After two months without publishing the real cost of the basic basket, the National Institute of Development Information (INIDE) reported that the family basket surpassed the barrier of 20 thousand córdobas in the month of April 2024. The cost of the most of 50 products necessary to support a family is 20,455.62 córdobas per month.
The truth is that the basic basket had already reached 20 thousand córdobas in March of this year, but INIDE preferred not to publish the statistics for that month. In March 2024, the family basket stood at 20,262.47 córdobas.
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From January to April 2024, an increase of 646.77 córdobas has been recorded in the basic basket, according to official figures. In April, an increase of 193.15 córdobas was reported, the largest increase recorded in the year.
In April 2023, the family basket cost 19,234.15 córdobas. In the last 12 months, an increase of 1,213.47 córdobas in the basic basket has been reported. Experts point out that this value of basic products deepens the gap with the minimum wage.
A survey by the Cid Gallup firm revealed that 55% of Nicaraguans do not always have money to buy food. This data reflects that more than 3 million 760 thousand nationals at some point during the week or month suffer from hunger due to the lack of purchasing power and the exponential increase in basic basket products in Nicaragua.
According to the CID Gallup survey, Nicaragua is in fourth position among Latin American countries where its citizens report not always having money to buy food with 55%, being only surpassed by Peru with 56%, Honduras 59% and Venezuela 72%.
