MEXICO CITY, Dec 3 (Reuters) – Mexico’s government said on Wednesday it will raise the minimum wage by 13% in 2026, the latest in a series of public policies from two consecutive leftist administrations aimed at helping poor workers.

The minimum wage will rise to 315.04 pesos ($17.27) per day, part of an agreement between labor, business and the government leaders, Labor Minister Marath Bolanos said.

The 2026 minimum wage increase will bring the accumulated rise in salaries to about 150% since 2018 in Latin America’s second-largest economy.

Mexican President Claudia Sheinbaum said the decision had been taken after consulting with the finance ministry and the central bank. “It doesn’t have an inflationary impact,” she said about the wage hike.

Sheinbaum has said that over the last seven

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