The index measured by the INE showed an average increase of 8% annually, against an inflation of 3.8% in the same period.
He Statistics National Institute (INE) announced today the Average Salary Index (IMS) corresponding to the month of April, which advanced half a percentage point compared to the previous month, but, given that salary adjustments are -mostly- annual in the Uruguayan economy, It is important to observe the annual variation, in which case the increase compared to April of last year is 8.04%.
Since the level of inflation in that same period was 3.8%, resulting in a real increase in average salary of 4.2%, marking a new high in several decades. The real salary is thus 2.4% above the level prior to the pandemic, when comparing with data from April 2019.
In the last year, the increase in income was greater in the private sector, with an average real increase of 5%, while in the sector state The real increase was much lower, just 2.8%.
Inesector.jpg
How have the salaries of the different areas advanced?
According to the INE report, in the private sector the strong nominal increase that has been registered in the construction, with an advance of 12.2%, which – discounting the inflation figure – translates into a real increase of more than 8%. At the same time, sectors such as teaching and the industry They had real increases of more than 5% in the moving year to April.
All sectors registered by the INE had real increases. Those who made minor progress were the aforementioned workers state, which in any case come with a strong salary recovery, and workers in the construction sector health, which also had a very significant increase in previous years, and now continues to advance in real terms by 3.2% annually.
Source: Ambito
