Formal income closed with a real rise of 9.5%, which is explained almost entirely due to the growth of private salary. However, economists warn that by 2025 a new recovery is not expected.
The registered salarieswhich include those of the public and private sectors, increased 2.4% In December, which placed them below the inflation of that month, which was minimally accelerated to 2.7%. In the year, however, they increased 137.7% in front of a price variation of 117.8%. Between both income, The private ones were the ones who explained almost all the improvement, while the audiences paid the index with a faint increase. Finally, In 2024 they recovered 9.15% of the purchasing power, although against November 2023 -Inicio of the Government of Javier Milei- lost 5.14% realaccording to the measurement of Scope.
These data arise from the last wage index of the National Institute of Statistics and Census (INDEC). In monthly terms, 2.4% were explained by a monthly rise in 2.8% in the private sector registered and a 1.7% in the public sector; While in interannual terms, the rise in registered wages was from 145.5%, as a consequence of the increase in 147.5% in it Registered private sector and the 119.3% in it Public Sector.
In the year, registered salaries They grew near 9% in real termsalthough disaggregating between private and publicthe former recovered 13.7%Although it should be noted that it is an average and not all agreements rose proportionally; while the beings of the employees State only increased a slight 0.7%.
However, since the arrival of the libertarian government, income did not run with the same fate, since the average of registered wages fell 5.14%which was explained by the loss of 15.3% of the purchasing power of public employees, while private just a 0.6% real.
Salaries for 2025: What is the perspective?
The Government seeks to step on the peers to remove weight from the inflation index. It is enough to see the latest homologations of salaries that reached 2.2% monthly in January (of truckers) and most are around 1%.
“December salary data account for that salary featuring that is probably consolidated in the coming months”said the CEPA economist, Hernán Letcher.
“In December 2023, with the 54% devaluationthe salary collapsed and with a ironed dollar was recovering, because inflation was slowing down – which has to do with a self -induced recession – and, once, that this effect ends there is no longer a place for the fact that there is that there is when having the credit continues to recover, “said the economist Pablo Ferrari.
In addition, he added that it is a “prescription of economic policy”, since “the government said that it was not going to validate increases above the CPI. Not only that, but is trying that the increases in pearly are significantly downward , as happened with the national state. “
For its part, the economist Juan Graña He said that “if the economy does not lift very strong, especially the most demanding sectors of labor force, such as industry or construction, it is very possible that these wage levels continue in the labor market for the coming months, near November 2023 “levels.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
