Wautoma, WI
Current Conditions
0:56 AM CDT
Cloudy
Temperature
57°F
Dew Point
52°F
Humidity
84%
Wind
CM at 0 mph
Barometer
29.88 in. F
Visibility
10.00 mi.
Sunrise
07:23 a.m.
Sunset
05:59 p.m.
Evening Forecast (7:00pm-Midnight)
Temperatures will range from 56 to 58 degrees with mostly cloudy skies. Winds will range between 7 and 12 miles per hour from the southwest.
7-Day Forecast
Friday
58°F / 49°F
Partly Cloudy
Saturday
60°F / 36°F
Sunny
Sunday
59°F / 36°F
Scattered Showers
Monday
61°F / 48°F
Light Rain
Tuesday
53°F / 35°F
Partly Cloudy
Wednesday
47°F / 32°F
Partly Cloudy
Thursday
47°F / 32°F
Light Rain/Snow
Detailed Short Term Forecast
Issued at 0:56 AM CDT
Friday...Temperatures will range from a high of 58 to a low of 49 degrees with partly cloudy skies. Winds will range between 7 and 15 miles per hour from the west. No precipitation is expected.
Overnight ...Temperatures will range from 54 to 50 degrees with partly cloudy skies. Winds will range between 10 and 15 miles per hour from the west. No precipitation is expected.
Saturday...Temperatures will range from a high of 60 to a low of 36 degrees with clear skies. Winds will range between 8 and 15 miles per hour from the westnorthwest. No precipitation is expected.

Argentina freezes prices to break inflation spiral

Feb. 7, 2013 | 0 comments

Argentina announced a two-month price freeze on supermarket products Monday in an effort to break spiraling inflation.

The price freeze applies to every product in all of the nation's largest supermarkets - a group including Walmart, Carrefour, Coto, Jumbo, Disco and other large chains.

The companies' trade group, representing 70 percent of the Argentine market, reached the accord with Commerce Secretary Guillermo Moreno, the government's news agency Telam reported.

The commerce ministry wants consumers to keep receipts and complain to a hotline about any price hikes they see before April 1.

Polls show Argentines worry most about inflation, which private economists estimate could reach 30 percent this year.

The government says it's trying to hold the next union wage hikes to 20 percent, a figure that suggests how little anyone believes the official index that pegs annual inflation at just 10 percent.

The government announced the price freeze on the first business day after the International Monetary Fund formally censured Argentina for putting out inaccurate economic data.

The IMF has given Argentina until September to bring its statistics up to international standards, or face expulsion from the world body in November.

President Cristina Fernandez and her economy minister, Hernan Lorenzino, responded over the weekend with a flurry of attacks on the IMF, saying the agency's data-gathering efforts had lost credibility in the lead-up to Argentina's historic 2001 debt default.

They said IMF advice is leading Europeans astray by favoring big banks over measures that can grow economies out of crisis.

However, Lorenzino also said that the government will begin using a new inflation index starting in fourth-quarter 2013 - just in time for the IMF's decision.

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