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ARTICLE · 06 DECEMBER 2022

Mexico Increases The General Minimum Wage

On December 1, 2022, the National Minimum Wage Commission ("CONASAMI" for its acronym in Spanish) agreed to increase Mexico's general minimum wage to $207.44 Mexican pesos per day, and to $312.41 Mexican pesos per day in the Free Economic Zone of the Northern Border, effective January 1, 2023.

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On December 1, 2022, the National Minimum Wage Commission ("CONASAMI" for its acronym in Spanish) agreed to increase Mexico's general minimum wage to $207.44 Mexican pesos per day, and to $312.41 Mexican pesos per day in the Free Economic Zone of the Northern Border, effective January 1, 2023. The minimum wage in force for 2023 will result in an overall increase of 20% (10% as direct increase and $15.72 Mexican pesos as a fixed amount increase).

As a reminder, the municipalities included in the Free Economic Zone of the Northern Border are: (i) Baja California: Ensenada, Playas de Rosarito, Tijuana, Tecate and Mexicali; (ii) Sonora: San Luis Rio Colorado, Puerto Peñasco, General Plutarco Elias Calles, Caborca, Altar, Saric, Nogales, Santa Cruz, Cananea, Naco and Agua Prieta; (iii) Chihuahua: Janos, Ascension, Juarez, Praxedis G. Guerrero, Guadalupe, Coyame del Sotol, Ojinaga and Manuel Benavides; (iv) Coahuila: Ocampo, Acuña, Zaragoza, Jimenez, Piedras Negras,

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