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Big Mac Index
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=== Manipulation === Critics of the [[presidency of Cristina Fernández de Kirchner]] in [[Argentina]] and many economists believe that the government has for years falsified consumer price data to understate the country's true inflation rate.{{r|politi20111124}} ''The Economist'' stated in January 2011 that Big Mac index "does support claims that Argentina's government is [[cooking the books]]. The gap between its average annual rate of burger inflation (19%) and its official rate (10%) is far bigger than in any other country."<ref name="ec20110127">{{cite news | url=http://www.economist.com/node/18014576?story_id=18014576 | title=Lies, flame-grilled lies and statistics | newspaper=The Economist | date=27 January 2011 | access-date=10 June 2012 | archive-date=14 January 2018 | archive-url=https://web.archive.org/web/20180114184425/http://www.economist.com/node/18014576?story_id=18014576 | url-status=live }}</ref> That year the press began reporting on unusual behavior by the more than 200 Argentinean McDonald's restaurants. They no longer prominently advertised Big Macs for sale and the sandwich, both individually and as part of [[value meal]]s, was being sold for an unusually low price compared to other items. [[Guillermo Moreno]], Secretary of Commerce in the Kirchner government, reportedly forced McDonald's to sell the Big Mac at an artificially low price to manipulate the country's performance on the Big Mac index.{{r|sanguinetti20120608}}<ref name="politi20111124">{{cite news | url=http://latitude.blogs.nytimes.com/2011/11/24/argentinas-big-mac-attack/ | title=Argentina's Big Mac Attack | work=The New York Times | date=24 November 2011 | access-date=10 June 2012 | author=Politi, Daniel | archive-date=21 June 2012 | archive-url=https://web.archive.org/web/20120621081114/http://latitude.blogs.nytimes.com/2011/11/24/argentinas-big-mac-attack/ | url-status=live }}</ref> In June 2012, the price of the Big Mac value meal suddenly rose by 26%, closer to that of other meals, after ''The Economist'', ''The New York Times'', and other media reported on the unusual pricing. A Buenos Aires newspaper stated "Moreno loses the battle".<ref name="sanguinetti20120608">{{cite news | url=http://www.cronista.com/economiapolitica/Moreno-pierde-la-batalla-el-Big-Mac-sale-del-freezer-y-aumenta-26-su-precio-20120608-0012.html | title=Moreno pierde la batalla: el Big Mac sale del freezer y aumenta 26% su precio | language=es | work=El Cronista | date=8 June 2012 | access-date=15 June 2012 | author=Sanguinetti, Andrew | location=Buenos Aires, Argentina}}</ref>
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