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The Purchasing Power of the Minimum Wage Fell Again in August and Reached Its Lowest Level Since 2001

Summary by Ámbito

The minimum wage lost again in the eighth month of the year and accumulated a real contraction of 32% since November 2023. Its current value is even lower than that recorded before the collapse of convertibility 24 years ago.

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lagaceta.com.ar

The Purchasing Power of the Minimum Wage Fell Again and Reached Its Lowest Level Since 2001

The Vital and Mobile Minimum Wage lost 0.5% in real terms in August and accumulated a contraction of 32% since November 2023. It is the lowest level since before the collapse of convertibility.

16 hours ago

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