The basic basket of the decile of this population increased 14.6%, about 0.5 percentage points above inflation.
A Buenos Aires familycomposed of two adults and two children, needed in February $1,017,520.79 to be considered middle class(without taking into account the rent and expenses), as reported this Wednesday by the General Directorate of Statistics and Censuses (DGEyC) Buenos Aires
In this way, the total basic basket for a Buenos Aires family it rose 14.6% in February, about 0.5 percentage points above inflation.
On the other hand, a family of four that he perceived until $684,115.30 is considered in non-indigent poverty situation. Thus, the basic food basket climbed 16% (+1.9 pp).
Socioeconomic level, according to income
- In a situation of destitution: Households whose total monthly income is not enough to cover the Basic Food Basket (CBA – Homelessness line). During December, those who received income less than $402,752.23.
- In a situation of non-indigent poverty: Households whose total monthly income is not enough to cover the Total Basic Basket (CBT – Poverty Line) but allows them to at least acquire the CBA. In this situation are those who receive income between $402,752.24 and $684,115.30.
- Not vulnerable poor: Households whose total monthly income is at least the CBT and does not reach the Total Basket (TC) of the Consumption Basket System. The range of families with income between $684,115.31 and $814,016.62.
- Fragile middle sector: Households whose total monthly income is at least the CT and does not reach 1.25 times the CT of the Consumer Basket System. Income between $814,016.63 and $1,017,520.78.
- Middle sector “middle class”: Households whose total monthly income is at least 1.25 times the TC and does not reach 4 times the TC of the Consumer Basket System. Receiving income ranging from $1,017,520.79 to $3,256,066.51.
- Affluent sector: Households whose monthly income is 4 times or more the TC of the Consumer Basket System. From $3,256,066.52 onwards.
Source: Ambito
