Poverty, the Most Important Deficit

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Poverty, the Most Important Deficit

First week
April 2021

In line with expectations, The Statistics Agency announced that 42% of Argentines are below the poverty line. The data correspond to the second semester of last year and marked a rise of 1.5 points compared to the data of the first semester, which was when the quarantine had hit the most in informal employment, which in any case continues to be hardly hit. This implies that there are more than 19 million people whose household income does not cover a minimum basket. Additionally, 10.5% of the population is indigent, that is, almost 5 million people, extrapolating the sample of the 31 cities surveyed to the rest of the country. If you look at households, the numbers look better because there are 31.6% poor households and 7.8% indigent.