[HIGHLIGHTS] Rates doubled their weight on family income in just 3 months

Rates doubled their weight on family income in just 3 months. An AMBA family already spends on average more than $75,000 on public services.

This is 11% of income on average, when in December the incidence of this expense was 6%. The peak in recent years was 5.6% in June 2019, at the end of Mauricio Macri's presidency. The average formal salary was in January 2024 for the first time in decades below the Total Basic Basket (CBT), which sets the poverty line.