Overview

• The national Canasta Básica Total for a family of four reached $1,149,353 in July and the Canasta Básica Alimentaria hit $515,405, both up 1.9% month-on-month in line with the national CPI.
• IDECBA reported that Buenos Aires’ Canasta Total stood at $1,540,374 for a four-member household and defined middle-class incomes as 1.25 to 4 times that amount (roughly $1.93 million to $6.16 million), excluding rent.
• Mendoza’s DEIE office put the provincial poverty threshold at about $1,037,379 for a family of four in July, underscoring significant regional cost differences.
• The canasta de crianza rose about 4% month-on-month, requiring between approximately $427,889 and $536,830 per child by age group, a gain that topped headline inflation.
• Analysts warn that a sharp peso depreciation in late July may trigger pass-through effects that push consumer prices higher in August.