Bolivia November inflation 0.42 pct, 12-month rate 3.88 pct

Reuters reports:

Bolivia November inflation 0.42 pct, 12-month rate 3.88 pct

ReutersDec 6 Bolivian inflation was 0.42 percent in November, up from 0.37 percent in October, the government’s National Statistics Institute (INE) said on Tuesday.

Prices of food, particularly potatoes and tomatoes, as well as housing and basic services, drove the rise, INE said in a report.

In the first 11 months of 2016, consumer prices in Bolivia rose 3.70 percent, according to the data.

Inflation in the 12-month period through November was 3.88 percent. For full-year 2016, Bolivia expects inflation of 5.3 percent.

(Reporting by Daniel Ramos, Writing by Caroline Stauffer, Editing by W Simon)

Let’s not forget that the government of the coca grower caudillo, has changed the parameters used by INE to calculate inflation. Added items that do not reflect their real nature, in a demagogue attempt to cover up their incompetence!

Published by Bolivian Thoughts

Senior managerial experience on sustainable development projects.

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