a family needed $128,214 not to be poor

a family needed 8,214 not to be poor

At the same time, a household of three members needed $102,073 to avoid being considered poor and a family of five needed $134,853. While in order not to be considered indigent, a family of three needed $45,165 and a family of five needed $59,669.

In the first nine months of the year, the value of the CBA increased by 64.8%, while that of the CBT increased by 60.2%. This difference between both baskets is due to the fact that the prices of transport fares and public services had increases below those of food.

Between September of this year and the same month of 2021, the price of the CBA increased to 78.4% and that of the CBT to 73.1%.

At the end of the first semester of the year, 36.5% of the country’s inhabitants were below the poverty line, and among them, 8.8% were indigent, that is, they did not have enough money to buy the minimum amount of food to eat.

The poverty index fell 0.8 percentage points compared to the end of last year, when it reached 37.3%, but the indigence index increased 0.6 points, which was at 8.2%, reported the Indec.

It should be remembered that Inflation in September was 6.2% and slowed down compared to August, when it reached 7% (after the floor of 7.4% in July). Meanwhile, in the last 12 months it accumulated an increase of 83%, the highest in three decades, as reported this Friday by the National Institute of Statistics and Censuses (INDEC). Furthermore, in the first nine months of the year, accumulated inflation reached 66.1%.

Inflation in September was 6.2% and slowed down compared to August, when it reached 7% (after the floor of 7.4% in July). Meanwhile, in the last 12 months it accumulated an increase of 83%, the highest in three decades, as reported this Friday by the National Institute of Statistics and Censuses (INDEC). Furthermore, in the first nine months of the year, accumulated inflation reached 66.1%.

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.“, details the official report.

“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

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts