The salary increase of 70.1% of workers was below inflation rates – Economy

bone Wage Negotiations Made in October did not work positive. Salary scale data released this Thursday (25) by Fipe (Institute for Economic Research) shows that 70.1% of these negotiations were below inflation, i.e. with real loss.

The readjustment rate for professionals was 9% on average, which represents a 1.8 percentage point delay in relation to professionals. Accumulation of INPC (National Consumer Price Index) over the past 12 months, 10.80%.

NS INPC checks variation in average cost of living for families only With a monthly income of one to five minimum wages (from 1.1 thousand R$ to 5.5 thousand R$). These groups are more sensitive to price changes, as they tend to spend their entire income on basic items, such as food, medicine, transportation, etc.

Salarium scale also shows the percentage of modifications below, equal to or greater than INPC per month, year and in the last 12 months:

• Below INPC: 70.1% (month), 51.5% (year) and 47.8% (in the last 12 months);
• as INPC: 17.5% (month), 28.0% (year) and 30.5% (in the last 12 months); And
• Above INPC: 12.4% (month), 20.4% (year), and 21.6% (in the last 12 months).

In other words, in October, only 17.5% of wage negotiations ensured inflation substitution and 12.4% provided real gains to the worker (inflation substitution plus percentage increase).

In the comparison of sectors, only the civil construction, paper and cardboard, cellulose, packaging, textile, electricity and utilities sectors chose to maintain the purchasing power of their professionals, i.e. they gave the adjustment equivalent to inflation.

The oil extraction and refining (-8.8%) and advertising and advertising sectors (-8.4%) accounted for the biggest losses.

Losses in collective agreements were higher

When it came to collective agreements, the real loss was even greater. While the readjustment rate was 8% in October, INPC was 10.80%As mentioned above, a real loss of 2.8 percentage points.

With negotiations, the average minimum was R$ 1,478 (month), R$ 1,404 (year), and R$ 1,405 (accumulated in the last 12 months).

In all, the country recorded 193 collective negotiations in October. São Paulo led the agreements, with 72 negotiations, followed by Minas Gerais (49) and Santa Catarina (16).

Collective bargaining is monitored through agreements and conventions
On the mediator page of the Ministry of Labor and Employment (MTE).

Fipe collects, categorizes and organizes the data and information available on the medium
Observed values ​​for 40 collective bargaining outcomes, broken down into agreements and
agreements, as well as economic activity and economic sectors.

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