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Poverty in Argentina dropped to 37.3% at the end of 2021 but remains above the 2019 level

RIO DE JANEIRO, BRAZIL - Poverty was significantly reduced in 2021 and dropped to 37.3%, more than expected. However, despite having reacted to the strong monetary issuance, the reopening of bargaining, the freezing of utility tariffs -and other prices, such as part of basic foodstuffs- and the backwardness of the dollar in an electoral semester, poverty is still higher than in 2019, at the end of Mauricio Macri's government.

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