Argentina’s poverty rate fell to 31.6 percent in the first of the year, according to the INDEC national statistics bureau – a drop of 6.5 points from the second half of 2024.

Extrapolated out to the wider population, the data means that more than 14 million Argentines – almost a third of the population – are now considered poor.

The proportion of households living below the poverty line stood at 24.1 percent, added the bureau, a drop of 4.5 points from the same period.

Within this group, 5.6 percent of households were classified as living in extreme poverty, encompassing 6.9 percent of the population – declines of 0.8 points and 1.3 points respectively.

The downward trend was observed across all regions of the country, according to INDEC’s report.

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