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Weekly Report - 12 December 2024 (WR-24-49)

TRACKING TRENDS

MEXICO | Sheinbaum announces minimum wage hike. Mexico’s President Claudia Sheinbaum announced on 4 December that the minimum wage will rise by 12% in 2025, bringing the general minimum daily wage to M$278.80 (US$13.75) and the daily wage in the country’s northern border free zone (ZLFN) to M$419.88.

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