WARSAW, Might 27 (Reuters) – Poland plans to boost the minimal wage twice in 2024 to assist individuals address excessive inflation, Household and Social Coverage Minister Marlena Malag mentioned, because the ruling Legislation and Justice (PiS) social gathering prepares for a parliamentary election later this yr.
The price of dwelling has been rising considerably in latest months, with inflation in February reaching its highest in additional than 1 / 4 of a century at 18.4% yr on yr. In April inflation stood at 14.7%.
“The minimal wage subsequent yr might be above 4,200 zlotys ($1,015),” Malag was quoted as saying by state-controlled information company PAP. She mentioned that, like in 2023, subsequent yr the minimal wage might be raised in two steps – from Jan. 1 and July 1.
The minimal wage was raised to three,490 zlotys from January 2023 and might be lifted to three,600 zlotys from July.
The date for the election has not but been set, however it’s due in October or November.
($1 = 4.1422 zlotys)
Reporting by Anna Koper; Modifying by Alison Williams
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