The increase in baskets accelerated per month to thread, although the impact of the dollar rise was lower than expected.
The cost of basic baskets rose 1.9% in Julyin line with general inflation. It was the second consecutive acceleration, although the impact of the increase in the dollar was lower than expected.
Both the total basic basket (CBT), which determines the poverty line, and the basic food basket (CBA), which measures the indigence threshold, grew in the same proportion. Thus, A family composed of two adults and two children needed $ 1,149,353 so as not to be considered poor and $ 515,405 so as not to be homeless.
CBA is determined taking into account the essential nutritional needs of an adult male between 30 and 60 years old, of moderate activity. In turn, food and quantities were selected according to the population’s consumption habits based on the information provided by the National Survey of Household Expenses of INDEC.
Also, to determine the CBT, the CBA is extended through a coefficient that measures the relationship between food expenses and the total expenses observed in the reference population.
Inflation accelerated, but remained below 2%
It is worth remembering that during the past month, the official exchange rate had a 14%leap, amid a change in monetary policy that caused a lot of volatility in financial markets. Even so, The acceleration of general inflation was limited, from 1.6% to 1.9%.
Much of the price rise was tied to seasonal factors, such as winter holidays, the collection of the bonus and vegetable settings.
Source: Ambito
