Labor market   >   (CL10) - Contractual Wages
  Labor market     (CL10) - Contractual Wages

Period: Jan 1988 - Sep 2017, Monthly, Without units, N-Homogeneous

            (0)
Period: - Orientation:
Jul 2017 Aug 2017 Sep 2017
Contractual wages
Wage negotiations
Total Contractual Wages
Wage adjustment (%)
5.8 4.2 5.1
Number of firms
706.0 1,039.0 286.0
Number of workers
56,194.0 285,308.0 36,267.0
Contractual Wages by Economic Sector
Manufacturing wage adjustment (%)
6.2 5.4 5.3
Other sectors wage adjustment (%)
5.2 3.7 4.9
Manufacturing (number of workers)
34,925.0 75,802.0 20,551.0
Other sectors (number of workers)
21,269.0 209,506.0 15,716.0
Contractual Wages by Sector
Public sector wage adjustment
5.1 3.1 1.2
Private sector wage adjustment
5.8 5.5 5.3
Public sector (number of workers)
34.0 158,242.0 1,262.0
Private sector (number of workers)
56,160.0 127,066.0 35,005.0
Real Contractual Wages
Real ex-ante (%) 1/
1.8 0.4 1.3
Real ex-post (%) 2/
-1.9 -2.8 -2.1
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.
Labor market(CL10) - Contractual Wages