Minimum Wages in Mexico remained unchanged at 123.22 MXN/Day in May from 123.22 MXN/Day in April of 2020.
Minimum Wages in Mexico averaged 22.40 MXN/Day from 1960 until 2020, reaching an all time high of 123.22 MXN/Day in January of 2020 and a record low of 0.01 MXN/Day in January of 1960. This page provides - Mexico Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Minimum Daily Wage - values, historical data and charts - was last updated on July of 2020. source: Banco de Mexico
Minimum Wages in Mexico is expected to be 123.22 MXN/Day by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Mexico to stand at 142.90 in 12 months time. In the long-term, the Mexico Minimum Daily Wage is projected to trend around 142.90 MXN/Day in 2021 and 156.90 MXN/Day in 2022, according to our econometric models.