Colombia 2027 minimum wage hike projected between $150K-$670K COP

Colombian experts project the 2027 minimum wage increase will range between 150,000 and 670,000 pesos, pending productivity data and inflation figures. The decision must be made by December 30, 2026, and will be influenced by the government's rescue law. This is a routine annual negotiation, but the wide range reflects uncertainty over economic conditions.

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