Argentine November inflation 1.44% and 22.63% in eleven months, say lawmakers

Wednesday, December 14th 2011 - 03:56 UTC

Full article 4 comments

Argentine Lower House opposition lawmakers announced on Tuesday that inflation in November had reached 1.44%, accumulating so far this year, 22.63%. The so called ‘Congressional index’ is an average of the estimates from private consultants who face heavy fines if they make public their numbers. Read full article

Comments

Disclaimer & comment rules

Redhoyt
Can't go around saying things like 22% - Cristina will be unhappy !
Dec 14th, 2011 - 07:59 am - Link - Report abuse 0
-+
JuanStanic
She has to lie about this. If they prepare the budget with the numbers showing their inflation, when the do taxing they will earn more money, as IVA is fixed to 21% not caring at all about the price.
Dec 14th, 2011 - 05:08 pm - Link - Report abuse 0
-+
xbarilox
Daniel Scioli is enjoying life at this very moment hahaha
Dec 14th, 2011 - 05:49 pm - Link - Report abuse 0
-+
Pirat-Hunter
with all the trash talk Argentina gets from the leaches who feed from them, I am sure inflation will slowly rise to the highest when they cheer soo much for it. USA did it to their own airline industry in 2001 by showing you the planes over and over again untill both airlines went bankrupt, and it kept going untill ford and GM almost met the same fait, but it was too late for the banks who depended in a healthy and active economy to gather capital for morgages. the dinosour 8 cyl 350cc engine soo popular with GM and ford where bleeding the scarse resources payed in U$ dollars while tata in India not only provided the same services but for a lower cost and for a lot less resources. talking about inflation and economy....how is EU's economy doing this morning ??
Dec 15th, 2011 - 12:16 am - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!