Registered salaries came from registering two consecutive falls in March and April, where they had a 6.3% drop in purchasing power since November 2023. However, in May they scored a 2.4% rise compared to an inflation of 1.5%.
The registered salaries (between the public sector and the private sector) bounced slightly since The index that measures them rose in May 2.4% in front of one 1.5% inflationaccording to him National Institute of Statistics and Census (INDEC). In terms of purchasing power, assets are still 5.5% below November 2023.
When disaggregated, almost the total loss of purchasing power is explained by the decline of public wages from the assumption of Javier Milei to the Executivethat 14% fellaccording to the sociologist and director of productive planning of Found, Daniel Schteingard. Meanwhile, those of Private sector also write down a 0.7% real.
He Registered Salary Index It came to write down two consecutive falls in March and April, where a real loss of 6.3% of purchasing power has come to accumulate since November 2023.
“May data confirms the procyclical character effective salary (SIPA) and the importance of the hours worked”explained from the CP Consultant. The casualty in the hours, added to the salary brake, explains the historical fall of SIPA. Thus, the gap is reduced with other indicators and Collective agreements continue to mark the average private salary trend.
In May, The salary index increased (By incorporating into the informal sector) 3% monthly and 65.7% interannual. The indicator accumulates a rise from 17.2% compared to December 2024. Monthly growth is due to Avings of 2% In the sector private registered, 3.3% in it Public Sector and 5.6% in it private sector not registered.
Source: Ambito
