Wautoma, WI
Current Conditions
0:56 AM CDT
Partly Cloudy
Temperature
27°F
Dew Point
17°F
Humidity
65%
Wind
CM at 0 mph
Barometer
30.50 in. F
Visibility
10.00 mi.
Sunrise
07:32 a.m.
Sunset
05:48 p.m.
Evening Forecast (7:00pm-Midnight)
Temperatures will range from 36 to 27 degrees with clear skies. Winds will remain steady around 9 miles per hour from the north. No precipitation is expected.
7-Day Forecast
Friday
36°F / 26°F
Clear
Saturday
43°F / 26°F
Sunny
Sunday
50°F / 29°F
Partly Cloudy
Monday
53°F / 33°F
Light Rain
Tuesday
47°F / 33°F
Partly Cloudy
Wednesday
48°F / 33°F
Light Rain
Thursday
38°F / 24°F
Partly Cloudy
Detailed Short Term Forecast
Issued at 0:56 AM CDT
Friday...Temperatures will range from a high of 36 to a low of 26 degrees with clear skies. Winds will range between 7 and 11 miles per hour from the north. No precipitation is expected.
Overnight ...Temperatures will remain steady at 27 degrees with clear skies. Winds will remain steady around 7 miles per hour from the north. No precipitation is expected.
Saturday...Temperatures will range from a high of 43 to a low of 26 degrees with clear skies. Winds will range between 2 and 6 miles per hour from the south. 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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