Skip to content

Mexico’s minimum wage rises by 3.9 percent

December 29, 2012

Mexico’s daily minimum wage will increase by 2.43 pesos as of January 1, 2013.

This rise of 3.9 percent means the daily minimum wage in Mexico’s Zone A – which now includes the Guadalajara metropolitan zone, along with Mexico City, Monterrey and much of northern Mexico – will be 64.76 pesos (equivalent to around £3 or $5 a day).

The country is now split into just two different zones, having previously been divided into three. The rest of Jalisco is listed in Zone B, which will now have a minimum wage of 61.38 pesos per day.

The changes were set by the National Minimum Wage commission (Conasami) on November 27. This year’s increase is down on last year’s rise of 4.2 percent, but Conasami said the figure was based on the estimated inflation rate of 3.5 percent for 2012.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: