# Global rising cost of living and food inflation > Live situation record from CLSTR: https://clstr.news/situations/global-rising-cost-of-living-and-food-inflation > Updated: 2026-09-24T00:01:41.000Z. Sources: 79. Developments: 3. Reports indicate rising costs for essential goods and services are impacting households across several regions. In Argentina, data shows significant increases in the cost of child-rearing and basic necessities. In Jujuy, a family of five requires approximately $1.65 million pesos to remain above the poverty line. Subsequent data from Rosario indicates that the Basic Food Basket (CBA) rose by 8% in August, contributing to a year-on-year increase in the Total Basic Basket (CBT) of 39.9%. Recent updates from the Universidad Nacional de Rosario show that for a family of four with their own home, approximately $1,778,233 ARS was required in August to stay above the poverty line. The CBT has seen a 33% rise so far in 2026, with food spending outpacing other goods and services. In Argentina, rising prices for food and beverages threaten to stall the recent disinflation process. While August inflation reached a 14-month low of 1.7%, private consultants warn of an acceleration in September. Analytica projects a 2% monthly CPI, driven by a 1.8% weekly increase in food and beverages, while LCG reported a 1.4% increase during the third week of September. EconViews estimates a 1.9% increase. Some economists have warned that the contraction in activity could lead to a technical recession. Economic volatility is compounded by a contraction in activity. Official INDEC data reveals that in July, monthly economic activity (EMAE) fell by 2.9% compared to June, marking its largest monthly decline since the pandemic. This decline was particularly notable in the manufacturing, construction, and wholesale and retail trade sectors. Economy Minister Luis Caputo attributed this to transient shocks, including gas shortages, weather-related disruptions, and reduced working hours due to the World Cup. Additionally, reports indicate a substantial loss of formal private sector jobs since late 2023. ## Claims - Analytica projects September's CPI will reach 2% due to a 1.8% weekly increase in food and beverages. (disputed by 2 sources) - LCG reported a 1.4% increase in food and beverages during the third week of September. (disputed by 2 sources) - Argentina's economic activity fell 2.9% in July compared to June. (corroborated by 6 sources) - The year-on-year economic activity in Argentina decreased by 1.4% in July. (corroborated by 6 sources) - EconViews projects a general CPI of 1.9% for September. (corroborated by 2 sources) - Argentina's CPI rose 1.7% in August compared to July. (corroborated by 2 sources) - Economy Minister Luis Caputo attributed the July economic decline to transient shocks including gas shortages and weather conditions. (corroborated by 2 sources) - Argentina lost 245,600 formal private sector jobs between November 2023 and June 2024. (corroborated by 2 sources) - Supermarket sales in Argentina fell 2.1% year-on-year in July. (single source) - Since November 2023, approximately 31,342 companies have closed in Argentina. (single source) - The electronic and medical equipment industry saw a 19.1% decline over the last year. (single source) - Fourteen out of eighteen surveyed sectors experienced a decrease in the number of companies. (single source) ## Timeline ### 2026-09-24: Argentina economic activity falls 2.9% in July amid inflation concerns Argentina's economic activity fell 2.9% in July, signaling a potential technical recession. Private consultancies also warn of rising September inflation driven by increasing food and beverage costs. 60 sources. https://clstr.news/cluster/food-price-increases-impact-inflation-in-argentina-and-dominican-republic ### 2026-09-16: Rising basic basket costs impact households in Argentina and Mexico Rising costs for basic food and essential goods are driving up poverty lines in Rosario, Argentina, and Tamaulipas, Mexico, as food inflation outpaces general price increases. 3 sources. https://clstr.news/cluster/rising-basic-basket-costs-impact-households-in-argentina-and-mexico ### 2026-09-13: Global economic shifts impact food costs and social assistance Global reports highlight rising costs of living, including food inflation in Mexico and Argentina, and new US federal adjustments to SNAP benefits and healthcare reimbursements. 17 sources. https://clstr.news/cluster/united-states-to-issue-healthcare-rebates-of-up-to-500-in-october --- Cite as: Global rising cost of living and food inflation. CLSTR, https://clstr.news/situations/global-rising-cost-of-living-and-food-inflation