“With this we continue on track with the recovery of the purchasing power of the minimum wage, which seeks a minimum wage that meets the 2.5 basic baskets,” said Bolaños López.
“With this increase, the minimum wage has accumulated a recovery of 135% to date,” he added.
With this increase, which was achieved unanimously, next year it will be possible to buy 5.3 kilos of beans, 5.6 kilos of eggs and 13.2 kilos of tortilla, the official explained.
President Claudia Sheinbaum thanked the Ministry of Labor, the National Minimum Wage Commission (Conasami), the labor and employer sectors for the agreement reached for the salary increase that will come into force on January 1, 2025.
During the last six-year term, the minimum wage went from 88 pesos in 2018 to 248 pesos in almost the entire country and 374 pesos per day on the northern border this year.
During her presidential campaign, Claudia Sheinbaum said that the salary will continue to increase to reach the purchase equivalent of 2.5 basic baskets a day, which would represent nominal increases of 11% in the coming years.
Last October, Senators approved the initiative that establishes that the minimum wage must always increase above inflation. The approved reform was part of the package of initiatives sent in February by then-president Andrés Manuel López Obrador.