The salary growth of April is due to the rises of 2.5% in it registered private sector, While the public climbed 23%both below the Consumer Price Index (CPI) of that month.
In April 2025, the Registered Salary Index accumulated a rise of 10.2% Regarding December last year. In this way, so far this year accumulates a fall in 1.26%.
Registered Salaries: Public sank more than 15% in the Milei government
Among the most affected workers during the government of Javier Milei The fall of the real salary of public employees was highlighted, which sank 15.5%, according to the economist Pablo Ferrari. Meanwhile, the private They fell to a lesser extent, just a 1.8%.
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“The real salary drop Perspective is much more important. Against the end of 2016 the registered private sector lost a 18.6% and the public sector a 34%“He emphasized Luis CamposResearcher at the Institute of Studies and Training of the CTA – Autonomous.
For May, Pablo Ferrari expects the salary index to fall again. The argument was that “the government defined that the peers are below inflation and if it does not homologate them, it does not generate real growth to the salary.”
“Not only does the salary lower allowing prices to increase above, but the government does not homologate peers that approach or overcome inflation,” he said.
For its part, Nadin Argañaraz, of Iaraf, He emphasized the decline in the inflation rate, which could result in salary growth. “The decline in the inflation rate is a necessary condition for real wages to start a real growth path. Of staying during the rest of the year, the real values of April, the formal private salary of the year can end 5% above 2024 and the public 3.5%,” said the specialist, although so and all public would continue below November 2023. Therefore, he adds that “the greatest challenge passes for the year 2026.”
Source: Ambito