Particle.news
Download on the App Store
5 ARTICLES
·
5d ago

CIFRA: Nearly Four Minimum Wages Needed to Avoid Poverty in Argentina

A new labor-center analysis using INDEC’s July basket data warns of a steep collapse in the minimum wage’s purchasing power.

En julio último, una familia tipo en la Argentina necesitó casi cuatro salarios mínimos para cubrir el costo de la canasta básica y no caer bajo la línea de pobreza.
Image
Image
El Salario Mínimo de julio se ubicó en $317.800, por lo que durante dicho mes hicieron falta casi cuatro salarios para hacer frente a la canasta.

Overview

  • INDEC set the July Canasta Básica Total at $1,149,353 for a four-person household, with the single-adult poverty line at $371,959.
  • The official minimum wage for July was $317,800, implying that nearly four minimum wages were required to cover basic goods and services.
  • CIFRA concluded the gap between the minimum wage and the poverty and indigence lines is worse than in 2001, citing about a 30% real-wage loss from the early Milei-era devaluation.
  • The report estimates the minimum wage’s real level in August 2025 was 43.4% below November 2019 and 56.7% below November 2015, and that it would exceed $740,000 without decade-long erosion.
  • Buenos Aires city benchmarks place a four-person household’s middle-class income between $1,925,468 and $6,161,497, underscoring INDEC’s finding that wages and pensions are not keeping pace with prices.