In the first three months of this year, the prices of staple foods — such as bread, usually minced meat, noodles, potatoes and oranges —increased by 23.7% and the main family basket of poverty, without rent, in March went up to $ 90,467.

The measurement is from the Department of Statistics and Censuses of the City of Buenos Aires, which reported that a family of four members (couple and 2 children) needed in March more than $ 49,602 for not being indigent, in December that amount was $ 40,101. And in March 2021, a year ago, it was $ 31,526, an increase of 57.3%.

After an increase of 6.6% in January and 10% in February, In March, basic food prices rose 5.4%.

Meanwhile, in order not to be poor, an average family needs to have an income of more than $ 90,467, against the $ 76,177 they needed in December, which represents an increase of 18.8% in just 3 months. In March the poverty line rose by 6.1%.

The total basic or “poverty” basket of Buenos Aires, in addition to food, includes other items, but not the rent of the house.

Thus, Buenos Aires will exceed the main basket for a family renting a modest house $ 120,000/130,000, an amount that a good portion of workers cannot afford, even with Social Security contributions.

In relation to a year ago, the basket of indigence — considering only staple foods — rose $ 18,076. Meanwhile, the poverty basket – which also includes general expenses – rose $ 31,529.

Thus, due to its magnitude and scope, rising prices of food, other products and services it hits the homeless and the poor the poorest.

To not be poor but to be considered a poor family, revenue must be between $ 90,467.23 and 111,783.97 and be the middle sector in between $ 111,783.98 and $ 139,729.97without computing the final rent.

The address in Buenos Aires reported that inflation in March was 5.9%. However, in provincial records, at the national level, inflation is estimated in March -which INDEC will report on Wednesday- will exceed 6%.

AQ