Uruguay will appeal to a cut in state-run utilities rates, if necessary, to keep inflation under con

Uruguay will appeal to a cut in state-run utilities rates, if necessary, to keep inflation under con

Uruguay will appeal to a cut in state-run utilities rates, if necessary, to keep inflation under control

Uruguayan President Jose Mujica admitted that annual inflation would likely remain between 7 and 9% for the rest of his administration, above the government's target maximum, but he will appeal to a cut in state-run utilities rates if necessary to keep the index under control.

http://en.mercopress.com/2014/02/17/uruguay-will-appeal-to-a-cut-in-state-run-utilities-rates-if-necessary-to-keep-inflation-under-control