Real salary decreases by 6.9% in a year

In the last 12 months, real wage decline is 6.9%. In that period, the total wage index showed a growth of 32.6% while prices rose 42.4%. INDEC released the data for July, which concerning the same month in 2017, real wages accumulated a drop of 20.3%. Unemployment was 7.2% in 2017, at the beginning of 2020 rose to 10.4%, and in the second quarter, it rose to 13.1%.

Source: Clarín