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Basic basket: A family needed $690,900 in February to not be poor

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At the same time as the release of inflation data for the last month, the National Institute of Statistics and Census (INDEC) reported that the inflation index Total basic basket February increased to 15.8% compared to the previous month. As, a typical family needed $ $690,900 so as not to be poor in that time.

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Meanwhile, the Basic food basket, the threshold to avoid falling into poverty has increased 13.1% and a necessary family 322,851 deal with basic nutritional issues.

In January, the total basic basket had increased by 20.4% and a typical family needed $596,823.18 to stay out of poverty. To avoid homelessness, the same group of two adults, a son and a daughter, needed $285,561 to avoid falling into poverty.

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The data became known a few hours after the Government announced the opening of imports of basic basket products, following the meeting that the Minister of Economy, Luis Caputo, had with supermarkets in the last few hours.

“The decision has been made to permanently open the imports of some products from the family basket in order to make importation possible more competitive prices with some tax cuts,” presidential spokesman Manuel Adorni said at a news conference.

The Ministry of Economy has specified that the affected products They will be: bananas, potatoes, pork, coffee, tuna, cocoa products, insecticides, shampoo, diapers, among others.

Source: Clarin

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