The Salary Increase Is Reported in October but Keeps the Distance From the CPI
6 Articles
6 Articles
The wages agreed in agreement rose by an average of 3.06% in October, slightly above the increase of 3.05% in the previous month, but almost 1.9 points below the October CPI, whose annual rate was 4.9% in the absence of confirmation by the National Institute of Statistics (INE) next Friday of the definitive data.
Loss of purchasing power exceeds what was recovered between 2023 and 2025 so far this year
The wages agreed in the agreements that enter into force rose by 3.06% in October and represents the sixth consecutive month above 3%. However, salary increases are falling below inflation by almost two points, which means in practice a cut in capacity ... Continue reading "The wage increases by agreement rise by 3% and fall below the advance of inflation"
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