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Argentina and Venezuela with highest (and climbing) inflation in South America
Mercopress
July 12, 2010

While most of South America is undergoing a deceleration of consumer prices Argentina and Venezuela are the only countries to experience a significant increase in inflation, making it one of the main concerns or public opinion.

July 12, 2010

On average in the first half of 2010 in most South American countries inflation was in the range of 2% (in Uruguay it's 3.09%) which contrasts with Argentina and Venezuela.

In Argentina according to the controversial percentages managed by the Kirchner intervened Indec (Statistics Office) inflation between January and May reached 5.1%, however private estimates argue that it's much higher and that in the first six months it was above 10%.

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