The minimum wage will rise by 5.3% in 2027, to 1,286 euros per month
The final figure, already in public hearing and which will be approved shortly by the Council of Ministers, marks an increase of 65 euros, five more than the proposal of the experts
The Spanish Ministry of Labour has set a 5.3% increase in the minimum wage, to take effect in 2027. This will raise the monthly minimum wage to 1,286 euros in 14 payments, and 18,004 euros annually. The increase represents a monthly rise of 65 euros from the current 1,221 euros. This is higher than a proposed 4.9% increase and 60 euros monthly rise suggested by a commission of experts.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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