Mexico

Mexico: Minimum Wage – 20% increase in 2023

  • Today, CONASAMI announced a 20% increase in the minimum wage for 2023, from $172.87 to $207.44 per day

  • The government maintains its policy of a gradual recovery in wages, with support from unions and the private sector

  • This news comes in an environment of higher cost pressures for companies, with possible upside risks for CPI in 2023

Contributors
December 2nd, 2022
Subscribe to read this report

You can read this report by subscribing to a Starter or Pro plan today.

Already have an account? Log in

Disclosures

This publication is being distributed by Tellimer solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.

This publication is not intended for distribution to, or use by, any person or entity in any jurisdiction in any country where such distribution or use would be contrary to law or regulation, or which would subject Tellimer to any registration requirement within such jurisdiction or country.

This research is produced by a third party. The Tellimer team has had no editorial input into the content of the note.