US EditionLavagna Said the Indec Does Not Change the Measurement of Inflation by Elections the Delay in the Implementation of the New Methodology
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The economist explained that indices always generate "a lot of noise" and that it is not the right time to make modifications. He also minimized the impact that the change will have on the number of inflation.
The National Institute of Statistics and Census (INDEC) will complete the update of the basket of goods and services used to measure inflation in the coming months, incorporating items such as digital services and weighting them based on the new consumption habits recorded in the latest National Household Expenditure Survey. This was revealed by Marco Lavagna, director of INDEC, who reviewed methodological details, operational progress, and the …
The director of the body detailed the characteristics of the survey, which will include digital services.
In the coming months, the National Institute of Statistics and Censuses (INDEC) will complete the update of the basket of goods and services used to measure inflation. The new methodology will incorporate digital services such as streaming platforms, give greater weight to mobile telephony and reduce the incidence of fixed, reflecting the current consumption habits of Argentine households. According to Marco Lavagna, director of the agency, the …
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