Back

LatinNews Regional Monitor: Mexico - 15 February 2018

In brief: Mexico

*Mexico’s national social development policy evaluation council (Coneval), the decentralised government body tasked with evaluating the impact of the country’s social policies, has reported that the purchasing power of Mexican workers fell by 2.5% in 2017. A Coneval report found that as Mexico closed 2017 with an inflation rate of 6.77%, the highest inflation rate recorded since 2000, the real value of Mexico’s monthly income per capita income fell from M$1,711.62 (US$91,72) in 2016 to M$1,669.31 (US$89.45) last year. The Coneval report calculates that the proportion of Mexico’s population with an income below the minimum welfare line (less than the value of the monthly basic basket of goods) increased one percentage point from 40% in 2016 to 41% in 2017.

End of preview - This article contains approximately 132 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.