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France Will Raise The Minimum Wage In October 2021

The minimum wage in France will increase as of October 1 due to a mechanical effect that responds to its calculation system, and which has to do with the rise in inflation in recent months. Based on the confirmed data for the CPI for August (1.9%), the increase will be about 35 euros per month , which would place it at about 1,588 euros gross.

To calculate the minimum wage, which in France receive around 2.25 million workers (around 13% of the total), an average year-on-year inflation of 2.2% is taken into account since November, which was the last reference . The minimum wage had its last revaluation on January 1 .

Without the inflationary rebound observed since the beginning of 2021, Efe collects , the minimum wage would not have changed in France until next January, since the Government has repeated that it does not intend to increase it beyond what is established by the current method of calculation linked to inflation.

The minimum wage in France will increase as of October 1 due to a mechanical effect that responds to its calculation system, and which has to do with the rise in inflation in recent months. Based on the confirmed data for the CPI for August (1.9%), the increase will be about 35 euros per month , which would place it at about 1,588 euros gross.

To calculate the minimum wage, which in France receive around 2.25 million workers (around 13% of the total), an average year-on-year inflation of 2.2% is taken into account since November, which was the last reference . The minimum wage had its last revaluation on January 1 .

Without the inflationary rebound observed since the beginning of 2021, Efe collects , the minimum wage would not have changed in France until next January, since the Government has repeated that it does not intend to increase it beyond what is established by the current method of calculation linked to inflation.

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