Oro's poverty incidence at 17.4% for 1st semester of 2021

SunStar File
SunStar File

THE poverty incidence in Cagayan de Oro in the past three years went up to 17.4 percent for the first semester of 2021, according to the Philippine Statistics Authority (PSA).

It is 2.3 percent higher than the 15.1 percent recorded by the PSA in 2018.

The report showed 130,400 individuals in Cagayan de Oro who lived below the poverty threshold in 2021's first semester, which was estimated at P14,369, on average, for a family of five per month.

In the same period, subsistence incidence among population was registered at 5.5 percent or about 41,000 individuals.

On the average, the monthly food threshold for a family of five for the same period in Cagayan de Oro was estimated at P10,034.

According to the report from PSA, among families, Cagayan de Oro's poverty incidence for the same period was estimated at 11.6 percent. It is equivalent to around 22,600 poor families.

Food for families was estimated at 3.3 percent or about 6,400 families who cannot afford even their basic food needs.

PSA defined poverty incidence as the proportion of poor individuals whose per capita income is not sufficient to meet their basic food and non-food needs.

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