Argentina's Minimum Wage to Increase by 33% - December 29, 2016

Minimum Wage in Argentina has been increased by 33%. The new rate now stands at 8,060 pesos and will come into effect from January, 2017.

There has been gradual increase in the rates which was at 6,060 pesos in January 2016 to 6,810 pesos in June 2016 to 7,560 pesos in September 2016 and now pegged at 8,060 pesos from January, 2017.