a family needed $177,062.87 to not be poor

a family needed 7,062.87 to not be poor

During February, the basic food basket jumped 11.7%, while the total basic basket rose 8.3%.

Mariano Fuchila

The basic food basket jumped 11.7% in February, while a family needed $177,062.87 to avoid being poorreported this Thursday, March 16, the INDEC (National Institute of Statistics and Censuses). In both measurements they were well above last month’s inflation, which was 6.6%.

So, the total basic basket– which includes the Basic Food Basket (CBA) plus non-food goods and services such as clothing, transportation, education, health, among others – rose 8.3% in February and settled at $177,063 for a family type of four members (two adults and two minors).

In the case of three members These values ​​were located in the $140,963 and if they were five members, $186,231. These measurements increased 111.3% annually. This index measures the poverty threshold, therefore an adult needed $57,302 in February to not be considered poor.

For his part, the Basic Food Basket (CBA)which determines the threshold of indigence, increased 11.7% monthly, above the CBA. An adult needs at least $26,046 in February to not be homeless. In the case of a typical family (four members), the figure was $80,483. In the case of three members ($64,074) and five, $84,651.

This happened in tune with the inflation data as last month it accelerated sharply for the third month in a row. In February it stood at 6.6%, the highest level since August 2022 when the CPI climbed to 7% and well above what was projected by the market (+6.1%).

He The item that rose the most last month was Food and non-alcoholic beverages, which shot up 9.8%mainly affected by the sharp rise in prices of cuts of meat and dairy products.

Source: Ambito

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