MercoPress. South Atlantic News Agency
Argentina's congressional index reports 1.52% inflation in June, and 27.9% in twelve months
Inflation in Argentina clocked 1.53% in June accumulating 27.9% in the last twelve months according to the report released on Tuesday by members of the Congressional opposition based on an average from private consultants. This week Argentina's government stats office, Indec in scheduled to announce the official rate. Read full article
Comments
Disclaimer & comment rulesIts really above 40% inflation and it will be much worse next year.
Jul 15th, 2015 - 11:38 am - Link - Report abuse 0If it was really 30% that's where the unions would be asking for increases, they're asking for 40% so it somewhere above that number now.
I don't know who they think they're kidding.
They are regressing to a state 30 years ago... It seams to be cyclical ?? ... They just can't break out of the loop...
Jul 15th, 2015 - 01:17 pm - Link - Report abuse 0Hyper-inflation is just around the corner...
So much for a progressive decade. Progressing into oblivion. Contrast argieland with Greece. Tsipras is trying to protect the people of Greece and his country. AND be honest. Kirchner is only protecting herself and her greed. And she wouldn't recognise honesty if it stood up and kicked her in the face.
Jul 15th, 2015 - 01:22 pm - Link - Report abuse 02 Mick23 (#)
Jul 15th, 2015 - 02:03 pm - Link - Report abuse 0Jul 15th, 2015 - 01:17 pm
I believe that the cyclic crises that we suffer from are caused simply by CORRUPTION, Menem and his troupe stole U$S16 billion during his “reign”, and the K thugs have stolen about U$S20 billion. No economy can stand that level of corruption!!!!!!!!!
Don't cite Impossible Mission Funding as a credible benchmark.
Jul 15th, 2015 - 02:18 pm - Link - Report abuse 0These are the same idiots that previously retained Stiglitz as an economist.
Their judgement is suspect and their values are other worldly.
How they are perceived globally is hilarious.
The deadbeats think that they are facists.
The conservatives know that they are commies.
Their ultimate goal is to form a one world government.
Their successes across Africa are marked with a trail of failed economies.
Everyone is and should be in it (economic competition) for themselves.
In this regard the russians and chinese make no pretense.
Quantifiable inflation is only 40% to 45% due to so much of rotting roadkill's domestic economy having been stifled emotionally by a lack of supply and because of institutionalized barter in various sectors and its knock on distortion on reporting.
And the k's are still lying about it. Right to our faces...how stupid do they think the people of this country are?
Jul 15th, 2015 - 07:06 pm - Link - Report abuse 0Commenting for this story is now closed.
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