Argentine officials admit inflation is higher than the official release from Indec

Monday, September 2nd 2013 - 19:49 UTC

Full article 8 comments

President Cristina Fernandez Victory Front’s parliamentary candidate for next October mid-term election, Martín Insaurralde admitted on Monday that inflation rate is higher than the one released by INDEC statistics agency although the agency is “transparent” and “must readjust to times and realities.” Read full article

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Condorito
Wat, INDEC has been telling porkies all this time?
Flabbergasted!
Sep 02nd, 2013 - 09:33 pm - Link - Report abuse 0
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GFace
Arrest that man! He's doing algebra or some other mathy kind of thing...
Sep 02nd, 2013 - 10:01 pm - Link - Report abuse 0
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Anglotino
In breaking news, Martín Insaurralde claims:

“A bear shat in the woods!”
Sep 03rd, 2013 - 12:21 am - Link - Report abuse 0
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ljb
“”However the Kirchnerite candidate warned that Indec inflation was well below the salary increases obtained by organized labour during the round of negotiations.“”

Inflation won't stay that way if the wages increases are well higher!! Heading further up methinks.
Sep 03rd, 2013 - 05:13 am - Link - Report abuse 0
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Mendoza Canadian
It is 30% however you look at it. Just got back from Canada-land and food is actually cheaper there than here. Tried to buy some cucumbers yesterday...at 30 pesos per kg!! Imagine. That's about $6 Cdn. And they were soft and wrinkled....garbage.
Sep 03rd, 2013 - 07:29 am - Link - Report abuse 0
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Conqueror
Is this the first tentative step toward telling the IMF the truth? “Let's see whether we can get away with saying that actual inflation is 1% higher than we thought. We can string this out for years!” But what do you if the IMF etc expels you next month? As it should do. Because the argie National Congress already has the real figures. And the argie government are LIARS! Now kick 'em out. And make sure they can't get usable money anywhere. If they get dosh from China and/or Iran, increase prices for anything they want to buy. and cut the prices for anything they want to sell. Protectionism? Show 'em the real thing!
Sep 03rd, 2013 - 07:56 am - Link - Report abuse 0
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ChrisR
If you study the photo this guy looks like he has a turd under his nose and the message from those eyes!

”Why do I have to TALK to you people, don't you know who I am?

Snakeoil salesman from birth.
Sep 03rd, 2013 - 02:45 pm - Link - Report abuse 0
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GFace
@7 you might get sued by the Fraternal Order of Snakeoil Salesmen with that barb. You can call Snakeoil peddlers many a thing, snooty isn't one of them :-)
Sep 03rd, 2013 - 04:13 pm - Link - Report abuse 0
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