Argentina’s National Institute of Statistics and Census (Indec) Permanent Household Survey (EPH) released this week showed that the average income per worker in Argentina during the third quarter of 2024 amounted to AR$ 588,011 (nearly US$ 482 at Friday’s unofficial exchange rate, also referred to as “blue,” which is a euphemism for “black market”). The study also detected that despite Milei’s achievements in curbing inflation, poverty keeps deepening as the average per capita family income was AR$ 393,767 and the overall average income reached AR$ 619,602.
February 21, 2025
SOURCE: MERCOPRESS
An average Argentine worker earns US$ 482/month, Indec says