A family of four living in the City of Buenos Aires needed at least $52,169.48 in April to avoid poverty, $95,268.16 to avoid poverty and $147,135.81 to be considered middle class. according to the data released by the Buenos Aires General Directorate of Statistics and Censuses.
In that way, The expenses of the Basic Food Basket (CBA), which mark the limit of indigence, had an increase of 5.17% last month, which reached 59.06% in the accumulated of the last twelve months.
In the case of the Total Basic Basket (CBT), which establishes the poverty ceiling, the monthly increase was 5.31% and the year-on-year increase was 54.70%, while the Total Basket (CT), which in different proportions delimits the fragile middle sector, the middle class and the wealthy sectors, rose 5.30% in the month and 56.73% in relation to March of last year.
The indicated amounts do not include the payment of housing rent or common expenses, as they are not considered consumption expenses.
The most vulnerable group had the lowest percentage increase in April, which reflects a higher rise in the prices and rates of services and non-basic goods regarding staple foods.
Unlike the National Institute of Statistics and Censuses (Indec), which only recognizes the categories of poor and indigent, the Buenos Aires Department has six social strata in its classification.
In April, the resources necessary to invest in each category were the following: in a situation of indigence, up to $52,169.47; non-indigent poverty, from $52,169.48 to $95,268.15; and non-vulnerable poor, from $95,268.16 to $117,708.64.
In the case of the fragile middle sector, from $117,708.65 to $147,135.80; middle class, from $147,135.81 to $470,834.59; and affluent sectors, $470,834.60 or more.
The Indec will announce the measurement of the indigence and poverty baskets for April next Tuesday, May 17.
