Weekly Report - 31 August 2017 (WR-17-34)

MEXICO | Rising household incomes. The average quarterly household income increased by 2% to M$46,521 (US$2,611) in 2016 compared with 2014, according to the latest instalment of the national household income and spending survey (Enigh) released on 28 August by the national statistics institute (Inegi). While the increase in average household incomes is positive, the Enigh also found that the average quarterly income of the wealthiest households is M$168,855 (US$9,476), or 21 times higher than that of low-income households, which stands at M$8,166 (US$458). This shows that the wealth inequality gap remains large and that the social programmes implemented by the government have not yet addressed this issue.