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The primary basket rose 6.2% in April and a family needs $ 95,250 to avoid poverty

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The primary basket rose 6.2% in April and a family needs $ 95,250 to avoid poverty

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Increasing the Total Basic Basket. Photo: German Garcia Adrasti

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The Total Basic Basket (CBT) was registered in April of the increase 6.2%so a family group consisting of two adults and two minors has to have income $ 95,250 so as not to fall below the line of difficulty.

This was indicated by the National Institute of Statistics and Censuses (Indec), which also defined the Basic Food Basket (CBA) has grown 6.7% last April, placed on $ 42,527 the income needed by both family groups to not fall down the line of indigence.

Meanwhile, specified that the variability of both indicators with respect to the same month last year is 51.3%for CBT, and 59.4% for CBA.

CBT measures family basket prices along with those associated with non -food products and services, while CBA calculates the values ​​of products considered essential to guarantee essential kilocalories and protein standards.

That is, to define the increase in CBA, increases in bread, rice, noodles, potatoes, sugar, dried vegetables, meat, offal, cold cuts, lard, eggs and milk, among others, were measured.

the Basic Food Basket (CBA) grew 6.7% in April.  Photo: Xinhua/Martin Zabala.

the Basic Food Basket (CBA) grew 6.7% in April. Photo: Xinhua/Martin Zabala.

April inflation was the highest in 30 years

The data adds to the high inflation figure released days ago for the same period. In April there was a 6% increase and in the past 12 months it has accumulated 58%, the highest in 30 years.

You have to go back to January 1992 to find a record higher inflation (76%). As the Ministry of Economy explained, monthly inflation was driven in part Core (excluding seasonal variations or regulated prices), which rose 6.7% monthly (compared to 6.4% in March), mainly affected by uploading food, but also because of the proliferation of restaurants, entertainment, medicine, rental housing, car purchases, and so on.

According to the INDEC report, food and drink -one of the items with the largest weight in the Consumer Price Index (CPI)- recorded an increase of 5.9% monthly. Although it had a decline compared to March, it was the category with the largest impact in all regions. And in annual comparison, it rose above the overall level: 62% compared to 58%.

Cristina Kirchner: “Not enough money”

Cristina Kirchner gave a speech after receiving a disposition from UNCAUS university in Resistencia, Chaco.  Photo: Rafael Mario Quinteros.

Cristina Kirchner gave a speech after receiving a disposition from UNCAUS university in Resistencia, Chaco. Photo: Rafael Mario Quinteros.

The increase in the basic food basket, which puts the poverty line for a typical family above $ 95,000 pesos, finds its connection to the harsh speech released by Cristina Kirchner a few weeks ago, in which she was sued against the results of the Economic Cabinet and described the impact of inflation on the economy.

“Now there is huge democratic discontent, not enough moneydoes not reach the end of the month and a phenomenon occurs that we do not know, which is the in workers in a poor dependency relationship. It never happened, ”said the vice president in Chaco, a few days after Matías Kulfas, one of the official targets of Christianity, pointed out that formal workers below the poverty line are almost a minority.

It was not the only dart at that time for the Minister of Productive Development. “Some have swallowed the threat that our problems are due to behaviors,” he said when analyzing the management of the Ministry of Domestic Trade and its attempts to curb price increases.

Source: Clarin

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