Lo que nos costará el nuevo mínimo

TL;DR

The government's decree to increase the minimum wage is expected to cause accelerated consumer price inflation.
Approximately 1.3 million pensioners and 2.4 million minimum wage workers will benefit from the increase.
The majority of Colombians are expected to be worse off due to increased inflation, with potential losses of $750,000 per person in 2026.
Inflation expectations have risen significantly following the decree, impacting purchasing power.
Price indexation, where prices are tied to the minimum wage, contributes to the inflationary effect.
Mandatory social security contributions, especially for self-employed individuals, will increase.
Producers in less competitive sectors may raise prices to offset increased labor costs.
The negative impact of this decision disproportionately affects the poor, informal workers, youth, and women.

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