The latest wage report from Argentine INDEC confirmed that nominal wages for the average worker increased by 5.1% in October. Revenues lost again against inflation, since the CPI registered a jump of 6.3% in the same period. Wages go up the ladder and prices up the elevator.
Nominal wages had an 80.7% increase compared to October 2021, but prices increased 88%. The cumulative salary increase between January . . .
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