This Friday, Indec released its salary index. There he informed that income in the formal segment of the economy, income increased 1.9% in nominal terms, equivalent to a real fall of 0.3%.
Private sector workers had a slight real improvement of 0.1%identical to the one they had presented in December. In this way, their salaries were 0.7% above the level of November 2023, prior to the arrival of Javier Milei to Casa Rosada.
On the contrary, In the public sector the purchasing power showed a monthly drop of 1.3% In the first month of the year. Therefore, in the Milei era it already accumulated a collapse of 16.4%.
Together, and due to this blow suffered in the state, lThe registered salaries are 15.6% behind the level left by Sergio Massa’s managementalways depending on INDEC data.
For workers Informalthe Index of the Official Institute of Public Statistics has a lag of approximately five months. Taking this variable into account, the recently published data corresponded to August 2024 and showed a monthly growth of 4.2%, in real terms, although it was still 5.5% lower than the level of November 2023.
What do the other wage indicators show?
Recently, the Secretariat of Labor published new salary data for salaried employees registered in the private sector, which arise from the Argentine pension integrated system (Sipa). The numbers showed that In December last year there was an increase of 0.9% versus November. In this case, salaries account for a 3.8% increase with the current government.
In parallel, the data based on the average taxable remuneration of stable workers (Ripte) reached $ 1,234,658.40 in January, which implied a monthly growth of 0.4% and one decreases from 1.4% in relation to November 2023.
He Advanced Salary Indicator of the CP Consultantbased on collective bargaining of a set of representative unions, reflected a stagnation of real income in the private sector during the first 2025 bimester. The decreasing salary guidelines, promoted by the Ministry of Human Capital, and the brake that seems to be showing the inflationary deceleration, put in check to the recomposition of purchasing power and could lead to an overheating of the distributive bid.
Source: Ambito
