Argentina's economy grew at its fastest pace in nearly two years in March, expanding 8.1% from a year earlier as strong industry activity strengthened a recovery, according to government data. Read full article
Laugh, let them believe jerry..soon or later the skeletons will fall out of the closets and will face the Real world...(inflation). The Argentine government is using the exact same bogus system like the US government to calculate the (phony) economic growth. Hedonics economics, a beautiful way to hide the real inflation numbers. Remember, the economy never grows with high inflation.
This is presumably data from the same government that was insisting that it's fiscal statistics are Trustworth and Solid less than a month ago after being looked at by the IMF?
Comments
Disclaimer & comment rulesYou are right gdr!!!! Industrial activity like car production or farm activities are our key to grow and grow every time faster.
May 22nd, 2010 - 12:37 pm - Link - Report abuse 0The thing to remember is according to government data, as nothing is true coming from this government!
May 22nd, 2010 - 02:39 pm - Link - Report abuse 0Laugh, let them believe jerry..soon or later the skeletons will fall out of the closets and will face the Real world...(inflation). The Argentine government is using the exact same bogus system like the US government to calculate the (phony) economic growth. Hedonics economics, a beautiful way to hide the real inflation numbers. Remember, the economy never grows with high inflation.
May 22nd, 2010 - 08:07 pm - Link - Report abuse 0This is presumably data from the same government that was insisting that it's fiscal statistics are Trustworth and Solid less than a month ago after being looked at by the IMF?
May 22nd, 2010 - 09:02 pm - Link - Report abuse 0The are the same sources that say there is no inflation...
May 23rd, 2010 - 06:40 am - Link - Report abuse 0Commenting for this story is now closed.
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