Both the value of the basic food basket and the basic consumer basket in Argentina have been increasing since January 2018, experiencing a particularly steep growth from the beginning of 2022 onwards. The value of the basic food basket, which establishes the extreme poverty line, stood at 104,483 Argentine pesos in February 2024.
Value of the basic food basket and the basic consumer basket in Argentina from January 2018 to February 2024
(in Argentine pesos)
The basic food basket (canasta básica alimentaria) is the group of foodstuffs and beverages that satisfies nutritional needs (both kilocalorie and protein requirements), and whose composition reflects the consumption habits of a reference population, that is, a group of households that covers with their consumption said
food needs.
The value of this basket is used in Argentina as a reference point to establish the indigence line, also known as the extreme poverty line. This line gauges if households have enough income to cover a basic basket of foodstuff able to meet a minimum threshold of caloric and protein ncesities.
The basic consumer basket (canasta básica total, literally translated as total basic basket) expands the basic food basket by adding goods and non-food services such as clothing, transportation, education, health, housing, etc. It is used as the reference point to establish the poverty line.
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Instituto Nacional de Estadística y Censos (Argentina). (March 13, 2024). Value of the basic food basket and the basic consumer basket in Argentina from January 2018 to February 2024 (in Argentine pesos) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1331389/value-basic-food-basket-and-consumer-basket-argentina/
Instituto Nacional de Estadística y Censos (Argentina). "Value of the basic food basket and the basic consumer basket in Argentina from January 2018 to February 2024 (in Argentine pesos)." Chart. March 13, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1331389/value-basic-food-basket-and-consumer-basket-argentina/
Instituto Nacional de Estadística y Censos (Argentina). (2024). Value of the basic food basket and the basic consumer basket in Argentina from January 2018 to February 2024 (in Argentine pesos). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1331389/value-basic-food-basket-and-consumer-basket-argentina/
Instituto Nacional de Estadística y Censos (Argentina). "Value of The Basic Food Basket and The Basic Consumer Basket in Argentina from January 2018 to February 2024 (in Argentine Pesos)." Statista, Statista Inc., 13 Mar 2024, https://www.statista.com/statistics/1331389/value-basic-food-basket-and-consumer-basket-argentina/
Instituto Nacional de Estadística y Censos (Argentina), Value of the basic food basket and the basic consumer basket in Argentina from January 2018 to February 2024 (in Argentine pesos) Statista, https://www.statista.com/statistics/1331389/value-basic-food-basket-and-consumer-basket-argentina/ (last visited November 22, 2024)
Value of the basic food basket and the basic consumer basket in Argentina from January 2018 to February 2024 (in Argentine pesos) [Graph], Instituto Nacional de Estadística y Censos (Argentina), March 13, 2024. [Online]. Available: https://www.statista.com/statistics/1331389/value-basic-food-basket-and-consumer-basket-argentina/