MercoPress. South Atlantic News Agency
Argentina’s official inflation for August, 0.9% and 6.8% in the eight months
Argentina’s inflation advanced 0.9% in August and 6.8% in the first eight months of the year according to the controversial official stats office Indec. Whole sale prices were up 1% over July and the construction cost increased 1.3%. Read full article
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Disclaimer & comment rulesAre these figures not deeply insulting to the intelligence of Argentineans?
Sep 13th, 2012 - 05:15 pm - Link - Report abuse 0Man they should calc my taxes......but then again I may be charged with criminal fraud if they did.
Sep 13th, 2012 - 05:37 pm - Link - Report abuse 0No one in the entire financial world believes them which is why their inflation bonds have lost an average 15% this year alone.
Let's see how YFP's short term bond auction is going......NO WHERE in the real financial world. But at the end of the world where up is down and down is out. Guess who bought some short term bonds from YFP...........I know the suspense is killing you.....Anses pension (stolen from the good people of argentina). One would think when you calc an inflation rate at 6.8% for the year, bonds would come in around that rate. NOPE........YFP is paying 18% interest to Anses for a short term bond (to make payroll).
Wake up argentina......hit the styreets tonight starting at Santa Fe y Callao all the way to anal lips house, who left because she fears reality.
1 Condorito (#)
Sep 13th, 2012 - 05:42 pm - Link - Report abuse 0Sep 13th, 2012 - 05:15 pm
Yes, hermano, they bloody well are!!!!!
http://af.reuters.com/article/commoditiesNews/idAFL1E8KBNL620120911?pageNumber=1&virtualBrandChannel=0
Sep 13th, 2012 - 05:51 pm - Link - Report abuse 0AND
http://af.reuters.com/article/commoditiesNews/idAFL1E8KBNL620120911?pageNumber=1&virtualBrandChannel=0
@ 4
Sep 13th, 2012 - 06:32 pm - Link - Report abuse 09/13/12 = Conqueror Captain Poppy Death Notice
We all attend his funeral!
INDEC = government agency telling lies to the Argentine people about inflation
Sep 13th, 2012 - 06:58 pm - Link - Report abuse 0Argentine Government = tells lies to the Argentine people about the history of the Falklands
@5
Sep 13th, 2012 - 07:29 pm - Link - Report abuse 0Rabiosa,
This is my street corner, mov your dripping skanky ass and wachiturro kids along.
Drip, drip.
preciosa is sussie USA, susan brown, 2012, pro RG American.....all kinds of names. She calls herself a patriot but left her own country......supposedly. She, as a self proclaimed idiot, posts the most ridiculous things, that almost always nakes no sense, inculding that fact that she thinks I am British and have mulitple names.......lol
Sep 13th, 2012 - 07:48 pm - Link - Report abuse 0HUGE and I mean HUGE Protests all over the Argentina! I'm watching Tn.com.ar now. This is how they got 5 Presidents in 2002.
Sep 13th, 2012 - 11:22 pm - Link - Report abuse 0They need to keep that up.
Sep 13th, 2012 - 11:36 pm - Link - Report abuse 0I don't understand how the government controlled statistics agency can get away with this crime, I mean they report an increase of 0.9% this effectively means that the prices in the supermarket shelves remain essentially unchanged. The truth is that all Argentinians that go shopping CAN see retail prices drastically move upwards from week to week. So again, how is INDEC allowed to get away with this? And worse how do the CFK supporters believe this lie. I'm totally confused.
Sep 14th, 2012 - 09:23 am - Link - Report abuse 0The CFKC supporters would believe black was white if she told them to think that.
Sep 14th, 2012 - 09:41 am - Link - Report abuse 0Judging by the mass protests across the country last night, I think the majority of Argentine people have reached the end of their patience with her constant lies. There were a variety of reasons for people protesting against the government but primarily they wanted to make it clear they would not tolerate CFKC for another term.
My favourite comment was the man who said he was 'sick of the President hogging all TV channels and droning on for hours at a time'. : )
6,8% yearly inflation in Argentina?
Sep 14th, 2012 - 01:02 pm - Link - Report abuse 0Must be the best stat since about a decade?
Argentine's are surely on the streets to party this!
@3 Simon,
Sep 14th, 2012 - 01:39 pm - Link - Report abuse 0I thought as much.
But what I don’t get (based on all the Argies I know) is that Argies always think they are being lied to and never accept the official line, even when there is no evidence to back their mistrust. Yet here (as TCP correctly states @11) anyone who buys food must know that these numbers are complete nonsense. So they must know the government is treating them like fools..so why aren’t heads rolling?
Come on RGs don’t be force fed foie gras geese, be wild geese, flying free!
14 Condorito (#)
Sep 14th, 2012 - 01:57 pm - Link - Report abuse 0Sep 14th, 2012 - 01:39 pm
The MASSIVE protests throughout the country (even in our little town of 10.000 we managed over a thousand protesters in the plaza) were, among other reasons against the INDEC lies.
Is there really an opposition leader/party that the ordinary Argentinian people believe can change things ?
Sep 14th, 2012 - 02:01 pm - Link - Report abuse 0The deceitfulness of the INDEC figures is as clear an afront to democracy and respect to the voters as any can be.
Sep 14th, 2012 - 02:32 pm - Link - Report abuse 0Until this and many other issues are sorted out how can Argentina be considered a (valid) democracy. The ability to vote is not enough!
We will find out on Monday if the IMF censures Argentina over the false INDEC numbers. IF so BYE BYE all U$ from IDB WB, U$ necessary to pay Int'l debts next year!
Sep 14th, 2012 - 03:06 pm - Link - Report abuse 0I wonder what the real BCRA free reserves are currently. I bet it is U$8B or less.
Looks like it is all about to collapse...I hope so I would love to see the end of the DictaK regime.
@1 “intelligence of Argentineans”. Sorry, I missed that. Are you sure that “intelligence” and “arg.......” should be in the same sentence?
Sep 14th, 2012 - 04:16 pm - Link - Report abuse 0@5 I have a special bayonet just for you. Where would you like it? Through your eye? Through your throat? Through your chest? Through your belly? Through the balls you don't have? Hold on, I'm making a wish. Then I'm going for a pee. If you think you're getting a rain shower, my wish is coming true! Come on now, be good. Get those knees up behind your head and open your mouth. Your normal “working” position“.
@15 Would ”you” like to be governed by Britain? WE can put argieland back on its feet. As we have done before. Read the history. Argieland can learn to be honest, truthful, trustworthy, prosperous. Possibly even friendly! Look across the water. See a country on the British model. Even with argie interference, it is at least twice as wealthy as anywhere in argieland!
Propaganda from INDEC
Sep 14th, 2012 - 07:30 pm - Link - Report abuse 0lol, 6.5 to the dollar, might as well be infinity to the dollar, since the Arg peso is totally worthless.....no wait, I guess it could be used at toilet paper, but that'd be aweful abrasive and hard on the bum
Sep 14th, 2012 - 10:20 pm - Link - Report abuse 0http://www.aljazeera.com/news/americas/2012/09/201291421514919689.html
Sep 14th, 2012 - 11:06 pm - Link - Report abuse 0#8 “preciosa is sussie USA, susan brown, 2012, pro RG American”
Sep 15th, 2012 - 08:15 am - Link - Report abuse 0Don't think susie is ProRGAmerican, totally different style
#12 ”My favourite comment was the man who said he was 'sick of the President hogging all TV channels and droning on for hours at a time'. : )”
Must be a minority viewpoint, to have a beautiful woman talking wisdom in defence of justice regularly on the TV must be popular with some =)
#16 “Is there really an opposition leader/party that the ordinary Argentinian people believe can change things ?”
No, or at least only for the worse. I must say I'm dissapointed in the Binnerites joining the opposition rather than defending the leftist Cristina, though of course I'd prefer them to the Macriites or the right Peronists. But Cristina is head and shoulders over all of them
BK you mindless idiot. If I were from the UK..........I would hunt you as an excercise in eliminating human waste. You are not just an embarrassment to the fine people of the UK, but to Europe and the earth as well.
Sep 15th, 2012 - 03:00 pm - Link - Report abuse 0The people that both support her AND live under her does not spoke of her as you do, with adjectives that show your amorous intentions of someone with a perpetual erection inflamed with a concept you are so ignorant of.
I used to feel sorry for you but you are a waste of oxygen and DNA. You speaking of the virtues and great things cfk has done is like anyone on earth talking how great living on Saturn will be.
btw.....if you were ever there, you would understand what he is complaining about......ever night on TV and never taking questions.......one sided interviews.
INDEC are taking the piss big-time in their own pronouncements: inflation of 6.8% in eight months (10.2% for 12 months); construction costs UP 26.5% in the last 12 months.
Sep 15th, 2012 - 04:11 pm - Link - Report abuse 0Can anyone see the porkies here?
Yet they increased welfare to children 26%. If they people in argentina are doing so well......why did anses say that 60% of children in argentina are on welfare?
Sep 15th, 2012 - 06:36 pm - Link - Report abuse 0Commenting for this story is now closed.
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