November 24, 2014
Government says 'methodological' problems behind failure to deliver poverty rates
The INDEC statistics bureau yesterday failed to deliver Argentina’s poverty and indigence rates due to “methodological” reasons, the head of ministers has explained adding the measurement of the basic basket “differs totally” from CPI’s calculations.
“When the poverty and indigence index is released again it will because the methodological problems have been resolved,” Cabinet Chief Jorge Capitanich said in his daily message to the press at the government house today.
On Wednesday, the National Statistics and Census Institute (INDEC) postponed the release of figures from the Household Survey, which includes key data regarding poverty and indigence.
“The food basket and the total basket have totally different calculation methods,” Capitanich said and pointed out the new measurement of the CPI (Consumers Price Index) involves now “all the country” – the government of Argentina has been forced to modify what the international credit organization called an “inaccurate provision of the CPI-GBA and GDP data,” launching a new CPI back in February.