Basic Food Basket: up 4.2 % in January

The Total Basic Food Basket (CBT) registered an increase of 4.2 per cent in January, the National Institute of Statistics and Census (INDEC) reported yesterday. According to official data, a typical family needed an income of 56,459 pesos ($635) not to be considered poor. Meanwhile, the so-called Basic Food Basket (CBA) – which measures indigence – increased by 4.6 per cent in the first month of the year. Both indicators rose above the general index, which was 4%.

Source: Ámbito