Economy The government claimed that wages are outpacing inflation: it's a joke?

[CecilM]

Sometimes I think they don’t see what’s really happening, and on top of that, they come out with these statements that we all know aren't true.

El Gobierno afirmó que los salarios le ganan a la inflación: qué dicen los datos

Desde la Oficina del Presidente se publicó un comunicado haciendo referencia a indicadores que no necesariamente reflejan la dinámica salarial

www.infobae.com

 

[GraceH]

Inflation is now about 6% a month so aren’t they just saying wages went up by more than that?

 

[Jeb Spencer]

I have a few friends in BA and almost all of them got raises last month I guess the question to ask is what the true rate of inflation is as that is debatable.

 

[GlasgowJohn]

Whenever a government -Argentina , UK or USA - says that salaries are beating inflation , I treat the comment with total contempt.

 

[ranchero]

Of course, we always speak generally, without fanaticism and trying to be objective. However, there are many here who are devoted to Milei and can't see that, beyond the necessary actions, there are people who are suffering. It's similar to the Kirchnerists when they try to defend the indefensible purely for ideological reasons. Extreme fanaticism is harmful, and opinions aren't objective.
Ask the healthcare workers (hospitals, medical centers) who have been fighting for a decent raise for months. I have friends in that field, and they get their raises paid in 3 to 6 months, meaning that raise will never outpace inflation. And this happens in many other sectors. You just have to listen to the people. Even those who voted for Milei say it painfully, mentioning they are making a sacrifice because they trust him and have faith that things will improve. But the government shouldn't make such statements when the public is so sensitive about this issue.
Sometimes, you need to step out of the bubble and be objective. I don't know how many here work as employees for Argentine employers. It's easy to see things from the outside and give vague opinions. This is a very sensitive issue.

 

[CecilM]

And you do?



We all know? Do we? Really? How?

Just by observing the current situation and the living conditions of the population, it's clear that the statement in question should not have been made. It's not about hating Milei; it's about recognizing that this is a very delicate and sensitive issue for Argentinians. Sometimes, we need to have a little empathy and set aside fanaticism. Fanaticism prevents us from being objective in our opinions.

 

[MikeYoung]

Whenever a government -Argentina , UK or USA - says that salaries are beating inflation , I treat the comment with total contempt.

Yes, they lie about the rate of inflation in the USA too. In fact, they strip out cost of food and fuel which are two of the most important things for consumers.

 

[Digital Nomad]

I'm not sure how accurate this is but I saw it online. It is the average salary in Argentina in USD over the years.

 

[GlasgowJohn]

I'm not sure how accurate this is but I saw it online. It is the average salary in Argentina in USD over the years.

View attachment 6432

Any source for this @Digital Nomad ?

 

[Digital Nomad]

Any source for this @Digital Nomad ?

It is from a user on X that has good charts. Here you can see he has one in pesos too. My girlfriend's mother who is a CPA told me the numbers are accurate. Do they look correct to you? She did caution that these were just official numbers and not all jobs.

https://twitter.com/x/status/1800334978347094369

 

[Digital Nomad]

Whenever a government -Argentina , UK or USA - says that salaries are beating inflation , I treat the comment with total contempt.

So true. I don't know anywhere where salaries are truly beating inflation. Governments always lie about inflation rates. Here in the US they strip out many various things like fuel costs, groceries, etc. which are two of the biggest costs people have!

 

[Bharat]

Just by observing the current situation and the living conditions of the population, it's clear that the statement in question should not have been made. It's not about hating Milei; it's about recognizing that this is a very delicate and sensitive issue for Argentinians. Sometimes, we need to have a little empathy and set aside fanaticism. Fanaticism prevents us from being objective in our opinions.

Well an easy way to figure this out is @CecilM do you work? What was your salary in January and what is it now? Have your gotten a raise in your salary? If so, what was it?

 

[Larry]

It is clear the cost of living keeps going up. No-one can argue with that. It is a struggle for the majority of people in Argentina. Are you denying that @Sunny? People are really struggling to get by.

El costo de vivir en Buenos Aires: Una familia tipo necesita más de $1.300.000 para no ser pobre - | La Urbe

Según un informe reciente de la Dirección de Estadística y Censos de la Ciudad de Buenos Aires (CABA), el costo de vida para una familia tipo, compuesta por

laurbedigital.com.ar

 

[CecilM]

Well an easy way to figure this out is @CecilM do you work? What was your salary in January and what is it now? Have your gotten a raise in your salary? If so, what was it?

Most people on this forum receive their salaries or pensions in dollars, which is incomparable to local residents working here for a monthly salary of 800,000 pesos, often working up to 9 hours a day. Salaries never keep up with inflation in this country, especially not now. You don't need to be an economics expert to see it. I know this because I interact with people who live here, stepping outside the bubble where many reside. However, this is just my opinion based on what I observe in my immediate surroundings, so I'm not judging anyone; everyone has their own reality.

 

[legend]

Most people on this forum receive their salaries or pensions in dollars, which is incomparable to local residents working here for a monthly salary of 800,000 pesos, often working up to 9 hours a day. Salaries never keep up with inflation in this country, especially not now. You don't need to be an economics expert to see it. I know this because I interact with people who live here, stepping outside the bubble where many reside. However, this is just my opinion based on what I observe in my immediate surroundings, so I'm not judging anyone; everyone has their own reality.

You're right in what you say. I support Milei, but I don't deny reality. I know everything is very difficult, and obviously more so for some than others. But I have faith that this great effort will be worth it.