In August, the Wage Index increased 7.6% monthly and was below the CPI for that month, which rose 12.4%, due to the effects of the devaluation of the official dollar.
In August, The Wage Index increased 7.6% monthly and 121.8% year-on-year. Thus remained below the measurement of CPI that marked 12.4% in that same period.
The indicator accumulates an increase of 75.9% compared to the previous December. The monthly growth is due to increases of 8.3% in the registered private sector, 6% in the public sector and 8.5% in the unregistered private sector.
In year-on-year terms, the Wage Index showed an increase of 121.8%as a consequence of increases of 121.1% in the registered private sector, 137.7% in the public sector and 95.1% in the unregistered private sector.
In the annual accumulated, Salaries accumulate an increase of 75.9% compared to December of the previous yeardue to the advances of 76.8% in the registered private sector, 80.4% in the public sector and 63.8% in the unregistered private sector.
Source: Ambito
