Daily Archives: October 9, 2016

Bolivia September inflation 0.45 pct, 12-month rate 3.47 pct

Reuters reports:

Bolivia September inflation 0.45 pct, 12-month rate 3.47 pct

ReutersOct 6 Bolivian inflation was 0.45 percent in September, bringing the country’s 12-month rate to 3.47 percent, the government’s National Statistics Institute (INE) said on Thursday.

Prices of potatoes and chicken rose while the cost of onions, peas, bananas, toilet paper and transportation fell, INE said in a report.

In the first nine months of 2016, consumer prices in Bolivia rose 2.9 percent, according to official data. For full-year 2016, Bolivia expects inflation of 5.3 percent. (Reporting by Daniel Ramos; Editing by James Dalgleish)

http://www.reuters.com/article/bolivia-inflation-idUSL2N1CC19J

Lets not forget that INE’s credibility is questionable to say the least, the populist government has manipulated data and items to be considered for this analysis as well as to the consumer index … so, lets take this info with a grain of salt.