According to data collected by the National Institute of Statistics and Censuses (INDEC), in October the basic basket was increased by 9%.
From here it follows that a typical family needed $139,738 to stay out of poverty, and $62,106 to stay in poverty.
The total basic basket is made up of food, as well as basic goods and services, such as housing. In October, it amounted to $45,223 per person. The indigence line was positioned at $20,099 per person.
If the measurement is made year-on-year, the basic food basket and the total basic basket increased by 100.8% and 93.1% respectivelywhich means that they have been located above the inflation index.
What was surveyed by INDEC indicates that the family income to overcome the poverty line is (values per person): $45,223.
While if you want to exceed the line of indigence, you must earn more than $20,099 per month.
The Government worried about inflation in November
After knowing the inflation for October, which was 6.3%, generating a year-on-year rate of 88%, several private consultancies project that the Consumer Price Index (CPI) will be positioned at a floor of 6% for Novemberwhich results in the accumulated value exceeding 100% by the end of the year.
The Survey of Market Expectations (REM) estimates that inflation for the eleventh month of the year will be 6.2%.