Minimum Wages in Mexico increased to 102.68 MXN/Day in January from 88.36 MXN/Day in December of 2018. Minimum Wages in Mexico averaged 20.76 MXN/Day from 1960 until 2019, reaching an all time high of 102.68 MXN/Day in January of 2019 and a record low of 0.01 MXN/Day in January of 1960.
Minimum Wages in Mexico is expected to be 102.68 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 102.68 in 12 months time. In the long-term, the Mexico Minimum Daily Wage is projected to trend around 119.50 MXN/Day in 2020, according to our econometric models.