Business leaders and organized labour ignore Argentina’s official inflation index

Tuesday, August 30th 2011 - 03:42 UTC

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Following the agreement which raised the Argentine minimum wage by 25%, equivalent to 549 dollars per month, business leaders and representatives from the labour unions admitted that when it comes to salaries negotiations the official inflation index from the government statistics office, Indec, “is not taken into account”. Read full article

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willi1
The arg inflation discussion in connection with the increasement of the salaries is like the first earthquake movements before the big bang tsunami earthquake:
Everybody knows the facts - that the big earthquake will come - but the decisionmakers of ck´s gang lie them away. one not so far day the inflation rate will explode due to higher salaries rates following on higher inflation than estimated.
Than 25 % increasements will not be enough for “the poor” and arg will return to the world champion in inflation rates and money destroing.
Shame on them!
Aug 30th, 2011 - 07:42 am - Link - Report abuse 0
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Artillero601
but people vote for her and that's the reality .... Ahh but when you ask, nobody does!!! Interesting , isn't it?
Aug 30th, 2011 - 02:32 pm - Link - Report abuse 0
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