June 21, 2021

Urban poverty in Argentina rises to 32% in the second half of 2018

Urban poverty in Argentina rises to 32% in the second half of 2018

Poverty in the urban population of Argentina stood at 32% during the second half of last year, 4.7 percentage points above the rate recorded in the first half of 2018, official sources reported Thursday.

According to the National Institute of Statistics and Censuses (INDEC) in a report, the index of indigence was placed in the second half of last year in 6.7% of people, 1.8 percentage points more than in the first half .

Compared year-on-year with the second half of 2017, the poverty index increased between July and December of last year by 6.3 percentage points and that of indigence, by 1.9 points.

Official statistics show that at the end of last December, 2.1 million households were below the poverty line, representing 8.9 million poor people.

Likewise, 442,859 households are, in turn, under the indigence line, which includes 1.8 million people.

The measurement takes into account the standard of living in the 31 most populated urban centers of the country, which covers 27.8 million people, out of a total population in Argentina 40 million people.

The report released this Thursday is the sixth on poverty carried out by Indec after the arrival of Mauricio Macri to the Argentine presidency, at the end of 2015, and the second of this cycle that results in an increase in the index.

The growth of poverty in the second half of the year coincides with high inflation rates, an indicator that directly affects the valuation of the basic basket of food and services that is then used to measure the line of indigence and poverty.


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