The Basic Food Basket (CBA) increased 3.2% compared to the previous month and accumulated an interannual variation of 149.1%. While the Total Basic Basket (CBT) in reference to September marks a difference of 3.6% and with respect to the same month of the previous year, 142.7%.
The IMF forecasts annual inflation of 120%.
Inflation: how much is needed to avoid falling below the poverty line
Regarding the family income necessary to overcome the poverty line in October, the DIPEC indicated:
- A person He needed $48,306 to avoid being homeless.
- $117,868 for a family of three members.
- a home of four members It cost $149,268.
- A family made up of five people required $162,311.
Inflation: in October in Argentina it was 8.3%
Days ago the National Institute of Statistics and Censuses (INDEC) announced that the inflation in Argentina during the month of October was 8.3% and that the year-on-year figure reached 142.7%. While the increase registered in the Consumer Price Index during the first 10 months of 2023 is 120%.
The division with the greatest increase in the month was Communication (12.6%), followed by Clothing and Footwear (11.0%) –due to the change of season–, and Home Equipment and Maintenance (10.7%) .
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