Tag: Indec index

Indec index
Monday, September 29th 2014 - 08:39 UTC

Argentine stats on economic growth again come under suspicion

Official Indec figures released last week showed GDP growing 0.9% in the second quarter, up from a contraction of 0.5% in the quarter before

Argentina’s government released some hopeful economic statistics last week with numbers showing that the economy climbed out of recession in the last quarter. But with skepticism over the numbers, combined with a free-falling peso, in light of Argentina’s debt dispute with holdout creditors, economists still have a grim outlook the Mercosur member economy.

Saturday, September 13th 2014 - 06:57 UTC

Argentina with two August inflation measures: the official Indec, 1,3% and the congressional rate, 2.65%

According to Indec, Housing and basic services lead the increase with 2.6%, followed by Education with a 2.1%

Argentina has two consumer prices indexes, and they differ considerably. In effect during August the so called congressional index doubled the official rate: the National Urban Consumer Price (IPCNU) released by the stats office Indec, in the eighth month of the year was 1,3%, which means inflation in the first eight months stands at 18,2%.

Saturday, August 16th 2014 - 08:32 UTC

Argentine official inflation in July, 1.4% and 16.7% in first seven months

 Transport and communications had the largest impact on the July index

Argentine inflation rose 1.4% during July leaving consumer prices 16.7% higher than at the beginning of the year, official data showed on Friday. The July index was slightly higher than the 1.3% of June and confirms Argentina is experiencing one of the highest inflation rates in the world and only second to Venezuela in Latin America.

Friday, July 18th 2014 - 13:28 UTC

Over 30% of Argentine children live in households below the poverty line

According to the UCA report on Social Debt, 32% of households don't have access to the sewage system and 11% to drinking water

Four out of ten people in Argentina live in households where children suffer poverty conditions, according to the latest release from the Argentine Catholic University (UCA) Social Debt Barometer.

Thursday, July 17th 2014 - 06:36 UTC

Argentine Congressional index inflation: 2.2% in June and 39.9% in six months

Housing and public utilities were the items with the largest increases in June

Inflation in Argentina during the month of June reached 2.2% accumulating 39.9% in the first half of the year, according to the average of private consultants, which is also identified as the Congressional index. The announcement comes a few hours after the official rate from the Indec stats office was released, 1.3% and 15%.

Wednesday, July 16th 2014 - 08:00 UTC

June inflation in Argentina reached 1.3% and 15% in the first half of 2014

Housing, basic services plus healthcare were the items with the highest rises

June inflation in Argentina reached 1.3%, accumulating 15% in the first six months of the year, according to a release from the country’s stats office Indec. The release also revealed the wholesale prices had increased 1.5% in June, while locally-made products saw rises of 1.5%.

Tuesday, June 24th 2014 - 04:26 UTC

Argentine economy contracts 0.2% in first quarter; 2013 growth down to 2.9%

Under the old stats system the Argentine economy in 2013 expanded 4.5%

Argentina's economy contracted during the first quarter of the year as high inflation and weak exports to top trade partner Brazil took a toll. During the first three months of the year, GDP fell by 0.2% on the year and contracted 0.8% on the quarter, the national statistics agency Indec reported Monday.

Monday, June 16th 2014 - 00:35 UTC

Argentina's inflation index in May, 1.4% and 13.5% in five months

“We saw a strong deceleration overall but it was the category of food and drinks that particularly interested us” said Kicillof

Argentina's consumer price index revealed an inflation rate of 1.4% for May, down from 1.8% in the previous month announced on Friday Economy Minister Axel Kicillof at a press conference held at the Ministry in Buenos Aires. In the first five months of the year inflation stands at 13.5%.

Saturday, June 7th 2014 - 04:48 UTC

IMF welcomes Argentina's implementation of actions on CPI and GDP indexes

Argentina must still implement actions previously specified for end-September 2014 and end-February 2015,

The International Monetary Fund (FMI) welcomed on Friday “all the specified actions,” taken by Argentine President Cristina Fernández administration, to improve Consumer prices and Gross Domestic Product indexes under INDEC National Statistics Bureau orbit.

Thursday, May 29th 2014 - 06:07 UTC

Buenos Aires City households need 1.300 dollars per month; 25% don't make that sum

The estimates were elaborated by the Buenos Aires City's stats office

A family living in Argentina's capital, Buenos Aires needs 10.454 Pesos to make it to the end of the month, according to the city's stats and census office. The average household refers to a couple with two children, that pays rent and does not include transport, private education or health care.

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