At the same time, a three-member household required $$111,248 to not be considered poor and a family of five $146,973. While in order not to be considered indigent, a family of three needed $49,443 and a family of five needed $65,321.
basic basket indec 2.PNG
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 INDEC.
It is worth noting that the Inflation in October was 6.3% and broke a streak of two consecutive months of deceleration. Meanwhile, in the last 12 months it accumulated an increase of 88% and an increase of 76.6% in the first ten months of 2022, according to INDEC.
How the basic food basket is made up
“The basic food basket has been determined taking into account the essential kilocalorie and protein regulatory requirements for an adult male between 30 and 60 years of age, of moderate activity, to cover those needs for a month“, details the official report.
“Foods and quantities were selected based on the population’s consumption habits, based on information provided by the 1996/97 National Household Expenditure Survey (ENGHo),” they added.
Indeed, dairy products, fruits, cereals, bread, sugar, rice, flour, noodles and about 6 kilograms of meat are included, among the most notable foods.
Source: Ambito
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