Salaries hit harder than official data reveals

Reported wages in both the public and private sectors represent some of the most adversely affected indicators since the inauguration of President Javier Milei. Official figures indicate that wages have decreased by 8.2% since November 2023, although there has been a 1.1% recovery over the past three months. This gap is even wider when employing … Read more

Argentina Peso

Milei has cut private sector wages by roughly 4%

One of the pillars of Argentina’s economy, consumer spending, has continued to stagnate, which can be explained by the fact that the majority of incomes in the country’s formal economy have not yet returned to their pre-President Javier Milei levels. In its most recent report, Nadín Argañaraz examined the six primary sources of income within … Read more

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