Argentina’s minimum wage purchasing power plunges 40% under Milei
Argentina Latin America Argentina’s minimum wage purchasing power plunges 40% under Milei By Sofia Gabriela Martinez · July 24, 2026 · 5 min read Daily Brief The morning intel from across Latin America. Argentina · Labour & Prices Key Facts —Real decline. Argentina’s real minimum wage has fallen approximately 40% since Javier Milei took office in December 2023. —Historic low.
- ▪Argentina Latin America Argentina’s minimum wage purchasing power plunges 40% under Milei By Sofia Gabriela Martinez · July 24, 2026 · 5 min read Daily Brief The morning intel from across Latin America.
- ▪Argentina · Labour & Prices Key Facts —Real decline.
- ▪Argentina’s real minimum wage has fallen approximately 40% since Javier Milei took office in December 2023. —Historic low.
The Rio Times publishes from Brazil and files mainly under world. We currently carry 239 of its stories.
Opening excerpt (first ~120 words) tap to expand
Argentina Latin America Argentina’s minimum wage purchasing power plunges 40% under Milei By Sofia Gabriela Martinez · July 24, 2026 · 5 min read Daily Brief The morning intel from across Latin America. Free. Subscribe By subscribing you agree to our privacy policy. We never share your email. Argentina · Labour & Prices Key Facts —Real decline. Argentina’s real minimum wage has fallen approximately 40% since Javier Milei took office in December 2023. —Historic low. Current purchasing power is worse than during the 2001 crisis and 66.5% below its September 2011 peak. —Bread and beef. A kilo of bread now costs 2.5 hours of minimum-wage work, up from one hour in 2016; ground beef requires nearly six hours. —Nominal vs. real.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Rio Times.
Discussion
0 commentsMore from The Rio Times
