wages grew 7.4% in March and beat high inflation

wages grew 7.4% in March and beat high inflation

In the month of March, several increases corresponding to joint quotas were applied. The investments in the Gastronomic unions (16.2%), Transport (14.7%), Chemicals (13.5%), Food (12%), Commerce (10%), Security (9.2%), Construction (8, 2%), Textiles (7.4%), Health (6.7%), Wood (6%), Footwear (5.1%), Meat (5%), Metallurgists (5%) and Building Managers ( 2.3%).

By industry, the largest increase was that of the Public sector, which increased 12.1% monthly (vs. 2.4% in February), followed by the unregistered Private sector, which increased 5.6% monthly (vs. 2.2% in February). February) and then by Registered Private, which increased 5.4% monthly (vs. 3.9% in February).

On a year-on-year basis, the total salary index grew 55.8% (vs. 52.3% in February), also above the year-on-year inflation for the month (55.1%).

By sector, the salary of the registered Private sector grew 56.4% year-on-year, that of the Public sector 63.8% year-on-year and that of the unregistered Private sector 41.6% year-on-year.

Source: Ambito

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