In the agreement signed on the 14th of last month, the salary had to match inflation. The starting salary for December will be $1,604,606.48.
After knowing the inflation of 2.4% in Novemberthe Banking Association reported this Thursday that the parity for that month must be adjusted until that percentage is reached. That is to say, will be a total of 2.4% with respect to the month of October. In 2024 they have already accumulated an increase of 112%.
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This adjustment was agreed upon in the joint agreement signed with the business chambers on November 14. In the document, it was established that the increase must be equivalent to November inflation for all gross, normal, habitual and total monthly remunerations, remunerative and non-remunerative.
The increase will be paid in the December salary. In this way, the initial salary of bank workers remained at $1,528,656.05, plus what was charged for Profit Sharing (ROE), of $75,950.43. Therefore, the starting salary for December it will be $1,604,606.48.
La Bancaria – New salary agreement for June.jpeg
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From The Bankhosted by Sergio Palazzo, they celebrated the update and they assured that the union organization guarantees “the application of monthly inflation indices so that bank workers do not lose against inflation, safeguarding the purchasing power of our constituents.”
Inflation of 2.4% in November: the INDEC came out to explain why the CPI does not reflect the increases in personal consumption
Given the sharp slowdown in inflation, which leads many consumers to wonder why the Consumer Price Index (CPI) does not reflect the increases in personal consumption, the National Institute of Statistics and Censuses (INDEC) He explained, through a thread in X, the reasons why differences occur between official data and those perceived by the public. In addition, it made available a tool for each consumer to measure their own basket.
“‘Why doesn’t the consumer price index reflect the price increases of my consumption?’, we often hear”noted the Institute in a thread x (exTwitter) and explained that “the CPI is used as a synonym for what it costs to live, but family expenses can vary over time.”
In this sense, the organization requires that the cost of living contains “subjective elements” the adaptation of each consumer’s personal basket of expenses to “satisfy their needs and maintain a certain level of well-being.”
“The CPI measures price variations of a basket of goods and services that are not modified based on subjective decisions. And that considers the consumption expenditure of all households over the course of a year, as revealed through a special survey,” argued the INDEC.
Source: Ambito
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