Uruguay’s consumer prices rose 0.16 percent in May from a year earlier, the national statistics agency said on its website yesterday, according to Bloomberg News. Prices rose 7.09 percent from a year earlier, the agency said.
This is good news for those of us worried about the economy overheating. Let's hope Brazil keeps things in check too. The steady growth rates (as opposed to bubbles or spikes) has been a real success story across the Southern Cone.
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