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Brazil & Southern Cone - March 2014 (ISSN 1741-4431)

ARGENTINA: New inflation figures unlikely to ease teachers’ strike

It’s a wonderful time to be a lazy student in Argentina. In large parts of the country, such as the provinces of Buenos Aires and Chubut, classes have not resumed since the end of the summer holidays almost two weeks ago. In a further 13 other provinces, pupils have returned to school only to find their studies interrupted by 72-hour walkouts by teachers. Though salary demands vary, a 30% hike is the minimum demanded by teachers. In Buenos Aires, the teaching union has just rejected the offer of a 30.9% increase. With new inflation figures out this week showing inflation in February was 3.4%, prompting most forecasters to predict annual inflation of well over 30%, the government is bracing itself for a trying period of wage negotiations.

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