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SourceMex PDF file 1990 right arrow Dec

Response To Minimum Wage Increase; Prices On Some Food Staples Soars

LADB Article ID: 068586
Category/Department: General
Date: Wednesday, December 5, 1990
By: Steven Ranieri

According to the Nov. 26 issue of El Financiero, in the previous two weeks the "second inflationary bubble" of the year led to price hikes of between 15% and 67% on food staples. The cause of the "bubble," the announced 18% minimum wage hike und...

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