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Montevideo, May 31st 2023 - 23:46 UTC



Argentine annual inflation: 28.38%, according to the Congressional index

Wednesday, January 15th 2014 - 18:50 UTC
Full article 15 comments

Argentine annual inflation for 2013 was 28.38% after soaring 3.38% in the month of December alone, according to the Congressional consumer price index, which is a survey that takes the average of several consultancy firms. Read full article


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  • bushpilot

    “Opposition leaders publish the figures”

    They are politicians too folks. I'd not trust their figures as “real” either.

    Jan 15th, 2014 - 06:56 pm - Link - Report abuse 0
  • GFace

    Gasp... Speaking Math to Power! Arrest that man! He has a contraband HP-12C!

    Jan 15th, 2014 - 07:00 pm - Link - Report abuse 0
  • golfcronie

    Aren't they due to publish a revised INDEC report, for the IMF.

    Jan 15th, 2014 - 07:07 pm - Link - Report abuse 0
  • redp0ll

    INDEC figures? Bullshit.

    Jan 15th, 2014 - 07:13 pm - Link - Report abuse 0
  • Anbar

    There is no inflation in Argentina.

    Argentina's legal actions against oil companies in the FI has worked.

    Think is really smart.

    Spot the connection?

    Jan 15th, 2014 - 08:06 pm - Link - Report abuse 0
  • golfcronie

    Since this was mentioned weeks ago, I know for a fact that the FCO has written to the conpany heads not to visit Argentina.
    Who would want to anyway.

    Jan 15th, 2014 - 08:52 pm - Link - Report abuse 0
  • Britworker

    Hmmm, I wonder if this is why we have just had a deflected flurry of tough Falklands speeches.

    Jan 15th, 2014 - 11:05 pm - Link - Report abuse 0
  • Captain Poppy

    Anyone else notice that the SA trolls have been light lately on all articles?

    Jan 16th, 2014 - 10:12 am - Link - Report abuse 0
  • Conqueror

    @1 Oh dear. “a survey that takes the average of several consultancy firms.” so that means the opposition politicians don't actually “create” the figures. No doubt the consultancy firms would find themselves in trouble with the “government” if they published themselves. But perhaps the consultancy firms can't be trusted either. How do we get some figures?
    @6, 7 Have you posted on the wrong article?

    Jan 16th, 2014 - 10:45 am - Link - Report abuse 0
  • Don Miguel

    Yep...Argentina is truly becoming Venezuela...

    Jan 16th, 2014 - 11:54 am - Link - Report abuse 0
  • Jack Bauer

    Only 23,38% ?? would like to know which items they, water, power , cars ?

    Jan 16th, 2014 - 01:24 pm - Link - Report abuse 0
  • ernest shackleton

    I'm surprised - I've been living here on and off for several years now and it seems to me that the inflation rate has fallen in the past year. I'd say its not more than 20%. However, the USD black market rate seems to belie that.

    Jan 16th, 2014 - 03:46 pm - Link - Report abuse 0
  • golfcronie

    Have to admit I have , should have been the article about the Oil companies, incidently RKH/ PREMIER RNS this am says they are taking up 4 drill slots starting 2014/2015. They have also decided to use a tension leg platform as their preferred choice of topside delivery.

    Jan 16th, 2014 - 03:46 pm - Link - Report abuse 0
  • axel arg

    It's really notable how mercopress which often publishes about the denounces of corruption cases that involve c. f. k's government, hasn't said a word about the denounce against federico sturzeneger, in relation to the debt restructuring of 2001 (megacanje), which was finally a dirty trick against we all, and dates him as a serious source.
    I have explained in planty of opportunities the causes of inflation in argentina, in fact, i'm not surprised in absolut that all those hypocrites who usually complain about the inflation level of the country, never mention about the abuses by powerful companies, which increase the prices of the products, but don't do enough inverstments, those big companies have had huge profitabilities thanks to the policies of the government, however they are just a parasitary burguesy, who just pretends to be subsided by the state, but never make enough inverstments.
    All those orthodox economists like stuzeneguer, always refer to monetary emission like on of the main reasons of our inflationary problems, however they all omit that in the last six years, monetary mission had hight and low periods, but inflation has always remained hight.
    Since some time ago i have the conclusion that there is not any progressive way to lower inflaton, actualy there is conservative way to lower it, that's why conservatives always suggest that pay rases are inflationary, and propose to make hard cuts.
    The only one thing that a progressive government like c. f. k's can do, is to mitigate the effects of inflation, in an conomy like our's, which is mostly oligopolic and foreing, in such important sectors like food and letal mechanic, it will imposible to democratize it, otherwise, it will happen the same what happens with the broadcast law, where justice took 4 years in order to declare that the law was constitutional. Don't forget that 4 years, is a whole presidencial administration.

    Jan 16th, 2014 - 07:53 pm - Link - Report abuse 0
  • St.John

    @ 1 bushpilot

    the opposition politicians publish the average from 6 or 7 analysis firms, which have been illegally indicted by now disposed of Internal Trade Secretary Guillermo Moreno.

    Their figures correspond excellently with those from Universidad Torcuato di Tella.

    Jan 17th, 2014 - 12:26 am - Link - Report abuse 0

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