CIPR | Center For Inter-American Policy & Research

Tulane University

Argentina Fines Private Consultants for "Unofficial" Inflation Estimates

March 16th, 2011

The government of Argentina has fined private consulting firms for publishing their own estimates of inflation. Relying on a law passed in 1983 during the military dictatorship and with backing from the National Institute of Statistics and Census (Indec), the government fined Orlando Ferreres & Associates over $100,000 for releasing allegedly misleading estimates of inflation. Ferreres considered the move an act of censorship that seriously curtails basic freedoms of expression, especially since the estimates are not sold and are used solely to process other data. Official inflation figures have faced increasing credibility problems under the current administration.

Find the complete article, in Spanish here. Find a related article, in English here.