Feb 12 • 16:56 UTC 🇦🇷 Argentina La Nacion (ES)

Economist Juan Carlos de Pablo compared the work of Indec to a popular television series: 'It's the same thing'

Economist Juan Carlos de Pablo discussed inflation in Argentina, comparing the measurement work of the national statistics agency Indec to a popular TV series, emphasizing the need to explain the ongoing high inflation rates.

In an interview with LN+ regarding Argentina's inflation figures for January, economist Juan Carlos de Pablo expressed concerns about the current inflationary phenomenon, stating that it is evident that inflation rates have consistently exceeded 2% for some time. He emphasized that the main problem lies in inflation itself rather than the consumer price index (CPI) basket, suggesting that economists need to clarify this discrepancy in reporting and understanding inflation metrics.

De Pablo also commented on the recent changes at the helm of the national statistics agency, Indec. Drawing an analogy to the popular TV series "Dr. House," he pointed out that the way the agency operates reminds him of the main character's method of diagnosis, which relies on team interaction rather than direct examination of patients. This analogy underscores the complexity and difficulty of understanding and communicating the underlying causes of inflation, hinting at a need for more transparency and clarity in how economic data is presented and interpreted.

His remarks reflect broader concerns about Argentina's economic challenges, particularly as the nation grapples with persistent inflation that impacts its citizens’ purchasing power and overall economic stability. Understanding the causal factors of inflation and adequately communicating them are crucial as the country navigates its ongoing economic crisis, making the discussion of Indec's role and performance particularly relevant at this time.

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