Private Salary in Santa Fe Accumulated a Loss of Between $1.8 Million and $6.7 Million Since November 2023, According to an ECA Report
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From the presidential inauguration of Javier Milei in November 2023 until June 2026, each registered private sector worker in the province of Santa Fe recorded a cumulative loss of purchasing power of between $1,846,544 and $6,684,726, expressed at June values of this year. This was determined by a survey prepared by the Argentine Center for Political Economy (CEPA), which analyzed the behavior of labor revenues against the evolution of prices. …
The purchasing power of the registered workers of Santa Fe still fails to recover and this loss is directly reflected in consumption. This is indicated by a report from the Argentine Center of Political Economy (CEPA), which analyzed the evolution of wages and sales in supermarkets in the province. According to the survey, between November 2023 and June 2026 the revenues remained 0.7% below that level if the official inflation index of the INDEC…
Sales in supermarkets fell 2.4% compared to 2023. With a more up-to-date inflation basket, private wages accumulate a 10.9% loss of purchasing power. “Deleted consumption is a consequence of wage failure,” said economist Lucila Rivolta.
Since Javier Milei came to the presidency, every registered worker in the private sector of Santa Fe lost between 1.8 and 6.7 million pesos of accumulated purchasing power. The estimate arises from a report by the Argentine Center for Political Economy (CEPA), which analyzed the evolution of wages between November 2023 and June [...] The news The purchasing power of private workers in Santa Fe continues below 2023 was first published in Sin Mord…
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