Official September inflation in Argentina 0.8%, less than half the so called Congress index

Wednesday, October 16th 2013 - 08:16 UTC

Full article 5 comments

The Argentine government official Consumer Prices Index climbed 0.8% in September over August and reached 7.4% in the first nine months of the year, according to the National Stats Institute, Indec. Read full article

Comments

Disclaimer & comment rules

Gordo1
More manipulation of actuality! How dishonest can they get?
Oct 16th, 2013 - 10:27 am - Link - Report abuse 0
-+
Conqueror
Second paragraph. Very poor journalism. The figures are double the “Congress index”, are they?

What I find curious is why Indec doesn't just insist that there is no inflation or price increases. Nobody would believe it, but then nobody believes anything Indec says anyway. Why go to all the trouble of coming out with these ridiculous figures?
Oct 16th, 2013 - 11:36 am - Link - Report abuse 0
-+
owl61
One instruction given to a jury before they retire to decide a case is that if they have found a witness untruthful once, they are entitled to disregard all his testimony as untruthful if they so desire. As much as I might agree with CFK's stated social goals especially redistribution of the wealth and a safety net for the poor, I find her administration's lies via INDEC to undermine her credibility in all other respects including the goals she claims to be pursuing.
Oct 16th, 2013 - 01:55 pm - Link - Report abuse 0
-+
Skåre-Vuggevise
Not that anyone actually believes any of the heavily palmed official numbers relating to the finances of Argentina, but even the official monthly 0.8% inflation rate is disastrous and a crying indictment of CFK's failure to live up to even the most fundamental of her promises and an economy that is (yet again) imploding before our very eyes .. and doing so in a manner that inflicts the greatest hurt on the poor gullible souls whose votes she bought by promising to stand up for them and redistribute wealth to them. Poor deluded suckers .. and few of them even intelligent enough to understand what they have brought on themselves.
Oct 17th, 2013 - 01:02 pm - Link - Report abuse 0
-+
yankeeboy
The rapidly decreasing reserves has a lot of financial newspapers predicting a currency crisis in 2014.
DUH
Won decade
Good gracious what will she come up with next?
Oct 17th, 2013 - 02:25 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!