The problem is inflation, not the IPC basket
The article discusses the ongoing inflation issue in Argentina, highlighting a recent consumer price increase and the public's perception of the inflation calculation.
The article discusses the recent inflation data released by Indec, showing a 2.9% rise in consumer prices from December 2025 to January 2026. This has led to a 32.4% increase in prices compared to the same time last year. Despite the rise, the author emphasizes that the issue of inflation should not be solely blamed on the revision of the IPC (Consumer Price Index) weights, which has been a contentious topic regarding its public communication.
As the article progresses, it points out that the departure of the head of Indec, Marco Lavagna, and the changes in the IPC structure were known in advance and should not have come as a shock to those involved. The author dismisses these changes as irrelevant in the broader context of decision-making relative to inflation, suggesting that the real issue lies in the persistent inflation rate itself rather than the technicalities of index calculation.
In reflecting on the implications of inflation in Argentina, the article underscores the importance of effective communication from economic institutions. The confusion around the CPI weights may have contributed to public dissatisfaction, but fundamentally, the high inflation rate remains a pressing challenge that requires strategic interventions and economic policy adjustments.