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[BUSINESS] · Argentina · 24 sources

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Argentina economic data shows rising poverty and living costs

Economic indicators in Argentina show a significant rise in poverty and cost of living. Private estimates from consultancies like ExQuanti, the Universidad Torcuato Di Tella, and the Universidad Católica Argentina suggest that poverty increased during the first half of 2026, potentially affecting 15.1 million people. This marks a reversal of a downward trend observed in previous periods.

Official data from INDEC for August 2026 highlights the widening gap between minimum wages and essential costs. A family of four required $1,605,497 to avoid poverty and $726,469 to avoid indigence, figures that significantly exceed the government-set minimum wage. Additionally, the cost of raising a child (Canasta de Crianza) reached up to $713,070 per month for children aged 6 to 12, factoring in both goods, services, and the economic value of caregiving time.

Other economic shifts include a decline in beef consumption, which hit its lowest level since 2005 due to rising prices and decreased purchasing power.

Entities

Argentina · ExQuanti · INDEC · Universidad Católica Argentina · Universidad Torcuato Di Tella

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about 15 hours ago
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