Formal Wages Beat Inflation in August, but Accumulate a Real Fall of 2.3% in the Last Year
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The INDEC Wage Index re-marked that wages earned inflation. The figures, controversial, are drawn by the curiously strong rise in the income of unregistered workers. The government’s wage index recorded an increase of 2.7% in August and maintained a trend of nominal deceleration in [...]
Last August, the wages of registered workers again beat inflation , but the improvement is still not enough to recover lost purchasing power. In the last twelve months, revenues from the formal sector accumulated a real fall of 2.3%.
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chacodiapordia.comIncome increased by 2.7% per month and exceeded inflation by 1.7%, according to INDEC. However, registered and public private wages are still falling back in real terms compared to a year ago, in a labour market marked by the fall in formal employment.
Salaries rose 2.7% in August 2026 and exceeded the inflation of the month, which was 1.7 percent, according to the INDEC wage index released on Wednesday. In twelve months, the increase was 35.6% and in the year it accumulates 25.1%. However, the wages recorded remain below the prices in the year-on-year comparison. The monthly increase was explained by increases of 2.8% in the registered private sector, 2.3% in the public sector and 3.0% in the…
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