Demonstrators play drums outside the Ministry Labour building, during a protest in demand of an increase in the minimum wage, welfare plans and jobs, during the spread of the coronavirus disease (COVID-19), in Buenos Aires, Argentina October 14, 2020.
REUTERS/Agustin MarcarianBUENOS AIRES, Sept 21 (Reuters) - Argentina on Tuesday raised the country's minimum wage to 31,104 Argentine pesos ($316.51) a month starting in September, as persistent inflation eats away at purchasing power.
In October, the minimum monthly wage will rise to 31,938 Argentine pesos, and then to 32,616 Argentine pesos in February 2022, the government said.
Overall in 2021, the minimum wage will have risen 55.3%, Economy Minister Martin Guzman said on Twitter.
The increase in the minimum wage is in line with inflation.
Agustin Marcarian, Martin Guzman, Alberto Fernandez, Walter Bianchi, Leslie Adler
Ministry Labour, REUTERS, Twitter, Thomson
Buenos Aires, Argentina, Agustin Marcarian BUENOS AIRES