AP / M.WARREN
Soaring commodity prices have helped President Christina Kirchner...aka CFK...increase the minimum wage this month by 25%...welfare payments by 23%...and retiree pensions.
But inflation continues to devalue any increases.
The IMF now says it can no longer trust the government's inflation stats...and will supplement figures with data from private consultants and provincial governments.
The province of San Luis reports 26% inflation...equal to Venezuela's.
Popular Posts
- ECUADOR: Judge Orders Jail For 3 Media Executives, Columnist...In Correa Libel Case.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- CZECH REPUBLIC: Attempts To Ban The Communist Party.
- COLOMBIA: Capturing The Beauty In Beauty Contests.
- COLOMBIA: FARC Abducts & Murders Provincial Governor.
- BRASIL:1ST UPDATE: Ramalho Refuses Job Offer; Menezes Named National Coach.
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- PUERTO RICO: The Enigma of Tourism.
- URUGUAY: Prez. Mujica Popularity At Record High After 100 Days.
- EUROZONE: Now Freezing Out Goldman Sachs After Sovereign Bond Debacles.