Wholesale prices in Argentina reach 73.5% in 2018; Peso rallies 10% in the midst of recession

Friday, January 18th 2019 - 10:04 UTC

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Wholesale prices in Argentina shot 73.5% higher in 2018, government data showed on Thursday, the fastest rate since 2002 when they climbed 118% during an economic crisis that tossed millions of middle-class Argentines into poverty. Read full article

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Enrique Massot
Funny to see on the same MP page an old story headlined with a quote from Macri, “Argentina has left the populist experiment and no other country has its potential.”

Thanks to the abandonment of the “populist experiment,” the Macri government has no doubt unleashed the country's potential, as can be appreciated in the above story.

Which leaves one scratching one's head. Was populism that bad after all?
Jan 18th, 2019 - 05:42 pm - Link - Report abuse -1
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Don Alberto
“Retail prices in South America's second largest economy climbed 47.6% in 2018, the official INDEC statistics agency reported earlier this week”

That is almost 13.2 Kirschner-INDEC per cent!
Jan 18th, 2019 - 10:03 pm - Link - Report abuse +1
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The Voice
Our Sepoys are doing just great!
Jan 18th, 2019 - 10:52 pm - Link - Report abuse 0
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