The basic food basket, CBA, in Ushuaia, Tierra del Fuego province, Argentina soared 9,5% during October while the overall food basket, CBT, 9%, according to the latest figures from Indec, the country's stats office. This is 50% higher than the inflation rate for the month of October which stood at 6,3%.
An Argentine standard family of two adults and two children needed the monthly equivalent of US$ 664 or US$ 380 (depending on the official or free money exchange market) to be considered above the poverty line during the month of June. July figures will be released in fifteen days.
September inflation in the Argentine extreme south province of Tierra del Fuego reached 1.2% and 18,8% in the nine months of the year, and 25.1% in the last twelve months according to the provincial stats and census office.
Inflation in Argentina during April reached 2.1% and 29% in the last twelve months according to the latest release from private consultants, an average of which is announced every month as the 'Congressional index' by members from the Lower House Freedom of Expression committee.