Uruguay to Raise National Minimum Wage by 5.5% as of Jan. 1

Uruguay’s government will raise the national minimum wage by 5.5% as of Jan. 1, the presidency said in a statement citing Labor and Social Security Minister Pablo Mieres.

• Minimum wage to rise to 22,628 pesos
• Mieres said the wage increase should be above the inflation rate for 2023
• In Feb., a group of workers and business leaders will meet to discuss improvements to productivity

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Jose Orozco in Mexico City at jorozco8@bloomberg.net

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Dale Quinn at dquinn40@bloomberg.net

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