Mexico’s Central Bank Warns Remittances Lost 20%
A Banxico board member warns that remittances lost more than 20% of their buying power in 18 months, as August...
October 9, 2026Topic
purchasing power
Nigeria’s US$376 Minimum Wage Ask Would Lift Inflation
Nigerian civil servants are striking for a US$376 monthly minimum wage, seven times today's floor. A leading economist says US$94...
October 4, 2026
Argentina Minimum Wage Hits Historic Low Under Milei
Argentina minimum wage tops ARS 340,000 a month in 2026 but has lost 40% of its purchasing power since 2023,...
July 24, 2026
Algeria’s Aïd Sheep Scandal Exposes the Cost of Food-Price Mismanagement
41 charged and 13 detained over Algeria's Aïd sheep scandal after 700,000 animals bypassed tender rules and 14,000+ died. Judicial...
July 23, 2026
Chileans’ real wages have been falling for 17 months
The real wages of Chileans, adjusted for the monthly variation of inflation, decreased last February by 0.7 percent year-on-year, accumulating...
April 6, 2023
Falling wages and loss of purchasing power limit economic growth in Brazil
Brazilians face an unfavorable scenario of high inflation and unemployment and a decline in workers' incomes.
April 11, 2022
To buy a notebook, one must work twice as many days in Argentina as in Uruguay or Chile
A study conducted by Focus Market that took into account labor hours showed that the average salary in Argentina is...
August 24, 2021