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Peru announces first S/100 minimum wage hike tranche for October, second in 2027
La República (Peru)LO·PE · CU·1 day ago
Peru's largest labor confederation CGTP criticizes the government's plan to raise the minimum wage (RMV) to S/1,230 in two stages, arguing the increase is insufficient and that the two-stage approach was not previously agreed. The union demands a wage closer to S/1,700, citing inflation and the cost of the basic family basket. The dispute signals potential labor unrest and political friction over economic policy.