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Mexico hit by slow growth despite its booming car industry, rising exports

Wednesday, November 26, 2014 - 05:50

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Over the past 11 years, Mexican auto workers' earnings have risen an average of 0.3 per cent per year more than the inflation rate, and it's a pattern repeated across the economy.

Mexico City

MEXICO'S booming automobile industry is generating more export dollars than oil, building more cars than Brazil and giving a job to Esmeralda Velazquez. What it isn't doing is raising her living standards.

The 37-year-old machine operator at an auto suspension plant

sentifi.com

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