SISTEMA DE INFORMACIÓN ECONÓMICA

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Contractual Wages - (CL10)

Period: Jan 1988 - Dec 2018, Monthly, Without units, N-Homogeneous

Jan 1988 - Dec 2018

Monthly

Without units

N-Homogeneous

Export:

Analysis:

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Oct 2018 Nov 2018 Dec 2018
Contractual wages
- Wage negotiations
- Total Contractual Wages
i
Wage adjustment (%)
3.8 5.4 4.7
i
Number of firms
499.0 545.0 475.0
i
Number of workers
581,534.0 92,024.0 43,788.0
- Contractual Wages by Economic Sector
i
Manufacturing wage adjustment (%)
5.4 5.8 5.2
i
Other sectors wage adjustment (%)
3.5 5.0 4.1
i
Manufacturing (number of workers)
90,136.0 47,504.0 23,706.0
i
Other sectors (number of workers)
491,398.0 44,520.0 20,082.0
- Contractual Wages by Sector
i
Public sector wage adjustment
3.4 4.1 4.4
i
Private sector wage adjustment
5.5 5.5 4.7
i
Public sector (number of workers)
458,625.0 8,394.0 30.0
i
Private sector (number of workers)
122,909.0 83,630.0 43,758.0
- Real Contractual Wages
i
Real ex-ante (%) 1/
0.0 1.5 0.8
i
Real ex-post (%) 2/
-1.0 0.4 0.4
Source: Ministry of Labor (Secretaría del Trabajo y Previsión Social, STPS) and Banco de México.
1/ Real ex-ante wages are calculated according to inflation expectations for the following 12 months.
2/ Ex-post real wage changes are defined as nominal wage increases granted in the previous 12 months deflated by annual inflation observed during the analyzed month.
N/E: No wage adjustments took place during the period.