Peru Raises Minimum Wage to S/1,230 Under Keiko Fujimori

A potato saleswoman counts bills product of her sales in Lima's Santa Anita Market during the morning sale session on September 21, 2022. In Lima's Santa Anita Market, sellers and buyers are anxious about the rising prices of potatoes, a staple food in the Peruvian diet, which is becoming unaffordable for the poorest families. Each Peruvian consumes an average of two kilos of potatoes per week, according to the Ministry of Agriculture, but prices have tripled in recent months as a result of the Russian invasion of Ukraine. (Credit: Photo by Cris BOURONCLE / AFP) (Photo by CRIS BOURONCLE/AFP via Getty Images)

Peru's minimum wage rises from S/1,130 to S/1,230 on October 1, 2026, and Peruvians in the United States who support relatives back home should read the fine print before drawing conclusions about their own family.

The increase, signed by President Keiko Fujimori through a supreme decree, applies to workers in the private-sector labor regime whose pay is tied to the Remuneración Mínima Vital (RMV). It is not an automatic raise for every worker in the country. According to the Ministry of Labor and Employment Promotion, the measure is expected to benefit about 600,000 workers as it advances toward S/1,300.