In March this year, worker remunerations grew by 45.5% from December’s figures (50.5% in the registered private sector, 43.2% in the public sector, and 29.1% in the informal sector) while the Consumer Price Index (CPI) went up 51.6%.On the other hand, a recent Indec study showed that 95% of companies did not plan to hire new staff or increase the number of working hours.
May 11, 2024
SOURCE: MERCOPRESS
MORE COVERAGE:
https://en.mercopress.com/2024/05/11/wages-trail-inflation-in-argentina-under-milei