Argentina’s industrial output in July could be feeling the Brazilian pinch

Saturday, August 20th 2011 - 06:34 UTC

Full article 3 comments

In spite of the good overall performance of the Argentine economy with annual growth estimated at 8.2%, industrial output had a lower showing and climbed 7.6% in July over the same month last year, according to the Industrial Monthly Estimator, EMI. Read full article

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wesley mouch
8% growth and 25% inflation means negative real growth. not good. But she is cruising to reelection
Aug 21st, 2011 - 02:12 pm - Link - Report abuse 0
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yankeeboy
Every INDEC number has been manipulated since the Ks began their reign. If they are reporting 8 its probably really 4. The economy is crap and the only way to make it last a little longer is devaluation. It is pretty easy to buy elections when you have control how much money is printed and put into circulation. I think this year the going rate per ballot is $100 pesos up from $25 when she was “elected” 4 yrs ago.
Aug 22nd, 2011 - 02:08 am - Link - Report abuse 0
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Tigre2000
Hey yankeeboy if that's the case The U.S debt crises must be around 18 trillion compared to 14trillion stated by its U.S financial markets that sounds crap to me.
Aug 22nd, 2011 - 06:40 pm - Link - Report abuse 0
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