Poverty in Argentina reached 52.9% of the population in the first semester, a strong increase of 11.2 percentage points compared to the same period in 2023, the Indec statistics institute reported this Thursday.
In the first half of the year, which coincided with the first months of the ultraliberal president’s strong adjustment policy Javier Mileyindigence also increased 6.2 points to stand at 18.1%, in a country with 47 million inhabitants.
Indec calculates poverty by comparing household income with the cost of a total basic basket, which includes food and other goods and services such as clothing and transportation and which for the first semester was around 240 dollars.
The presidential spokesperson, Manuel Adorni, pointed out before the data was publicly known that this index reflected “the harsh reality that society is going through” and blamed “populism that has subjected Argentina to so many years of misfortune and devastation” for these results. .
Argentina’s GDP fell 1.7% in the second quarter of this year compared to the previous quarter, deepening the economic recession.
These figures accompany one of the highest inflations in the world, 236.7% in the 12 months to August.
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2024-10-02 17:56:29