Salary increases in Bolivia have a long history of strikes, blockades and it is more or less customary to start this predicament every years around October. By the end of the first semester of the new year, the government sets percentages (politically driven or as a result of union’s and social pressure) and pushes private sector to meet those…
Tag: inflation
Bolivian inflation figures, as of Sep 2011
The Bolivian Foreign Commerce Institute (IBCE) has released its biweekly electronic bulletin Nº 71 – Bolivia, October 20, 2011. Inflation figures follows: Data is for 2011, January – September; percentage variation: monthly, cumulative and last 12 months. Source Bolivian Central Bank; chart made by IBCE; (p) preliminary data. This cartoon is from El Diario (Oct 17, 2011)….
Bolivian inflation this year: 2011
La Razon, using data from the National Institute for Statistics (INE) has produced the following chart: As of September, inflation this year is 5.54%, very close to the yearly estimated inflation current government expected to be 6% for this year. Armando Mendez, a highly respected Bolivian economist (and former Central Bank President) estimates that this…
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