Formal wages lost against inflation at the beginning of 2025

The wages of the best-positioned workers in the labour market ceased to grow in real terms. Likewise, the incomes of the state and vulnerable sectors continued to fall.

The wages of registered workers suffered a new loss against inflation in January, with a real fall of 0.3%, according to the Indec Wages Index. The decline was explained mainly by the deterioration in public sector salaries, while in the private sphere there was a stagnation in the recovery of purchasing power. In nominal terms, the revenues of the formal sector rose by 1.9%, below the price rise of the month. Meanwhile, informal wages still do …

According to INDEC, registered wages rose by 1.9% in January, down from 2.2% of the Consumer Price Index (CPI). Informal wages climbed 8.6%. Why the public are the most affected. Read more

The Wage Index prepared by the National Institute of Statistics and Censuses (INDEC) showed an increase of 2.9 per cent in January 2025, exceeding the inflation rate for that month by 0.7 percentage points, which stood at 2.2 per cent. The increase in wages was mainly driven by the unregistered private sector, which experienced a rise of 8.6 per cent. Meanwhile, registered private sector wages grew 2.3 per cent, while public sector wages increas…

The average rate was higher than that month's inflation (2.2 per cent), but registered workers had an increase of 1.9 per cent, resulting in a fall of 0.3 per cent.

The wages of registered workers lost against inflation for the second consecutive month in January. Although this decline was explained by what happened with state salaries, in the private sector there is a virtual stagnation in the process of recovery of purchasing power. This Friday the INDEC announced its Salary Index. There it reported that income in the formal segment of the economy, income increased 1.9 per cent in nominal terms, equivalen…