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
- BOLIVIA: Morales Opponent Governor Removed By Legislature.
- CUBA: Food Processing Limitations Cause Waste.
- Brasilian Senator Admits We Are "A Bunch Of Crooks."
- Profile of a Cuban Spy
- Mexican Court Frees 22 Convicted Of Chiapas Killings.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- ARGENTINA: Reciprocity Tourist Tax Begins.
- BRASIL: Profile: Central Bank Chief Alexandre Tombini.
- ARGENTINA: 2 Prisoners Escape As Dummy Stands Guard.
- MEXICO : Narcos Hoist Banners In Guanajuato... Demanding Peace For Pope's Visit.