Back

Weekly Report - 20 March 2014 (WR-14-11)

ARGENTINA: Turning the tanker around

February’s official inflation figure showed a slight improvement on that of January: from 3.7% to 3.4%. A Reuters poll had expected 4.2% for the month. Given the Argentine government’s reputation for tinkering with its official statistics, the lower figure prompted some scepticism among market watchers. Still, even if taken at face value, a rate of 7.1% for the first two months of the year, which is projected to turn into an annual rate of well over 30%, is bad news for the government as it continues its wage negotiations with labour unions.

End of preview - This article contains approximately 781 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.