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A middle-class Buenos Aires family needed $ 3,517 per day in September to meet their expenses

2020-10-07T09:48:07.475Z


In the month, expenses for a typical middle class family amounted to $ 105,516.75Natalia Muscatelli 10/07/2020 - 6:02 Clarín.com Economy A middle-class family group, made up of a couple and two children,  requires $ 105,516.75 to be able to live in the City of Buenos Aires , according to the monthly price report made by the Center for Education, Services and Consumer Advice (CESyAC). According to this measurement, 76% of that sum is destined to the payment of basic services.


Natalia Muscatelli

10/07/2020 - 6:02

  • Clarín.com

  • Economy

A middle-class family group, made up of a couple and two children, 

requires $ 105,516.75 to be able to live in the City of Buenos Aires

, according to the monthly price report made by the Center for Education, Services and Consumer Advice (CESyAC).

According to this measurement, 76% of that sum is destined to the payment of basic services.

Due to the constant rise in the prices of goods and services in the Buenos Aires area, the family budget becomes more expensive every month.

Thus, in September, $ 3,517.22 per day was needed to meet the expenses.

Of that amount, $ 2,684.38 is for contracting basic services for the home, while $ 832.84 is for purchasing mass consumer products. 

Mass consumer products had an average increase of 2.61%, the most notable increases being

fruits and vegetables (10.34%) and meats (3.49%). 

Another private measurement of a basket of 21 products (food) surveyed by the association Consumidores Libres, registered an average rise of 4.31%.

CESyAC survey

"

Within the category of basic services for the home, which had increases of 2.48%, what was most impacted was the rise in medicines (4.97%), fuels (4.38%). In addition, the increase in

car insurance

(20%). Meanwhile, an adjustment of 2% was implemented in the ABL ballots. "

This report prepared by CESyAC, associated with the Buenos Aires leader Fernando Barrera, monitors the prices of the food and services basket.

The survey includes, among several items, the

rental of housing, 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 in

a club.


The last

indicator of inflation

in the city of Buenos Aires refers to the variation in prices during August when they averaged a rise of

2.4%,

according to the city's statistics agency.

In the CESyAC measurement, inflation in September was in the order of 2.51% while the year-on-year price variation amounted to 25.10%.


Of the total of 50 products surveyed in the Cesyac basket, 15 products are included that are found in the Agreement of "Care Prices" signed with the National Government, effective from 01/07/2020 - AMBA version-, of annual duration and quarterly reviews).

"In addition, in a year-on-year comparison, sidereal rises have also been detected in the same product as in the kilo of carrots that became more expensive 187.12% (it cost $ 37.75 in October 2019 and is currently worth $ 108.38). , the 500 gr package of polenta went on to cost in a year from $ 37.03 to $ 77.74, which represents a variation of 109.98%. Tomato sauce was worth $ 33.13 while it is now $ 56.73 ( 71.23% more expensive in twelve months) ", said the report.

The only three items that lowered the price compared to last year were rice, milk and laundry soap.

Look also

Unusual Argentina: Profits pay salaries that are just above the poverty basket

In one year, wages fell almost 7% relative to inflation

Source: clarin

All business articles on 2020-10-07

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