Argentina: price changes in basic market basket 2024

Both the value of the basic food basket and the basic consumer basket in Argentina have been increasing since January 2018, experiencing a particularly steep growth from the beginning of 2022 onwards. The value of the basic food basket, which establishes the extreme poverty line, stood at 104,483 Argentine pesos in February 2024.

Value of the basic food basket and the basic consumer basket in Argentina from January 2018 to February 2024 (in Argentine pesos)

Characteristic	Basic food basket	Basic consumer basket
Feb 24	104,483	223,593
Jan 24	92,415	193,147
Dec 23	77,890	160,453
Nov 23	59,887	126,361
Oct 23	51,975	111,746
Sep 23	47,858	103,373
Aug 23	42,262	92,132
Jul 23	36,130	80,570
Jun 23	33,731	75,219
May 23	32,056	70,523
Apr 23	30,469	65,813
Mar 23	28,388	61,886
Feb 23	26,046	57,302
Jan 23	23,315	52,925
Dec 22	21,743	49,358
Nov 22	20,716	47,232
Oct 22	20,099	45,223
Sep 22	18,360	41,493
Aug 22	17,149	38,756
Jul 22	16,008	36,019
Jun 22	15,057	33,727
May 22	14,401	32,258
Apr 22	13,763	30,829
Mar 22	12,900	29,026
Feb 22	12,108	27,122
Jan 22	11,111	25,445
Dec 21	10,668	24,643
Nov 21	10,267	23,922
Oct 21	10,008	23,419
Sep 21	9,713	22,826
Aug 21	9,454	22,123
Jul 21	9,386	21,869
Jun 21	9,195	21,517
May 21	8,875	20,856
Apr 21	8,633	20,375
Mar 21	8,312	19,700
Feb 21	7,953	18,769
Jan 21	7,677	18,271
Dec 20	7,340	17,543
Nov 20	6,982	16,756
Oct 20	6,702	16,153
Sep 20	6,288	15,280
Aug 20	6,082	14,718
Jul 20	5,929	14,408
Jun 20	5,835	14,178
May 20	5,785	13,942
Apr 20	5,792	13,784
Mar 20	5,616	13,591
Feb 20	5,432	13,201
Jan 20	5,333	13,066
Dec 19	5,043	12,609
Nov 19	4,886	12,167
Oct 19	4,596	11,536
Sep 19	4,503	11,257
Aug 19	4,291	10,684
Jul 19	4,134	10,335
Jun 19	4,016	10,080
May 19	3,912	9,818
Apr 19	3,833	9,545
Mar 19	3,767	9,305
Feb 19	3,598	8,922
Jan 19	3,423	8,558
Dec 18	3,300	8,250
Nov 18	3,276	8,157
Oct 18	3,151	7,845
Sep 18	2,932	7,300
Aug 18	2,701	6,754
Jul 18	2,627	6,516
Jun 18	2,537	6,344
May 18	2,419	6,095
Apr 18	2,308	5,909
Mar 18	2,295	5,782
Feb 18	2,261	5,676
Jan 18	2,197	5,493

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Release date

March 2024

More information

Region

Argentina

Survey time period

January 2018 to February 2024

Special properties

Greater Buenos Aires

Supplementary notes

The basic food basket (canasta básica alimentaria) is the group of foodstuffs and beverages that satisfies nutritional needs (both kilocalorie and protein requirements), and whose composition reflects the consumption habits of a reference population, that is, a group of households that covers with their consumption said food needs.
The value of this basket is used in Argentina as a reference point to establish the indigence line, also known as the extreme poverty line. This line gauges if households have enough income to cover a basic basket of foodstuff able to meet a minimum threshold of caloric and protein ncesities.

The basic consumer basket (canasta básica total, literally translated as total basic basket) expands the basic food basket by adding goods and non-food services such as clothing, transportation, education, health, housing, etc. It is used as the reference point to establish the poverty line.

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