In the first two months of 2020 the Total Market Basket grew by 4.7%

The Total Market Basket (TMB) for a family of four – two adults and two children under ten years – cost 40,789.67 pesos ($644.6) in February, according to the National Institute of Statistics and Census (INDEC). The figure, which defines the Poverty Line, increased 1% over the previous month. The Basic Food Basket (BFB), which represents the level of indigence, rose 1.9% per month and was worth 16,785.87 pesos ($265.26). Year-on-year, the TMB rose by 47.9%, while the BFB rose by 51%.

Source: Ámbito