Thursday, November 01, 2007
Meassuring the inflation due to the new currency truncation
October was a dissapointing month on the inflation front, but not unexpected, since the 1st of the month all business had to convert to Bs. F pricing nomenclature leading to what was warned would lead to inflation on arithmetic alone. Well here are the results.
It was 2.4% compared with 1.3% for September 07 and 0.7% October 06.
We are more or less on par with last year, but we might finish a tad better since the change already took place.
Link
|
It was 2.4% compared with 1.3% for September 07 and 0.7% October 06.
We are more or less on par with last year, but we might finish a tad better since the change already took place.
Link
|