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Topic: Argentina’s inflation in 2012
climbed to 25.6% according to
private agencies |
Argentina’s inflation in 2012
climbed to 25.6% according to
private agencies
MercoPress [Montevideo, Uruguay], by Staff
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Original Article
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Posted By:PageTurner, 1/15/2013 6:53:01 PM
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| The 2012 twelve-month inflation in Argentina climbed to 25.6%, two times the figures registered by the official data from stats office Indec, according to the index presented by opposition lawmakers based in the analysis of nine private agencies. The latest release for the month of December shows inflation reached 2.1% in December, triggered by the New Year´s eve consumption and the beginning of the southern hemisphere summer holidays. According to Argentina’s Indec national statistics bureau, the inflation had accumulated 9.7% between January and November, which could add up to 11%
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Comments:
Socialism and Peronism in action. Can you say ´hiperinflacion´? Cristina Fernandez is on record as saying she ´knows´ Obama is a Peronist. Draw your own conclusions about his socialism. Coming to a country near you.
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Reply 1 - Posted by:
otronome, 1/15/2013 8:17:19 PM (No. 9118831)
It was those darned Falkland Islanders. They caused it, go get ´em. It will solve everything that ails Argentina.
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Reply 2 - Posted by:
Pearson365, 1/15/2013 8:31:01 PM (No. 9118850)
Since we are close to the inauguration of Juan Obameron, perhaps he could have Beyonce perform "Don´t Cry for Me, Ameritina".
Chorus:
Don´t cry for me Ameritina
The truth is I never loved you
All through my wild days
My mad false existence
I kept my promise
To break your resistance
With sincere apologies to ALW.
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Reply 3 - Posted by:
Trigger2, 1/16/2013 4:14:33 AM (No. 9119224)
I suspect the USA inflation rate will hit within the next year or two. 25.6% will seem like chump change.
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