This was announced by the National Institute of Statistics and Census (INDEC) on Wednesday afternoon. Consumer Price Index (CPI) for Octoberit was 2.3%. This means that inflation has accelerated significantly over the past two months. Many of the jointly agreed salaries were not commensurate with the increases.
The official inflation rate in October was 2.3% month-on-month (up 0.2% from September and 0.4% since August), which means the cumulative rate up to 2025 will be 24.8% and 31.3% since October last year.
“The year-to-year variation in national CPI is 31.3%; 18 consecutive months of slowdown Comparison with the same month last year. This annual fluctuation is the lowest since July 2018,” Economy Minister Luis Caputo praised in the X-Account. “The cumulative inflation rate for the first 10 months of this year was 24.8%; Lowest for this period since 2017. (19.4%),” he explained in context.
But the acceleration in recent months has not been good news for workers. joint agreement delayed versus price. While some unions are still awaiting year-end reviews, others were able to include increased or non-compensation sections in their latest agreements to protect purchasing power.
Analysis of the latest joint agreement reveals which sectors were able to “match” or “beat” the official inflation rate in October.
oiler
The Petroleum and Gin Federation (FTCIODyARA) and the Union of Petroleum Workers and Employers (SOEA) San Lorenzo are unions with historically strong trade unions. In their last review, signed on November 6th, they Recording settings Real wages will rise significantly in the coming months. This includes:
- payment of 400,000 pesos as reconstruction Payments are made in September, October and the first half of November.
- Base salary for November activities is $2,075,186.
- Base salary for December activities is $2.1 million.
- Base salary as of January 1, 2026 is $2,344,000.
- payment of Annual additional amount (Workers have been receiving it since 2010) $1,886,748.60. This amount is unpaid and will be paid between January and February next year.
In the case of this agreement between the union and the CIARA, CIAVEC and CARBIO chambers, only the planned basic salary increase will be in the range of 18% to 11% per month..
Research Institute (Health)
The Federation of Argentine Health Professional Associations (FATSA) New salary agreement of around 6% by year end For employees in medical and veterinary laboratories (collective collective bargaining agreement 42/89) Companies in this sector will absorb the salary increases already provided for future salary increases from the November salary. This also includes:
- vacation bonus 2025: $261,636.99
- Dining room meals: $11,599 per month without dining room service.
- maternity room: $367,232.82.
The agreements with the Chambers of Commerce and Industry of CILFA, CAEME, COOPERALA and CAPROVE are valid until March. The parties are scheduled to meet in January 2026 to consider base salaries and non-compensatory benefits.
plastic workers
The Union of Plastic Workers (UOYEP) has agreed to a new agreement. Salary increased by 13.25% For workers covered by collective labor agreement no. 797/22.
The basic salary increase will be applied in the following ways: Distributed between September and February 2026. In this scheme, the pending increases are:
- November: 1.1%
- december:4.1%
- January:1%
- February:3.9
These increases are cumulative, meaning they are based on the magnitude of the previous month. Although they are below the CPI and November’s salaries do not reach October’s INDEC figures, perhaps December’s planned amount represents their recomposition.
At the same time, plastic workers are also paid. Additional amount 60,000 pesos every month Including September and November And the 30,000 pesos from December to February 2026.
sports organizations
The Union of Sports and Civilian Organization Workers (UTEDYC) has concluded a new joint agreement for its main branches by the end of the year.
for him country club staff (CCT 805/23), increased by 9% based on October 2025:
- 3% in November
- 3% in December
- 3% in January 2026
for him Staff of clubs dependent on the Argentine Football Association (AFA) For collective agreements 553/09, 463/06 and 1070/09, the September increase totals 9% and is distributed as follows:
- 2.5% in October 2025
- 2.5% in November 2025
- 1% in December 2025
- 3% in January 2026
tv set
he Argentine Television, Audiovisual, Interactive and Data Services Association (SATSAID) and the business chambers ATA (Argentina Teleradio Difsolas Association) and CAPIT (Argentine Chamber of Independent Television Producers). Workers’ salaries increased by about 9.26% Divided into three sections:
- October: 3%
- November: 4%
- January: 2.26%
Trade union strategies to overcome inflation
Groups of truck drivers, commercial workers and others formed semi-annual joint ventures in exchange for pay increases of about 1% per month required by the central government to curb inflation. In addition, the labor union Unpaid premium system, This is to obtain approval for the joint venture and at the same time protect the purchasing power of the members.
Needless to say, some of these long-term trades ended when the CPI appeared to be slowing, breaking out in the last two months of official CPI data.
after that, Resuming negotiations through a similarly jointly agreed review clause will have to wait.. In this way, unionized workers could regain some of their lost purchasing power. of Review terms are usually agreed in November or December. These unions (such as UOM and UOCRA) may be waiting for October data to jump-start negotiations and close out the year.
The union’s focus will be on two fronts:
- Joint ventures we need to end this year: unions we need Define the last quarter.
- he Discussion over year-end bonuses This is already common in some of the country’s major unions. Trade union centers will start demanding special payments to compensate for the months in which wages actually fell relative to prices.
Unions plan to implement these and other strategies to achieve better pay for rising inflation in 2025.
About The Author
