Argentine ‘official’ November inflation reached 0.6% and 8.6% in eleven months

Saturday, December 17th 2011 - 03:24 UTC

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The consumer price index in Argentina during the month of November increased 0.6% according to the official stats office Indec, which is less than half the percentage released by private estimates through the so called Congress inflation index. Read full article

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ChrisR
So it's official then: more bollocks spoken by the Argentinean govt.

Pity it's only a third of the real inflation rate to working people and probably a fifth for pensioners.

And wait until the avowed policy of the Central Bank to devalue the Pesos starts to tighten even further than it already has: my prediction 35% - 38% Aug 2011 -July 2012.
Dec 17th, 2011 - 02:09 pm - Link - Report abuse 0
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