Tag: Indec

Indec
Friday, November 18th 2011 - 21:39 UTC

Argentine economic activity expands in September for 25th straight month

Grain exports and strong domestic demand are boosting the economy

Argentina's economy grew 7.7% in September from a year earlier, the government said on Friday, beating market expectations and marking the 25th straight month of growth.

Tuesday, November 15th 2011 - 06:27 UTC

Argentine congress October ‘inflation index’: 1.49%, double the official rate

The panel of lawmakers makes the announcement

Argentine lawmakers announced Monday the so-called Congressional ‘inflation index” for October which they estimated at 1.49% and is well over double the official Indec index released last week, 0.6%.

Saturday, November 12th 2011 - 09:51 UTC

Argentine official October inflation 0.6%; the congressional index, 1.6%

Clothes registered the strongest increase according to INDEC

Argentina's official inflation was reported at 0.6% in October, breaking with 18 straight months of consumer prices reported at either 0.7 or 0.8%, the government reported on Friday.

Saturday, October 15th 2011 - 04:30 UTC

Argentine September official inflation 0.8%, less than half private estimates

The much discredited Indec

September inflation in Argentina climbed 0.8%, less than half the estimate from private consultants, according to the latest report from the discredited Statistics and Census Institute, Indec. In nine months accumulated inflation reached 7.3% and compared to a year ago, 9.9%.

Thursday, October 13th 2011 - 23:23 UTC

Argentine ‘Congress inflation’ in August reached 1.89%, double the official index

Silvana Giudice from the Radical party was on the panel announcing the latest index

Argentine opposition members of the Lower House released on Thursday the dissident inflation rate (‘Congress index’) for October. The index, which was set at 1.89%, is based on reports delivered by some private consultants, which differ substantially from that release by the INDEC Statistics Bureau Agency.

Monday, September 26th 2011 - 06:34 UTC

IMF insists Argentina must improve measuring inflation method

‘If we don’t know reality, we can’t anticipate problems’ says Eyzaguirre

Nicolas Eyzaguirre, the IMF director for Latin America, stated that Argentina must apply “major measures” to improve its method of measuring the inflation.

Friday, September 23rd 2011 - 23:40 UTC

Argentina’ industrial output growth slowed down in August, says Indec

Energy shortages could have had an impact of factory output

Argentina's industrial output growth slowed in August to 5.2% year-on-year, while month-on-month economic activity contracted in July for the first time in 13 months, the government said on Friday.

Friday, September 23rd 2011 - 01:41 UTC

IMF chief wants “constructive dialogue” with Argentina but warns about stats

Christine Lagarde, ‘no concessions on official data’

The head of the International Monetary Fund, Christine Lagarde, said on Thursday that she wants a “constructive dialogue” with Argentina, while at the same time warned that she is not willing to make any “concessions” in terms of the quality of official data the IMF receives from member countries.

Thursday, September 22nd 2011 - 08:36 UTC

IMF will use private and provincial data to gauge Argentine economy

Allegedly manipulation of statistics begun with former president Nestor Kirchner

The International Monetary Fund will use estimates from the private sector and provincial governments to measure economic growth and inflation in Argentina, underscoring the IMF distrust of official data.

Saturday, September 17th 2011 - 05:03 UTC

Argentina’s economy expanded 9.1% in the second quarter, according to Indec

Deputy Economy Minister Feletti said the government expects the economy to expand about 5% in 2012

Argentina's economy grew 9.1% in the second quarter from a year earlier, the national statistics agency, Indec, reported Friday.

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