Argentina Wages Rose 1.86% in September From Month Ago

Following is a summary of the Sept. wage index from the Argentina National Statistics and Census Institute in Buenos Aires:

================================================================================
                           Sept.    Aug.    July    June     May   April   Sept.
                            2011    2011    2011    2011    2011    2011    2010
================================================================================
                           ----------------- Monthly % Change ------------------
Overall index              1.86%   2.10%   4.01%   3.73%   2.95%   1.83%   2.17%
  Private registered       2.79%   2.90%   4.84%   4.31%   4.04%   2.31%   2.20%
  Private unregistered     0.76%   1.00%   2.53%   4.14%   2.24%   2.31%   2.98%
  Public sector            0.05%   0.75%   3.04%   1.67%   0.55%   0.09%   1.41%
                          ------------------ Yearly % Change -------------------
Overall index             28.24%  28.64%  29.09%  27.68%  27.68%  26.49%     n/a
  Private registered      34.68%  33.89%  34.05%  32.94%  30.50%  28.15%     n/a
  Private unregistered    28.38%  31.20%  31.11%  30.83%  29.47%  29.41%     n/a
  Public sector           11.26%  12.78%  14.54%  11.85%  18.65%  19.56%     n/a

================================================================================
                           Sept.    Aug.    July    June     May   April   Sept.
                            2011    2011    2011    2011    2011    2011    2010
================================================================================
                          -------------------- Index Levels --------------------
Overall index             512.18  502.85  492.52  473.52  456.48  443.42  399.39
  Private registered      626.01  608.99  591.80  564.50  541.18  520.15  464.83
  Private unregistered    497.68  493.92  489.04  476.95  457.97  447.93  387.67
  Public sector           330.96  330.80  328.35  318.67  313.45  311.74  297.47
================================================================================

NOTE: 4th quarter 2001 = 100. Data is collected monthly by surveying private companies and a network of correspondants in the public sector; unregistered private sector wages are estimated. Weights for the overall index are private registered (50.2%), private unregistered (19.9%), and public sector (29.9%).

SOURCE: Instituto Nacional de Estadistica y Censos

To contact the reporter on this story: Fernando Simon in Sao Paulo at fsimon5@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net

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