Tag: Indec index

• Friday, October 11th 2013 - 13:23 UTC

  Argentina September ‘Congress index’ inflation 2.11% and 25.44% in twelve months

  

  Argentina’s “Congress” Consumer Price Index which is an average of private consultants and is released by opposition lawmakers, showed that inflation in September increased 2.11%, the highest September since 1991, accumulating 25.44% in the last twelve months.

• Wednesday, October 9th 2013 - 05:28 UTC

  IMF forecasts higher growth for Argentina this year, but reliability of official stats remains controversial

  

  Argentina’s growth has recovered because of an abundant crop but economic activity continues to be contained because of the exchange rate and other administrative controls, according to the IMF latest World Economic Outlook (WHE), Latam and Caribbean chapter released on Tuesday. The IMF statement refers to Argentina’s export duties and the so called ‘dollar clamp’ which bans even saving in US dollars.

• Tuesday, September 24th 2013 - 08:04 UTC

  Argentine trade balance collapsed 60% in August because of the energy import bill

  

  Argentina’s trade balance collapsed 60% during August compared to a year ago because of stagnant exports and the doubling of energy imports according to the latest release from the government’s stats office, Indec.

• Friday, September 13th 2013 - 01:34 UTC

  Argentina forecasted to expand 5.1% this year and 6.2% in 2014, says budget presented to Congress

  

  Argentina's economy is expected to grow 6.2% next year, while GDP in 2013 is forecasted to expand 5.1% boosted by a massive grains harvest and the automobile industry, Economy Minister Hernan Lorenzino said on Thursday while presenting the 2014 budget bill before Congress.

• Thursday, September 12th 2013 - 01:20 UTC

  Argentina inflation in August according to congressional index: 2.11%

  

  Inflation in Argentina during August climbed 2.11% and 25.2% in the last twelve months according to the release from the Congress Freedom of expression commission. The so called Congressional index is an average of private consultants that have been intimidated from making public their estimates by the government of President Cristina Fernandez.

• Monday, September 2nd 2013 - 19:49 UTC

  Argentine officials admit inflation is higher than the official release from Indec

  

  President Cristina Fernandez Victory Front’s parliamentary candidate for next October mid-term election, Martín Insaurralde admitted on Monday that inflation rate is higher than the one released by INDEC statistics agency although the agency is “transparent” and “must readjust to times and realities.”

• Friday, August 16th 2013 - 03:18 UTC

  Argentina’s official July inflation 0.9%, less than half private estimates

  

  Argentina's Consumer Price Index (IPC) was up 0.9% in July, 5.7% in the first seven months of the year and 10.6% in the last twelve months, the official statistics bureau Indec reported on Thursday.

• Thursday, August 15th 2013 - 03:37 UTC

  Argentina July inflation 2.55% and 24.9% in twelve months, says congressional index

  

  Argentina’s inflation according to the ‘congressional index’ reached 2.55% in July and 24.9% in the last twelve months was announced on Wednesday by members from the opposition in the Lower House.

• Friday, August 2nd 2013 - 03:49 UTC

  Lagarde again warns Argentina about the need for ‘credible stats’

  

  The Managing Director of the International Monetary Fund (IMF) Christine Lagarde has once more requested that Argentina present economic figures based on “trustworthy and credible numbers and statistics”.

• Friday, August 2nd 2013 - 03:09 UTC

  Argentine opposition announces the ‘real life’ GDP growth index: 0.5% in the first quarter

  

  Several Argentine opposition groups have started publishing their own GDP index, (as they do with inflation) based on the average of data processed by private consultants which are exposed to the intimidation of President Cristina Fernandez administration officials.