Inflation in Uruguay remains strong, reaches 4.13% in the first six months

Wednesday, July 4th 2012 - 06:05 UTC

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With a marginal descent, Uruguay’s annual inflation in the twelve months to June reached 8% compared to May’s, 8.06%, but still two percentage points above the Central bank upper cap target. Read full article

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ChrisR
Government costs in Uruguay are what is driving the inflation.

If they got rid of the dross and padding from ALL government ministeries / departments AND government monopolies (we know them all don't we) and got ANCAP to run the business as a business and not as a fiefdom for the directors then things would soon change for the better.
Jul 04th, 2012 - 05:06 pm - Link - Report abuse 0
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