After we have recently mentioned how Argentina’s government fakes its inflation statistics and how the Argentines felt that the actual inflation number was close to 30% last year, the respectable “The Economist” decided to remove Argentina‘s “official” inflation numbers from its indicators page and illustrated its thoughts about the “Hermanos” government in this fashion:

And here is the official statement:

“… since 2007 Argentina’s government has published inflation figures that almost nobody believes…. From this week, we [The Economist] have decided to drop [Argentina’s government agency] INDEC’s figures entirely. We are tired of being an unwilling party to what appears to be a deliberate attempt to deceive voters and swindle investors. For Argentine consumer-price data we will look instead to PriceStats, an inflation specialist, which produces figures for 19 countries that are published by State Street, an investment bank.”

Tagged with:  
Share →