Minimum Wages in Peru decreased to 930 PEN/Month in March from 931 PEN/Month in February of 2019. Minimum Wages in Peru averaged 451.29 PEN/Month from 1990 until 2019, reaching an all time high of 931 PEN/Month in February of 2019 and a record low of 1 PEN/Month in February of 1990.
Minimum Wages in Peru is expected to be 930.00 PEN/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Peru to stand at 930.00 in 12 months time. In the long-term, the Peru Minimum Monthly Wage is projected to trend around 970.00 PEN/Month in 2020, according to our econometric models.