For second year running Uruguay manages deflation in December, keeps inflation in one digit

Tuesday, January 7th 2014 - 06:05 UTC

Full article 5 comments

Uruguay again managed a December with deflation, (as happened exactly a year ago) with the consumer prices index down 0.72%, helping to bring 2013 inflation to 8.52%, according to the official stats office, INE. This is the sixth year in the last ten that Uruguay despite an unprecedented decade long growth-boom and abundant revenue overshoots its inflation target. Read full article

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Anglotino
Haha Uruguayan electricity customers got a price discount in December.

Argentinean electricity customers did too. Especially in BsAs!!!

LOL
Jan 07th, 2014 - 07:55 am - Link - Report abuse 0
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ChrisR
It was almost UY$600 from our bill, but nowhere on it did it say it was for “managing” the indices.

Old Pepe is getting just like the Argentine Collective: the Hive matters, nothing more (except Social Inclusion).

When they bury this old twat I am going to piss on his grave.
Jan 07th, 2014 - 09:55 am - Link - Report abuse 0
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Stevie
That's not true.
At the most you'll piss in a bottle, get confused and pour milk on Pepe's grave....
Jan 07th, 2014 - 04:18 pm - Link - Report abuse 0
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redp0ll
This is a complete scam and it's just the govt trying to raise more taxes,in itself an inflationary measure
Petrol (gas) prices should have come down,not up,as the Brent crude benchmark is Usd 110.
IMESI tax applies only to petrol but they put the prices of diesel and cooking gas up as well
The water company OSE loses 26 per cent of the water they pump through theft or leakage.
As for UTE the state owned electricity supplier,they had asked for a 4.8 per cent increase which the govt hiked to over 7.on our bills we pay 22 percent value added tax
So why? Well someone has to pay for the PLuna fiasco, 300million and probably double that at the end of the day
Somebody, Juan Pueblo, has to pay for the thermal power stations running on expensive hydrocarbons to supply our“cousins” across the River Plate
Gott sei dank soon with the new interconnection with Brazil we will no longer be dependant on the whims of Argentina in times of shortage.
Jan 07th, 2014 - 05:58 pm - Link - Report abuse 0
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Pugol-H
@3 Stevie
It would turn sour before it hit the earth!
Jan 07th, 2014 - 06:31 pm - Link - Report abuse 0
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