The minimum wage lost 30% of its value in three months and is now worth less than it was in 2001. - La Voz del Chaco Newspaper

A recent report by the Interdisciplinary Institute of Political Economy (IIEP) at the University of Buenos Aires raised alarm bells by revealing that the purchasing power of the Minimum Living Wage (SMVM) fell by 30% between December 2023 and February 2025. This loss places it below the levels recorded in 2001, one of the most critical periods in Argentine economic history. In December 2023, the SMVM was $156,000, which represented approximately…