He real salary accumulates an improvement of 3.65% in the last 12 months, according to the latest indicator of the INE, with some increases above the average in certain branches of the private sector and less dynamism in the public sphere.
This follows from the Average Salary Index (IMS) published monthly by INE, which represented an increase of 8.54% in the moving year ended February, once again being above the inflation.
When evaluating each branch of activity, the largest nominal increases occurred in the private sector, topping the table Transport, storage and communications, with an increase of 11.20% year-on-year.
Further behind they follow Real estate activities, business and rental (10.24%) and Financial Intermediation (10.23%), completing that second step Teaching (10.05%), where the largest monthly increase occurred, reaching 3.83%.
Below the two digits appear the Construction (9.97%), Manufacturing industries (9.65%), Trade (8.71%), Hotels and restaurants (8.53%) and Health (7.92%).
Finally, in the public sector, recoveries were smaller. The activity of Public enterprises obtained an update of 7.35%, while central government reached 7.13% and last was the branch Departmental governmentswith an increase of 5.98%.
Uruguay has the second best minimum wage in dollars in the region
This recovery of purchasing power finds its correlation in the latest study by the consulting firm Statista, which revealed that Uruguay is the second country of Latin America with a higher minimum wage in dollars.
In the country, the salary floor is 570 dollars a month, only below the level of Costa Rica, which tops the ranking with 687 dollars. The podium completes it Chili, with 521 dollars per month.
Among the minimum wages, they are followed by Ecuador ($460), Mexico (440), Guatemala (417), Paraguay (367), The Savior (365), Bolivia (342), Colombia (335), Honduras (329), Panama (326), Brazil (291), Peru (277), Dominican Republic (245), Argentina (152) and Venezuela (3.61)
Source: Ambito
