Since September 2021, the prices of vegetables and fruits have increased by more than 124%, warehouse products have increased by 93.92%, and meats have increased by nearly 73.86%.
In the last week of September, INDEC released the data on poverty and indigence for the first half of 2022, reflecting in them the consolidation of a development model that consolidates a percentage of the indigent population that in the last four years oscillates between 32 and 42%. But, perhaps the most serious thing is that in the last three semesters, which have seen continuous GDP growth, the percentage of indigent Argentines (that is, people who do not have sufficient resources to acquire their essential food) does not fall below 8%. Moreover, in this first part of 2022 it grew significantly again, he asserted. Issac Rudnik.
In concrete numbers, at the end of 2019, when the current government took office, we had 3,600,000 (three million six hundred thousand) people living in poverty, and at the end of last June, there were more than 4,000,000 (four million) that were in that situation, that is, 10% more than the last installment of the previous administration.
Although at this time there were very unfavorable situations such as the advent of the pandemic, which forced a significant retraction of the production process during 2020 with the consequent reduction in GDP of the order of 10%, it is also true that during 2021 the recovery was same percentage, and that throughout this first semester the progression of the national economy followed a similar growth dynamic. However, indigence remained at very high historical levels.
At a time when price increases were accelerating month after month, with basic foods always leading the increases, it is worth seeing how wages developed.
As detailed in the report, the Wage increases did not compensate for price increases.
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Inflation: the products that rose the most in the last 12 months
- 1kg onion: 483.33% year-on-year.
- 1kg of sugar: 200%
- 1kg of potato: 180%
- 1kg of sweet cookies: 136.36%
- 1 dozen eggs: 135.71%.
- 1kg of sweet potato: 135.5%
- 500gr of mayonnaise: 130.77%
- 1kg of flour: 129%
- 1kg of carrot: 128.57%
- 500 g of jam: 118.5%
- 1kg of pumpkin: 112.5%
- 1kg lettuce: 107.14%
- 500g of coffee: 104.55%
- 1kg of chicken: 100%
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Source: Ambito
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