The INDEC has ready the new price index, which will reflect the changes in the consumption of Argentines. The head of the organization, Marco Lavagna, has been working on this project for a year.
The idea is to update the consumption baskets based on the latest National Household Expenditure Survey (ENGHo) In the last 12 months, the increase was 276%. Although these levels are the highest since the hyperinflation of 1990, the latest data, for the second time, was below market expectations.