Tom McKay

It seems that Argentina has been cooking the books. Argentina's national statistics bureau, Indec, announced on October 15 that the country's monthly inflation clocked in at 0.8% for the month of September. However, the country's Congressional Index, an alternate measure, which uses data supplied by private consultants, is more like 2.11%. The discrepancy between government and private estimates isn't new; it's been growing every month since the beginning of 2013. Check out the graph here: (VIEW LINK)


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