Argentine metalworkers' union closes 2026 wage deal, sets minimum at $1.13M pesos

The Unión Obrera Metalúrgica and employer chambers finalized the CCT 260/75 collective bargaining agreement for September 2026, establishing a guaranteed minimum income of 1,131,201 Argentine pesos. This wage settlement signals ongoing high inflation dynamics in Argentina, as nominal wage floors continue to escalate. The deal's terms may influence broader labor cost expectations and inflation forecasts for the Argentine economy.