The Total Basic Basket Rose Less than the CPI in May and the Food Was Placed Above
18 Articles
18 Articles
After having increased below inflation in April, the total basic basket (CBT) and the basic food basket (CBA) had mixed results in May. Faced with a consumer price index (CPI) of 2.1%, the first of them rose 2%, while the second one grew 2.4%. The data was published by the National Institute of Statistics and Censuses (Indec), which also reported that in the cumulative year the CBT increased 14.5% and the CBA 15.6%, compared to a price rise of 1…
Prices for basic goods rose more than 2% in May. How much do different households need to spend to avoid poverty? Jujuy al día ® – The cost of basic living rose again in May. The National Institute of Statistics and Censuses (INDEC) published the updated figures this Thursday. [...] The entry "A typical family in Argentina needs $1,498,741 per month to avoid poverty" was first published on Jujuy al día.
The cost of the total basic basket (CBT) rose in May, in line with the Consumer Price Index (CPI), and rose 2%. On the contrary, the basic food basket (CBA), which determines the indigence line, showed its greatest increase in three months. The increase in the Total Basic Basket was the lowest in eight months. Thus, a family made up of a couple of adults and two children of primary school age needed at least $1,498,741.40 to not be considered po…
The indicators measuring poverty and indigence lines recorded a new month of slowdown compared to the previous period. The post The basic basket increased less than May inflation and a type family needed $1,498,741 to avoid being poor appeared first on The Intransigent.
Channel C The basic basket rose 2% in May and grazed a million and a half pesos for a typical family The National Institute of Statistics and Censuses (INDEC) reported that the Total Basic Basket (CBT) increased 2% during the month of May 2026. This indicator is in charge of delimiting the poverty line throughout the national territory. With this recent update, a typical family of four required income of $1,498,741 to be non-poor. In addition, t…
After announcing that inflation slowed down in May and was 2.6 percent, the National Institute of Statistics and Censuses (INDEC) reported that an older adult needed 485,030 pesos to avoid being poor and cover the total basic basket. To avoid falling into extreme poverty, i.e. covering the basic food basket, 220,468 pesos were needed. In this sense, the official agency pointed out that a type family, composed of two adults and two children, requ…
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