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The Ministry of Labour Begins Negotiations to Raise the Minimum Wage in 2027

The Ministry of Labour starts negotiations for the 2027 minimum wage amid 4.3% inflation, aiming to reflect the rising cost of living.

Álvaro Sáez Ferrer
Álvaro Sáez Ferrer
· 1 min read
AIIllustrative image: meeting in a generic office setting at sunset, symbolising negotiations on the minimum interprofessional wage in Spain.
Illustrative image: meeting in a generic office setting at sunset, symbolising negotiations on the minimum interprofessional wage in Spain.

The rise in inflation, which reaches 4.3%, sets the context for the negotiations regarding the minimum interprofessional wage for 2027. The Ministry of Labour aims to address this increase after having ruled out a rise this year.

Negotiations for the new increase in the minimum interprofessional wage (SMI) in 2027 have begun in a context of rising inflation, which has reached 4.3%, according to information published by expansion.com. The Ministry of Labour has expressed its intention for this increase to reflect the rising cost of living.

Joaquín Pérez Rey, Secretary of State for Labour, has noted that they view the loss of purchasing power of workers due to inflation

Álvaro Sáez Ferrer

Written by

Álvaro Sáez Ferrer

Redactor

Economista por ICADE y una de las pocas personas que disfruta leyendo la ley de presupuestos. Cafetero, padre a tiempo completo y azote de la letra pequeña; en Iber Empresa escribe de economía y fiscalidad.

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