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Argentina's poverty rate rises to 32.3% in H1 2026 under Milei, with more pain forecast
National statistics agency INDEC reported on Thursday that the poverty rate increased by 4.1 percentage points from 28.2% in H2 2025. Extreme poverty also rose to 7.5%, and unemployment hit 7.9%, the highest level since 2021. The Catholic University of Argentina (UCA) estimates the rate could rise to 35% by year-end.
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