The purchasing power of salaried employees fell by 3 to 7 salaries in 3 years

The loss of purchasing power of salaries is not a novelty: an employee belonging to the informal sector, in the last three years, lost the equivalent of 7 wages, while if he/she belongs to the formal sector of the economy, he/she had to give up three salaries. Public employees lost 4.5 salaries. Devaluation in Argentina has an impact on prices, and this affects real wages.

Source: Ámbito