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What will be the percentage increase in Mexico's minimum wage for 2025?
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Resolution / Starting Odds
Less than 5% • 25%
5% to 9.9% • 25%
10% to 14.9% • 25%
15% or more • 25%
Official announcements from the Mexican government or labor ministry
Story
Mexico Passes Lopez Obrador's Constitutional Reform to Increase Minimum Wages Above Inflation
Oct 10, 2024, 02:41 PM
On October 10, Mexico's Congress approved a constitutional reform proposed by former President Andres Manuel Lopez Obrador, mandating that annual minimum wage increases exceed the previous year's inflation rate. This measure aims to ensure that the wages of workers keep pace with the rising cost of living by outpacing inflation. The reform seeks to bolster the purchasing power of the country's lowest-paid workers and address income inequality.
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Increase by more than 1% • 25%
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No change • 25%
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62% • 25%
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Below 9% • 25%
9-10% • 25%
10-11% • 25%
Above 11% • 25%