A middle-class Buenos Aires family already needs more than $2,000,000 per month to cover their expenses

A middle-class Buenos Aires family already needs more than ,000,000 per month to cover their expenses

December 19, 2024 – 19:59

According to a report, a family group required a budget of $2,003,735 in November. Prepaid medicine, ABL, Cable TV and Internet and private schools were the items that increased the most.

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A Buenos Aires family of middle class needed in November a budget of $2,003,735 to cover all their expenses, some of which are prepaid medicine. ABL, cable TV and Internet and private schools They were the items that increased the most.

Of that amount, $1,419,693.77 (71%) are to hire the basic services for the home, while $584,041.69 (29%) to purchase mass consumption products. Meanwhile, November inflation was located for the middle class in the order of 1.99% while the interannual price variation was 163.57%.

This was revealed by the Center for Education, Consumer Services and Advice (CESyAC). Likewise, it was reported that the most relevant increases in the category of mass consumption were the meats (+3.2%) and drinks (1.58%).

Within basic services, what rose the most were prepaid medicine (5.15%), ABL (4.8%), expenses (4.5%), private schools (4.4%), Cable TV and Internet (4%) and mobile telephonyl (3.6%).

It should be noted that the survey includes, among several items, housing rent, the expenses of a 10-year-old car, the prepaid medicine subscription, the fee for a private school for two children and the family subscription to a club.

Meanwhile, in an interannual comparison, there were also detected sidereal rises in the same product as in the white onion (1 kg) which became 327.97% more expensive (it cost $369.89 in December 2023 and is currently worth $1,583). Meanwhile, lettuce (1kg.) went from $927.72 to $3,113.94, which represents a variation of 235.65% in one year. The kitchen roll was worth $204.20 a year ago, while now it is $2,399.11 (1,074.91% more expensive). Meanwhile, the classic creamy cleanser increased 431.22% as it went from $514.84 to $2,734.92.

It is with these elements gathered that the information that a family needed in November is derived. $66,791.18 daily to meet monthly expenses; $19,468.06 They are for purchasing mass consumption products and $47,323.12 to hire basic home services.

Source: Ambito

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