economy
Impacto del salario mínimo: esto es lo que subiría el costo de vida en 2026 por cada 1% extra
Cada 1% extra del salario mínimo elevaría el costo de vida entre 0,20% y 0,26%. Foto: iStock
TL;DR
- High minimum wage increases could push inflation into double digits.
- Each 1% increase in the minimum wage above inflation and productivity could raise the cost of living by 0.20% to 0.26%.
- The minimum wage influences prices through costs, indexation, and expectations.
- Last year's 9.54% minimum wage hike, exceeding inflation and productivity by 2.52%, may have added 0.15 percentage points to inflation in 2025.
- An excessive increase could lead to a two-digit inflation scenario, especially with existing indexation mechanisms.
- Regional comparisons show that countries with minimum wage increases aligned with inflation and productivity experience faster disinflation.
- Increases above productivity can reduce incentives for formal employment and hinder labor market recovery.
- A significantly higher minimum wage than technically advised would force the Central Bank to maintain restrictive monetary policy, delaying interest rate cuts.