Statistics Institute Reports Mexico's Poor Survived on $6 a Day in 2012
Juan Carlos Cruz Vargas - Proceso
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July 23, 2013
Despite the growth in the Mexican economy since the economic crisis of 2009, earnings of Mexican households have not fully recovered. The middle class has, in fact, seen a decline in earnings since the recession, according to the National Institute of Statistics and Geography (Inegi).
With the publication of the National Survey of Household Income and Spending (ENIGH), Inegi revealed that the average quarterly household income was $3,042 USD in 2012, an increase of 1.5% compared to the $2,998 reported in 2010.
However, the resources of Mexican families still have not reached pre-2009 levels (when the economy plummeted 6.5%), when average quarterly household income was $3,421.
Read the rest at Mexico Voices
Translated by Noah Burton
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