Argentina's poverty rate climbs to nearly one in three under Milei
Argentina’s poverty rate rose to 32.3% in the first half of 2026 from 28.2% in the previous six months, official data showed on Thursday, as incomes lagged rising prices. Extreme poverty climbed to 7.5% from 6.3%. Among children aged 14 and under, 44.5% were poor.
Argentina's poverty rate has risen to 32.3% in the first half of 2026, up from 28.2% in the previous six months, according to official data. The rate of extreme poverty also increased, from 6.3% to 7.5%.
The poverty rate among children aged 14 and under is significantly higher, at 44.5%, with 10.8% classified as extremely poor, according to Free Malaysia Today.
The increase in poverty is attributed to incomes not keeping pace with rising prices. The national statistics agency Indec considers adults who cannot afford a basic basket of goods and services to be poor, and those who cannot afford a basic food-only basket to be extremely poor.
Brief written by urgent.news from France 24, Free Malaysia Today — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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- Argentine poverty rate climbs, in setback for Milei freemalaysiatoday.com
- Argentine poverty rate climbs, in setback for Milei nst.com.my
- Argentina’s poverty rises to 32 percent under Milei with more pain forecast aljazeera.com
