Millions escape poverty in Mexico as incomes rise

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Millions of people have escaped poverty in recent years in Mexico, helped by rising incomes in Latin America's second-largest economy, official figures showed Thursday.

MEXICO CITY , Mexico -- Millions of people have escaped poverty in recent years in Mexico, helped by rising incomes in Latin America's second-largest economy, official figures showed Thursday.

The percentage of the population of 126 million in poverty dropped to 36.3 percent, down from 43.9 percent, it reported. The number of people in extreme poverty declined to 9.1 million, down from 10.8 million, over the same period, it said. CONEVAL considers someone to be living in poverty if they have an income of less than $250 a month in urban areas and $181 in rural areas.

 

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