Argentina poverty trend worsens as basic basket costs rise, study shows
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A UCA report shows Argentina's maximum retirement benefit now equals 1.2 average private salaries, down from 2.0 in 2019—a one-third loss in purchasing power. The data is based on 2019 figures, so current erosion may be worse. This highlights structural pension erosion amid Argentina's economic crisis, with political implications for the government.
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