The cost of the Total Basic Basket (CBT)which measures the poverty line, increased 2.6% in September. In this way, youA “typical” family needed $964,620 to not be considered poor.
According to data published this Thursday by the INDEC, both the CBT and the Basic Food Basket (CBA)which is used as a threshold to evaluate indigence, rose below general inflation, which in the ninth month of the year was 3.5%. In order not to fall into destitution, the same family mentioned above, composed of a 35-year-old man, a 31-year-old woman, a 6-year-old son and an 8-year-old daughter, required a minimum income of $428,720.
It is worth remembering that the CBA was determined taking into account the kilocaloric and protein regulatory requirements essential for a adult male between 30 and 60 years old (considered “equivalent adult”)of moderate activity, cover those needs for a month.
Meanwhile, CBT incorporates non-food goods and services considered essential for human development, considering what portion of their income the population usually allocates to spending on food and what portion to the rest of the products they consume.
With the numbers released this day, The CBA accumulated an increase of 78.1% in the first nine months of 2024, while the increase in the CBT was 94.6%. Both baskets grew less than INDEC’s own Consumer Price Index (CPI), which rose 101.6% in the same period.
In year-on-year termsthe comparison was similar: general inflation was 209%CBT increased 202% and the food basket did it in a 189.9%.
Inflation slowed in September
The INDEC reported that inflation slowed to 3.5% in September, after 4.2% in the previous month. The food division showed an increase of 2.3%.
In Greater Buenos Aires, the foods that increased the most were pumpkin (+27.9%), sweet potatoes (+8.7%), yogurt (+8.2%), salami (+8.2 %) and tomato (+8.2%). At the far end, There were drops in the prices of rice, noodles, water crackers, hake fillet, onion, lettuce, sugar and grass.
Source: Ambito
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