According to the INDEC salary index, private salaries increased 165.8% and public salaries 148.6% compared to an annualized inflation of 211.4%.
He wage index that performs the National Institute of Statistics and Censuses (INDEC) He reported that Salaries rose on average 152.7%among private, public and unregistered, throughout 2023 while the Annualized inflation stood at 211.4%.
The public salaries rose 148.6% while private They advanced 165.8%, this gives a real fall in salary of 20.2% and 14.7%, respectively, as reported Luis Camposcoordinator of the Social Law Observatory at the Institute of Studies and Training of the Autonomous CTA.
Meanwhile, the unregistered employees had increases of 115.3% last year and fell sharply behind the inflation.
Salaries rose their biggest monthly drop, higher than that of the convertibility crisis
In December, the wage index showed an advance of 11% in the private sector and 5.5% in the public sector. In this way, as estimated Fields, salaries fell 11.5% for private employees and 15.9% for public employees. In that sense, the coordinator of the Social Law Observatory classified it as a “massacre” to the workers’ pockets.
Furthermore, the unregistered employees They had a salary increase of 7.6% in the last month of 2023, remaining well below inflation of 25.5%, which accelerated as a result of the devaluation of 54% of the peso.
Source: Ambito
