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An Argentine family to remain above the poverty line needs US$ 820 a month

Friday, September 23rd 2016 - 10:55 UTC
Full article 36 comments
This is the first time Indec publishes basket estimates since 2013, when ex president Cristina Fernandez ordered no further releases of poverty and indigence estimates. This is the first time Indec publishes basket estimates since 2013, when ex president Cristina Fernandez ordered no further releases of poverty and indigence estimates.
Since last April when the Indec prices were first published, the Basic Food Basket has climbed 10.6% and the Total Basic Basket, 10.3%. Since last April when the Indec prices were first published, the Basic Food Basket has climbed 10.6% and the Total Basic Basket, 10.3%.
In 2013 the Cristina Fernandez administration argued 4.7% of Argentines were poor, and stated that “Argentina had less poor people than Germany!” In 2013 the Cristina Fernandez administration argued 4.7% of Argentines were poor, and stated that “Argentina had less poor people than Germany!”
The Social Observatory of the Argentine Catholic Church survey, at the end of 2015, said that 29% of Argentines was poor, of which 5.3% indigent. The Social Observatory of the Argentine Catholic Church survey, at the end of 2015, said that 29% of Argentines was poor, of which 5.3% indigent.

An Argentine average household made up of a couple with two children 6 and 8 years old needs 12.489 Pesos (approx US$ 820) to remain above the poverty line according to the stats office, Indec estimate for the month of August. The same household will have to pay 5.176 Pesos (approx US$ 340) for the Basic food basket, not to drop to indigence.

 This is the first time Indec publishes baskets estimates since 2013 when ex president Cristina Fernandez ordered no further releases of poverty and indigence estimates. Now the average household for Indec is made up of a father of 35, mother of 31, a boy and a girl, 8 and 6.

Since last April when the Indec prices were first published, the Basic Food Basket has climbed 10.6% and the Total Basic Basket, 10.3%. Indec has promised for next week the poverty indexes which were ceased to be published in mid 2013.

In 2013 the Cristina Fernandez administration argued that 4.7% of Argentines were considered poor and 1.4% indigent. It was a time when one of Cristina Fernandez most cheeky ministers, Anibal Fernandez stated that “Argentina had less poor people than Germany!”

The latest data on poverty in Argentina were published by the Social Observatory of the Argentine Catholic Church, UCA, at the end of 2015, which stated that 29% of the Argentine population was poor, of which 5.3% were indigent.

At the same time 54% of Argentines admitted having job problems of which 9.4% were unemployed (almost 2 million people), quite far from the official 5,4% of the Indec figure from Cristina Fernandez time.

UCA points out that Argentina has had no reliable official stats since 2007.

The Macri administration has identified as one of its main three objectives, advancing towards “zero poverty”, with equal opportunities for all children. “A food producing country like Argentina can't accept people going hungry”.

Categories: Economy, Politics, Argentina.

Top Comments

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  • Skip

    Can't wait for Enrique to blame this on Macri!

    Sep 23rd, 2016 - 12:23 pm 0
  • The Voice

    The Peronist liars are now being exposed. Hanibal wasn't just cheeky, he was totally deluded! Perhaps he had been drinking from the same water suppy as Nostril? The water seems to turn potentially intelligent beings into raving lunatics who make all sorts of ridiculous claims.

    Doesnt explain the deluded hypocrite in Canada though?

    Sep 23rd, 2016 - 02:56 pm 0
  • Zaphod102

    “Since last April when the Indec prices were first published, the Basic Food Basket has climbed 10.6% and the Total Basic Basket, 10.3%.”

    So is that an effective ~10% inflation rate? A bit down from 30%+ under CFK.

    “...ceased to be published in mid 2013.”

    I.e. She stopped publishing the truth.

    “In 2013 the Cristina Fernandez administration argued that 4.7% of Argentines were considered poor and 1.4% indigent.”

    She lied.

    “Anibal Fernandez stated that...”

    He lied.

    ”...9.4% were unemployed (almost 2 million people), quite far from the official 5,4% of the Indec figure from Cristina Fernandez time.“

    She lied.

    ”UCA points out that Argentina has had no reliable official stats since 2007.“

    They lied.

    And now ”This is the first time Indec publishes baskets estimates since 2013...“

    So Macri is publishing the truth...and this is ”bad” because the Peronists don't like inconvenient truths. They really don't like it up 'em. ;-)

    Sep 23rd, 2016 - 05:53 pm 0
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