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Data Change: Argentina - CPI revived
Friday, 07 Sep 2018 08:14 ET
By Edward Chaplin
Summary
September 2018 -- INDEC has resumed the production of a detailed CPI for Argentina, obviating the need for our estimates (four monthly series 1943 to 2018, replaced by 19 from 2016).
Detail

Over the past three years, the Argentine national statistical agency (INDEC) has made numerous incremental changes to its consumer price reporting to regain confidence in the validity of the numbers. In the latest change, it has resumed reporting of a dataset that (a) describes the country, (b) is expressed as an index, and (c) is detailed by COICOP.

In response, we have:

  1. Discontinued our four estimated stopgap series (1943 to 2018).
  2. Renamed discontinued series to make room.
  3. Created 19 new as-reported series.
  4. Extended the history of the as-reported all-items indexes.
  5. Created seasonally adjusted (SA) supplements to the extended all-items indexes.
  6. Refurbished the catalog to clearly separate the eight variants of this dataset.

Dataset properties:

  • Classification: COICOP
  • Measurement: Fixed-base value index relative to December 2016 (Index Dec2016=100)
  • Adjustment: Not seasonally adjusted (NSA)
  • Geo coverage:
    • General index - Country and Greater Buenos Aires
    • All other series - Country
  • Native frequency: Monthly
  • As-reported start dates:
    • April 2016 - for Greater Buenos Aires
    • December 2016 - for all other series

Step 1 - The discontinued estimates reside in the historical catalog (Argentina » Price » Consumer price index » Discontinued » 1943 to 2018, Moody's Analytics Estimated) and are:

  • RCPITT_15AM.IARG  = [DISCONTINUED] Consumer price index: General index, (Index 2015=100, SA)
  • RCPITT_15UM.IARG  = [DISCONTINUED] General index, (NSA)
  • RCPIHOS_15AM.IARG = [DISCONTINUED] Housing and basic services, (SA)
  • RCPIHOS_15UM.IARG = [DISCONTINUED] Housing and basic services, (NSA)

Step 3 - The new as-reported series (Argentina » Price » Consumer price index » From 2016, Dec2016=100) include, for example:

  • CPITTUM.IARG      = Consumer price index: General index, (Index Dec2016=100, NSA)
  • CPIHLTUM.IARG     = Health
  • CPIGDSUM.IARG     = Memo - Goods

Step 5 - Seasonally adjusted supplements include:

  • CPITTAM.IARG_GBA  = General index, (Index Dec2016=100, SA) - for Greater Buenos Aires

Because catalog locations are subject to change, the upper-right search box on DataBuffet.com provides a "find in catalog" mode that accepts a mnemonic.

See also

Other
Related ReleaseConsumer Price Index
SourceNational Institute of Statistics and Censuses of the Argentine Republic (INDEC)
FrequencyMonthly
GeographyArgentina
Catalog
Upcoming
Release DateReference date
16 Oct 2019Sep 2019
14 Nov 2019Oct 2019
12 Dec 2019Nov 2019