A family made up of two adults and two minors old needs an income of almost $500,000 so as not to be considered poor, The National Institute of Statistics and Censuses (INDEC) reported this Monday.
The official report indicates that the cost of the products that make up the Basic Food Basket (CBA) rose 30.1% in Decemberwhich determined that a family made up of two adults and two minor children needed income from $240,678 to avoid falling into poverty.
Thus, Throughout the twelve months of 2023, the cost of the food basket accumulated an increase of 258.2%.
For its part, The cost of the Total Basic Basket (CBT) rose 27% last monthso the same family group needed to have income from $495,798 to not be considered in poverty. In the latter case, the cumulative figure for 2023 marked an increase of 225.1%.
Indec reported last week that retail inflation during December amounted to 25.5%, almost double that in November, and that the item Food and Beverages showed a greater increase than the general index, with 29.7%.
Meanwhile, inflation throughout last year reached 211.4%, the highest recorded since 1990.
Until the first half of the year, the last measurement available from Indec, 40.1% of the country’s inhabitants were below the poverty line, of which 9.3% were indigent.
Thus, out of a population of 46 million people, 18.4 million are in poverty and one in four of them is destitute. Furthermore, poverty becomes stronger in those under 16 years of age where the percentage reaches 60%, according to Indec figures. The data from the middle of this year exceeded the 39.3% poverty rate with which 2022 closed, and 8.1% indigent, according to the organization.
Source: Ambito
