a kind family $163,539 needed not to be poor in January 2023, according to the Total Basic Basket (CBT) index reported Tuesday by INDEC.
For its part, the Basic Food Basket (CBA) has registered a family requested $72,043 so as not to fall below the line of poverty.
This data is known two days after the National Institute of Statistics and Censuses published January inflation, which rose to 6%. The Consumer Price Index (CPI) thus showed a leap compared to last December, when it marked 5.1%, given that it gave continuity to the slowdown at the end of the year which prevented inflation from exceeding 100%.
In any case, the 94.8% price increase in 2022 far exceeded the 83% in 1991, the year the Convertibility was launched.
Inflation at 6% in January made it necessary to recalculate the official forecasts. Although Sergio Massa had said the aim was for April’s data to have “a forward 3,” Deputy Economy Minister Gabriel Rubinstein now acknowledged he expects the CPI “to approach 3%” only within the end of the year .
The latest statistics come as the national government launches new attempts to fix prices, with the freezing of seven cuts of meat and the Fair Prices programme.
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 increased activity and increased employment, it ranked just under of the records of 2020 (38.8%, in full restriction due to the coronavirus) and 2021 (38.2%). Furthermore, the figure exceeds the 33.1% of the same quarter of 2019.
According to microdata from the Permanent Household Survey (EPH), poverty in the third quarter fell from 8.3% to 7.8% in a year, but is still higher than 7.6% in the third quarter of 2019.
DS
Source: Clarin
