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Argentina Rules Out Immediate Changes to Official Statistics After Milei’s Critique

The presidency says methodological updates are desirable but should be postponed to keep statistics stable during the economic stabilization process before next year’s election.

Overview

  • Government spokespeople publicly rejected President Javier Milei’s call to alter INDEC methods and said there are no plans to change official statistical procedures now.
  • The dispute followed INDEC’s July EMAE release, which showed a 1.4% year‑on‑year drop and a 2.9% month‑on‑month fall in the desesasonalized series while the trend‑cycle rose 0.2%, a divergence officials said reflects short‑term volatility.
  • Citing Tuesday’s INDEC figures, presidential spokesman Adrián Ravier said desesasonalized series can mislead when seasonality shifts during structural change and confirmed the government prefers reading the trend‑cycle measure.
  • Ravier acknowledged that some methodological updates are needed but argued they should be deferred to avoid changing measures during an active stabilization effort and with the electoral year approaching.
  • Analysts note the row recalls February’s exit of former INDEC chief Marco Lavagna after a push to update methods, and the current pause could extend uncertainty about how Argentina’s recovery and public trust in statistics are assessed.