"As the president said, with the impact of inflation and some economic measures, obviously the next may be an index that is slightly worse than the last one announced," said Minister of Health and Social Development Carolina yesterday. Stanley, to predict the strong growth in poverty measurement. Experts advised by this newspaper warned that over the past year, 2.5 million people in the country have worsened their economic situation and become poor in terms of their cash income. This figure is based on a 33% / 33.5% percent income poverty estimate for the fourth quarter of last year, which implies a strong increase over the same period in 2017 when a poverty level of 26.3% was recorded.
"We will wait for the figures given by the Indian, and as we always do, we will explain what happened and how we will continue to work. Last year, as a result of inflation slightly higher than expected, we prioritized the country of "In the end of March, INDEC will publish the value of poverty in the half-yearly survey, with data for the second half of last year expected to be 31.5%, over 25.6 for the same period in 2017.
According to INDEC, the overall wage index has a nominal increase of 27.9% in November 2018 compared to the same period in 2017, while overall inflation for that period is 48.5% and rising basket prices, 52.9%, which means a difference of 25 points against wages. In addition, retirees started in 2018 with a minimum of 7246 pesos, now at 9300 pesos, an increase of 28.3%, 20 points behind overall inflation. At the same time, the Labor Ministry's indicator showed a drop in employment by 2.3% in 2018.
Based on these partial data, sociologist and social statistics specialist Diego Bourn estimated that poverty in the second half of 2018 was 31.5%, an increase of 5.9 points compared to a year earlier. In addition, it is estimated that in the fourth quarter, poverty was 33 / 33.5%, seven points more than in the same period of the previous year. In absolute terms, there will be 2.5 million people who become poor, as each point of increase equals 450,000 people across the country. Meanwhile, Daniel Steginger, a cone researcher, agrees that poverty in 2018 has increased by seven percentage points, while the UCA social observatory measures a slightly lower increase in poverty, although the point of arrival is the same: 33.6% .
"Yesterday, I was talking to Jorge Todezka, the director of the Indian, with whom we have been working from the beginning, and I told him that this government is striving to make the data transparent, to speak with the truth, the only way to transform reality, and from this place we respect the work Indec does, an independent job that can finally measure poverty again, "Stanley said yesterday.
One of the recurrent themes of benchmarking is the multidimensional measurement of poverty, which includes the inclusion of elements that go beyond monetary income, such as access to education, healthcare and basic infrastructure. The owner of the Health and Social Development portfolio said that "today Indec is measuring the poverty index we respect, which we value and through which we continue to measure poverty in Argentina."
According to UNICEF's latest multidimensional poverty measure, 48% of Argentina's children and adolescents are poor, which is 38% for the entire population. The United Nations-based agency believes that at least the lack of education, social protection, adequate housing, basic sanitation, access to safe water and safe habitat are sufficient for the household to be considered a poor from a multidimensional point of view.