PortugalPolitics

Government will increase national minimum wage to 970 euros in 2027

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 08/10/2026, 15:56:24 UTC.

Briefings

The Portuguese government announced a national minimum wage increase to 970 euros in 2027, fulfilling a 2024 Social Contract agreement. This decision was finalized in the 2027 State Budget report, marking the third consecutive increase since the 2024 government took office. While the executive confirmed the 970 euro target, unions rejected the finalization, with the UGT demanding 1,100 euros and the CGTP requesting 1,000 euros. The current minimum wage stands at 920 euros, making the 2027 increase a 50 euro rise. The 2027 budget also projected a 1.4% employment growth and a 5.7% unemployment rate, with remuneration expected to grow 6% in 2027.

Key points

• The Portuguese government confirmed a 970 euro minimum wage increase for 2027, fulfilling a 2024 Social Contract agreement.
• Unions rejected the finalization of the wage increase, with the UGT demanding 1,100 euros and the CGTP requesting 1,000 euros.

Context

This finding is significant as it represents the third consecutive increase in the Portuguese minimum wage since the 2024 government took office, with the current rate standing at 920 euros.

Limitations

The evidence is limited to the 2027 State Budget report and related parliamentary documents. The finalization of the wage increase remains uncertain despite the executive's confirmation, as unions explicitly rejected the finalization. The source does not provide details on the specific negotiation process or the exact reasons why the finalization was rejected.

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