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Uruguay inflation at an annualized 9%; 60 days price-freeze of 1.400 items

Thursday, August 6th 2015 - 08:35 UTC
Full article 7 comments

Uruguay's inflation climbed 1.21% during July and reached 6.91% in the first seven months of the year and 9.02% in the last twelve months, according to the release from the country's stats office, INE. In July 2014 inflation was 0.75%. Read full article

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  • ChrisR

    Shuffling the chairs on The Titanic jumps to mind!

    Stuff actually doing something BEFORE the event, that would require foresight, a commodity as rare as rocking horse shit in Uruguay and utterly beyond the Broad Fraud to get to grips with.

    So, we are going to 'miss' the 10.00% are we? One of these days (years) all the shuffling in the world is going to catch up with these children who have got hold of mom's purse and the shit will really hit the fan.

    'No Money Pepe' could not believe it when the unilateral decision he made to increase fuels at 10% across the board resulted in ALL the prices going up: he hadn't twigged that the public transport ran on fuel, ALL the goods in the country are transported by truck which run on fuel, etc, etc.

    And now some dumb fuck from The Broad Fraud has put IVA on meat and chicken and THEY are wondering why prices have gone up. As I keep saying: you couldn't make this up!

    As a country we are only ONE THIRD THE SIZE OF GREATER LONDON! Can anybody believe we have 99 'Representatives' AND 30 'Senators'! 129 hangers on for 3.3M men, women and children: 23,255 to one elected official and lets not forget the 450,000 stinking poor on the hand-outs courtesy of 'No Money Pepe' (you can see how he got that tag) PLUS 600,000 government 'workers' and monopoly 'employees'.

    With an inverted economy such as this you can spot the trouble coming a mile off, unless you are a member of The Broad Fraud.

    I am so pleased I am financially independent of these twats unlike my Uruguayo friends which I feel sorry for knowing how hard they work just to keep their families fed and clothed.

    Aug 06th, 2015 - 05:30 pm - Link - Report abuse 0
  • yankeeboy

    Bad bad idea. Do these idiots not see whats happening in Venezuela?

    Aug 07th, 2015 - 12:19 am - Link - Report abuse 0
  • ynsere

    Experience tells me that when a price freeze comes to an end, prices leap up. Everywhere in the world. Finance Minister Astori also knows, but the man's a cynic. He's been buggering the population for over ten years but he still has the reputation of being the “intelligent, moderate leftie”.

    Aug 07th, 2015 - 01:36 am - Link - Report abuse 0
  • ChrisR

    @ 3 ynsere

    The classic oxymoron “intelligent, moderate leftie”.

    What is it with The Broad Fraud, don't they have anybody even remotely useful to take office?

    No, I didn't think so.

    Aug 07th, 2015 - 09:28 pm - Link - Report abuse 0
  • ynsere

    Exactly, Chris. Appearances and party credentials have become more important than actual expertise or performance.

    Unfortunately it seems that about 35% of the Uruguayan electorate believe in such mythical creatures. Another 20% are died-in-the-wool Communists and close allies. They believe in their own pockets. The remaining 45% consists of the people who are paying the piper but not calling the tune.

    Aug 08th, 2015 - 12:44 am - Link - Report abuse 0
  • ChrisR

    @ 5 ynsere
    “Another 20% are died-in-the-wool Communists”

    I wish there was a way we could make that bunch just 'died'!

    I knew there were commies and Marxists in the country before I came but never realised how strong the idiocy was with the electorate.

    Aug 08th, 2015 - 09:58 pm - Link - Report abuse 0
  • ynsere

    Chris, I reckon that Communists and their CLOSE allies add up to about 20% of the Uruguayan electorate. Their close allies are not Communists proper, but “useful cretins”. As always seems to be the case, the Communists here wield power far in excess of their actual numbers. They're disciplined, hard-working and utterly ruthless.

    Aug 11th, 2015 - 08:50 pm - Link - Report abuse 0

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