The increase in the Total Basic Basket was 8.8%, 0.6 percentage points less than inflation, which in the City of Buenos Aires was 9.4%.
A Buenos Aires-type family of four peopletwo adults and two children, needed $350,579 in October to not be poor, as reported this Thursday by the General Directorate of Statistics and Censuses (DGEyC) Buenos Aires
The increase in the Total Basic Basket was 8.8%, 0.6 percentage points less than inflation, which in the City of Buenos Aires was 9.4%.
Meanwhile, the destitution threshold It was $199,129 for the same type of family. That is to say that the homeless line grew by 7.6%, below the Consumer Price Index (CPI).
“Both the indigence line and the poverty line are determined from a subset of goods and services in the CPI basket, so in this context of high inflation it is expected that the values will change abruptly month by month,” he noted. José María Donatiholder of the General Directorate of Statistics and Censuses Buenos Aires
It should be noted that the baskets measured by the DGEyC porteña do not include the rental cost, which in the City is around $300,000.
