Argentina: Hunger and food prices through the roof, accumulate a rise of 20.73% in the year

Published 2021년 5월 25일

Tridge summary

In the first half of May, Argentina saw a significant increase in food prices, leading to a 1.83% rise in the food basket and 46.4% increase over the past year, according to Indec. This inflation has caused extreme hardship, particularly for lower-income households where food expenditures make up a substantial portion of their total expenses. As a result, poverty rates have escalated, with over 20 million people falling below the poverty line in 2020. To address this, the government has implemented the Alimentar card and the Universal Child Allowance (AUH), but challenges such as card usage issues and insufficient funds to cover basic needs persist. The situation has led to a surge in the number of people relying on food banks, with severe food insecurity affecting many households, especially those with children. Despite these initiatives, many households remain in poverty, highlighting the urgent need for more comprehensive solutions to address the deep-rooted issues of food insecurity and poverty in Argentina.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The food basket increased 1.83% in the first half of May, according to Free Consumers. The other side is the increase in hunger in households with girls and boys. The social situation is critical and the Government refuses to reestablish an IFE. Drafting Being able to eat became a luxury with the high prices of food. According to Indec, the prices of food and beverages increased 46.4% in the last twelve months, above the general level. In April, inflation was 4.1% and “Food and non-alcoholic beverages” reached 4.3%. Food prices are still high in May. A survey of Free Consumers in supermarkets and neighborhood businesses in the city of Buenos Aires registered that the price of the 21 products of the so-called "basic food basket" had a rise of 1.83% during the first fortnight of May 2021 Thus, since the beginning of the year, the accumulated sum is 20.73%. Inflation does not give truce, and it is projected that it will be 47.3% by the end of 2021. It may interest you: Livestock ...

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