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Stories for May 6th 2008

• Tuesday, May 6th 2008 - 21:00 UTC

  Anti-inflation plan cost Uruguay 0.8% of GDP in 7 months

  Public utilities rates subsidies which have been applied since September 2007 to help contain inflation have cost the Uruguayan treasury 185 million US dollars, equivalent to 0.8% of the country's GDP. Prices are estimated to have moderated 1.5% on an annual basis.