He Average Salary Index (IMS) published monthly by INE reflected a recovery of real salary which reached 4.01% during 2023, with some sectors consolidating above others.
He IMS reflected an increase of 9.32% throughout last year, while the Average Nominal Wage Index (IMSN) closed with an increase of 8.68%, so that both indicators were above the inflation, which was 5.11%.
In that context, the public sector achieved a nominal improvement of 9.56% and improved its real salary by 4.23%, exceeding the variation of the private sphere, where nominal growth was 9.19% and real recovery was 3.88%.
What were the sectors with the greatest salary variation?
When investigating the different areas of the private sector, at a time when the wage bill is growing in the country, the INE revealed that the one that obtained the greatest salary variation was that of the Real estate activities, business and rental, with a nominal increase of 10.02% in 2023 and a real improvement of 4.7%.
Behind were the Construction, with a nominal increase of 9.98%; Teaching (9.86%); Transport, storage and communications (9.75%); Manufacturing industries (9.36%); social services and health (8.89%), Hotels and restaurants (8.86%); Trade (8.50%); and Financial intermediation (8.25%).
On the other hand, if the monthly increases are analyzed, Education was at the top, with 2.35% in December, followed by Transportation (1.49%) and Commerce (0.62%). Further behind were Real Estate Activities (0.42%), Financial Intermediation (0.22%), Hotels and restaurants (0.12%), Health and Industry (0.09% both) and Construction, which had no variation in December. .
Finally, in the public sphere the greatest salary variation took place, with an increase of 10.46% in the central government, followed by 9.52% in public companies and leaving the improvement of 6.47% in the public sector well behind. Departmental governments.
Source: Ambito
