For 6 Out of 10 Argentines the Salary Is Exhausted Before the 20th Day
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According to a survey by consultant Zentrix, 61% of respondents say that their income reaches the maximum until the 20th of the month, while another 24.3% arrives at the end of the month without saving capacity. Only 13% say that they can cover their expenses and reserve part of their income. The perception about the deterioration of purchasing power is also majority: 86.1% consider that their salary does not earn from inflation. Although income…
The deterioration of real income is at the heart of the economic concerns of households in Argentina. The lack of financial margin to face essential expenses before the end of each month affects the majority of the population, in a context where nominal salary increases fail to compensate the accumulated loss against inflation. A survey prepared by Zentrix consultant explained that 61 per cent of respondents settle their disposable income for cu…
A private study reveals that the available money runs out before the 20th for the loss of purchasing power.
Salaries improve in nominal terms, but it does not accompany purchasing power. Almost half of workers are looking for other jobs to increase their income.
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