The Minister of Economy of the Nation, Sergio Massaencourages unions to make progress in salary agreements with an increase of 30% in the first half of 2023 with a review in June. The government’s objective is that parity payments do not skyrocket and follow the expected drop in inflation.
The head of the economic portfolio intends to anchor the increases expected by the unions and that these may be aligned with projected inflation. Meanwhile, different groups plan to negotiate another 30% increase for the second part of the year.
This way, Massa it would achieve that the expectations of union members be around 60% per year, which would allow us to anticipate that there will not be 100% increases as it did in 2022.
The strategy proposed by the Minister it is to ensure that wages beat inflation and also that there is a recovery in real terms. The officials around Massa in the ministry they were optimistic.
As detailed, The management of the Tigrense began with an inflation of 7.5%, then there were two months in which figures of 6.2% were registered and 6.3% in November was reduced to 4.9% and that of December, which will be known this week, they hope that it will be similar to that of the last month of 2022.
Thus, the head of the Palacio de Hacienda will be able to show the unions that he maintains his projection of lowering one point of increase every 75 days and that in January, February and March the percentage is around 4% to finally drop to 3% in April.
Conversations with some unions have already begun to reach agreements for 30% At the moment that the first increases for that figure are closed and if the inflationary situation is as expected by Massa, the negotiations for the March parities may maintain the same format.
As indicated, it is expected to close a salary agreement, the next few days for January, February and March. In this way, the negotiation of this year’s parity would be extended to March or April pending the inflation update.
