Overview
- Argentina’s ANSES applied a 2.47% mobility increase for January based on November CPI, setting the base minimum at 349,299.31 pesos and the maximum at 2,350,453.71 pesos, with a bonus of up to 70,000 pesos lifting the minimum take‑home to 419,299.31 pesos.
- ANSES formalized the extraordinary bonus as a variable, decreasing supplement paid in full only at the minimum and proportionally above it, excluded from the aguinaldo and recalculated each month as the minimum moves.
- Decree 929/2025 enacted partial January hikes to fuel taxes, lifting per‑liter ICL/IDC by 17.291/1.059 pesos for naftas and 14.390/1.640 pesos for gasoil, with a 7.792‑peso differential for Patagonia, while deferring remaining updates to February 1.
- Argentina also began scheduled January price adjustments for regulated services, including electricity and gas bills rising about 2.5%, water increases phased over four months, higher transport fares in CABA and PBA, and prepaga fees notified near 2.5%.
- Mexico put new fiscal measures into force: the IEPS on sugary drinks rose to 3.8 pesos per liter, a first‑time 1.5‑peso levy applies to artificially sweetened beverages, import tariffs for non‑FTA countries doubled to 50%, the minimum wage increased 13% to 315.04 pesos daily nationwide (440.87 in the border zone), and SHCP projects 5.84 trillion pesos in 2026 tax revenue, up 10.2% in real terms.