Uruguay consumer inflation in 2011 reaches 8.6%, which is 43% above target

Wednesday, January 4th 2012 - 06:34 UTC

Full article 2 comments

Uruguay consumer price inflation accelerated to 8.6% in 2011 from 6.93% the previous year, the government stats office, INE said on Tuesday. Read full article

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GeoffWard2
Don't like this use of percentages of percentages of annually-meaned monthly figure annual target percentage.

'43%' is too easily mistaken for the annual inflation rate. 8.6% is bad enough!
Jan 04th, 2012 - 12:16 pm - Link - Report abuse 0
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ChrisR
Yes Geoff, but at least you can believe the Uruguay figures.
Jan 04th, 2012 - 02:39 pm - Link - Report abuse 0
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