Tag: Indec

• Monday, March 5th 2012 - 05:56 UTC

  Inter American bank does not trust Argentine official stats, uses private estimates

  

  Argentina must solve the controversy over the measurement of inflation which has significant economic and political costs, said Eugenio Diaz-Bonilla the Inter American Development Bank, IADB, director for Argentina and Haiti.

• Friday, February 24th 2012 - 07:38 UTC

  Argentina and the price of cooking the books, according to The Economist

  

  History has left Argentines with more than their share of economic trauma. Having twice suffered destructive bouts of hyperinflation in the late 1980s, they are sensitive to rising prices. When they spot inflation their instinct is to dump the peso and buy dollars.

• Tuesday, February 21st 2012 - 05:19 UTC

  Argentine economy expands 8.8% in 2011; capital outflow reaches 21.5bn dollars

  

  The Argentine economy expanded 8.8% in 2011 according to the controversial National Statistics office, Indec, while the Central bank reported that 21.5 billion dollars fled from the country last year, which is 88% higher than in 2010.

• Saturday, February 11th 2012 - 02:15 UTC

  Argentine government and private sector coincide inflation is climbing, and fast

  

  Argentina’s consumer prices inflation reached 0.9% in January, accumulating 9.7% in the last twelve months according to the official Indec national statistics bureau. The index is less than half the private estimate or “Congress index”, 1.9%.

• Thursday, February 9th 2012 - 07:40 UTC

  Argentine ‘Congress index’ shows January inflation reached 1.9%

  

  Argentine congress members announced on Wednesday that the inflation index for January based on an average of private sector estimates reached 1.9%, similar to the previous month of December.

• Wednesday, February 8th 2012 - 22:03 UTC

  Why you can’t find a Big Mac on Argentina’s Mc Donald’s menu?

  

  Argentina’s booming economy has been one of the few bright lights in an otherwise gloomy global financial picture the last few years. But inflation of up to 25% threatens that growth. It's one of the world’s highest inflation rates, reports the US public funded Public Radio International.

• Thursday, February 2nd 2012 - 05:15 UTC

  IMF warn Argentina on ‘lack of progress’ in addressing inflation data

  

  The International Monetary Fund (IMF) warned Argentina about its “lack of progress” in addressing inflation data and called on the country to implement “specific measures” within the next six months to improve it.

• Monday, January 30th 2012 - 23:02 UTC

  Argentine industrial production forecasted to expand 6% to 7% in 2012

  

  Argentine industrial production is expected to expand 6% to 7% this year, Industry Minister Debora Giorgi said in a statement Sunday. That would put industrial growth inline with 2011, when it rose 6.5%, according to the national statistics agency, Indec.

• Saturday, January 14th 2012 - 06:25 UTC

  Argentine ‘official’ annual inflation, 9.5%; wholesale prices up 12.7%

  

  Argentina’s official inflation in 2011 reached 9.5%, following on December’s Consumer Prices Index (IPC) of 0.8%. Both percentages from the National Stats bureau, Indec are disputed by the Congressional index and private sector estimates which stand at a floor of 22.8% and 1.9%.

• Friday, January 13th 2012 - 20:15 UTC

  Non-official Argentine inflation hits 1.9% in December and 22.81% in 2011

  

  Argentine opposition lawmakers presented December’s consumer inflation index based in the analysis of nine private agencies, which showed a 1.9% increase over the previous month and totalling 22.81% for the twelve months of 2011, roughly double the official index.