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LatinNews Regional Monitor: Brazil & Southern Cone - 31 March 2017

TRACKING TRENDS

ARGENTINA | Poverty data. On 28 March Argentina’s national statistics institute (Indec) reported that the national urban poverty rate fell marginally in the second half of 2016, from 32.2% to 30.3%. The extreme poverty rate fell by 0.2 percentage points to 6.1% in the second half of 2016, or 2.6m people. Having argued that the methodology used to obtain the poverty figures had to be overhauled, this is only the second set of poverty figures released by Indec since the previous leftist Frente para la Victoria (FPV, Kirchneristas) administration led by former president Cristina Fernández (2007-2015) stopped releasing official poverty figures in 2013 (along with other key economic metrics). This was largely seen as a move designed to hide the fact that despite its rhetoric, the unorthodox economic policies implemented by the Fernández administration had driven many Argentines into poverty rather than help lift them out of it.

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