The study detailed the average costs that families in Greater Buenos Aires have to face, with a high increase in service rates.
According to a study, the Families in the Buenos Aires suburbs suffered a sharp increase in public service ratesresulting in a direct attack on their income. More than 140 thousand pesos had to be allocated to pay for them.
The report was made by the Observatory of Tariffs and Subsidies of the Interdisciplinary Institute of Political Economy of the University of Buenos Aires (UBA) and CONICETwhere they detailed that households pay on average only 50% of the price of essential services, given that the rest is covered by subsidies, although in a fragmented manner according to income.
Monthly rates are divided as follows: electricity is around 1000 euros. $32,202; the gas in $28,342; the water in $24,762; and finally the transport -the most expensive- which involves an expense of about $56,228.
In the case of transportation, the report mentions: ”As of July 2024, the cost of the service per transported passenger amounts to $1,305 pesos according to calculations made by the IIEP. This value, when compared with the cost recognized by the National State, which amounts to $869, implies the existence of a gap of 50% between both calculations.”
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In the study, they highlighted that ”the tariff coverage of the costs of essential services is presented superior to that observed in the last ten months and with an upward trend due to increases in all services”, and that ”it is 9 points higher than the average of the last ten months”, noting that ”Going forward, this trend will be consolidated by the fall in seasonal energy costs.”
They also detailed that There was a drop in Septemberaccompanied by lower consumption due to the easing of the cold, in many cases. In any case, the value of The cumulative sum of essential services was 370%and among them, the one that The price of natural gas rose the most, with an increase of 898% in relation to December 2023.
Full report
Source: Ambito
