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A typical family needed $163,539 in January to avoid being poor, according to INDEC

2023-02-16T19:23:53.733Z


It is clear from the agency's data for the Total Basic Basket for the first month of 2023. How much was needed to not be indigent.


A typical family

needed $163,539

to avoid being poor in January 2023, according to the Total Basic Basket (CBT) index reported by INDEC on Tuesday.

For its part, the Basic Food Basket (CBA) recorded that a family

needed $72,043

to avoid falling below the line of

indigence

.

This data is known two days after the National Institute of Statistics and Censuses released inflation for January, which rose to 6%.

The Consumer Price Index (CPI) thus showed a jump compared to last December, when it marked 5.1%, data that gave continuity to the slowdown at the end of the year that prevented inflation from exceeding 100%.

In any case, the 94.8% price increase in 2022 far exceeded the 83% of 1991, the year in which Convertibility was launched.

The 6% inflation in January made it necessary to recalculate the official forecasts.

Although Sergio Massa had said that the objective was for the April data to have "a 3 forward", now the Deputy Minister of Economy, Gabriel Rubinstein, acknowledged that they expect the CPI "to approach 3%" only by the end of the year.

Prices accelerated again in the first month of the year, according to INDEC.

Photo Emmanuel Fernandez

The most recent statistics come as the national government launches new attempts to fix prices, with the freezing of seven cuts of meat and the Fair Prices program.

On the other hand, last week it became known that 37.7% of the population is poor.

It arises from the data corresponding to the third quarter of last year.

Despite the increased activity and the increase in employment, it was located

just below

the records of 2020 (38.8%, in full restrictions due to the coronavirus) and 2021 (38.2%).

In addition, the data exceeds the 33.1% of the same quarter of 2019.

According to microdata from the Permanent Household Survey (EPH), indigence in the third quarter fell from 8.3% to 7.8% in one year, but it is still above the 7.6% in the third quarter of 2019 .


News in development.

DS​


look too

Poverty: much more than a lack of income

Unstoppable inflation: 5 of the 12 items measured by INDEC already exceed 100% year-on-year rise

Source: clarin

All business articles on 2023-02-16

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