In February, the Wage Index increased 13.3% monthly and 200.4% year-on-year. The monthly growth is due to increases of 14.1% in the registered private sector, 15.1% in the public sector and 5.7% in the unregistered private sector.
In February, The wage index increased 13.3% monthly, in line with the CPI, which was 13.2%. However, the unregistered private sector received an insufficient increase of 5.7%in contrast to 14.1% in the registered private sector, and 15.1% in the public sector.
For February, Salaries accumulate an increase of 31.9% compared to December of the previous yeardue to advances of 36.9% in the registered private sector, 29.0% in the public sector and 17.6% in the unregistered private sector.
At the same time The total index represented an increase of 200.4% year-on-year, compared to the 276.2% variation in inflation in that same period.
Source: Ambito
