Argentine state workers union challenges official inflation stats with own index

Monday, January 21st 2013 - 15:02 UTC

Full article 13 comments

The insistence of the Argentine government with its official inflation stats, questioned by the IMF and other sectors of the country, will also be challenged by the powerful state workers union, ATE, which will publish a report on prices in Argentina and the basic needs of an average family. Read full article

Comments

Disclaimer & comment rules

yankeeboy
Hard to run Argentina without the support of the Unions.
Jan 21st, 2013 - 03:34 pm - Link - Report abuse 0
-+
ElaineB
The peasants are revolting.
Jan 21st, 2013 - 04:10 pm - Link - Report abuse 0
-+
Shed-time
Right wing governments always have issues with the unions, just look at new-labour. I thought, however, that it was illegal for them to suggest an inflation rate that wasn't the 'official rate', through the threat of being locked up in a La Campora branded prison?
Jan 21st, 2013 - 04:20 pm - Link - Report abuse 0
-+
Conqueror
@2 We know that, Elaine. But what are they doing?
Jan 21st, 2013 - 06:03 pm - Link - Report abuse 0
-+
Shed-time
@4 blaming it on all their long-suffering brown people?
Jan 21st, 2013 - 06:29 pm - Link - Report abuse 0
-+
andy65
ARGENTINA ALWAYS THE FACKING VICTIM ofcourse The IMF should have acted by now.
Jan 21st, 2013 - 07:21 pm - Link - Report abuse 0
-+
ElaineB
@4 : )
Jan 21st, 2013 - 08:22 pm - Link - Report abuse 0
-+
Anglotino
If the revolting peasants are indeed revolting then“Qu'ils mangent de la brioche”.

In other words let them eat cake.

My money is on CFK evacuating an over run Casa Rosada in a helicopter.
Jan 22nd, 2013 - 12:08 am - Link - Report abuse 0
-+
toooldtodieyoung
Time to grab your torches and pitch forks and storm the parliment I think. That is the language KFC / Ol' Turkey Neck seems to understand.
Oh, and while you are at it, you can hack Maximo into little pieces, that fat B*st*rd will keep all of Argentina in cooking fat for the next 3 months
Jan 22nd, 2013 - 07:21 am - Link - Report abuse 0
-+
mastershakejb
Its hilarious how the blue dollar market is “illegal”, but its done in every center of every town across Argentina in broad daylight in major city center buildings in front of everyone....so clearly those dollars are going to Cristina, along with any profits attained from them. I know this from personal experience cause I was there myself, and everywhere I walked someone was offering to trade my dollars for blue rate, and I'd walk into city center buildings right in front of police and all, and “illegally” trade my dollars.
Jan 22nd, 2013 - 01:17 pm - Link - Report abuse 0
-+
travellingscotsman
I don't see Pirate Hunter on here saying that kristina is the greatest president the RG's have had in 40 years!!! I wonder why that is ???
Jan 22nd, 2013 - 01:26 pm - Link - Report abuse 0
-+
Rufus
@11 TravellingScotsman - talk about having the bar set low, that'd be a serious limbo challenge...
Jan 22nd, 2013 - 02:29 pm - Link - Report abuse 0
-+
yankeeboy
I find it very odd that BCRA and now CFK gov't has announced a very large Peso depreciation. Is it to increase consumer spending?

30%+ inflation and
20%+Peso depreciation

Good gracious they are quickly destroying what little wealth is left in the country.
Jan 22nd, 2013 - 03:14 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!