Lavagna Says Inflation Higher

Roberto Lavagna, former Argentine economy minister and presidential hopeful, has weighed into the controversial debate surrounding Argentina’s official inflation figures, reports Bloomberg. Lavagna claims the rates are higher than those published by the government, putting February’s annual inflation close to 15% instead of the 9.6% announced by the government. Lavagna, who oversaw Argentina’s economic recovery after its 2001/2 meltdown, criticized the government’s change in methodology to calculate inflation, as well as its heterodox policies of price controls.