During May, the monthly variation of the basic food basket (CBA) was 5.2%, while the variation of the total basic basket (CBT) was 7.2%.
The basic food basket jumped 5.2% in May while a family needed $217,916 to avoid being poorreported this Wednesday, June 21, the INDEC (National Institute of Statistics and Censuses). Both measurements were below last month’s inflation, which was 7.8%.
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 without counting rent – rose 7.2% in May and settled at $217,916 for a family type of four members (two adults and two minors).
In the case of three members These values were located in the $173,486 and if they were five members, $229,199. These measurements increased 118.6% annually. The CBA index measures the poverty threshold, therefore an adult needed $70,523 in March to not be considered poor.
For his part, the Basic Food Basket (CBA), which determines the threshold of indigence, increased by 122.6% per year, above the CBA. An adult needs at least $32,056 in March to not be homeless. In the case of For a typical family (four members), the figure was $99,053. In the case of three members ($74,953) and five, $104,182.
Although the Total Basic Basket exceeded the key threshold of $215,000 per family in order not to be poor, both measurements were below the CPI for April. Inflation marked a high 7.8% but below the 8.4% in April. It should be noted that during the past month, Food and non-alcoholic beverages advanced 5.8%.
Source: Ambito
