Due to the devaluation, more than $ 19,600 was needed in June to avoid being poor



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Lines of destitution and poverty rose sharply in June, under the effect of sharp rises in food prices. According to INDEC, a family made up of a couple with two school-aged children needed $ 7,840.72 to buy the basic basket (CBA) and overcome the line. indigence and $ 19,601.79 to acquire the basic basket (CBT).

In other words, the poverty line jumped 4.1% in June compared to May and rose 17.5% in the first half of the year (and 32.3%). % June 2017). That is, the CBT rose significantly above inflation, which has accumulated 16% increase in the first six months of 2018.

While the line from indigence increases 4.9% of the price increase of food, the highest increase of the Macri era. Has the impact of the rising dollar been immediately perceived in the price of grains and oilseeds as exportable products and their derivatives. So, while in June, the dollar jumped 17.5%, the price of 000 common wheat flour rose 25.8%, sunflower oil rose 11.8 % and the bread flute of 10.8%, according to the Indec.

Therefore, Professor Eduardo Donza, a researcher at the Observatory of the Social Debt of UCA, badured the LPO: "It is very likely that we will experience a significant increase in poverty in 2018. We still do not know how much in exact numbers, the impact of poverty – we are currently doing our annual survey on the ground – but we can anticipate that it will be important. "

" It is very likely that we will experience a significant increase in poverty in 2018. We can not yet know exactly how many people, but we can anticipate that it will be important, "Eduardo Donza told the LPO

. due to inflation, but because all specialists indicate that the fiscal adjustment will be made by cuts in public works, which directly affects the construction, which employs a worker profile corresponding to that of the low-income households ". Donza

Already in May the dollar had climbed 20.5% and the effect on the ABC's food had been noted: the line of indigence had risen by 4.8%. That is to say that only in two months, the line of indigence has accumulated an increase of 9.9%. And so far this year, 18%, two points more than the change in the CPI.

This obviously conditions projections of the incidence of poverty in the country. Already between January and May, the number of registered workers was reduced by 98,200 people (7.9% with seasonality) and the minimum wage and the mobile evolution of 7.2% between January and June – from July , I grew by 5.3% – which left it far below inflation.

"Minimal is a change of trend: what we had in 2017 had been a positive change from 2016 – which had been a bad year -, this improvement was like a virtuous circle that combined less of Inflation, the reactivation of construction on the public works side and that of an average sector that badociated a little better and started to make spare parts at home and to generate changes. changed in 2018, especially after April because of the forced devaluation, "Donza badysis.

"Anyway there is a positive fact and that the adjustment of pensions, pensions and AUH is for the CPI and not as before, otherwise, it will not be so high, and on the side of inflation, we have the incentive We are in the months of the impact of the devaluation on inflation.If the dollar stabilizes, we will see that these months were the worst and future improvements, "said Donza

" Unfortunately, we must take into account the fact that we are in the presence of structural poverty, regardless of whether the poverty line-of-income indicator increases. of a few points or decreases by a few points, when we see it from a multidimensional estimator, it gives that at least 25% of households have 2 or 3 negative indicators. a problem that takes decades.We are facing a third generation who saw that the effort of their parents and gra nds-parents have not paid for an improvement in their living conditions, "concluded the specialist.

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