Formal salaries tied inflation in April

Formal salaries tied inflation in April

Taking into account that April inflation was 2.8%, The numbers denote practically a draw with remunerationthat in correlation, only one grew 0.1%. The indices are detached from the records of the Institute National Statistics and Census (INDEC) and of the Address National Social Security Policies (DNPSS).

While the products that suffered the most increases are linked to restaurants and hotels (4.1%), the Recreations and cultural spaces (4.0%), and clothing (3.8%), wages did not see significant modifications.

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Salaries grew 2.9% and inflation was 2.8% in April.

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How much salaries grew from the assumption of Javier Milei

According to human capital, Ripte indicators mark a Growth of 19.2% from December 2023 to April 2025. In addition, from February 2024, they increased a 27.4%, taking into account that this was the lowest month of the recession.

For the Ministry, the figures reflect a decision of many companies that granted increases in remuneration even above what was agreed in the collective agreements of each activity and winning the CPI. However, guilds such as domestic employees, truckers or construction employeesThey did not receive increases that exceed inflation.

The same happened with the unregistered workerswhich They do not have any type of agreement or peerTherefore, they do not exhibit a formal indication of their situation.

The ripte and economic activity

On the other hand, according to the report there is an economic reactivation that resulted in a salary growth, glimpasing a generality that resulted in all guilds and agreements without exception, and with a triumph over inflation in all cases. However, this year -on -year growth of 5.6% It is not the same in all cases, since the increase depends on the sector.

Not all sectors grew in the same way, including some fell, among other things, for the constant Fall of consumption. The latter only 0.1% dropped in Aprilbut drag a contraction for months.

In addition, a Improvement in some social indicatorssuch as poverty, since it is measured from inflation numbers from INDEC.

The full report of the Ministry of Human Capital

Human capital records a real growth of 19.2% in workers’ income since December 2023.pdf

Source: Ambito

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