Macroeconomy/Finance

Isolation reduced income in 57% of households

In the Metropolitan Area of Buenos Aires (AMBA), 38.8% of households reported a 50% income fall during April. In 18.8% of homes, the decline would have been even more significant than 50%. Only 37.1% of the households stated that their income would not have changed, and 5.1% said that their family income had increased in the context of quarantine. These figures involve 57.6% of households in a study by the Social Debt Observatory of the Argentine Catholic University.

Source: Ámbito

Categories: Macroeconomy/Finance