Despite the June Upturn, Registered Wages Could Not Beat Inflation in the First Semester
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The wages of registered workers again showed signs of deterioration against inflation. In June, registered private sector wages increased 1.9%, in line with the Consumer Price Index, and for the second consecutive month they failed to recover purchasing power. The result deepened the accumulated loss since the change of government. In real terms, registered private wages remained 3.6% below the level they had in November 2023. The situation is e…
The most recent figures from Indec indicate that in the first half of the year soils fell below the price rise.
The latest Indec wage report shows how the fall in workers’ incomes is deepening. In the registered private sector, they accumulate a real fall of 3.6 per cent since November 2023, while the state lost 16.5 per cent. The Government continues to adjust to public employees and with the complicity of the union centers keeps the parity of those who work in companies frozen. The wages of registered workers continue to lose purchasing power thanks to …
Monthly growth is due to 1.9 per cent growth in the registered private sector, 3.4 per cent in the public sector and 4.4 per cent in the unregistered private sector.
The INDEC report confirmed a six-monthly increase of 18.5% and an annual variation of 35.7%. The unregistered private sector led the month with a rise of 4.4%, escorted by public employees with 3.4% and the private sector with a blank 1.9%.
The index of wages advanced above the CPI, although the improvement was not homogeneous.The evolution of the indicator, sector by sector.
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