Filling the Gap in Argentina's Inflation Data

6 Pages Posted: 21 May 2016 Last revised: 1 Jun 2016

See all articles by Alberto Cavallo

Alberto Cavallo

Massachusetts Institute of Technology (MIT) - Sloan School of Management

Manuel Bertolotto

University of San Andres (UMSA) - Department of Economics; Universidad de San Andrés

Date Written: May 18, 2016

Abstract

The official consumer price index (CPI) of Argentina became widely discredited after January 2007 and the National Institute of Statistics and Censuses of Argentina (INDEC) ceased its production in December 2015, leaving the country with no official measure of inflation after this date. This gap in official data poses a major problem for researchers and policymakers who need access to longer time series. In this paper, we provide a consumer price index that uses official CPI data from 1943 to 2007 and chain it to an online price index which spans from 2007 to the present. The chained index will be updated regularly on a monthly basis until a new official CPI is released.

Keywords: Argentina, Inflation, INDEC, Online Price Index

JEL Classification: E31

Suggested Citation

Cavallo, Alberto and Bertolotto, Manuel, Filling the Gap in Argentina's Inflation Data (May 18, 2016). Available at SSRN: https://ssrn.com/abstract=2782104 or http://dx.doi.org/10.2139/ssrn.2782104

Alberto Cavallo (Contact Author)

Massachusetts Institute of Technology (MIT) - Sloan School of Management ( email )

100 Main Street
E62-416
Cambridge, MA 02142
United States

Manuel Bertolotto

University of San Andres (UMSA) - Department of Economics ( email )

Vito Dumas 284
B1644BID Victoria, Buenos Aires
Argentina

Universidad de San Andrés ( email )

Vito Dumas 284
(1644) Victoria, Pcia
Buenos Aires, Buenos Aires 1644
Argentina

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