Uruguay

Juan Jose Barrios jota at netgate.com.uy
Fri May 21 19:26:35 PDT 1999


S Pawlett wrote:


> One of the
> negatives is that Uruguay still has fairly high inflation (the last time I looked)
> 40-50%.

Hey!, we are down to 8.6 (1998) and 5-7 % expected for 1999. Annual inflation rate as of April: 7.49!!Unemployment: 12% and rising.


> I think its geographical location has a lot to do with its relative
> economic success.

Of course! Doesnt is apply to every country in the world?


> Lots of gawdy tourism too. Punta del Este, ick.
>
> Sam Pawlett



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