US EditionArgentina’s stats chief quits as Milei’s government freezes inflation index overhaul
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67 Articles
Argentina’s stats chief quits as Milei’s government freezes inflation index overhaul
Argentina’s national statistics agency, INDEC, said its director, Marco Lavagna, stepped down on Monday after more than six years in the post, just as the country was preparing to launch a revamped consumer price index (CPI). Within hours, Economy Minister Luis Caputo confirmed the methodology change would be delayed indefinitely “until the disinflation process is consolidated,” with no new date set.
The inflation index is the most sensitive of all published monthly by the National Institute of Statistics and Census of Argentina (Indec). Next week, the first Consumer Price Index (CPI) produced with an updated basket, which reflected more faithfully the current consumption of Argentines. The first sign that the plan derailed was the resignation by surprise of the director of the Indec, Marco Lavagna. The well-known economist, who had been in …
The director of the National Institute of Statistics and Censuses (INDEC), Marco Lavagna, presented his resignation on Monday, reported from the press area of the
La Tercera
diarioestrategia.clThe Director of the Argentine Statistical Body Resigns After the Manipulation of the Inflation Index
The director Instituto Nacional de Estadística y Censos de Argentina (INDEC), Marco Lavagna, presented his resignation after the Central Bank of the Republic of Argentina (BCRA) acknowledged that applying the new model of Consumer Price Index (CPI), inflation would have been higher in the last two years. “Marco Lavagna today presented his resignation to the INDEC and communicated it within the Institute,” explained a spokesperson for the INDEC c…
BUENOS AIRES (AP) — The government of Javier Milei suffered the downfall of an official in charge of the agency responsible for measuring inflation in Argentina just a few days after the release of a new cost-of-living calculation method.
The president of the National Institute of Statistics and Censos (Indec), responsible for measuring inflation in Argentina, resigned on this Tuesday at the agency's post since 2019. Marco Lavagna presented her resignation after leading the reform of the methodology to measure inflation, whose first result under the new rules will be published on the next day 10. While trying to close agreement with the United States: Milei defends Argentina's sh…
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