The National Institute of Statistics and Census (INDEC) reported this Friday that the Total Basic Basketball Index for March increased 11.9% compared to the previous month. In this way, a typical family needed $773,385 so as not to be poor in that period.
Meanwhile, the basic food basket, which marks the threshold to avoid falling into poverty, has increased 10.9% and a family of four needed $358,049 deal with basic nutritional issues.
The data was released this Friday, at the same time as the March inflation index report.
At the end of March, INDEC published its latest report on poverty: it reached 41.7% of people in the second half of 2023, marked by the end of Alberto Fernández’s government. If the universe of the report, concentrated in 31 urban agglomerations, is extended to the entire country, it is equivalent to almost 19,500,000 poor people, of which 6.5 million are destitute.
The same report indicated that destitution (extreme poverty) increased from 8.1% to 11.9% (3.8 percentage points).
Source: Clarin
