Wages begin to regain purchasing power after more than two years of price crisis

This fees start now after more than two years inflation began to climb and return to levels typical of the 80s of the last century to recover some of it. purchasing power loss. To position yourself when CPI falls below contractually agreed salaries Leo Messi he was still wearing the FC Barcelona jersey, Pablo Iglesias It had been two weeks since he had left the second vice presidency of the government, and he had 10 more months to leave. Vladimir Putin I will give the order to invade Ukraine.

HE Ministry of Labor updated stats this monday Collective agreements, shows that salaries in May increased by %. Given that the CPI for the same month was rated at 1.9% by the INE, this means that, on average, workers covered by collective bargaining are starting to regain some of their lost purchasing power. Which is not small. And the peak of the gap between both indicators was reached in July 2022, when prices were close to 10.8% and salaries close to 2.6%.

Workers see how moderation in prices, more than an unbridled and sudden rise in wages, has eased the pressure on their pockets. Filming for the families continues despite the key items for the end of the month. For example, the latest data on its price food They place the shopping cart 12% more expensive than a year ago. go eat restaurant it is 7.2% more expensive to buy. sofa or other furniture You have to pay 5.8% more. All these items continue to grow more than wages. While other key expenditures tend to decline, for example electricity bill (-26.7%), Transport (-16.1%) or articles technological (-4.4%).

This average 3.26% increase recorded in May is the sum of both previously signed and agreed-upon agreements as well as newly signed agreements. The ensuing record shows significantly higher increases than before, implying that the agreed salary statistics will increase in the coming months. New specifications are signed in increments of 4.2%, at the expense of inflation remaining low or skyrocketing.

Source: Informacion

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