Chile | Nominal wages increased by 0.2% MoM in June
Published on Thursday, August 6, 2015 | Updated on Sunday, July 15, 2018
Chile | Nominal wages increased by 0.2% MoM in June
Summary
Wages increased 0.2% in June (6.3% YoY) and was explained by commerce and real-state (both related to the variable component). In real terms, wages declined 0.3% MoM and consolidates a -0.4% YtD that will keep a sluggish expansion in wage-mass and private consumption. All in all, figures still supports our view of labor market slack.
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- Latin America
Topics
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- Macroeconomic Analysis
Authors
Jorge Selaive
Hermann Esteban González
Fernando Soto
Cristóbal Gamboni
Aníbal Antonio Alarcón