(CA14) - Wages increases

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Contractual Wages

Concept 2024 2024
Dec Jan Feb Mar
Total Contractual Wages        
  Contractual (%) 1/ 9.46 7.88 8.61 9.16
  Number of firms 107.00 205.00 330.00 331.00
  Number of workers 46,413.00 152,364.00 185,326.00 143,462.00
Contractual Wages by Economic Sector 1/ 2/        
  Manufacturing (%) 1/ 11.37 10.64 9.43 9.47
  Other sectors (%) 1/ 5.63 5.62 6.95 8.35
Contractual Wages by Sector 1/        
  Public sector (%) 4.44 4.10 5.64 4.00
  Bussines sector (%) 10.18 9.82 8.67 9.22
Real Contractual Wages        
  Real ex-ante (%) 5.29 3.97 4.60 5.04
  Real ex-post (%) 4.06 5.07 3.89 4.88

Source: Secretaría del Trabajo y Previsión Social (STPS) and Banco de México.
1/ Is the weighted average of the wages increments of the corresponding month. The weights correspond to the number of workers involved.
2/ North American Industry Classification System (NAICS) 2007.