Argentina: minimum wage increased again amid rampant inflation

An article by Flora Genoux

Publication

24 March 2023 à 09h23

Reading time

2 minutes

Publication: 24 March 2023 à 09h23

Reading time: 2 minutes

An article by Flora Genoux

Publication

24 March 2023 à 09h23

Reading time

2 minutes

Publication: 24 March 2023 à 09h23

Reading time: 2 minutes

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Argentina’s minimum wage council, a body featuring social partners and state representatives, agreed on a further increase to the minimum wage on Tuesday 21 March, the country’s labour ministry has announced. The pay rise will take effect in three stages. From April, the minimum wage will be 80,342 pesos (€362 at the official rate, €192 at the parallel rate). Given that the value of the Argentine peso is controlled by the state, the parallel exchange rate is the indicator used by economic actor

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Flora Genoux Freelance

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