Twelve months inflation expectations in Argentina steady at 25%

Friday, August 20th 2010 - 02:53 UTC

Full article 4 comments

Argentines expect prices to rise 25% over the next twelve months, according to the median estimate in a monthly survey by Buenos Aires-based Torcuato Di Tella University. Expectations in August remained unchanged from last month’s report, the university said in an e-mailed report. Read full article

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Hoytred
And here's us in the poor, broke UK worrying about 3% !
Aug 20th, 2010 - 03:34 am - Link - Report abuse 0
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jerry
How about the “rich” United States? Obama declared that there was no cost of living increase in the U.S. in 2009. Maybe this is now a negative for 2010?
Aug 20th, 2010 - 08:22 pm - Link - Report abuse 0
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NicoDin
@ Hoytred

3% in UK an economy stagnation style is called stagflation close to deflation what is even worse than inflation.

Prices go down and companies enter into a war of prices to survive leading to a massive business bankruptcy then you are in a deep depression.
Aug 21st, 2010 - 07:43 am - Link - Report abuse 0
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harrier61
Actually, and this is a quote, “mainstream economists favor a low steady rate of inflation.” The same cannot be said for 25% inflation.
Aug 21st, 2010 - 01:24 pm - Link - Report abuse 0
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