The INDEC revealed the cost of maintaining and caring for a child in Argentina. The data corresponds to May of this year.
Raising a child spent between $327,350 and $407,062 in Argentina in Mayaccording 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 a 4.9% monthly increase, above last month’s 4.2% inflation (in the case of the most expensive basket).
In the year-on-year comparison, the breeding basket increased around 278.69% on average 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 (+5.7% monthly) in May for a child up to one year oldof which $96,431 correspond to goods and services and $230,918 to care costs.
- If from 1 to 3 years, the total was $367,765 (+5.6% monthly), of which some $124,515 belong to goods and services and the rest care costs, $263,907.
- For boys From 4 to 5 years the raising expense is estimated at $323,527 (+4.9% monthly), of those $158,585 correspond to goods and services and $164,942 for care.
- AND, In the range of 6 to 12 years, the expense was $407,062 (+4.9) $196,726 for goods and services and the rest for care), $210,336.
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
