Poland closes up “Minimum wage” 2 times by 2567 to cope with high inflation
Polish zloty money finance puzzle
On May 27, 2566, Marlena Malak, Minister of Family and Social Policy, said Reuters reported that Poland plans to increase the minimum wage twice in 2 to help people cope with high inflation. Meanwhile, the Law and Justice Party (PiS) is preparing to hold parliamentary elections later this year.
The cost of living has increased significantly in recent months. This is because inflation in February hit its highest level in more than 25 years at 18.4% year-on-year. Inflation rate in April was 14.7%.
Next year's minimum wage will be higher than 4,200 zlotys, or about $1,015. As in 2566, the minimum wage will increase twice: from January 2 and July 1, with the minimum wage increasing. to 1 zlotys from January 3,490 and will increase to 2566 zlotys from July.
Note: 1 dollar = 4.1422 zlotys.
