The Basket with Which Poverty Is Measured Rose Above Inflation in June
22 Articles
22 Articles
The total basic basket increased 2.2%, compared to a CPI of 1.9%; the food basket, which is used to delimit indigence, increased 1.3%
The report was published this Tuesday by the INDEC, along with the inflation data.To not be indigent a family needed a total of 689,853 pesos.
The National Institute of Statistics and Censuses (INDEC) reported that during June the Basic Food Basket (CBA) recorded an increase of 1.3%, while the Total Basic Basket (CBT) increased 2.2% over May. According to the agency, a four-member type family needed $1,531,473 to stay below the poverty line in Gran Buenos Aires. Meanwhile, it required $689,853 to cover only the Basic Food Basket, which determines the threshold of indigence. In the year…
Indec: A family needed more than $1.53 million in June to avoid falling into poverty. The National Institute of Statistics and Censuses (INDEC) reported that the Total Basic Basket increased by 2.2% in June, exceeding inflation. The extreme poverty line remained close to $690,000. A typical family of four needed an income exceeding $1,531,472.91 in June to avoid falling below the poverty line, according to the National Institute of Statistics an…
The cost of living for Argentine households increased again above inflation during June. According to the data disseminated by the National Institute of Statistics and Censuses (Indec), a family of two adults and two children needed income of $1,531,472.91 in order not to fall below the poverty line. The official report showed that the Total Basic Basket (CBT) recorded a monthly rise of 2.2%, above 1.9% that marked the Consumer Price Index (CPI)…
The cost of the Total Basic Basket (CBT), which determines the poverty line, increased by 2.2% in June, which meant an acceleration of prices compared to the previous month. It happened despite the fact that the Food Basic Basket (CBA), which sets the threshold of indigence, showed a greater calm, in tune with general inflation. [...] The entry The basic basket rose 2.2% in June. A family needs more than $1,500,000 to not fall under the poverty …
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