Argentina poverty rate drops to 36.5% in first half of 2022


Reuters | Buenos Aires | Updated: 29-09-2022 00:38 IST | Created: 29-09-2022 00:37 IST
Argentina poverty rate drops to 36.5% in first half of 2022
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  • Argentina

Argentina's poverty rate fell to 36.5% in the first half of 2022 from 37.3% in the second half of 2021 and down from 40.6% in the first half of last year, the government's INDEC statistics agency said on Wednesday.

Argentina, a country of some 45 million people, is rich in natural resources from cattle and corn to natural gas, but plagued by inflation, economic mismanagement and years of cyclical debt crises.

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