Private sector wages have fallen nearly 4% since Milei took office
- Most incomes in Argentina’s formal economy have yet to recover to the levels seen before President Javier Milei took office, helping explain the continued stagnation in consumer spending, one of the pillars of the country’s economy.
- In its latest report, Nadín Argañaraz, director of the Argentine Institute for Fiscal Analysis (in Spanish, IARAF), tracked the six main sources of income in the formal economy.
- These include private-sector employees, national public sector employees, provincial public sector employees, beneficiaries of the AUH social welfare program (universal child allowance), mi
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- Most incomes in Argentina’s formal economy have yet to recover to the levels seen before President Javier Milei took office, helping explain the continued stagnation in consumer spending, one of the pillars of the country’s economy.
- In its latest report, Nadín Argañaraz, director of the Argentine Institute for Fiscal Analysis (in Spanish, IARAF), tracked the six main sources of income in the formal economy.
- These include private-sector employees, national public sector employees, provincial public sector employees, beneficiaries of the AUH social welfare program (universal child allowance), mi
Sources: Buenosairesherald