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

Utility price hikes are strangling Argentina’s poor and impeding recovery

The utility-rate adjustment implemented by Javier Milei’s government has significantly diminished the purchasing power of lower-income households, thereby hindering the recovery in domestic consumption — and consequently, in economic activity. Utilities have experienced a significant increase, surpassing the average inflation rate since Milei assumed office. The Interdisciplinary Institute of Political Economy has projected that from … Read more

Javier Milei and Manuel Adorni

Argentina Cabinet Pay Jumps as Inflation Soars and Wages Fall

Cabinet Chief Manuel Adorni and his fellow Cabinet ministers are currently receiving a gross monthly salary of 7,272,091 pesos, approximately US$5,210, as a result of a decree enacted by President Javier Milei. The data originates from a government report, which Perfil obtained through a request submitted under Law 27,275 (Access to Public Information). This report … Read more

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