Argentina’s Inflation Battle, Salary Increases in Mexico

The administration of Javier Milei in Argentina aims to reduce inflation and align it with a monthly devaluation rate. Meanwhile, certain sectors in Mexico negotiate salary increases above the average inflation rate. Join Simply Economics as we delve into the challenges and potential outcomes of Argentina's ambitious plan and explore the state of wages in Mexico.

Sources:
https://www.infobae.com/economia/2024/08/10/cada-vez-mas-pesos-al-consumo-por-tercer-mes-la-circulacion-monetaria-crece-mas-que-la-inflacion/
https://elpais.com/economia/2024-08-09/comercio-finanzas-y-educacion-lideran-las-subidas-salariales-pactadas-en-los-convenios.html

Outline:
(00:00:00) Introduction
(00:00:40) More and more weights to consumption: for the third month monetary circulation grows more than inflation
(00:04:09) Commerce, Finance and Education lead the salary increases agreed in the agreements