US EditionWages Grew 2.5% in January, According to Indec
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The index of wages produced by the INDEC showed an increase of 2.5 per cent during January in the average wages of formal and informal workers. This figure was 0.4 percentage points below the inflation level of that month, which was 2.9 per cent. The salary growth during January was explained by increases of 2.1 per cent in the registered private sector, 1.8 per cent in the public sector and 4 per cent in the unregistered private sector. In year…
The Wage Index increased by 2.5 per cent during January and for the third consecutive month was below the consumer price variation of 2.9 per cent in the first month of the year, reported the National Institute of Statistics and Censuses (Indec). The wages of registered private workers increased by 2.1 per cent and that of public employees by 1.8 per cent, which averaged an increase of only 2 per cent. If the difference was not greater, it was d…
The wages, with striking numbers, are still below the CPI of the same month. As a striking fact, for the INDEC informal workers had wages that the last year more than doubled inflation. The wage index grew strikingly 2.5% in January, although it remained below the Consumer Price Index (CPI) of the same period, which was 2.9%. This rise was due to increases of 2.1% in the registered private sector, 1.8% in the public sector and a more than curiou…
Salaries in general grew by 2.5% in the month of January, but this is not an encouraging fact, but quite the contrary, given that the index in question remained below the Consumer Price Index (CPI) of the same period, which was 2.9%. The rise responds to the 2.1% increases in the registered private sector, ...
In January, wages rose 2.5%, below the 2.9% that marked the Consumer Price Index (CPI) in the same period. The wage increase was driven by uneven increases according to the type of employment: the registered private sector advanced 2.1%, the public sector 1.8% and the unregistered private sector showed a more significant jump of 4.4%. The latter segment was the only one that managed to overcome monthly inflation, in a context where formal revenu…
According to Indec, the wage index advanced 2.5 per cent in January, below 2.9 per cent of inflation, and accumulated five consecutive months without being able to earn the cost of living in the registered segment. In January, the wage index recorded an increase of 2.5 per cent, although it was again below the Consumer Price Index (CPI), which in the same period reached 2.9 per cent. Thus, workers' incomes failed to accompany the rate of inflati…
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