Overview

• Indec reported urban poverty at 31.6% in the first half of 2025, down 6.5 points from late 2024, with extreme poverty at 6.9%.
• The survey covers 31 metropolitan areas only; Indec estimates that including rural zones would bring the total number of people in poverty to about 15 million.
• Within the urban tally, 9.5 million people are poor and 2.1 million are indigent, and Indec says the nationwide count is roughly 10 million lower than a year earlier.
• Researchers from Fundar and the Universidad Católica question the magnitude of the drop, citing outdated consumption baskets, self‑reported income, and a one‑month mismatch between reported income and the current price basket.
• President Javier Milei and his cabinet credit fiscal discipline and price stabilization as annual inflation fell from about 211% at end‑2023 to 33.6% in August 2025, even as reporting notes weaker growth, consumption and jobs, and U.S. backing for the program a day before the release.