Tag: Indec indexIndec index
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.
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.
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.
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.
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.
Argentine magistrate orders Executive to release poverty figures; government says judge is 'meddling'
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.
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.
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.
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.
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).