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Argentina Poverty Drops to 28.2% in Second Half of 2025, INDEC Says

Analysts warn the decline is losing steam and could reverse in early 2026.

Overview

  • INDEC, which released the report Tuesday, put poverty at 28.2% and indigence at 6.3%, covering 8.47 million people in 31 urban areas and about 13.1–13.5 million nationwide after extrapolation.
  • The rate fell from 31.6% in the first half of 2025 and from a 52.9% peak in early 2024, marking the lowest reading since 2018.
  • Economy Minister Luis Caputo credited economic growth, easing inflation, and direct social transfers, and President Javier Milei celebrated the figures online.
  • Results varied widely by location, with Buenos Aires City at 9.6% and Concordia near 49.9%, while La Rioja and Rawson–Trelew worsened and Greater Buenos Aires registered 32.6%.
  • Economists said the drop has slowed and warned that faster growth in the basic food and total consumption baskets than in incomes, plus higher unemployment, could push poverty back toward or above 30% in the first half of 2026.