Argentina poverty rate jumps to 40.9% in first half of 2020

Argentina poverty rate jumps to 40.9% in first half of 2020 - statistics agency

EconomySep 30, 2020 03:25PM ET

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Argentina poverty rate jumps to 40.9% in first half of 2020 - statistics agency

BUENOS AIRES (Reuters) - Argentina's poverty rate rose to 40.9% in the first half of 2020, the country's official INDEC statistics agency said on Wednesday, underscoring the devastating impact of the coronavirus pandemic on the South American country's population.

The poverty rate was a significant uptick from 35.5% recorded for the second half of 2019.

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Michael Angelo Sep 30, 2020 5:27PM ET

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No confundais socialismo con corrupción. En Argentina hace lustros que ninguna fórmula política logra hacer algo perdurable. Lo único que hacen a cambiar slogans y etiquetas políticas para seguir robando. Ese país no tiene arreglo posible.

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Marcos Piccinini Sep 30, 2020 3:28PM ET

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Who could have told socialism was going to fail?

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Argentina poverty rate jumps to 40.9% in first half of 2020 - statistics agency

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