Overview
- The October 14 conciliation hearing closed without an agreement and the parties entered a recess until October 22.
- FTCIODyARA maintains its demand to set the Salario Mínimo Vital y Móvil at ARS 2,344,728, citing INDEC data and constitutional criteria.
- Employer groups CIARA and CARBIO push to keep wage updates tied to INDEC monthly inflation, emphasizing a predictable mechanism.
- The Labor Secretariat imposed a conciliación obligatoria on October 7 for 15 working days, and the union reiterates it will strike if no deal emerges before the window lapses.
- A stoppage could hit dollar inflows as Gran Rosario plants and ports handle over 70% of exports, with sector estimates pointing to roughly US$5 billion still to be liquidated and the union highlighting a reported US$1.54 billion windfall from suspended export taxes.