It seems that Argentina has been cooking the books

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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