A typical family needed 40.7% more income than a year ago to avoid falling into poverty

In June, a typical family needed to have an income 40.7% higher than in the same month last year to avoid falling into poverty, according to the National Institute of Statistics and Census (INDEC). The monthly increase of the Basic Food Basket (CBA, used to measure indigence) was 0.9%, while the variation of the Total Basic Basket (CBT, used to measure poverty) was 1.7%. The interannual variations of the CBA and the CBT were 45.3% and 40.7%, respectively.

Source: Infobae