Wages in Manufacturing in Mexico remained unchanged at 2.60 USD/Hour in July from 2.60 USD/Hour in June of 2019. Wages in Manufacturing in Mexico averaged 2.60 USD/Hour from 2007 until 2019, reaching an all time high of 3.80 USD/Hour in December of 2013 and a record low of 2 USD/Hour in January of 2017.
Wages in Manufacturing in Mexico is expected to be 2.40 USD/Hour by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Mexico to stand at 2.50 in 12 months time. In the long-term, the Mexico Nominal Hourly Wages in Manufacturing is projected to trend around 3.00 USD/Hour in 2020, according to our econometric models.