According to calculations by the Di Tella University, poverty would reach about 22.6 million people out of a total of 46.8 million.
According to private estimates, Poverty in Argentina reached 22.6 million people in the first quarter of the year, which implies that Since December of last year, 3.2 million new poor people have been added due to the impact of inflation on purchasing power.
According to him Poverty Nowcast calculated by the researcher at the Torcuato Di Tella University, Martin Gonzalez Rozadait was estimated a poverty rate of 48.3% for the semester October 2023 to March 2024 with a 95% confidence interval between [46,8%, 49,8%].
The Di Tella measurement suggests that the projected incidence is a weighted average of a poverty rate estimated at 44.9% for the fourth quarter of 2023 and 51.8% for the first quarter of 2024.
poverty di tella.PNG
“This projection estimates that about 48% of people live in poor urban households“, indicated the report. The urban population captured by the EPH in the reference semester was estimated at 29.3 million people which implies that around 14.2 million live in poor urban households.
If a projection of the total population is taken into account, that is, including non-urban, rural and low demographic density areas, Poverty would reach some 22.6 million people out of a total of 46.8 million.
That number implies a sharp jump compared to the 19.4 million at which 2023 had ended, according to the latest official data from Indec.
Besides, The average CBT of the Greater Buenos Aires (GBA) region for the reference semester was estimated at $177,598 per equivalent adult. This implies a year-on-year increase of 239.4%.
For the average total family income (ITF), an interannual increase of 184% was projected for the semester.
Source: Ambito
