Tuesday, January 17, 2023 | 7:10 p.m.
The cost of the Total Basic Basket (CBT) rose 100.3% in 2022, above inflation (94.8%), while the price of the Basic Food Basket (CBA) increased by 103.8%, reported this Tuesday the National Institute of Statistics and Censuses (Indec) when releasing the figures for December.
#DataINDEC
A family of four needed $152,515.29 to overcome the poverty line in December 2022: 4.5% more than the previous month https://t.co/ft2zqDuya1 pic.twitter.com/xJeVzWegmu— INDEC Argentina (@INDECArgentina) January 17, 2023
The agency also reported that the CBT that, in addition to the minimum food for subsistence includes clothing and some services, increased 4.5% last month, for which the same family group needed to have income of $ 152,515 to not fall below the poverty line.
For its part, in the last month of the year the CBA increased 5%, so a family group made up of a couple with two children needed $67,187 to buy essential food and not fall into destitution.
poverty line
Regarding the family income necessary to overcome the poverty line in December, INDEC noted:
– One person needed $49,358 to avoid falling into poverty.
– A household of three people – made up of a 35-year-old woman, her 18-year-old son and her 61-year-old mother – required $121,420 in December to not be poor.
– A family of four members -consisting of a 35-year-old man, a 31-year-old woman, a 6-year-old son and an 8-year-old daughter-, needed a minimum income of $152,515.
– For a household made up of five people -a 30-year-old couple and three children aged 5, 3 and 1- a sum of $160,413 was required.
