According to data from the National Institute of Statistics and Censuses (INDEC), the salary index rose by 2.5% in October 2025 compared to the previous month. This figure surpassed the cost of living growth, which was 2.3%.
The unregistered private sector—commonly known as the informal sector—was the only one of the three sectors tracked by INDEC to outpace inflation in October, with a growth of 4.2%. Meanwhile, the registered private sector saw a 2.1% increase, and the public sector rose by 1.9%.
Compared to October of the previous year, salaries increased by 43.1%, also higher than the inflation rate for that period (31.3%).
Expert Iván Cachanosky from the Libertad y Progreso Foundation commented on the situation:
"It should be noted that inflation in November was 2.5%, so it will be necessary to see if November's wages can advance at a speed that exceeds November's inflation. This is what has been seen in recent months: wages began to recover quickly but remained slightly below the last relative ceiling since the government took office."
Overall, while the October data is positive, the high inflation rate in recent months means the situation remains a draw.
