Overview

• Average pay increased 2.5% in July versus a 1.9% CPI rise, with registered wages up 2.2% overall, including 2.2% in the private sector and 2.3% in the public sector.
• Salaries advanced 23.7% in the first seven months of 2025 compared with a 17.3% increase in prices, and were up 53.2% year over year versus 36.6% inflation.
• Registered wages rose 17.1% year to date, slightly below inflation, and 40.3% year over year (public 41.3%, private 39.8%), signaling a recovery in purchasing power.
• Within the public sector, July pay rose 0.6% at the national level and 2.6% in provincial governments, underscoring uneven adjustments across jurisdictions.
• For unregistered workers, the reported 3.6% monthly and 139.7% annual gains labeled as July correspond to February due to a five‑month lag, with year‑to‑date growth at 57.9%.