Salaries continue their upward trend.
Salaries increased by 4.6% in October 2024 and again outperformed inflation (2.7 %) for the 7th consecutive month, according to INDEC.
In the first 10 months of the year, salaries rose 129.2% against inflation of 107%
Just deplorable that so many are earning so little. 70% earning less than 550,000 pesos per month. Less than $500 dollars a month.
https://www.batimes.com.ar/news/economy/70-of-workers-in-argentina-were-earning-under-550000-pesos-a-month-in-june.phtml
According to Indec, in July wages were 3.5 points higher than inflation - Infobae
Source:
https://www.infobae.com/economia/2024/09/27/segun-el-indec-en-julio-los-salarios-le-ganaron-por-35-puntos-a-la-inflacion/
September 26, 2024
Both formal private sector workers, state workers and...
Things not working out as planned for Milei. And some are like firing 525,000 employees in the first 3 months of his Presidency.
https://finance.yahoo.com/news/milei-austerity-plan-pushes-argentina-191325209.html?_fsig=QFIvvoyFKUlHtNw3un3MbQ--%7EA...
In April, inflation ended in single digits for the first time in 5 months, according to private consulting firms - Infobae
Source:
https://www.infobae.com/economia/2024/04/30/en-abril-la-inflacion-finalizo-en-un-digito-por-primera-vez-en-5-meses-segun-las-consultoras-privadas/
April 30...
Surprising data emerge on the evolution of core inflation in April and there are already sectors with deflation - Infobae
Source:
https://www.infobae.com/economia/2024/04/25/surgen-datos-sorprendentes-sobre-la-evolucion-de-la-inflacion-nucleo-en-abril-y-ya-hay-sectores-con-deflacion/
April...
Indec publishes February inflation today: analysts predicted 15% but the Government expects lower data - Infobae
Source:
https://www.infobae.com/economia/2024/03/12/el-indec-publica-hoy-la-inflacion-de-febrero-los-analistas-pronosticaron-un-15-pero-el-gobierno-espera-un-dato-menor/
March...
January inflation continues to show signs of deceleration, especially in food - Infobae
Source:
https://www.infobae.com/economia/2024/01/23/la-inflacion-de-enero-continua-dando-senales-de-desaceleracion-en-especial-en-los-alimentos/
January 23, 2024
FILE PHOTO: A woman shops in a...
A family needed $495,798 to not be poor in December: what was the increase in the basic basket in 2023 - Infobae
Source:
https://www.infobae.com/economia/2024/01/15/una-familia-necesito-495798-para-no-ser-pobre-en-diciembre-cual-fue-el-aumento-de-la-canasta-basica-en-2023/
The increase was...
The ridiculous Economy Minister Amado Boudou says "inflation only affects the mid and upper class".
Trade Secretary Moreno says 2010 will experience only a 10/11% increase and that the Government economic mouthpiece Indec has the "The one" real way of measuring inflation (not the World wide...