Despite official statements, at the end of 2023 the average income for 80 percent of families was reduced compared to 2019.
It only grew 3.6 percent in the 20 percent of households, which are the richest, says Exante.
The consulting firm’s analysis, which uses data from the Continuous Household Survey, takes into account all the income declared by respondents.
It includes what is obtained from work, pensions or transfers, among others, but not the rental value of the property (how much the house one owns would be worth if one rents it in that specific neighborhood or town).
Inequality is also seen at the country level. The study reveals that Montevideo households had an average income that doubled the average of the departments of Artigas or Cerro Largo (to cite the most extreme cases, says the newspaper El Observador).
The newspaper maintains that such statistics give arguments to the criticism from the opposition Frente Amplio of the government practice of favoring the most powerful economic sectors under the hypothesis that its results should provoke a spillover of wealth to the most needy.
That has not happened in Uruguay or in any other part of the world, criticized the Broad Front candidate Carolina Cosse at a campaign event for the internal party elections on June 30.
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