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20% Argentines live on less than
$1 a day: survey
Around 8 million Argentines, or
some 20 percent of the
population, live on less than
2.75 Argentine pesos (89 U.S.
cents) a day, or around 82 pesos
(26.45 dollars) a month,
Argentina's National Statistics
and Census Agency (Indec) said
on Tuesday.
The data, gathered across the
country in a study that ended in
the first quarter of the year,
presented all new figures as
researchers visited poor rural
households which were not
covered in previous surveys, the
Indec said.
The data showed that some 30
percent of the population, or 4
million people, earns less than
400 pesos (129 dollars) a month.
The data showed that some 20
percent of the population spends
between zero and 140 pesos (45
dollars) a month, or less than
4.60 pesos (1.48 dollars) a day.
The study defined some 60
percent of the Argentine
population as paupers who were
unable to afford a month's basic
shopping basket of items needed
by two adults and two children,
which costs 391 pesos (126
dollars) or 98 pesos (32
dollars) a person.
The poorest 10 percent of the
population had an average
monthly salary of 50 pesos
(16.12 dollars) versus 1,823
pesos (588 dollars) for the
richest 10 percent, according to
the data.
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