Free Trial

AMLO-There Will Be 'Significant Increase' In Minimum Wage

MEXICO

Following his announcement on the deal reached between the gov't and food producers on limiting price rises, wires carrying comments from President Andres Manuel Lopez Obrador stating that there will be a 'significant increase' in the minimum wage.

  • Would be something of a reversal for a president who came to office as a left-wing populist but has governed in a manner of an 'austerity' politician, with John Authers at Bloomberg writing AMLO "regards tight spending as virtuous"

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.