Salaries grew by 2.9% in June and outpaced inflation for the third consecutive month

The accumulated evolution also showed differences among the various sectors. Wages in the registered private sector increased by 14.5% since December, while those in the public sector advanced by 17.6%. In the case of workers in the unregistered private sector, the accumulated increase reached 29.4%.

The June data also reflects a particularly marked improvement in the unregistered private sector, whose wages increased by 4.4% during the month. In the year-on-year comparison, this segment recorded an increase of 59.5%.

Wages have once again increased above inflation in June and continue to show a positive trend in a context of strong decline in inflation thanks to the reforms of the Government of Javier Milei

According to the INDEC wage index, remuneration increased by 2.9% during the sixth month of the year, while inflation was 1.9%.

Thus, wages recorded a real improvement of 1 percentage point in June and reached the third consecutive month in which the general wage index exceeds monthly inflation.

The evolution marks a continuity with previous months. In April, wages had increased by 3.7%, compared to an inflation rate of 2.8%. In May, the increase in remuneration was 2.2%, while prices rose by 2.1%. Finally, in June, wages advanced by 2.9% against an inflation rate of 1.9%.

The June result was driven by increases in the various segments surveyed by the statistical agency. The registered private sector had a monthly increase of 1.9%, the public sector increased by 3.4%, and the unregistered private sector recorded the largest increase, with a 4.4% improvement.

Wages accumulate an increase of 18.5% in the first half

The general wage index accumulated an increase of 18.5% during the first half of 2026 compared to December 2025. In year-on-year terms, the increase reached 35.7%. In both cases, the growth exceeds inflation by several points in the same period.