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HSBC Mexico Financial Report slide image

HSBC Mexico Financial Report

Labour: Recovering competitiveness Hourly wage (USD / hour) 2.5 2.0 1.72 1.5 1.0 0.5 0.35 0.0 2001 2003 2005 2007 2009 2011 Source: Bloomberg, INEGI (Mexico's National Institute of Statistics and Geography) 2.05 1.63 HSBC Mexico increased to 11.9% its share of US imports (+60 bps) Mexico China
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