Argentina’ industrial output growth slowed down in August, says Indec

Friday, September 23rd 2011 - 23:40 UTC

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Argentina's industrial output growth slowed in August to 5.2% year-on-year, while month-on-month economic activity contracted in July for the first time in 13 months, the government said on Friday. Read full article

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yankeeboy
As I said the Real devaluation is going to be a great problem for ARG. Exports will be severely hurt next year and so will the corresponding tax revenue. I think your 10 yr cycle may be coming to an end.
I bet she goes after Union dues next year. Throw a couple union thugs in jail for malfeasance, steal the dues to “protect” the worker's money and viola another revenue stream. It should work for a little while if the country doesn't fall apart first.
Sep 24th, 2011 - 04:05 pm - Link - Report abuse 0
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