Taking into account that the Minimum Living and Mobile Wage (SMVM) was updated to $ 32,000 in October, this means that a family it barely reached him with an SMVM to cross the poverty threshold while he needed 2.26 salaries to avoid falling into poverty.
Even so, it is worth remembering that in the first months of the year the minimum wage was exceeded by the food basket and almost tripled by the total basket.
Compared to October 2020, the CBA grew 49.3% and the CBT climbed 45%. A year ago, a family needed $ 49,912 not to be poor and $ 20,710 not to be destitute.
Likewise, in the accumulated of 2021 the CBA and the CBT registered an increase of 49.3% and 33.5%, respectively.
Last week the INDEC reported that inflation at a general level returned to 3.5% in October, the same as the previous month. Thus, in the last 12 months, prices increased 52.1% (above both basic baskets) and so far this year they increased 41.8% (more than the CBT but less than the CBA).
It should be noted that the Total Basic Basket does not take into account, for example, the cost of renting a home, which affects about 20% of the people throughout the country and approximately 35% of the population in the City of Buenos Aires.
Source From: Ambito
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