Saturday, December 15th 2012 - 06:33 UTC

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 discredited Indec stats again exposed

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.


29 comments Feed

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1 slattzzz (#) Dec 15th, 2012 - 01:44 pm Report abuse
no doubt stink and nostril anus will say this is a good thing
2 Pugol-H (#) Dec 15th, 2012 - 03:16 pm Report abuse
I seriously doubt than many Argentines believe this figure, certainly not many living in Argentina, and having to live through it.

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.
3 Nostrolldamus The 2nd (#) Dec 15th, 2012 - 03:28 pm Report abuse
Whether the numbers are precise or fallacious it is a matter for Argentines to revolve. The government, whom we elect, has no obligation to anyone or any entity beyond the borders of the country. Those who repiningly insist this is an international matter are zealots with political agendas in which accurate consumer prices are near the bottom of the barrel.
4 slattzzz (#) Dec 15th, 2012 - 03:34 pm Report abuse
@3 well if it's a matter for rgenweener to resolve leave the FALKLANDS out of it sort your own shit out and stop trying to drag everybody else into it, then come back and talk to the rest of the world instead of whinging to all assundry
5 Nostrolldamus The 2nd (#) Dec 15th, 2012 - 03:46 pm Report abuse
Why would we talk to the rest of the world when we sort our shit out when you can't sort any of your shit out?
6 Pugol-H (#) Dec 15th, 2012 - 03:47 pm Report abuse
As a matter of curiosity then, do you believe these figures?

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.
7 Nostrolldamus The 2nd (#) Dec 15th, 2012 - 04:05 pm Report abuse
I don't discuss domestic affairs with foreigners.

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.
8 slattzzz (#) Dec 15th, 2012 - 04:08 pm Report abuse
@7 you don't discuss domestic affairs with foriengers so why you on here dickhead
9 Nostrolldamus The 2nd (#) Dec 15th, 2012 - 04:54 pm Report abuse
I have nothing better to do now. I have all livelong summer to drive you antis cookoo with my irrefutable facts.
10 St.John (#) Dec 15th, 2012 - 08:39 pm Report abuse
@ 9 Nostrolldamus_TTT

“... 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.
11 ezekielman (#) Dec 15th, 2012 - 08:40 pm Report abuse
Recently there have been numerous reports about how La Cretina's corrupt government has been fiddling the inflation figures. The clock is ticking for her pariah state and if Christine Lagarde, the IMF's managing director, keeps to her standards of morality, then this loathsome state will be booted out of IMF and the G20 group. It is so sad for the Argentinian people who have to suffer from this despicable woman. Her days are numbered.
12 slattzzz (#) Dec 15th, 2012 - 08:52 pm Report abuse
@9 you crack on son your rants keep us all well entertained and make us realise why rgenweener is in the state it is, enjoy your holiday, and your thesaurus, in fact why don't you get out and enjoy yourself, go to the pub have a beer , meet some girls (or boys) whatever floats your boat. I have this vision in my mind of you in a little darkened room full of used tissues lit only by the light from your computer screen with mummy bringing you food every couple of hours, shame you can't spend a little more time getting your facts right but heyho can't have everything eh? Get some vitamin b lad
13 Nostrolldamus The 2nd (#) Dec 15th, 2012 - 09:05 pm Report abuse
Isn't summer great? While everyone else is at the pool and on vacation, I get to pillory and excruciate you all. 24 hours a day as you have noticed the last two weeks...
14 Conorworld (#) Dec 15th, 2012 - 10:57 pm Report abuse
Nostrolldamus. The government are obliged to be truthful about political and economic facts. The government is voted in by the people to govern in a truthful fashion. Manipulating statistics that have an important influence on the cost of living and how people live day to day for political gain is a mockery of democracy and a rescinding of their duty to the people of Argentina.
15 Pete Bog (#) Dec 16th, 2012 - 12:28 am Report abuse
If they are going to make it up why not list it as 0%?
16 Shed-time (#) Dec 16th, 2012 - 09:22 am Report abuse
@12 If you call 'sitting in the panic room of your house in mendoza clad in naught but kevlar due to the ongoing violent crime taking place outside your door', a great summer... then I'm not here to disagree with you.

How's it going with being maximo's BDSM pet? Is the bit in your mouth too tight?
17 Orbit (#) Dec 16th, 2012 - 04:01 pm Report abuse
@13 wow, great summer holiday that is; arguing the toss 24 hours a day with faceless posters who you will never convince ! Might make you feel better, but its an exercise in futility.. Nothing you say on this message board will change anything. You are only young once, go and do something constructive like donating your time to a local charity or something.
18 Nostrolldamus The 2nd (#) Dec 16th, 2012 - 04:33 pm Report abuse

The Brits and their prurient obsession with Maximo.

British males invoking Maximo's name: 4,679
Argie males invoking Maximo's name: 3


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.
19 Raven (#) Dec 16th, 2012 - 05:00 pm Report abuse
Yes, we will make 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 ;)
20 Nostrolldamus The 2nd (#) Dec 16th, 2012 - 05:13 pm Report abuse
But I'll still have a country... will YOU?

:::skirl sounds in the background:::
21 Orbit (#) Dec 16th, 2012 - 09:35 pm Report abuse
@18 ... Suggest you don't be so effusive with the truth when writing your CV then... “Spent a summer defending CFK's administration on an Internet comments page” wouldn't exactly stir the echelons of power.

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.
22 Nostrolldamus The 2nd (#) Dec 16th, 2012 - 09:40 pm Report abuse
Respect, in the definitino of the word chosen by the rest of the nations of the world in Argentina's case, equates to surrender, capitulation, subjugation, and probably at some point deracination.

So, shockingly, we choose “no”.
23 Orbit (#) Dec 16th, 2012 - 09:44 pm Report abuse
Paranoid rubbish, and you know it.
24 Nostrolldamus The 2nd (#) Dec 16th, 2012 - 09:50 pm Report abuse
Prove it.
25 Orbit (#) Dec 16th, 2012 - 10:06 pm Report abuse
Dear oh dear, please don't form your world views based on Conquerors posts, amusing though they are.
26 Raven (#) Dec 17th, 2012 - 12:08 am Report abuse
@20 Nostroll

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!
27 Nostrolldamus The 2nd (#) Dec 17th, 2012 - 01:54 am Report abuse

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?
28 Captain Poppy (#) Dec 17th, 2012 - 04:51 pm Report abuse
Nostril ....suggestion: while you handle the languagea of engliad well, you should either master it or lay of the thesaurus. Your posts are staring to be redundant with your grammer and word choice throughout various posts..

your nostril is running again
29 British_Kirchnerist (#) Dec 24th, 2012 - 05:58 pm Report abuse
“The discredited Indec stats again exposed” on a bloody caption for a picture! Mercopress bias again???

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