As for currency payments, the independent entity said that the average monthly income in the first quarter was US $ 237.
The Venezuelan Observatory of Finance (OVF) reported that the remuneration in bolivars of workers in the private sector and services of the private sector registered a 1.4 % drop in the first quarter of 2025, compared to the same period of the year 2024.
In that sense, he stressed that this setback “marks a turning point” in the recovery trend that wages had shown for the past 3 years.
“Although the private sector has continued to grant nominal increases, these have been rapidly eroded by price increase, both in bolivars and dollars,” he added.
As for currency payments, the independent entity said that the average monthly income in the first quarter was US $ 237.
He also described the monthly remuneration according to the type of occupation: managers, US $ 531; Professionals and technicians, US $ 340 and workers and operators, US $ 217.
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