Andorra's minimum wage to rise to €1,525 amid rental cost linkage calls
Andorra's minimum wage is set to increase to €1,525 based on 2.7% IPC inflation, while a proposal seeks to set the same as a minimum rental.
Key Points
- Minimum wage projected at €1,525 using 2.7% IPC reference index.
- Helena Anillo proposes €1,525 as minimum rental to match wage hikes.
- Adjustments address inflation-driven pressures on salaries and housing.
- No timelines confirmed for wage rise or rental reforms.
**Andorra's minimum wage set to rise to €1,525 amid calls to link it with rental costs**
Andorra's minimum wage is projected to reach €1,525 if it follows the latest advanced consumer price index (IPC) data released by the statistics office.
The figure emerges from the reference index of 2.7%, which authorities have established for adjusting both minimum wages and rental prices this year. The update aligns with inflation trends reported earlier.
In a related proposal, Helena Anillo, featured in a recent Altaveu vignette, advocates applying the same €1,525 threshold as a minimum rental amount. Her suggestion aims to tie housing costs directly to wage adjustments, addressing affordability amid rising living expenses.
The IPC-based increase reflects ongoing economic pressures in the principality, where salaries and rents are periodically revised using official inflation metrics. No final confirmation has been issued on whether Anillo's rental proposal will advance.
The news coincides with other economic discussions, including plans to rent a building for €402,000 over 10 years to expand the prison facility. Meanwhile, Andorran basketball team MoraBanc Andorra began the year with a loss in the local derby against Lleida.
Authorities have not yet detailed implementation timelines for the wage hike or rental reforms.
Original Sources
This article was aggregated from the following Catalan-language sources: