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The foods that had the greatest increase were bananas, carrots and fish. The increase in the prices of the products of the basic basket caused an increase in the poverty line and extreme poverty in Chile, according to the Ministry of Social Development and Family.
In July, the basic basket in Chile cost 645 dollars, a price that had not been recorded before.
The basic food basket in Chile is one of the variables that the Chilean Ministry of Social Development uses as a measure of the cost of living and as an indicator to set the line of poverty and extreme poverty.
Regarding the poverty line in the South American nation, a monthly variation of 2% was observed in July, higher than that registered in June, of 0.7%.
With the records of the Government it was known that 84% of the 80 products that make up the basket suffered a price increase.
The Consumer Price Index (CPI) in Chile has been at high levels in recent months. In 2021, the South American country closed with the highest inflation in 14 years, registering 7.2%, while between January and July it accumulated an increase of 8.5% and in the last 12 months the country reached two inflationary digits, reporting 13.1%.
Regarding the increase in the Monthly Index of Economic Activity (Imacec) for June 2022, the Central Bank of Chile assured in a statement that “it was mainly influenced by service activities. Meanwhile, trade and the production of goods fell.
With EFE and Reuters
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