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Montevideo, March 29th 2024 - 06:22 UTC

 

 

July official inflation in Argentina 0.8%; private estimates, 1.62%

Tuesday, August 16th 2011 - 06:09 UTC
Full article 7 comments

Argentina's official inflation was up to 0.8% in July, the government reported on Monday, but private analysts said the real rate was about double that. Read full article

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  • Bubba

    I cannot believe the pueblo cannot see the inflation when they want to eat or drink or buy clothes. they blindly voted for CFK, again, and I am very disappointed. She claims to have increased salaries by 23.7 percent! That does not cover the inflation that is getting worse by the week.

    Aug 16th, 2011 - 11:22 am - Link - Report abuse 0
  • GeoffWard2

    These 'one-off' Mercopress postings do little to illuminate the context in which percentage movements take place.
    If there is a recoupment from inflation/economic slump/etc, the % figure can look good, but the contextural position would show the economic collapse and fluctuating recuperation.
    The underlying situation can still be catastrophic even when a percentage 'improvement' occurs.
    The Economist uses graphs and time-series analyses to show the bigger picture. Perhaps Mercopress could do a little better.

    Aug 17th, 2011 - 09:36 am - Link - Report abuse 0
  • xbarilox

    @ 1 You can't believe it because nobody's blind, they see it, but they're lunatics and most of all, corrupt people. Anyway we're not here to change people's mind, reality (aka inflation) will do it in due time, you'll see. The mess this government is creating at every step will explode in their faces.

    Aug 17th, 2011 - 10:06 pm - Link - Report abuse 0
  • GeoffWard2

    I agree, unfortunately.

    Aug 18th, 2011 - 09:28 am - Link - Report abuse 0
  • ElaineB

    The people I speak to in Argentina are very aware of inflation at the moment. On my recent trip one of my friends was pointing out increases all the time, from taxis to food etc. And they worry about it a lot. Most can remember the raging inflation of only ten years ago and are fearful of it getting out of control again. (Personally, I don't think it will get that bad).
    Why do they vote for CFK? I hear time and time again that they see no viable alternative. Friends and people I interview complain constantly that they believe CFK steals money from them but also add that all politicians are corrupt. Therefore, if she wasn't helping herself, it would be someone else.
    Just telling you what I hear so many times from disparate sources.

    Aug 18th, 2011 - 11:11 am - Link - Report abuse 0
  • Tigre2000

    oh Elaine trying to look good I pity you.

    Aug 22nd, 2011 - 08:01 pm - Link - Report abuse 0
  • GeoffWard2

    No, Tiger,
    Elaine's comments are an honest reflection of the attitudes of people I meet across Brasil - and I know this to be correct.
    Thus I accept them when she sees them at work in Argentina.

    Aug 23rd, 2011 - 11:05 am - Link - Report abuse 0

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