Regarding domestic factors some decelerations has been noted after complicated fourth quarter of 2011. The measures taken by the authority seeing to come into effect interest rates have decreased and capital outflows that is, although the industrial production has accelerated.Measures taken in the FX market and monetary policy being rather our commodities drove interest rates to low level stimulating or continue to stimulate prior consumption. And this trends inflation remains high, while we have started somewhat at the lower levels than previous year.
Telecom Argentina's CEO Discusses Q1 2012 Results - Earnings Call Transcript
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