Argentina Poverty Rate Rises to 32.3%, Up 4.1 Points in Six Months
Argentina poverty rate rose to 32.3% in the first half of 2026, up from 28.2%, INDEC said. Who is hit hardest, why it rose and what comes next. The post Argentina Poverty Rate Rises to 32.3%, Up 4.1 Points in Six Months appeared first on The Rio Times .
Argentina's poverty rate surged to 32.3% in the first half of 2026, a 4.1-point increase from six months prior, according to official data. The surge places roughly 15.6 million people in poverty nationwide. Over the past year, the poverty-line basket rose 38.3%, driven by essential commodity prices outpacing wage growth. Jobs are another contributing factor, with unemployment reaching 7.9% in Q2.
Children and young adults are the most adversely affected, with 44.5% of those aged 14 or younger living in impoverished households. The Northeast and Patagonia regions faced the highest poverty rates, while Greater Buenos Aires saw a 32.1% poverty rate. Economy Minister Luis Caputo acknowledged the rise, noting that it is still below the 52.9% peak in 2024, but stressed the need for continued policy focus to address the issue.
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