Tag: Indec index

Indec index
Monday, January 25th 2016 - 10:10 UTC

Proxy inflation in Argentina reached 6.5% in December and 31.6% in 2015

The monthly figure was double that reported by the Buenos Aires City, the other index suggested by INDEC. The City reported 3.9% Dec. inflation and 29.6%

Consumer prices rose 6.5% in December in the Argentine province of San Luis, one of the indexes the new leaders of the country's INDEC statistics bureau had said could be used as a proxy for national inflation figures — amounting to a cumulative 31.6% increase in 2015.

Thursday, January 21st 2016 - 07:33 UTC

Argentine Finance minister expected to meet IMF chief to renew formal ties

Resuming formal ties means allowing the IMF to conduct a review of the Argentine, which would be their first since 2006.

Argentine Finance Minister Alfonso Prat-Gay is planning to meet with IMF's Christine Lagarde at the World Economic Forum in Davos, Switzerland, to discuss resuming formal ties with the international lender, according to a report published by Bloomberg.

Saturday, December 12th 2015 - 07:11 UTC

Argentina's new administration package of economic measures next week

Prat-Gay advanced that the Central Bank's dollar future contracts are under review, but no decision has been reached.

Argentine finance minister Alfonso Prat-Gay announced on Friday that next week levies on farm (grains and oilseeds) exports will be lowered, the half year bonus of wage earners if below 30.000 Argentine Pesos will be exempt from income tax, and the policy of “looked-after prices” at supermarkets will continue.

Sunday, October 25th 2015 - 10:43 UTC

Tierra del Fuego inflation in September jumped 1.2% and 25.1% in 12 months

Healthcare, food and beverage, education where the items which most increased over August

September inflation in the Argentine extreme south province of Tierra del Fuego reached 1.2% and 18,8% in the nine months of the year, and 25.1% in the last twelve months according to the provincial stats and census office.

Thursday, October 15th 2015 - 07:10 UTC

Argentine September inflation 1.92% and 25.91% in last twelve months

The Congress index acts as a reference because the official inflation rate, supplied by the much questioned Indec is “absurd”, said Patricia Bullrich.

September inflation in Argentina was 1,92% and reached 25.91% in the last twelve months according to the monthly report from opposition members of Congress, which is based on the average of the country's leading private consultants. Later this week the official Indec rate is expected to be announced, systematically lower than that of the so called Congress index.

Thursday, September 17th 2015 - 08:54 UTC

Argentine magistrate orders Executive to release poverty figures; government says judge is 'meddling'

Federal Administrative Contentious judge Sarmiento decided on the issue following on a request from opposition lawmaker Victoria Donda

An Argentine magistrate ordered the Executive to present official reports on the extent of poverty and indigence in the country, figures which allegedly the much questioned stats office, Indec ceased to release almost two years ago. However cabinet chief Anibal Fernandez ironically downplayed the order arguing the judge was 'meddling' in something she does not know.

Tuesday, September 15th 2015 - 10:06 UTC

Tierra del Fuego August inflation, 2.3% and 28.4% in the last twelve months

The official CPI in Argentina for August was established at 1.2%, and at 9.4% and 14.7% for the last eight and twelve months.

The consumer price index in Tierra del Fuego, extreme south of Argentina climbed 2.3% in August, totaling 17.4% in the first eight months and 28.4% in the last twelve months, according to the province's stats and census office.

Saturday, September 12th 2015 - 11:00 UTC

Argentina's inflation slowing but still comfortably on the two digits

City of Buenos Aires stats office admits prices are on a down-slide tendency, with eight months inflation at 15.95%, and 28.2% in the last twelve months.

According to Argentina's stats office Indec, consumer prices during the month of August climbed 1.2% over July, 9.4% in the eight months and 14.7% in the last twelve months. These numbers however are quite different from private consultants' estimates and the City of Buenos Aires stats office: 2.17% and 1.8% inflation for August, respectively.

Monday, August 24th 2015 - 10:24 UTC

Tierra del Fuego inflation in July, 1,5% and 28.2% in the last twelve months

In July in Tierra del Fuego, Goods and Services climbed 4.4%; clothing and footwear, 1.9%; transport, communications and leisure, 1.8%

The Consumer Price Index in Argentina's Tierra del Fuego province reached 1.5% in July and 28.2% in the last twelve months, according to the province's Stats and Census office.

Wednesday, July 29th 2015 - 06:30 UTC

Positive signals from Argentina's economy ahead of October's election

A rebound in the auto industry which picked up 6.8% was a crucial element in the upturn. Figures were supported with rising sales both at home and abroad

Industrial production in Argentina fell 0.8% in June compared to the same period last year, according to the country's National Statistics and Census Institute (INDEC), marking the 23rd consecutive month that the sector has contracted. However with seasonally adjusted figures, Indec's data showed a 0.9% rise, the first positive advance in two years (July 2013).

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