The official Argentine statistics are sharply different from those private sector economists issue.
For instance, last month the government said that inflation in 2012 was 10.8pc, while a group of private economists who collate their data put the rate at 25.6pc.
Buenos Aires benefits from understating the data, because a large part of its sovereign debt is indexed to inflation.
Just astonishing that crappy official statistics benefit the government so much. For of course, everyone agrees, it\’s not actually deliberate: it\’s a side effect of the Bastard Brits occupying Las Malvinas or something.