MercoPress. South Atlantic News Agency
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Argentine annual inflation: 28.38%, according to the Congressional index
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
Comments
Disclaimer & comment rules“Opposition leaders publish the figures”
Jan 15th, 2014 - 06:56 pm - Link - Report abuse 0They are politicians too folks. I'd not trust their figures as “real” either.
Gasp... Speaking Math to Power! Arrest that man! He has a contraband HP-12C!
Jan 15th, 2014 - 07:00 pm - Link - Report abuse 0Aren't they due to publish a revised INDEC report, for the IMF.
Jan 15th, 2014 - 07:07 pm - Link - Report abuse 0INDEC figures? Bullshit.
Jan 15th, 2014 - 07:13 pm - Link - Report abuse 0There is no inflation in Argentina.
Jan 15th, 2014 - 08:06 pm - Link - Report abuse 0Argentina's legal actions against oil companies in the FI has worked.
Think is really smart.
Spot the connection?
Since this was mentioned weeks ago, I know for a fact that the FCO has written to the conpany heads not to visit Argentina.
Jan 15th, 2014 - 08:52 pm - Link - Report abuse 0Who would want to anyway.
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 0Anyone else notice that the SA trolls have been light lately on all articles?
Jan 16th, 2014 - 10:12 am - Link - Report abuse 0@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?
Jan 16th, 2014 - 10:45 am - Link - Report abuse 0@6, 7 Have you posted on the wrong article?
Yep...Argentina is truly becoming Venezuela...
Jan 16th, 2014 - 11:54 am - Link - Report abuse 0Only 23,38% ?? would like to know which items they expunged...food, water, power , cars ?
Jan 16th, 2014 - 01:24 pm - Link - Report abuse 0I'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@9
Jan 16th, 2014 - 03:46 pm - Link - Report abuse 0Have 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.
THE STRENGHT OF ARGUMENTS, AND POLITIC OPERATIONS.
Jan 16th, 2014 - 07:53 pm - Link - Report abuse 0It'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.
@ 1 bushpilot
Jan 17th, 2014 - 12:26 am - Link - Report abuse 0the 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.
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