A Type Family Needs to Earn $1,160,780 a Month so They Won't Be Poor.
14 Articles
14 Articles
The basic food basket (CBA) and the total basic food basket (CBT), which are used respectively to measure indigence and poverty, increased 1% in August, well below the 1.9% inflation rate in the same month. Moreover, according to what was published by the National Institute of Statistics and Censuses (Indec), both baskets grew below the consumer price index (CPI) in the year's cumulative: against inflation of 19.5% from January to August, the CB…
In August, the indigence line was $550,529. Basic and Food Baskets showed increases of 1% compared to the previous month.
The cost of the Total Basic Food Basket increased 1% in August, meaning a typical family of four (two adults and two school-age children) needed $1,160,780 to avoid falling into poverty, the National Institute of Statistics and Census (INDEC) reported Wednesday. This indicator also accumulated a rise of 23.5% in the last 12 months and 13% so far this year. However, the monthly increase in the Basic Food Basket (CBT) was below the general inflati…
A typical family, made up of four people, needed $1,160,780 to avoid poverty in August, according to the Total Basic Basket (CBT) reported by the National Institute of Statistics and Censuses (INDEC) this Wednesday. CBT increased 1.0% monthly, while compared to the same month last year it increased by 23.5%. In terms of the year’s accumulation, the total basket accumulated an increase of 13.3%. In terms of Food Basic Basket (CBA), it rose 1.0% m…
The National Institute of Statistics and Censuses (Indec) announced that in August a type family, consisting of two adults and two children, needed $1,160,780 to avoid being considered poor. This amount corresponds to the value of the Total Basic Basket (CBT), which measures essential goods and services to meet the needs of a household.


The total basic basket increased 23.5% year-on-year.
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium