Argentina's Indec to gauge CPI differently

Argentina's Indec to gauge CPI differently

Argentine Cabinet Chief Guillermo Francos announced Wednesday that a new methodology for calculating the Consumer Price Index (CPI) to measure inflation more accurately is to be implemented shortly by the National Institute of Statistics and Census (Indec), pending institutional review and an awareness campaign.

After the confirmation of Guillermo Francos in front of the deputies on Wednesday, the statistical body has "all the technical and methodological developments" to launch the new methodology.

Last Wednesday, Guillermo Francos announced that modifications will be implemented in the parameters used to calculate the Consumer Price Index (CPI), which is monthly evaluated by the National Institute of Statistics and Censuses (Indec). During his second management report to the Chamber of Deputies, the Chief of Staff presented himself for more than seven hours, responding to more than 2,300 questions. Francos commented on the new method of m…

Faced with the resurgence of price increases due to the devaluation called for by the IMF, they are seeking that the INDEC implement before the elections the new measurement, in which the Services (which today increase less) weigh more than the Foods (which increase more).The new calculation is approved and technically tested almost a year ago, but it was never implemented by a political decision of the Casa Rosada.

Buenos Aires, April 17, 2025 – Total News Agency-TNA-The National Government, through its Chief of Staff, Guillermo Francos, announced significant changes in the methodology for calculating the Consumer Price Index (CPI), which is published by the National Institute of Statistics and Censuses (INDEC). This announcement was made during the second management report of the administration of President Javier Milei, in an extensive information sessio…

The Chief of Staff, Guillermo Francos, confirmed that the statistical agency completes the details of the new index that will relieve a greater quantity of prices and update the consumer basket. How much is the difference with the current indicator. Read more