this post was submitted on 27 Apr 2026
21 points (100.0% liked)

Latin American Publications!

147 readers
59 users here now

A community for Latin American publications.

NOTE: All the publications in this feed are Latin American in origin; that does not mean they only report on Latin American news.

founded 6 months ago
MODERATORS
 

This article by Darren Garcia originally appeared in the April 24, 2026 edition of Revista Contralínea.

The current minimum wage in Mexico, set at 9,582.47 pesos –excluding the northern border–, allows the purchase of 1.94 basic baskets of goods, compared to the 0.78 that could be bought at the end of 2018. This reflects the positive results in the recovery of workers’ purchasing power, celebrated the National Minimum Wage Commission (CONASAMI).

The cost of the basic food basket in March was 4,940.45 pesos, reflecting “a cumulative recovery of 152.4 percent above inflation,” which rose by 5.6 percent that month. This is according to data from the Urban Income Poverty Line, published by the National Institute of Statistics and Geography (INEGI).

As for the urban food basket, its value was 2,571.18 pesos in March, representing an 8.1 percent year-on-year increase. The statement—published by the Secretariat of Labor and Social Welfare—noted that, even with this increase, the minimum wage remained higher, with a 13 percent increase between 2025 and 2026.

However, CONASAMI also explained that the increase in the basket was mainly due to the rise in the price of tomatoes, lemons, chili peppers, and potatoes , attributed to “climatic factors in the United States and Mexico that reduced supply, as well as an increase in fuel prices internationally, resulting from conflicts and disruptions in supply chains in the Middle East”; although it stressed that the causes are temporary.

The post Mexico’s Current Minimum Wage Buys 1.94 Basic Basket of Goods; in 2018, it was 0.78 appeared first on Mexico Solidarity Media.


From Mexico Solidarity Media via This RSS Feed.

you are viewing a single comment's thread
view the rest of the comments
[–] ChrisMcMillan@lemmy.world 1 points 4 days ago

While the minimum wage in the country to the north stays where it is...