US EditionCaputo Confirmed that It Was Milei Who Ordered the Postponement of the New Inflation Rate
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The director of the Argentine statistical institute resigned on Monday, 2 February, while the government of President Javier Milei blocked the publication of a new index for calculating inflation which is supposed to better represent the reality of the economic situation of Argentines.
To carry out a new survey as proposed by the Minister of Economy Luis Caputo requires approval of a special item of the National Budget to carry it out. To train and take additional surveyors. It is necessary to relieve about 45,000 households. To start from scratch with a new update of the index with which inflation is measured to represent the current consumption of Argentines, as announced on Wednesday by the Minister of Economy Luis Caputo, …
The Minister of Economy acknowledged the government's backlash with the same phrase that Mauricio Macri used in 2018. "We were coming well, but suddenly things happened," said the engineer.
Marco Lavagna's departure from the INDEC leadership revived old discussions about the manipulation of official statistics.This Wednesday's statements by the Minister of Economy, Luis Caputo, could increase the controversy.Interviewed by LN+, Caputo confirmed that President Javier Milei ordered to postpone the implementation of the new method to measure inflation.The decision, in the long run, ended up leading to the resignation of the former own…
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