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.
Argentina's economy grew 9.1% in the second quarter from a year earlier, the national statistics agency, Indec, reported Friday.
‘Official’ inflation in Argentina hit 0.8% in August and accumulated 6.4% in the first eight months of the year and 9.8% in the last twelve months, according to the Indec statistics and census bureau.
A surge in fresh food prices has pushed Argentina’s August consumer inflation to one of the highest of the year, 2% over the previous month, according to private consultant estimates and published in the Buenos Aires press.
Argentina has a population of 40.117.096, according to the definitive facts of the 2010 National Population and Home census released by the country’s national statistics and census bureau, Indec.
Argentina's 12-month inflation expectations were unchanged for a sixth straight month in August, according to a closely watched survey published by the Torcuato Di Tella University.
Argentina's economy grew by a wide margin in June on the back of a consumer spending spree and solid demand for the country's grains and manufactured goods overseas, according to the national statistics office, Indec.
The Fitch rating agency decided to maintain a positive rating outlook for Argentina, although it warned about the effects of inflation.
Argentina's official inflation was up to 0.8% in July, the government reported on Monday, but private analysts said the real rate was about double that.
Argentina’s “Congress inflation index” reached 1.62% in July, confirming well over 23% for the last twelve months according to the latest release from the Lower House.