Uruguay’s April consumer inflation reached its highest level in thirteen months and for the second month running was above the 7% annual target, according to the latest report from the Statistics Institute.
Argentina became the richest country in Latin America in 2009 as measured by GDP per capita purchasing power parity, PPP, according to a Latin Business Chronicle analysis based of new data from the International Monetary Fund.
Argentina’s Deputy Economy Minister Roberto Feletti said the Government “will not accept economic policies to be dictated” by the International Monetary Fund (IMF) and added that country's statistical information is “trustworthy and solid.”