Due to the skyrocketing price of meat, milk and dairy products, vegetables and fruits, in March the prices of basic foods
increased 9.83% versus an average inflation of 7.1%, in the City of Buenos Aires .
The main impulses in Food came from
Meat and derivatives (12.6%),
Milk, dairy products and eggs (10.1%), Bread and cereals (6.3%), Vegetables, tubers and legumes (11.2% ) and Fruits (10.9%).
For their part, in 12 months, all food items accumulate
a three-digit increase
.
On average it is 117.4% that is broken down into: Bread and cereals with a rise of 105.2%;
Meats and derivatives 103.7%;
Fish 117.0%;
Milk, milk products and eggs 113.7%;
Oils, butter and other fats 131.5%;
Fruits 162.1%;
Vegetables, tubers and legumes 112.8%;
Non-alcoholic beverages 106.6% and other foods 106.6%.
The
indigence line
for a typical family exceeded $100,000: it reached $107,836.
Thus, in just
the first 3 months
of this year,
the basic basket of indigence in Buenos Aires
-equivalent to the inflation of the poorest sectors-
rose 29.3%.
Due to the incidence of the City of Buenos Aires, it is discounted that the national price indices and the values of the baskets - that the INDEC will disseminate next week - will be close to these percentages.
Meanwhile, after rising 6.78% in January, 7.19% in February, the poverty basket increased 9.23% in March with a cost that went from $175,080 in February to $191,241, not
including the rent
, according to data from the Directorate of Statistics and Censuses of the City of Buenos Aires.
If a modest rent is added, in order not to be poor, a typical family (married couple and 2 minor children) needed
more than $260,000.
With these values, the indigence line increased in 12 months by 117.4%
(from $49,062 to $107,836)
and the poverty line by 111.4% (from $90,467 to $191,241).
The 9.83% increase in the prices of basic foods marks
a strong acceleration
.
In November it was 3.8%.
In December of 5.1%.
7.75% in January, 9.29% in February and 9.83% in March. And it is expected that the April measurement will also show high percentages because, among other things, the increases in the prices of fruit and vegetables, dairy products and soft drinks.
Consequently, the rise in prices
hit low-income families the hardest
, who allocate 100% of their meager income to food.
These values explain why indigence continues to grow because, although there were higher levels of employment, precarious jobs are concentrated in the informal sectors, with lower incomes, and also because wage increases for formal workers were lower than inflation
.
In turn, to pay for the expenses of
a middle sector
, income
should exceed $293,925.57,
not counting eventual rent.
In that case, they should exceed $370,000.
In the City of Buenos Aires in the fourth quarter of 2022,
poverty was 16.9% of households
(228,000 families) and 22.1% of people (680,000).
Indigence reached 5.4% of households (73,000) and 7.7% of people (237,000), according to the report of the Directorate of Statistics and Censuses of the CABA.
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