Argentine industrial production soars 9.7% in September over a year ago

Saturday, October 23rd 2010 - 03:22 UTC

Full article 12 comments

Argentina's industrial production surged in September boosted by domestic demand and strong export markets. Industrial production rose 9.7% in September from the year-ago month, and was up 1.2% from August, the national statistics agency Indec reported Friday. Read full article

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Hoytred
“There are three kinds of lies: lies, damned lies, and statistics.”

Indec ... isn't that the organisation whose statistics are a bit questionable ?
Oct 23rd, 2010 - 04:24 am - Link - Report abuse 0
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Forgetit87
Yeah, it seems Indec is not trustworthy. But even private estimates tend to portray Argentina's economic weather as favorable, even if in a lesser extent than suggested by Indec.
Oct 23rd, 2010 - 04:41 am - Link - Report abuse 0
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fredbdc
Forget, why don't you tell us which part of their economy they have changed in the last 7 years to make this “growth” real and sustainable? I know you are a book smart boy, give it a go will ya? Is it government spending looted money or just the depreciation of the peso? Which do you think will give out first?

And if everyone is praising this growth why is there such low foreign direct investment, I would guess everyone would want a piece of this?

The union members are killing each other in street protests, I bet it will be inflation that will burst this bubble pretty soon now.
Oct 23rd, 2010 - 11:32 am - Link - Report abuse 0
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Think
Do you know that joke about an Englishman, a Brazilian and a Yank.............
That met on Internet to comment about Argentinean economy?
Oct 23rd, 2010 - 11:41 am - Link - Report abuse 0
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fredbdc
Do you know this one? “ How does an Argentinian commit suicide? He climbs to the top of his ego and jumps off.”

Anyone get shot at a protest today? That's got to be good for the tourist season starting next month.
Oct 23rd, 2010 - 01:51 pm - Link - Report abuse 0
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Pheel
Tourist demand that last years has been skyrocketing, too.
Nobody knows what a turist prefers nowadays...I ll send them for your advisory, fred.
Oct 23rd, 2010 - 02:08 pm - Link - Report abuse 0
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fredbdc
I am pretty sure they don't like getting shot at in the streets.
Oct 23rd, 2010 - 02:23 pm - Link - Report abuse 0
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Pheel
Worldmapper shows a relationship of 5:1 between USA: Argentina on violent deaths...that without war casualties.
Surely we have to improve it: being so near of US standards is very dangerous !

Nevertheless, it´s off-toppic.
Oct 23rd, 2010 - 03:47 pm - Link - Report abuse 0
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xbarilox
Why do Mexicans sneak across the border? What about the children being tortured and murdered in Ciudad Juárez?
Oct 23rd, 2010 - 04:25 pm - Link - Report abuse 0
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Marcos Alejandro
7 fredbdc , I am pretty sure they don't like getting shot at in the streets...of dangerous Washington DC where you're from.
Oct 23rd, 2010 - 05:45 pm - Link - Report abuse 0
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fredbdc
I have lived in BA am I am back in DC because it's safer, cleaner, quieter, more civilized, just all around better. At least I don't fear for my life crossing the street or getting mugged in a restaurant.
How much cardboard do you need to scavenge to get a ticket here to come here, or right probably can't get a visa. Do you trade cardboard for internet time?
Oct 23rd, 2010 - 06:28 pm - Link - Report abuse 0
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stick up your junta
I am pretty sure they don't like getting shot at in the streets...of dangerous Washington DC

And the Argies sure as hell didnt like getting shot at in the falklands

http://www.youtube.com/watch?v=uhLzDC6bLPE
Oct 23rd, 2010 - 08:02 pm - Link - Report abuse 0
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