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The Independent UK
The Independent UK
National
Dbora Rey and Daniel Politi

High inflation pushes poverty rate even higher in Argentina

Copyright 2023 The Associated Press. All rights reserved

One of the world’s highest inflation rates is making it more difficult to make ends meet in Argentina, where at the end of last year nearly four of every 10 people were poor, official figures revaled Thursday.

Poverty increased to 39.2% of the population in the second half of 2022, a three percentage point increase from the first six months of the year, said Argentina’s national statistics agency, INDEC. Among children under age 15, the poverty rate increased more than three percentage points to 54.2%.

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