Argumentative Text
Venezuela faces dangerous inflations problems in Latin America
Venezuela is currently considered the Latin-American country with the highest inflation rate reaching 35,4% estimated for 2009, almost 4 points higher than the 31,8% that is finishing with in 2008. While Argentina will goes down to 8.7% for the next year.
The information was offered by Consensus Forecast International Consulter during an interview to the newspaper La Tercera, it is also shown that other countries like Bolivia and Chile will tend to decline in their rates.
The inform that considered Investment Banks, economist and Stock Markets anticipated that Chile will finish the year 2008 with an inflation rate that touch the 8,1%, but it will goes down for the next year to 4% due to the reduction in the prices of Oil and food.
Besides that, Bolivia will have a low inflation rates along 2009 located in 3,9%, passing from 14,3% registered in this year to 10,4% projected for the next twelve months.
In addition to this, Peru will record the best inflation rate in the region with an improvement of 3,9% in comparison to 6,5% that is finishing with in this year.
This inform also concludes that In Latin America the inflation rates will slow down 1,3 average percentage points. Crossing from 8,4% of this year to 7,1% to the next.
It is pretty important that Venezuela assume smart and well-prepared measures in order to maintain the slow but important economic prosperity that has been shown in some sector in the last years. The international falling of oil prices could represent an imminent danger to the social stability and in consequence, to the government itself.
