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Argentina: Monthly Minimum Wage Forecast

23rd October 2018
At the start of 2018, Argentina’s monthly minimum wage stood at 9,500 ARS (01/2018). The monthly wage rate stood at 9,500 ARS up until June 2018. By December 2018, this figure is projected to go up to 11,300 ARS per month, where it will stabilize until February of 2019, reach 12,500 by the end of June 2019. This is major growth in comparison to where these figures stood just five years ago at 3.300 ARS per month at the end of 2013.