Unlike what happens with state salaries or informal workers, in private revenues were recovered quickly after the March 2024 floor.
Formal salaries of the private sector chained their ninth consecutive rise in December of 2024. In this way, They exceeded the level of November 2023 by 3.8%prior to the assumption of Javier Milei as president.
According to the official data of the Argentine pension integrated system (Sipa), The average remuneration in the last month of last year was $ 1,483,269, excluding seasonal factors such as the bonus. Regarding the previous month, the real improvement was 0.9%.
After sinking more than 10% in December 2023, after the devaluation, and touching an apartment in March, the salaries of workers with more rights and better stability of the Argentine economy began to show a fast recovery. It is worth noting that the same did not happen in the income of state and informal employees and that, in addition, employment did not accompany this trend.
INDEC salaries
The salary index of INDEC corresponding to last December showed that, since the arrival of the libertarian government the average of registered wages fell 5.1%, which was explained by the loss of 15.3% in the purchasing power of stategiven that In the private segment there was a faint rebound of 0.6%.
Regarding the informal workers The measurement is more difficult. If one takes into account that the official public statistics agency has approximately five months of lag, it can be observed that Between November 2023 and July 2024 there was a deterioration of 9.2% In these income.
Ripte wages
On the other hand, this week it was known that the data based on the average taxable remuneration of stable workers (Ripte) reached $ 1,234,658.40 in January, which implied a 0.4% growth December past, in real terms and a drop of 1.4% versus November 2023.
Nevertheless, This indicator is usually questioned by economists to evaluate salary dynamics since it moves according to the variations of the Topes for contributions and contributions to Social Security and excludes increasingly relevant components in a salary receipt such as non -remunerative payments.
Source: Ambito
