Cristina Fernandez inflation index for January less than half private estimates
Official inflation in Argentina increased 1.1% in January compared to the previous month, Indec national statistics bureau reported on Friday. The hike in prices was led by transport as train and bus fares increased by 6.1%. The annualized rate jumped to 11.1%.
January’s inflation rate is the highest since February 2010, and the second highest since the former president Néstor Kirchner’s administration intervened the national statistics bureau, Indec. Since then both under Nestor Kirchner and his successor and wife Cristina Fernandez, Argentine official stats have become doubtful and unreliable.
In effect the price index produced by a handful of private economists and released by opposition congressmen, the so called Congressional index and which is used as a reference for the economy and labour costs, was up 2.58% on the month and 26% on the year in January.
The latest release from Indec also established that in Argentina a person needs 233 Pesos per month not be considered indigent, since that is the sum needed to cover minimum food needs which works out at 7.77 Pesos per day. The sum at the official exchange rate is equivalent to 1.60 US dollar and in the black market, just one dollar.
Indec said that the Basic Food Basket for an adult, 233.33 Pesos per month in January represents an increase of 0.18% over the previous month and 12.44% in the last twelve months.
Likewise the so called Total Basic Basket, which marks the poverty line, shows a person needs more than 529 Pesos (105 and 68 US dollars) per month not to be considered poor. This represents an increase of 1.37% over December and 14.86% in the last twelve months, which are percentages well above the questioned official Indec index for January, 1.1%.
In other words a standard family of two adults and two children of ten years old need 720.37 Pesos (144 and 93 US dollars) per month not to the considered indigent, and 1.635,56 Pesos (323 and 220 dollars) per month to be above the poverty line. According to Indec both poor and indigent families spend most of their incomes in food, an item which was up 0.3% during January.
For Argentina’s Social Development ministry, the indigence line is the minimum income estimated for a person to satisfy its food needs. This is represented by a basic food basket, with the sufficient caloric and protein content to satisfy a minimum nutritional requirement.
The poverty line is estimated as the minimum income for a person to satisfy his basic needs. It is calculated on the cost of a basic food basket to which a multiplier is applied.
Argentina’s unreliable official stats was censured this month by the IMF for failing to meet its reporting standards for economic data, the first such official warning in the organization’s history.
The IMF called on Argentina to address the “inaccuracy” of its inflation and GDP data no later than Sept. 29. The IMF censure lays the groundwork for possible sanctions against Argentina that may include the loss of borrowing and voting rights, and even expulsion from the IMF.
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103 comments Feed
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Still pretending to be other people?
It really undermines your credibility, a bit like an INDEC statistic, no one believes it.
Have you ever thought about what you post? Have you ever tried to put an actual argument down supporting your point of view? In fact have you ever had an actual thought at all, about anything?
Probably not.
Everytime you resort to your faux identities and start insulting people, we all know that you are a deeply disturbed person, who can't out a coherent sentence together.
Never mind. Maybe your beloved CFK will be lynched by the people who actually live in Argentina, and care enough about the country to actually want to improve it, instead of them having to put up with the current bunch of thieves that call themselves the Argentine government.
Oh and SussieUS, a tip. When you pretend to be someone else, you should at least try to change your grammar and syntax. I mean if you're going to bother impersonating someone , you might as well go the whole hog.
But then again, maybe you just aren't intelligent enough to do it.
Provide a link so we can read your pearls of wisdom. I haven't see you there.
What, a rumour spread there was cheap false statistics for sale?
The Argentinean government is Full of thugs and criminals.
“Halkbank can only accept payments for Turkish oil and gas purchases and Iran is only allowed to buy food, medicine and industrial products with that money,” one senior Turkish banker told Reuters.
Read more: dailycaller.com/2013/02/16/u-s-sanctions-effectively-cut-off-tehran-lifeline/#ixzz2L9xpycue
Has anyone noticed CFK has been extremely quiet over the past few weeks? Where is she?
www.loveartnotpeople.com/2013/02/an-embarrassing-ambassador-alicia.html#!/2013/02/an-embarrassing-ambassador-alicia.html
Ms Rodrigo Canete is quite a person. Robbed by three men near Sainsbury's Marble Arch but doesn't blink an eye but is vitriolic about the Trolley Dolly (gorgeous daughter though) bringing disgrace onto Argentina.
Couldn’t run a piss up in a brewery would sum this up nicely, with Castro involved why am I not surprised.
Nice touch about the airline HQ though!
LOLs
Oh yes, without her manic depressive medication she won't just look like she is mad it will be a case of 'where's the cuckoo'?
super hurricanes
super snowtorms
huge droughts
massive flooding rains
a FUCKING METEOR falling down
I would suggest someone is trying to send you a signal... you are a waste of space on this Earth, in other words, unnessential. Behave... leave Argentina alone...
...or else.
And yet we only had 2.2% inflation for the year!!!!!!
Congratulations Argentina you took one month to do what it takes us a year to do.
And even with all the natural disasters. We must be better managed or sumfing.
Well congratulations. But you all still gonna die. Oh well.
You must be so excited!!
Gotcha again... over-analyzing things.
Pavlovians, all of you.
Suggestion: taken some meth (americans), exstasy (euros), kangoroo tail soup (australians), and when you get “there”, listen to this:
www.youtube.com/watch?v=OoLEm3M5yt0
Have a safe trip.
Industry will grind to a halt with no gas or electric,
Come on fellas
Make it happen
Can't wait to see the United States suddenly needing to finance is deficit all alone...hahaha bye bye USA.
The ONLY run you have ever seen involving dollars is when the local deadbeats thieve them of an old lady and RUN down the road.
Ha, ha.
What next? A run on the stock markets, all countries stop trading with the US and switch to the Yen? Any other wacky predictions?
Someone's been reading David Icke too much....
Yes, central banks are so dumb and you are so smart.
hahahahaha.
Anymore interesting rumors?
www.godsaidmansaid.com/
Top American science stories:
Complaining turns Brain to mush
“God is disgusted with complainers. Complaining, murmuring, and negative speaking are all done in the devil's language and this conversation is harmful to those who utter them, as their Brain becomes a slime of mush.”
Why Black men are black, White men are White and Chinese have “slanted” eyes:
“ For example, it is the reason the Chinese have slanted eyes.The group of people who began speaking Chinese at the Tower of Babel could only understand one another. These people liked women with slanted eyes and after some generations they all developed slanted eyes”
Dances with Dinos
“For it is revealed to us by Job that our ancestors domesticated and took economic advantage of these Godly beasts. The longevity of the ancient patriarchs, those close to the line of Adam and Eve, was extended for longer than otherwise possible by the protein they took from these wondrous lizards.”
Keep it up USA... you are on the good path to further greatness! With this enlightened generation, the sky is the limit!
bAhahahahaha
HAHAHAHAHAHAHAHAHA!!!!!!
Meanwhile back on topic INDEC continues to report false stats that are only ever going to cause more problems for Argentina.....
Nonsense? That is official school curriculum in over half of the US states.
It is official endorse science. More respect for your cousins.
Is this just desperation? Or do you feel you are part of some propaganda machine working to support the Argentine cause?
I bore of it, honestly.
I'm starting to think you've got the same affliction as your dear leader.
@23 nutjob the 1st: 100% Argentine built meteor programme...oooooooooooooo!!
@34 yankeeboy: nnnnnnnnoooooooooooo! We're on this ride till the end baby!!
7.77 pesos per day, that's about £0.65 per day using a realistic exchange rate.
PER DAY?!
At the MINIMUM adult wage in the UK, you earn that much in 6 minutes and 18 seconds of your working day.
Good luck with that :)
I love when Toby has a melt down I guess we should wait for the new nick tomorrow.
“You Europeans and North Americans and Australians don't get it do you??
super hurricanes
super snowtorms
huge droughts
massive flooding rains
a FUCKING METEOR falling down
I would suggest someone is trying to send you a signal... you are a waste of space on this Earth, in other words, unnessential. Behave... leave Argentina alone...
...or else.”
Or else, what???
Are you going to 'smite' us for being 'unbelievers' in INDEC and CFK ???
Word is, CFK has already looked at an IMF Inspector and turned him to stone!
“CFK=Medusa without the curlers”, as some wag put it on here, a few months back.
Tell us, Tobias, do you believe in INDEC ?
Are you a member of either La Campora or La Campora Juvenil ??
Are you sure you are not suffering from deep depression. The rest of the world is not against you . If you opend your eyes they are actually trying to help you. However to help oneself it requires one to first admit that they need help.
Such rubbish that you print makes me wonder if you ar just on these comments to simply start debate. Not a lot of what you have said up untill now has any meaning. Just a lot of threats to the rest of the world.
Remember we Islanders are very sympathetic to loosers and could offer you free councilling if you only ask us.
“do you believe in INDEC”?
I do maybe at times not, perhaps always under certain circumstances, but with exceptions, never I would but I'm open to decisive indecision.
“
“do you believe in INDEC”?
I do maybe at times not, perhaps always under certain circumstances, but with exceptions, never I would but I'm open to decisive indecision.”
So, you cannot or will not answer in a straight forward manner.
Obviously, you know that if you make a definite stand on that issue, you would be vulnerable to criticism, right?
Is that the reason you also avoided answering whether you, as a patriotic Argentine Nationalist, belong to any La Campora organisations???
Waiting to see you deny your patriotism, or just run and hide.
What is your annual income?
How many women have you slept with?
Did you do any hard drugs?
If you don't answer them, you are a nationalistic twat right?
Let me answer that
My annual income is ARG Pesos 89,000 give or take
Probably 10 ( really stunners or I could not be bothered ( I Arg lady I married )
Definately NO
Annual income is so low because I have a state pension and private pensions
Excellent find! I don't know if that site is supposed to be serious or not, but it's the funniest thing I've read in a while!
“I don't answer your other questions for the same reason you don't answer my following questions:
What is your annual income?
How many women have you slept with?
Did you do any hard drugs?
If you don't answer them, you are a nationalistic twat right?”
I only ask you questions that would clarify your political perspective - hardly personal questions.
You try to portray yourself as an intelligent independent thinker. If you want us to believe you arrived at your opinions objectively, you would not hide your political convictions and affiliations.
However, whatever influences affect your conclusions are still secret, for some reason.
BTW, I have been with many women ( of course) and your mother was just average, but very 'needy'.
:-D
Sorry I should amend my posting @55. That is before UK tax.
“Sorry I should amend my posting @55. That is before UK tax.”
Good of you to be so honest golfcronie.
I'm sure that YOU would have the courage of your convictions to tell us if you are a member of La Campora, should I ask, right?
:-)
I am a person of no political persuasion, I just believe there is no need to tell untruths. Having lived in Argentina for some time, I can't believe the sorry individuals that claim that they are speaking for Argentina.It is not the case that they are anti-british, in fact I would say the reverse is the case.All you have on this site are ignorant people that have an axe to grind.
“I am a person of no political persuasion,”
Apologies, Golf Cronie, I realise that, of course. I am not questioning your ethics or your convictions.
Toby makes bold statements, but I question where he gets his ideas, and I wonder if he has the courage of HIS convictions.
I am interested to know more about Argentina from someone reasonable.
However, with the exception of you and Simon68, they are rarely on this forum.
Toby is a twat, but like many others, he follows the same script,and I wonder if it is La Campora writing it and providing topics of misdirection or misinformation?
I am quite sure that many are paid to be here.
What do you think?
Everyone welcome Sussie at post 64.
This is what makes Argentina proud.
www.youtube.com/watch?v=khRP_MPI8sA
Argentina has its own racists.
It seems to come so casually to you.
“Think” is an expert on racism.
I think your Jewish community is a little unhappy that you sold out 85 Jewish Argentinians, killed by Itanian terrorists, right??
youtu.be/623ukAGo8TU
youtu.be/q965mf2bw4U
www.youtube.com/watch?v=hqPIh-267fg
Your own people are the cause of your economic downfall.
Maybe you should direct your energies there - instead of finding fault in others and looking for people to blame.
A year from now, when your hard drive seizes, let's see if you can replace it. Two years from now, lets see if you're still online.
Hmm what to import a computer or Gas?
I'm pretty sure CFK will choose gas.
All you will have shortly is black market computer gear that will cost more than you make in a year.
Maybe you could trade toilet paper for it though.
@74
THey been talking up SSD for years and still hard disk drives keep going. Most people are impressed with Terabytes, not with booting speed rates. I was going to buy an SSD but decided the cost-benefit was still not there, got a high-speed hard drive for my built computer.
Your children may have a nice replay of your parents experience in 1978 when they 1st saw color TV in Argentina. While the rest of the world had it for decades.
You will have at least a generation without new technology.
Tell me, how much has changed with technology in 25 yrs?
Do you think if you were in a coma for that long you would recognize the world?
That's what will happen to Argentina.
The world had High definition tv for decades, and you got it 20 years after Asia and 10 after Europe.
The world has self-cleening restrooms, bidets, and high-tech toilets for decades, you still have NONE of them.
We had ball point pens since 1938, you were writing with turkey remains and a bottle full of ink until the early 1950s.
The world has had electric engines, ethanol, and wind engines for decades, you still can't get any that are cost-effective.
Simpletons.
As a professional engineer WTF are electric engines, do you mean electric motors or electric generators / alternators or something else?
Ethanol? I take it you mean ethyl alcohol distilled from grain? Why would the USA want this substance that can eat through airplane fuel lines when they have plenty of oil?
And wind engines, I take it you mean windmills? Ha, ha, ha. Now I know you know fuck all about engineering and science.
Windmills are the equivalent of changing lead to gold from medieval times and frankly they don’t work. They cost more to manufacture (full energy basis), transport, erect and maintain than they will ever produce in their lifetime. They are the dead end of energy production and Uruguay are jumping on the band wagon as well, but it is UTE so what can we expect?
The argies cannot keep the electricity on and running so I have no idea why you think your country can lecture any other, never mind the USA.
-24hr a day electricity in our Capital city
-Freedom of the Press
-Democracy
-stable currency
-freedom of worship for Jews
-A Judiciary seperate from the Government
- I could go on, I suppose.
-
And if you think HDD has a size advantage over and SDD only has booting speed, you are still buy 32GB SD cards for outragous prices in RGland.....wait....you are because I know. I had to buiy both an SD card and a SDD drive in Rggentina.....after having to wait a few weeks.
Yankee I gave my wives family member a tablet as a gift and forgot to get her a 32GB sd card. I decided to get it there.......2GB ..85 pesos and had to wait two weeks. Thats in the city too.......the SDD drive.....my God....forget about it!!!!
TV's? you need loans to buy a TV there if you are rgentine. 42 inch plasma's here are like 300....there in us dollars they are like 2500.
“We had ball point pens since 1938, you were writing with turkey remains and a bottle full of ink until the early 1950s.”
“Nose Candy”, you are the Simpleton.
The ball point pen was invented by a Hungarian in 1935, in Europe.
He filed a BRITISH patent in 1938.
He fled Germany to Argentina in 1941.
Argentina gave him citizenship in return for the Intellectual Rights to his invention:
Biro pen
www.ideafinder.com/history/inventions/ballpen.htm
www.winnipegfreepress.com/arts-and-life/entertainment/books/politics-human-intrigue-flow-through-ballpoint-pens-history-ink-stained-story-165829326.html?device=mobile
“Swirling within and around the arc of these two lives, Moldova illustrates how citizenship and nationalism can be used in conjunction with patent laws and international/national corporate capitalism to peel away from individual innovators and entrepreneurs their ownership of intellectual property.
For example, Bíró handed over a sizable percentage of his shares to his Argentine partners to free his family from fascist Hungary.”
en.wikipedia.org/wiki/Ballpoint_pen
“Bíró filed a British patent on 15 June 1938.[5]”
Just wait, in another couple of years they'll be so far behind the curve it will be like the Wizard of Ox going from b/w to color when Rgs visit the USA.
That is sad.
PAWNED you again, 'Crack 'ho'!!!
Why do you do this??
You are humiliated again and again, thread by thread!
Learn to live with it. Try to submit with a little dignity intact.
LOL!!
@84
“Oh I love how I get these catfishes with the same f;ng bait every time! ”
“Any attention, even bad attention, is better than NO attention”, right??
LOL, LOL!!!!
“oh we humiliated you, hahahah”
“ha, you are on heroin lol”
“did your electricity go out? hehehe”
“twit”
“nostril”
That's the unmistakable sounds and reads of capitulation, resignation, and impotence.
My statement stands, in a few more years if some Rgs can escape to the USA it will be like going from a b/w country to color just like in the Wizard of Oz.
You'll probably never know though.
I am sure people who grew up in caves and have never seen the light, think that is all there is to life too.
Professional claques are also the other sign of complete defeat. Just face it, you guys talk 75% lies about Argentina, I come back with 100% truths about your countries (I will admit I only focus on the negatives)... but you know why that is?
YOU PEOPLE ONLY FOCUS ON THE SUPPOSED NEGATIVES.
Has any of you EVER posted a link of positive news or a positive comment? Never.
That is proof enough that none of you have any intention of fairness, or truth. You are just trolls, like me. Difference is I'm a reactionary troll, you are the pro-active trolls.
Problem is other than natural beauty Argentina doesn't have much to offer.
Did you happen to see the violent riots over tax increases yesterday? The civil disobedience historically start in the Provinces before it moves to BA right?
:-)
That is your opinion. Why do you try to impose your opinion in apodictically? I think the USA has not much to offer. Doesn't mean everyone agrees. Difference is I don't try to pass my opinion as the ONLY way of seeing things.
You do, your opinions on Argentina must be seen by all as indisputable or they are brainwashed, losers, etc. You are such an insecure intolerant moron. No self-esteem to tolerate other views.
So you are like a troll just like all the others. When I troll you all cry like crochet ladies that I'm such a mean troll, go away please, we don't like it... lol.
When I talk seriously like at @91, 94, you all still act like trolls. You know that what you say is not true, that no country is 100% negative, and yet you all insist on it.
It proves you never had any intention of honest debate and fairness towards Argentina. So now be men and take my humiliations with a shred of decency.
Me, The electricity is out in BA again
You, No it is not you are a liar
Me, Post link
You, find some obscure or 30 year old link to a snowstorm or natural disaster and claim it is equivalent to the never ending problems in BA
or
You,immediately post a to a story about the USA that has absolutely nothing to do with what we are discussing
Me, I show you how Argentina a similar problem but much much worse and it's never ending
You, get mad, pout, ramble,
It is always the same
As I have said before Argentina is a beautiful. If Pinochet ran it in the 70s I would probably love it and would still be living there.
Unfortunately for you he didn't and you are AGAIN for the 2nd or 3rd time in your young life entering into a swirling vortex of bad economic times. The story repeats itself so often it is easy to predict. Take the price controls, they've been tried many a time in lots of countries, even in yours somethign like 4x in the last 60 years, they never ever ever work. But Moreno thinks he is brilliant can disobey the laws of economics and MILLIONS of people will pay the price and become destitute.
watch and learn
Lets not talk about Toby.
He likes the attention and only says things so that we will engage him in long conversation to refute it.
His outrageous and completely off-topic posts @23, 35, 40, 54 etc are examples.
Just like on a few other threads.
He starts it and cries when he burns his fingers.
Toby is literally ADDICTED to these exchanges on Mercopress, don't you think??
As I said before, he cannot help himself. He punishes himself like a whore on 'crack'.
Once he has been kicked to the curb, for his own good, we should just walk by and ignore him.
What a waste of a young life!
:-)
www.buenosairesherald.com/article/124715/trade-surplus-plunges-49-in-january
2012 shows the continuing trend and effects of the failed policies of the kirchner's. Once they reach that level with deficits, there will be no more dollars to import oil or anything else so desparately needed in ARgentina. Most of old. how will they pay the projected 8,000,000,000 in debt payments this year?
www.tradingeconomics.com/argentina/balance-of-trade
I doubt anyone wants to take SOY for Gas or Oil
Hmm maybe Iran.... I don't think the USA will like that too much.
Talk about getting dragged under by a drowning person
This might really be the last nail in the coffin with the USA and Arg relations
They're pretty dismal now
It would be funny to see the Ambassador sent home over this
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