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Montevideo, May 20th 2018 - 21:32 UTC

Uruguayan bureaucrats good at cooking inflation numbers

Saturday, January 7th 2017 - 07:14 UTC
Full article 6 comments

Last December, the CPI actually contracted 0.55%, something similar to what happened twelve months before helped by a significant decrease in the power rate, estimated at 19.65% and which benefitted over a million clients. The logo of the end of the year bonus campaign is “Ute Prize” (UTE is the Uruguayan power company which works under a government monopoly regime). Read full article


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  • :o))

    They must be offering their professional services and their “expertise” to MANY countries!

    Jan 07th, 2017 - 08:57 am - Link - Report abuse 0
  • ChrisR

    The seditious murdering bastards who 'rule' us think that we do not understand what they are up to: they are wrong.

    Every year for the last five years various prices have been fudged on the approach of the year end to prevent the unions (run by the Communist Party) automatically triggering wage increases.

    It will come to bite the balls of these cretins before the next election, that much is certain.

    Jan 07th, 2017 - 12:58 pm - Link - Report abuse 0
  • DemonTree

    So do you want the 'Communist' unions to raise wages then?

    Jan 07th, 2017 - 02:09 pm - Link - Report abuse 0
  • ChrisR

    @ DT

    No, like very many in Uruguayo of all incomes but not government employed I want them dead, gone, burnt to a cinder, never to return.

    There are many sensible people in Uruguay who don't follow Chavez and the Castro doctrines, they could do a much better job but the concept of many disparate 'parties', often of less than 1000 actual 'members' having an automatic right to power under the Broad Fraud makes the country unstable and ungovernable.

    Jan 07th, 2017 - 07:34 pm - Link - Report abuse 0
  • DemonTree

    Assuming that you can't burn the unions to a cinder, do you want the government to continue using clever accounting and strategic subsidies to keep the official inflation rate below 10%, thus avoiding giving public and private sector workers a pay rise? Or do you want them to stop this and allow wages to rise?

    Jan 08th, 2017 - 12:56 am - Link - Report abuse 0
  • gordo1

    I see Andy Capp is still criticising the nation that has given him a home! He should be sent home!

    Jan 11th, 2017 - 07:13 pm - Link - Report abuse 0

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