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
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- PUERTO RICO: The Enigma of Tourism.
- URUGUAY:Defeats So.Korea 2-1; In Q-Finals For 1st Time in 40 Years.
- BRASIL: Judge Stops Critical S. Paulo Airport Expansion Over Improper Bids.
- ECUADOR: Judge Orders Jail For 3 Media Executives, Columnist...In Correa Libel Case.
- MEXICO: Little Hope Remains For 9 Coal Miners After Explosion Kills 5; Billionaire Carlos Slim Slammed By Court.
- MEXICO: C.Bank Bought...90 Tons Of Gold...In Past 3 Months.
- ARGENTINA: MaradonaTo Continue As Soccer Coach.
- Chavez And Argentina Sign Trade Accord.
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.