Inflation (3.2%) outpaces average wage increase in agreements signed this year (3%)
The average wage increase agreed upon in collective bargaining agreements registered through May was 3%, according to data updated yesterday by the Ministry of Labor. This percentage was reached for the first time this year, having climbed slowly in recent months from the 2.87% recorded at the start of the fiscal year. Consequently, the average pay improvement has remained below the CPI (Consumer Price Index) for the third consecutive month….
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