At the head of the increases is the union of Luz y Fuerza, a union that signed its agreement in the order of 35% to be paid in two installments but annualized these increases reach 70%. In addition, a review clause was established for August, according to data from the consulting firm led by Lucas Romero.
The same happens with the metallurgical union. The UOM signed its new annual parity with 3 increases that make up 45%. The annual projection exceeds 65%. They set the review clause for November.
The work indicates that the inflationary acceleration registered in the first months of the year, outside the expected expectation, altered the beginning of the parity season. To the point that it is generating the signing of joint agreements for periods of less than a year. A change in joint negotiation is observed. Increases in quotas are no longer agreed, but instead “agreements began to be quoted (we agreed on something for now and later we agreed on the rest)”, says the work.
Thus, most of the agreements signed in 2022 have defined increases for short periods, leaving part of the annual agreement to be defined later when the rate of inflation is certain.
objectives
The objectives of these “short” agreements are not to put high numbers in the headlines that affect expectations and to set a shorter period
a year to complete the increase when there is a better perspective of the inflationary dynamics, so that the agreements are not left behind, according to Synopsis.
In order to consider what type of agreement is being signed, this consulting firm calculated the agreements signed by simulating a similar complementary increase for the remainder of the parity period. He clarified that the complementary increase (that completes the annual agreement) will not necessarily have the same magnitude as the initial one, but the projection is useful to be able to compare these agreements that begin to be registered at the beginning of the joint process with the increases that are They were registering last year.
It should be noted that at a rate higher than 60% per year, the updating of salaries, at least for these unions, would exceed the inflation projections of private consultants. For example, the latest measurement by Ecolatina forecasts that the Consumer Price Index prepared by INDEC will reach 56.5% in 2022.
Source: Ambito
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