According to economic reports The Minimum Living and Mobile Wage (SMVM) lost purchasing power by nearly 36% in The last two years (2024-2025) In Argentina.
While its nominal value in November 2023 amounted to 146 thousand dollars, in November 2025 it reached 328,400 dollars, an increase of 124.9% Which was much less than cumulative inflation 250.7% In the same period. This loss is due Nominal increases in the minimum wage lagged behind inflation In the same period.
The loss of purchasing power for salaries is calculated by comparing the cumulative increase in the SMVM with the cumulative increase in the Consumer Price Index (CPI), which measures inflation.
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Although the exact numbers vary slightly depending on the final month (November vs. December, for example) and the source of the calculation (Cifra, Chequeado), the trend is overwhelming.
The year 2025 will end with losses estimated at 8.5% In the real sense. In December 2024, SMVM volume was $279,718 per month, and by December 2025, it is expected to reach $334,800, implying a nominal increase in 19.7% Against an annual inflation rate estimated at 30.8%.