A typical AMBA family needed almost $1.5 million in June to avoid being poor

A typical AMBA family needed almost .5 million in June to avoid being poor

The data reflects why poverty reached record levels in the country, with about 60% of the population is estimated to be in that situation.

A family from AMBA needed $1,352,395 to pay your June expenses

The study made by Center for Consumer Education, Services and Advice (CESyAC) showed that a typical family needed $1,352,395 to pay his June expenses in the City of Buenos Aires and the suburbsas a result of increases in subway, telephone, Internet and prepaid medicine fares.

The numbers indicate that, in order to meet monthly expenses, a typical family needed $45 thousand daily. Added to that, $15 thousand were used to purchase consumer products and $29,000 to hire basic household services.

The most striking indicator was that two thirds of a family’s income must be spent on paying for services.almost $890 thousand.

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$890 thousand were only for the payment of services.

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The rest of the money -about $462 thousand- were destined to the purchase of mass consumption products.

As for increases, the most relevant ones are in the mass consumer products sector. fell on meats (6.8%) and beverages (6%).

On the other hand, among basic services, those that rose the most were the subway (13.2%), mobile telephony (10%), Cable TV and Internet (10%) and prepaid medicine (8.8%).

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The Subway, one of the services that has increased the most.

The Subway, one of the services that has increased the most.

Source: Ambito

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