The INDEC revealed the cost of maintaining and caring for a child in Argentina. The data corresponds to April of this year.
Raising a child spent between $309,616 and $388,010 in Argentina in Aprilaccording to data from the basic parenting basket of the National Institute of Statistics and Censuses (INDEC), which measures the costs of consumption and care of early childhood, childhood and adolescence. Spending experienced an average increase of 9.4% monthly, above last month’s 8.8% inflation.
In the year-on-year comparison, the breeding basket increased around 244.2% on average (more than triple), in one yearsince in the same month last year it demanded between $92,430 and $110,160, according to the INDEC.
How much did the breeding basket cost rank by rank
- The basket It cost $309,616 (+9.8% monthly) in April for a child up to one year old, of which $93,804 correspond to goods and services and $215,811 to care costs. In April of last year, the total cost was $92,430.
- If from 1 to 3 years, the total was $367,765 (+9.7% monthly), of which about $121,123 belong to goods and services and the rest care costs. Well above the $109,052 it consumed a year ago.
- For boys From 4 to 5 years the raising expense is estimated at $308,416 (+9.1% monthly), of which 50% correspond to goods and services and the remaining half to care. In April 2023, the cost was $87,449.
- AND, In the range of 6 to 12 years, the expense was $388,010 (+9.1) $191,366 for goods and services and the rest for care). Meanwhile, in April of last year, the requested expense was $110,160.
What does the INDEC breeding basket include?
The basket includes both the monthly cost to acquire goods and services for the development of infants, girls, boys and adolescents, as well as the cost of care that arises from the valuation of the time required for said activity.
Source: Ambito
