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Wages Plummet as Inflation Measures Shift | Argentina News
Wages across Argentina have plummeted since President Milei took office, with official data showing an 8.2% drop—though a more accurate inflation measure reveals a staggering 13% real loss. The outdated inflation calculation method, based on 2004 spending habits, masks the true erosion of purchasing power, especially for public sector workers whose salaries have lost over 40% of value. Even the minimum wage, which has fallen nearly 41%, now buys less than it did in 2015—and even less than in the 90s. With budget cuts tightening and wage hikes tied to business proposals, everyday Argentinians…
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