US Edition
Wages Beat Inflation in May, According to Indec
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.9 Articles
9 Articles
Although there was a slight recovery in purchasing power in May, the revenues still cannot be recomposed compared to November 2023. The fall was greater among workers in the public sector.
In the fifth month of the year, consumption stopped price increases and wages managed to beat inflation.
The National Institute of Statistics and Censuses (Indec) reported on Thursday that the Wage Index increased by 3 per cent in May, doubling inflation for the same month, which stood at 1.5 per cent. The rise was driven by a 5.6 per cent increase in the income of “unregistered” workers, of 3.3 per cent in the Public Sector and 2 per cent in the formal private sector. So far this year, the Wage Index rose by 17.2 per cent, above inflation by 13.3 …
The salary index reported by the National Institute of Statistics and Censuses (INDEC) showed a 3% monthly increase in May, and a 65.7% year-on-year increase. Compared to December 2024, it accumulated a 17.2% increase. The monthly growth was due to increases of 2% in the registered private sector, 3.3% in the public sector, and 5.6% in the unregistered private sector. The 3.3% average increase in the public sector was influenced by the 3.9% incr…
The monthly increase was explained by improvements in registered private sector income, in the public sector and in the unregistered private sector.
Wages grew 3% in May compared to April and were above the inflation recorded in the same month (1.5%), according to the last report published on Thursday by the National Institute of Statistics and Censuses (INDEC). According to the document, the increase was 65.7% in relation to May 2024, while in the cumulative of 2025 the figure reached 17.2%. The registered sector, including the public and the private sector, had improvements on average of 2…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
