The pandemic scenario and high inflation have had negative effects on wage negotiations. With an accumulated inflation of 9.3%, collective agreements below the Consumer Price Index (INPC) tripled. In contrast, the amount of negotiations that had real gain flattened in the last 15 months. This is shown in the “Boletim De Olho nas Negotiations” by the Inter-Union Department of Statistics and Socioeconomic Studies (Dieese).
According to the survey, about 25% of the readjustments of the base date of July were above the variation of inflation measured by the Consumer Price Index (INPC), of the Brazilian Institute of Geography and Statistics (INPC-IBGE). Readjustments in values equivalent to this index were observed in about 16% of cases; and below, by almost 59%.
In a considered worsening compared to the same period last year. In July 2020, 38.7% of the agreements had a real gain, 30.3% replaced the inflation for the period and 31% of the agreements had losses. If this year the INPC was 1.02%, last year it was 0.44%. At that time, the accumulated inflation was at 2.69%.
January 2021 was the month that recorded the most losses in collective bargaining. 60.6% of the readjustments were below the INPC and only 10.2% had any real gain. The inflation accumulated in the last 12 months for that month was 5.53%.
In the evaluation of Dieese, in the accumulated result for 2021, about half of the results analyzed were below the annual variation of inflation in the base dates. Readjustments equal to inflation total about a third of the analyzed panel; and corrections above the inflation rate represent about 18%.
“The worsening of the negotiations is mainly related to the increase in inflation, which will reach the lowest level now in August (above 10%), and the failure to resume economic growth as per the pandemic”, evaluates the economist at Dieese Paraná, Sandro Silva.
Trading by sector
Much in demand in the pandemic, the private health sector was the one that negotiated the worst with workers. Of the 271 agreements signed for July 2021, 78.2% did not even replace the inflation for the period. Rural (67%), Communication (58.9%), Extractive (57.4%), Chemicals and Pharmaceuticals (51.9%) and Town Planning (50%) register the worst negotiations with readjustments below the INPC, according to data from the Ministry of Economy.
“July inflation, according to INPC-IBGE, reached the mark of 0.96%, the highest for the month since 2002. The result maintained the upward trajectory of the necessary readjustment value in the base dates. According to the calculation, the negotiations with a base date in August need to define readjustments of 9.85% to be able to restore the purchasing power of wages”, the Dieese sets as a goal
Source: BoF Paraná
Edition: Pedro Carrano