Argentine economy forecasted to expand 8% in 2011 with inflation ranging 25%

Saturday, April 16th 2011 - 00:13 UTC

Full article 4 comments

Argentina’s 2011 economic growth forecast was raised to 8% from 5% by Nomura Securities International based on a strong surge from domestic demand and rising commodity prices. Government primary spending is expected to continue since 2011 is electoral year. Read full article

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xbarilox
25+ %
Apr 16th, 2011 - 01:32 am - Link - Report abuse 0
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ManRod
“developped country” with 25+% inflation? Mhhh... thats quite a mark, isn't it, Barilox?
Apr 17th, 2011 - 09:54 pm - Link - Report abuse 0
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NicoDin
Well Good news.

Ecolatina, the think tank owned by Lavagna aka Duhalde last years was saying that inflation was at least 35%.

Now they say its 25% wow has dropped 10% and with an economy expanding at 8% rate.

Seems slowly, slowly Ecolatina will meet INDEC figures.

May be after elections?

@ManRod

“developped country” with 25+% inflation? Mhhh... thats quite a mark, isn't it,”

Allow Ecolatina to calculate inflation in your country an you will see how easy will get that figures.

Haha
Apr 20th, 2011 - 09:50 am - Link - Report abuse 0
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ManRod
inflation indeed is quite high in Chile (for our standards), people are getting nervous about it and about a minor overheating of economy, due to post earthquake reconstruction meassures and resulting spenditures of the state... estimations for inflation have defined and increased to 4,4% in 2011.
We also have other independent sources who critizise the official figures, but they never ever come near to reach a 2-digit result. 25% Inflation in Chile? maybe under Allende beginning of the 70 and the 82 financial crisis.
Apr 20th, 2011 - 11:07 pm - Link - Report abuse 0
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