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Expert proposes 8.4% minimum wage increase for 2027, warns over El Niño and inflation

FinanceColombiaEl TiempoAI summary
Image: El Tiempo

Days before the labor negotiation table begins, expected around November 18, an analysis from Universidad de La Sabana proposes an 8.4% increase in Colombia's 2027 minimum wage, the result of adding a 6.3% reference inflation rate and productivity of close to 2%. Its author, Wilson Rodríguez, calls for looking at structural inflation rather than temporary shocks such as El Niño. Business groups propose close to 9% and the CUT's claims add up to 32 percentage points.

In 40 seconds

  • Professor Wilson Rodríguez of Universidad de La Sabana proposes an 8.4% increase: 6.3% reference inflation plus close to 2% productivity.
  • Rodríguez warns the table should look at structural inflation, not climate anomalies such as El Niño, which push up energy and food prices.
  • Business groups propose an increase close to 9% and the claims attributed to the CUT add up to 32 percentage points.
Read the full story at El Tiempo

IASummary generated by artificial intelligence from a story by El Tiempo. It may contain errors: the original source prevails.

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