Official inflation in Argentina during February, 3.4% and 7.1% in two months

Tuesday, March 18th 2014 - 02:31 UTC

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Inflation in Argentina during the month of February reached 3.4%, which means that in the first two months of the year the index stands above 7.1%, according to the latest figures released by the country's National Institute of Statistics and Census' (INDEC) Consumer Price Index. Read full article

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Anglotino
So the Argentinean government's inflation rate has climbed closer to the congressional index but it is them that should explain how they collate it?

So the congressional index was more accurate is what Kicillof didn't want to highlight.
Mar 18th, 2014 - 04:38 am - Link - Report abuse 0
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yankeeboy
I love how they throw in that THE IMF helped create the formula, which may be true but it is still untested. It won't be tested until after a year of data.
They are such liars.
I just don't understand how they get away with the lies for so long.
The population is apathetic, stupid or both.
Mar 18th, 2014 - 11:39 am - Link - Report abuse 0
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Optimus_Princeps
@2 For some it might be a combination of those, but you forgot cowardice.

There's a strange behavior among some to be violent and belligerent to those are completely defenseless, but if there's a chance they could be struck back to any degree, they recoil, play victim and make appeals to pity. These people choose to spit vitriol when the person they hate is conveniently out of ear shot.

The K's might be dirty and vile as humans can be, but there is a portion of the electorate that has the same morally bankrupt value system, like I mentioned above.

As I mentioned in a previous post, it would take something more extreme to cause a spark of violent public outrage. When the welfare checks stop coming in, then you'll start seeing some changes.
Mar 18th, 2014 - 02:05 pm - Link - Report abuse 0
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yankeeboy
4. They can and will continue to pay welfare as long as they can keep the printing press running with pesos.

So the rest of the apathetic population needs to suffer until that happens.
I am so glad I don't live there.
Mar 18th, 2014 - 02:07 pm - Link - Report abuse 0
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MagnusMaster
@4 yep but then the welfare will become worthless due to inflation.

The reason the K can get away with so much lies is simply because they are untouchable and all the violent people are getting paid by the government. Also the people can let the government do away with ANYTHING as long as the economy is fine and they can buy a new TV, they are hardly any different from the poor who get paid 20 pesos to vote. Regular people can do nothing but complain and vote during the next elections.
Mar 18th, 2014 - 02:13 pm - Link - Report abuse 0
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yankeeboy
5. They wont stay untouchable.
Give it a little more time
Mar 18th, 2014 - 06:00 pm - Link - Report abuse 0
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ManRod
Wow Argentina. Your last months Inflation is higher than Chile's in whole 2013 and almost tripples the Chilean whole year 2012 Inflation.

Great work, lads!!!!
Mar 21st, 2014 - 01:44 pm - Link - Report abuse 0
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