Argentina: controversy over possibly inaccurate inflation figures

Argentine President Nestor Kirchner defended a shakeup at the country’s statistics agency which may lead to drastic changes for Argentina’s inflation rates. “Analysts and economists that have criticized the data are being paid by other political interests” said Kirchner as his administration struggles to control a rise in inflation which has grown into the double digits.

Links- Houston Chronicle, Bloomberg

Image- tcsdaily.com