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Why the INE Methodology Has Changed in the Calculation of the CPI
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In this Wednesday’s session of control of the government, Vox deputy José María Figaredo denounced the first vice president and minister of the economy, Carlos Córdoba, “selling a false success, a mirage of growth.” “They have even come to change the INE’s calculation mechanisms to distort the real data of inflation,” he said (min. 38:25). The Consumer Price Index (CPI) serves to measure a country’s inflation: when the annual variation of this i…
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