Argentina Wages In Manufacturing Index - Forecast

Wages In Manufacturing in Argentina is expected to be 3250.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages In Manufacturing in Argentina to stand at 4589.86 in 12 months time. In the long-term, the Argentina Wages In Manufacturing Index is projected to trend around 3600.00 Index Points in 2020, according to our econometric models.


Forecast Data Chart
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Argentina Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 9.6 9.8 9.9 9.8 9.8 9.7
Employed Persons 11642 12000 11634 11700 11720 12500
Unemployed Persons 1239 1300 1270 1280 1275 1300
Employment Rate 41.9 43.2 42.63 42.28 42.59 45
Labor Force Participation Rate 46.4 46.45 46.61 46.46 46.55 46.5
Wages 42398 40000 32000 36000 29600 45000
Wages In Manufacturing 2782 3300 3400 4590 4751 3600
Minimum Wages 10700 9500 10000 11755 12170 11000
Population 44.05 44.38 44.61 44.61 44.61 45.2
Wage Growth 2.37 1.73 1.78 1.84 1.88 1.91
Living Wage Family 11300 12600 13000 13000 13000 13400
Living Wage Individual 7620 7600 8000 8000 8000 8400
Wages Low Skilled 9910 10540 11700 11700 11700 12300
Wages High Skilled 20000 23000 25500 25500 25500 26700