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Mexico and Hungary Boost Minimum Wage by Over 11%

12/6/2025

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Story summary
  • Mexican President Claudia Sheinbaum announced a 13% minimum wage increase, effective January 2026, raising daily wages from 315.04 to 440.87 pesos and benefiting 8.5 million workers.
  • In Hungary, Prime Minister Viktor Orbán announced an 11% minimum wage increase, effective January 2026, raising the monthly wage to 322,800 forints and addressing wage disparities to support low-income workers.
  • Orbán cited market-driven wage agreements amid economic challenges from the war in Central Europe.