Tag: Indec

• Saturday, March 16th 2013 - 03:31 UTC

  Argentina expanded 1.9% in 2012; saves 4bn dollars on GDP-growth linked bonds

  

  Argentina’s GDP expanded 1.9%, following an increase of 2.1% in the last quarter of 2012, compared to the 8.9% of 2011, according to the official but questioned national stats office Indec release on Friday.

• Thursday, March 14th 2013 - 08:50 UTC

  Argentine official inflation in February, 0.5% helped by 60 days price freeze

  

  Argentine consumer prices rose 0.5% in February, the smallest gain since June 2009, after supermarkets and home appliance retailers agreed to freeze prices for sixty days, according to the government’s much questioned stats office, Indec.

• Thursday, March 7th 2013 - 07:01 UTC

  IMF mission in Argentina to check financial system, in framework of G20

  

  Officials from the International Monetary Fund and the World Bank arrived in Argentina on Tuesday to evaluate the country's financial system as part of checkups agreed among Group of 20 nations, according to a report from the official state news agency, Telam.

• Friday, February 1st 2013 - 23:02 UTC

  IMF censures Argentina; ‘remedial measures’ expected by September

  

  Argentina became the first country censured by the International Monetary Fund for not sharing accurate data on inflation and economic growth under a procedure that can end in expulsion. The declaration of censure was adopted Friday by the IMF 24-member board of directors and even if it doesn’t have immediate effects, the decision takes the country a step closer to sanctions that include barred access to IMF loans.

• Tuesday, December 4th 2012 - 16:24 UTC

  Punished by inflation a third of Argentines with difficulties to face monthly payments

  

  A third of Argentines have difficulties to face monthly costs because of inflation and lagging salaries, and 11% admit to “many difficulties” according to the latest Poliarquía public opinion poll released this week.

• Wednesday, November 21st 2012 - 20:51 UTC

  Argentina with the world’s fourth highest inflation, says private bank

  

  Argentina is the country with the world’s fourth highest inflation, behind Sudan, South Sudan and Byelorussia, according to a report from a leading Argentine bank from the City of Buenos Aires.

• Saturday, November 17th 2012 - 05:37 UTC

  Topsy-turvy inflation numbers from Argentina’s official stats office

  

  More bad publicity for Argentina’s official Stats office, Indec: not only are the institution’s releases on inflation taken lightly or ignored by a majority of Argentines and openly questioned by the International Monetary Fund, now the head of the office was caught driving under the influence of alcohol.

• Thursday, November 15th 2012 - 23:05 UTC

  IMF remembers Argentina that on 17 Dec it will assess quality of official stats

  

  The International Monetary Fund ratified on Thursday that “on December 17” it will assess the “quality of Argentine statistics, particularly those referred to inflation”, an issue over which it had already warned the administration of President Cristina Fernandez.

• Thursday, November 1st 2012 - 06:47 UTC

  Leading Argentine corporation claims the economy is in ‘very fragile situation”

  

  One of Argentina’ leading international corporations, Techint, made public a 200 pages report sent to the Buenos Aires stock exchange with a devastating picture of the country’s economy which “continues in a state of fragility”.

• Thursday, October 25th 2012 - 06:31 UTC

  Argentina reaches surplus target but exports in September plummeted 27%

  

  Argentine exports in September experienced their largest drop since the 2009 financial crisis totalling 6.818bn dollars or 12% less than the same month a year ago, according to the latest report on the country’s foreign trade released by INDEC.