Overview
- A family of four in Argentina needed $1,057,923 in February 2025 to stay above the poverty line and $468,108 to avoid indigence, according to Indec.
- The Canasta Básica Alimentaria (CBA) rose 3.2% and the Canasta Básica Total (CBT) increased 2.3% month-on-month in February, marking their steepest rises since mid-2024.
- Year-on-year, the CBT increased by 53.1% and the CBA by 45%, both significantly lagging behind the 66.9% annual inflation rate.
- Households have been cutting back on essential consumption as real wages remain below pre-devaluation levels, with rising costs in rent, utilities, and transport adding pressure.
- The thresholds for poverty and indigence vary significantly by household size, with families of three and five requiring $842,330 and $1,112,703, respectively, to avoid poverty.