MercoPress. South Atlantic News Agency
Argentine August ‘non-official’ inflation index marks 1.9% and 24.23% in twelve months
Argentina’s August inflation index based in the analysis of nine private agencies and released by Congressional members from the opposition climbed 1.9% against the previous month, the highest in the last four months. Read full article
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Disclaimer & comment rulesNo surprises. The rise in prices in our part of Patagonia this month is 2.8%, this is apreciably higher than the Congress value, but we are well over 1.000 kilometers from Bs. As. so the transport costs (especially diesel) have a great influence in the local inflation rate!
Sep 11th, 2012 - 02:24 pm - Link - Report abuse 0But what will the inflation rate be by Christmas?
Sep 11th, 2012 - 08:00 pm - Link - Report abuse 0”My predictions for a default were and still are the blue dollar at 9:1 and inflation at 40% by the end of the year (2012).
The combined effect will then result in runaway inflation leading to a meltdown of the economy by the end of 2013.”
It may even be sooner than that.
Inflation? What inflation? Two months ago a man´s haircut cost about $11 U.S. dollars. Today it costs $18.50.
Sep 11th, 2012 - 08:43 pm - Link - Report abuse 0Isn't a haircut taxed as a luxury expense ?
Sep 12th, 2012 - 12:55 am - Link - Report abuse 0She's after another business:
http://online.wsj.com/article/BT-CO-20120907-713603.html
#4 Cool =)
Sep 12th, 2012 - 10:57 am - Link - Report abuse 0You are correct BK.....one more nail in her coffin. I am waiting to see the effigies hanging during the Santa Fe protests tomorrow.
Sep 12th, 2012 - 11:44 am - Link - Report abuse 0Commenting for this story is now closed.
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