On basic food basket, INDEC reported that the increase was 7.1%, which means that a family of four needed $52,990. In turn, a three-person household required $42,186, while a five-person household required $55,734. Meanwhile, a single person had to spend $17,149 to avoid falling into poverty, that is, not being able to meet their food needs.
If you analyze Annually, the basic food basket grew by 81.4% in the last 12 months, while the total basic basket jumped 75.2%. According to INDEC, year-on-year inflation stood at 78.5% in August.
How the basic food basket is composed
“The basic food basket has been determined taking into account the normative kilocalorie and protein requirements essential for an adult male between 30 and 60 years of age, with moderate activity, to cover these needs for a month,” the official report details.
“Foods and quantities were selected based on the consumption habits of the population, based on the information provided by the National Household Expenditure Survey (ENGHo) 1996/97,” they added.
Indeed, dairy products, fruits, cereals, bread, sugar, rice, flour, noodles and about 6 kilograms of meat are considered, among the most notable foods.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
