BANCO DE MEXICO URGES RESTRAINT IN PAY RAISES From: Infolatina | Date: August 22, 2001 | . Provided by ProQuest LLC.Copyright information

Infolatina
08-22-2001
Banco De Mexico Urges Restraint In Pay Raises

MEXICO CITY, Aug 22, 2001 (El Economista/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Wage and salary increases that are composed of the official expected inflation rate and the increased productivity of workers will be more than enough to pay for daily goods and services, said the Banco de Mexico. An investigation carried out by the Banco de Mexico indicates that if the central bank can maintain inflation ...