Vice President Cristina Fernández de Kirchner assured that the increase in indigence “shows the impact of the sharp increase in food prices” and warned that “food companies have increased their profit margins very strongly”, for which she spoke in favor of “a more precise and effective intervention policy in the economic sector” to combat inflation and its consequences.
The INDEC today publishes data on the decrease in poverty from 37.3% to 36.5% in the first half of 2022. However, in the same period indigence increased from 8.2% to 8.8%, this shows the impact of the sharp rise in food prices.
– Cristina Kirchner (@CFKArgentina) September 28, 2022
“Indec today publishes data on the decline in poverty from 37.3% to 36.5% in the first half of 2022. However, in the same period indigence increased from 8.2% to 8.8%, this shows the impact of the strong increase in food prices”alerted through a Twitter thread.
In this framework, he pointed out that “it is more than clear” that Argentina is “facing a phenomenon of inflation due to supply and not due to demand.”
“Food companies have increased their profit margins very strongly,” he remarked.
The Ministry of Economy has worked hard in all areas of its competence, but a more precise and effective policy of intervention in the sector is necessary and, at the same time, design an instrument that reinforces food security in terms of indigence.
– Cristina Kirchner (@CFKArgentina) September 28, 2022
Given this scenario, he considered that “the Ministry of Economy has worked hard in all areas of its competence, but a more precise and effective intervention policy in the sector is necessary.”
Finally, the Vice President proposed “designing an instrument that reinforces food security in terms of indigence”.
