In this way, after the turbulent month of Julyreturned to a level similar to that observed in June. In any case, the perception of it is at extreme levels. In fact, the measurement corresponding to August is among the four highest values in the historical series that covers the period 2011-2022.
UCA report: what the numbers say
A more detailed analysis on a daily basis makes it possible to identify the impact of Relevant events and the evolution throughout the month:
- 8/11: July CPI Announcement: The latest inflation data announcement pushed the index above 110 on the day of the announcement and the day after. These extreme values double the monthly average.
- 8/16: Announcement of tariff adjustments: In a less extreme way, a second peak is observed on the day measures were announced that would modify the scheme of public service tariffs.
The last 10 days of the month were characterized by a totally notorious drop. While, the average value these days was below 50. The last time this range of measurements had been observed was towards the end of April and the beginning of May.
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Barometer of the Social Debt with the Elderly
26% of the People over 60 years is in a position to structural poverty in the countrywhile insufficient income is one of the variables that most affects this sector of the population, according to the Observatory of the Argentine Social Debt from the UCA.
The report describes the situation of this social group according to social, economic, housing, state and health care and subjective well-being experienced between 2017 to 2021.
Hence it emerges that insufficient income is one of the variables that most affects older people: although there is a growing tendency to continue being part of the labor markets, the vast majority obtain their income from the pension system, which in Argentina is practically universal and for all; their other sources of income are their own savings and help from third parties.
Source: Ambito
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