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2h ago

Argentina Sets August Poverty Line at $1,160,780 for a Family, Higher in Rosario

The basket-based cutoff used to classify households as out of poverty and statistically middle class excludes rents and debts, so clearing it does not ensure economic stability.

El ingreso mensual que determina si sos pobre o de clase media en Argentina
Las frutas, verduras y hortalizas sufrieron fuertes incrementos en agosto.
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Overview

  • INDEC’s August reading put the Canasta Básica Total for a typical four-person household at $1,160,780 and $375,657 for a single adult, with both basic baskets up 1% month over month.
  • Year to date, the food basket rose 15.8% and the total basket 13.3%, while the consumer price index increased 1.9% in August and 33.6% over 12 months.
  • Rosario’s Usina de Datos estimated a higher August CBT of $1,275,857 for a four-person owner household, a 1.8% monthly rise, underscoring local costs above the national baseline.
  • Local breakdowns show wide gaps by composition and tenure, with examples including a monoparental renter home at $1,039,496, two young renters at $977,725, and a single adult owner at $360,306.
  • Regional tracking in Santiago del Estero found an August food basket of $468,223 and a total basket of $1,067,548 for a family of four, both below the national CBT of $1,160,780.