August CPI

Many economic data this week, none particularly "green" data that tell us about unemployment of 20%, 10% deficit, double digit delinquencies and banks and accounting results with the permitted limit. Consumption and productivity collapsing and a country that loses competitiveness forced marches and whose lands are no longer attractive to foreign capital. Tax increases that will hurt the economies that have been saving themselves from the crisis and lack of consensus and agreement to undertake labor market reforms without which it is not possible out of the crisis. In this context we analyze the data on the August CPI. The consumer price index has risen 3 tenths and is located in a -0.8% accumulating six months of declines and officially entered into deflation. Rising

fuel prices has increased prices for transport and the automotive industry and housing grew by -0.2% due to heating costs. Complex scenario for an economy that continues with the job loss and loss of purchasing power.

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