Pandemic worsened the risk of poverty of single-parent families from 25 to 30 percent - Plataforma Media

Pandemic worsened the risk of poverty of single-parent families from 25 to 30 percent

On World Population Day, Pordata releases a set of more than 50 indicators that allow a “comprehensive radiograph” of the country over the past three years. Pandemic damaged family incomes and brought more public debt.

The pandemic aggravated the risk of poverty at a national level and those who suffered most were single parent families with at least one dependent. The conclusion is from the Pordata database, which details that between 2019 and 2020, there was an increase of 4.7 percentage points in the at-risk-of-poverty rate for single-parent families, rising from 25.5 to 30.2 percent. Over the same period, the at-risk-of-poverty rate for the general population also increased, by 2.2 percentage points, from 16.2 to 18.4 percent.

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These are worrying figures and could worsen in 2022, given the soaring inflation affecting the cost of living for families and businesses. According to the latest Eurostat update, estimated inflation for Portugal (nine percent) in June was above the Euro Zone average (8.1 percent).

But the upward trend in inflation was already visible in the period under study. According to Pordata data, the inflation rate was at 0.3 percent in 2019, the last year before the pandemic, rising to 1.3 percent in 2021, with the reopening of the economy allowing consumption to return.

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The pandemic has also benefited Portuguese household savings, increasing by 5.7 percentage points between 2019 and 2020.

Read more at: Diário de Notícias

Este artigo está disponível em: Português

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