Argentina's poverty rate climbs to nearly one in three under Milei

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Argentina's poverty rate increased to 32.3% in the first half of 2026, rising from 28.2% in the previous period, with extreme poverty also climbing. The data highlights worsening economic conditions affecting income amid rising prices, notably impacting children under 14 years, where nearly half live in poverty.

Argentina’s poverty rate rose to 32.3% in the first half of 2026 from 28.2% in the previous six months, official data showed on Thursday, as incomes lagged rising prices. Extreme poverty climbed to 7.5% from 6.3%. Among children aged 14 and under, 44.5% were poor.