Argentina July inflation 2.55% and 24.9% in twelve months, says congressional index

Thursday, August 15th 2013 - 03:37 UTC

Full article 6 comments

Argentina’s inflation according to the ‘congressional index’ reached 2.55% in July and 24.9% in the last twelve months was announced on Wednesday by members from the opposition in the Lower House. Read full article

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yankeeboy
I think I said in Jan that year end inflation will be closer to 40 than 30%.
Looks like again I am going to be right
Is their goal 100% per month week or day?
Bahahahaha
Aug 15th, 2013 - 09:08 am - Link - Report abuse 0
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ChrisR
@1

I don't think it will be as limited as that! :o)
Aug 15th, 2013 - 10:28 am - Link - Report abuse 0
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Optimus_Princeps
It's customary to allow for free trade when in economic turmoil, and impose duties when there's a surplus of stock; not the other way around. When manufacturing and agriculture are threatened with violence, restrictions and taxes; it is common to labor as little, produce as little as possible, while hiding any profits and stock.

Of course, the K's don't give in the reason and logic...or read for that matter.
Aug 15th, 2013 - 10:47 am - Link - Report abuse 0
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GFace
Speaking math to power: A crime in Argentina without congressional immunity.

What a sad state.
Aug 15th, 2013 - 03:21 pm - Link - Report abuse 0
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Marc1
It's no fun shopping for basic essentials in Argentina when you never know from week to week what the prices are going to be.
Aug 19th, 2013 - 01:26 pm - Link - Report abuse 0
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ChrisR
5 Marc1

Just hope that Pistol Pete Moreno does not “improve” the supply like the last time, you will have nothing to buy.
Aug 19th, 2013 - 04:54 pm - Link - Report abuse 0
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