) and the construction-related costs rose 0.5% in November, accumulating 24.4% increase during the first eleven months of the year.
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29 comments Feed
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Wonder if they will ever realise their government does the same thing to them about the Malvinas issue.
Tells them a load of Bollox, and accuses anyone who disagrees or questions them of being unpatriotic.
And your government does have obligations to foreign entities when it freely signs agreements with them, and especially when it expects others to live up to their obligations.
You know well the reason for the British “Schadenfreude” over this, the Falklands issue, a cause to which I know you personally do not subscribe.
Argentina expects no one to live up their obligations to us, simply because we have neither asked nor depend on any such pecuniary favors.
And well, your assertion reflects poorly of your country... In the sense many here claim incessantly to be above most other nations in deportment and rational conduct. I guess that is a fictitious trait.
“... my irrefutable facts.”
You are obviously refering to the origin of the word “colony”, aren't you?
@ 2 Pugol-H
Nobody actually living in Argentina believes in less than 24% inflation. They struggle to make ends meet, my friends - poor devils - and know very well that food prices have increased by app 25% since last November.
How's it going with being maximo's BDSM pet? Is the bit in your mouth too tight?
The Brits and their prurient obsession with Maximo.
SCORE
British males invoking Maximo's name: 4,679
Argie males invoking Maximo's name: 3
@17
I don't need to convince any of you. The mere hurling of the truth sends all of you into a paroxysm. All day long, all summer, I'll be here in every topic as your personal bubgear foreigners. You can either choose to leave, stay quiet, be respectful of Argentina when you write, or enjoy my company.
I trust you will all elect the correct choice.
We will tell you your posts are as factual and truthful as INDEC figures.
I know you wont discuss INDEC. After all, you can't seriously believe their figures to be true.
Enjoy your holiday, you might not be able to afford one next year ;)
:::skirl sounds in the background:::
Argentina (and more importantly in the context of 95% of its detractors on here, it's current administration), is falling considerably short in the respect earning department. Perhaps you might want to start there, rather than trying to lobby for behavioural change on Mercopress.
So, shockingly, we choose “no”.
Thank you for proving my point about your posting style.
What country is it that you have?
Come on, I'm up for a laugh!
Why would I indulge someone like you, who has manifestly revealed through your posts that your prepossessed mind is already locked to any further intellectual stimulation?
your nostril is running again
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