Nearly half of wage readjustments in July didn’t get better inflation, factors out Dieese
Despite this, 33% were above the INPC – almost double the proportion registered in the last 12 months.
Five out of ten (48.1%) salary adjustments negotiated in July did not recover the losses caused by inflation in the previous 12 months, according to a survey released by the Inter-Union Department of Statistics and Socioeconomic Studies (Dieese).
The proportion of readjustments that were above the inflation calculated by the National Consumer Price Index (INPC), however, was 33.2% – almost double the proportion registered in the last 12 months, of 17%.
The results that were above the inflation rate are equivalent to 18.7% of the total.
The August preview indicates that these numbers may worsen: the Fipe bulletin, which shows only 60 tabulated negotiations, shows that 78.3% were below inflation.
in 12 months
In the last 12 months, about 55% of the trades made up for or surpassed the losses from inflation. Another 44.6% were below, reducing the purchasing power of the worker.