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Basic Basket: a Family Needed More than 1,397,672 Pesos in February to Avoid Being Poor, According to the Indec

Summary by Clarin
The report was published this Thursday, along with the inflation figure that was 2.9 percent.In order not to be indigent an adult only needed a total of 208,443 pesos.

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The report was published this Thursday, along with the inflation figure that was 2.9 percent.In order not to be indigent an adult only needed a total of 208,443 pesos.

·Buenos Aires, Argentina
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By Eduardo Porto (@periferiacts) – The salary loss of CONICET researchers and university researchers has remained in free fall since the end of 2023 and has already reached between 35% and 40% accumulated according to the data offered by INDEC. Since the assumption of the government of Javier Milei, the variation in the consumer price index reached 280.5%. In the same period, the salaries of Argentine science workers evolved at a noticeably lowe…

Hours before the INDEC confirmed 2.9%, investors disarmed positions to run towards CER bonds and crypto-betting platforms. The market and the REM expected 2.7%, but the unofficial advance moved the financial square. Read more

·Buenos Aires, Argentina
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The United Trade Union Front (FreSU) - which nucleates ATE, UOM, Oil and Aeronautics - presented the "Basic Canasta del Hogar Trabajador." It is in response to the official numbers released by the National Government this Friday, which indicate that the basic basket rose 2.7% in February, and that a family needed almost $1.4 million to avoid being poor. On the other hand, the report of the guilds determined that a wage earner needs $2,706,923 fo…

A family group of four needed $1,397,671.83 to stay above the poverty line and $644,088 to avoid being destitute. CBT increased 9.3% in two months.

The total basic basket increased 2.7% in February and a type family needed income of $1,397,672 to stay below the poverty line, according to data disseminated by Indec. In parallel, the basic food basket, which defines the poverty line, advanced 3.2% and brought the floor needed for that same household to $644,088. The official report showed a slowdown compared to January, when the total basic basket had risen 3.9%. In the case of the food baske…

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El Cronista broke the news in Argentina on Thursday, March 12, 2026.
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