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Minimum Wage vs. Cost of Living: Housing in Spain Rose More than Twice as High as in the Eu and Prices, One More Point
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The increase in the minimum interprofessional wage (SMI) to 1,221 euros has been ratified this week in an agreement between government and unions, although without the support of CEOE and Cepyme employers. In recent years the SMI has increased 66% in Spain, from 735.9 euros in 2018, to 1,221 euros per month in 2026. The most marked increase in the series took place between 2018 and 2019, when this amount increased by 22.3%, from 735.90 euros, to…
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