Wages in Manufacturing in Mexico increased to 2.70 USD/Hour in November from 2.60 USD/Hour in October of 2019. Mexico Nominal Hourly Wages in Manufacturing - data, historical chart, and calendar of releases - was last updated on March of 2020 from its official source.
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. This page provides - Mexico Average Wages in Manufacturing Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Instituto Nacional de Estadística y Geografía (INEGI)
Wages in Manufacturing in Mexico is expected to be 2.80 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 3.30 in 12 months time. In the long-term, the Mexico Nominal Hourly Wages in Manufacturing is projected to trend around 3.20 USD/Hour in 2021 and 3.30 USD/Hour in 2022, according to our econometric models.