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The formal salary rose 8.1% and beat inflation in June, although it lost in the last 12 months

The formal salary rose 8.1% and beat inflation in June, although it lost in the last 12 months
A man chooses products in a supermarket in the City of Buenos Aires (Argentina), in a file photograph. EFE/Demian Alday Estevez
salary in recent years. (Source: LCG)

In year-on-year terms, this indicator lagged behind the price rhythm. Inflation accumulated 115.6% in the last twelve months while the remunerations of this segment of the labor market advanced nominally 114.1 percent.

Wages in the informal sector have been below inflation so far this year. REUTERS
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