Uruguay in September definitively loses control of 2012 inflation target

Thursday, October 4th 2012 - 07:38 UTC

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Uruguay’s consumer prices soared 1.21% in September over August totalling 6.67% in nine months and 8.64% in the last twelve months, above the 7.88% at the end of August. Read full article

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ChrisR
AT LAST!

Somebody with a brain in central government has woken up to what I have been posting is the problem. Systemic costs in the economy due to over-stuffed government offices and utterly incompetently managed government monopolies such as UTE and ANCAP.

NOW, can we hope for any real progress in moving all these people from out of their cushy government jobs into productive industrial jobs?

NOT A CHANCE without a change of government so called leaders in the ministries, an education programme making them fit for work in the private sector AND government support for incoming industry (already available but not promoted adequately).

Still, it's a start by recognising changes MUST happen.
Oct 04th, 2012 - 10:06 pm - Link - Report abuse 0
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GastonBaires
I thought you were going to blame Argentina for this too! LOL
Oct 05th, 2012 - 06:19 am - Link - Report abuse 0
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ChrisR
Boatings Arse (yes it is an anagram, but it is so YOU, don't you think?)

No, this is SOLELY the fault of our government and Pepe doing nothing about it but allowing y=the likes of UTE and ANCAP to keep running out of control.

We know that Argentina causes us severe problems, but this is not one of them.

I don't lie nor do I blame those who are blameless.
Oct 05th, 2012 - 11:39 am - Link - Report abuse 0
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British_Kirchnerist
#3 “I don't lie nor do I blame those who are blameless”

Good. Next step is to not punish those who are blameless either, in this case the workers and the poor...
Oct 11th, 2012 - 05:25 pm - Link - Report abuse 0
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