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Fenalco says the 2027 minimum wage increase should not exceed 9%

FinanceColombiaEl País (Cali)35 s readAI summary
Image: El País (Cali)

Fenalco president Jaime Alberto Cabal said the minimum wage increase for 2027 should be around 9%, though he noted the figure will depend on inflation at the end of this year and on productivity. The percentage matches the one raised by Grupo Cibest executive president Juan Carlos Mora, who defended the mechanism of inflation plus productivity and some additional points. The CUT announced it will initially propose a 38.5% increase.

In 35 seconds

  • Cabal said the 2027 minimum wage increase should be around 9%, subject to inflation and productivity.
  • The percentage matches the 8.5% to 9% range proposed by Juan Carlos Mora of Grupo Cibest.
  • Mora defended the mechanism of inflation plus productivity and some additional points.
Read the full story at El País (Cali)

IASummary generated by artificial intelligence from a story by El País (Cali). It may contain errors: the original source prevails.

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