<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2026 Workiva-->
<!--r:019b330f-f0cb-784a-95a8-97091eaa90f8,g:d8547be3-0d96-4837-82a6-d7bde55f0979-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel"/>
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel"/>
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_currency_CHF_019bcf94-3aeb-76e4-9a2e-56c71e6813c8_verboseLabel_en-US" xlink:label="lab_currency_CHF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Swiss franc</link:label>
    <link:label id="lab_currency_CHF_label_en-US" xlink:label="lab_currency_CHF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Switzerland, Francs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_CHF" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_CHF"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_CHF" xlink:to="lab_currency_CHF" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfTrustAssetExplanatoryTableTextBlock_019b3310-0272-72e8-9cbc-8111fd8575f3_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfTrustAssetExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Trust Assets</link:label>
    <link:label id="lab_fmx_DisclosureOfTrustAssetExplanatoryTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfTrustAssetExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Trust Asset Explanatory [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfTrustAssetExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfTrustAssetExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of trust asset explanatory.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfTrustAssetExplanatoryTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfTrustAssetExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfTrustAssetExplanatoryTableTextBlock" xlink:to="lab_fmx_DisclosureOfTrustAssetExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestExpense_019b3310-0272-7c33-b579-39ae446d703a_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest expense</link:label>
    <link:label id="lab_ifrs-full_InterestExpense_019beb3c-038f-7b9a-a2ae-7ce531a26d22_verboseLabel_en-US" xlink:label="lab_ifrs-full_InterestExpense" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Interest&#160;Expense</link:label>
    <link:label id="lab_ifrs-full_InterestExpense_019b3310-0272-71b3-ab0d-ec94088ac089_totalLabel_en-US" xlink:label="lab_ifrs-full_InterestExpense" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ifrs-full_InterestExpense_label_en-US" xlink:label="lab_ifrs-full_InterestExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestExpense" xlink:to="lab_ifrs-full_InterestExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasLineItems_019b3310-0272-7474-8c8b-27090a3b0f4f_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of geographical areas [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of geographical areas [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfGeographicalAreasLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfGeographicalAreasLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfGeographicalAreasLineItems" xlink:to="lab_ifrs-full_DisclosureOfGeographicalAreasLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DomesticSeniorNotesMember_019b3310-0272-73ca-9567-e22c4c09866b_terseLabel_en-US" xlink:label="lab_fmx_DomesticSeniorNotesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Domestic senior notes</link:label>
    <link:label id="lab_fmx_DomesticSeniorNotesMember_label_en-US" xlink:label="lab_fmx_DomesticSeniorNotesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Domestic Senior Notes [Member]</link:label>
    <link:label id="lab_fmx_DomesticSeniorNotesMember_documentation_en-US" xlink:label="lab_fmx_DomesticSeniorNotesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Long term borrowings domestic senior notes.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DomesticSeniorNotesMember" xlink:href="fmx-20251231.xsd#fmx_DomesticSeniorNotesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DomesticSeniorNotesMember" xlink:to="lab_fmx_DomesticSeniorNotesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TaxesWithheldOnDividendsPaidToShareholders_019b3310-0272-7da3-a3ab-10e47165cec1_terseLabel_en-US" xlink:label="lab_fmx_TaxesWithheldOnDividendsPaidToShareholders" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Taxes withheld on payment of dividends</link:label>
    <link:label id="lab_fmx_TaxesWithheldOnDividendsPaidToShareholders_label_en-US" xlink:label="lab_fmx_TaxesWithheldOnDividendsPaidToShareholders" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Taxes Withheld On Dividends Paid To Shareholders</link:label>
    <link:label id="lab_fmx_TaxesWithheldOnDividendsPaidToShareholders_documentation_en-US" xlink:label="lab_fmx_TaxesWithheldOnDividendsPaidToShareholders" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of taxes withheld on dividends paid to shareholders during the period.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TaxesWithheldOnDividendsPaidToShareholders" xlink:href="fmx-20251231.xsd#fmx_TaxesWithheldOnDividendsPaidToShareholders"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TaxesWithheldOnDividendsPaidToShareholders" xlink:to="lab_fmx_TaxesWithheldOnDividendsPaidToShareholders" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherTaxPayable_019b3310-03be-70f8-8d5b-26d8aebf044e_terseLabel_en-US" xlink:label="lab_fmx_OtherTaxPayable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other tax payable</link:label>
    <link:label id="lab_fmx_OtherTaxPayable_label_en-US" xlink:label="lab_fmx_OtherTaxPayable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Tax Payable</link:label>
    <link:label id="lab_fmx_OtherTaxPayable_documentation_en-US" xlink:label="lab_fmx_OtherTaxPayable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Tax Payable</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherTaxPayable" xlink:href="fmx-20251231.xsd#fmx_OtherTaxPayable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherTaxPayable" xlink:to="lab_fmx_OtherTaxPayable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_019b3310-0272-7d83-941b-0077a9012466_negatedLabel_en-US" xlink:label="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment acquisitions</link:label>
    <link:label id="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase of property, plant and equipment, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsReceivedClassifiedAsInvestingActivities_019b3310-03bf-7ef4-96d8-82264f8881e8_terseLabel_en-US" xlink:label="lab_ifrs-full_DividendsReceivedClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends received from equity method accounted investees and other investees</link:label>
    <link:label id="lab_ifrs-full_DividendsReceivedClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_DividendsReceivedClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends received, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsReceivedClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsReceivedClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsReceivedClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_DividendsReceivedClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_MinimumPercentageForVoting_019b3310-0271-7fee-a17b-43d979d2c6bf_terseLabel_en-US" xlink:label="lab_fmx_MinimumPercentageForVoting" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum percentage for voting</link:label>
    <link:label id="lab_fmx_MinimumPercentageForVoting_label_en-US" xlink:label="lab_fmx_MinimumPercentageForVoting" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum Percentage For Voting</link:label>
    <link:label id="lab_fmx_MinimumPercentageForVoting_documentation_en-US" xlink:label="lab_fmx_MinimumPercentageForVoting" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Minimum percentage for voting.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_MinimumPercentageForVoting" xlink:href="fmx-20251231.xsd#fmx_MinimumPercentageForVoting"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_MinimumPercentageForVoting" xlink:to="lab_fmx_MinimumPercentageForVoting" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_WagesAndSalaries_019b3310-03bf-76b2-bcec-f609c860a9ae_terseLabel_en-US" xlink:label="lab_ifrs-full_WagesAndSalaries" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Wages and salaries</link:label>
    <link:label id="lab_ifrs-full_WagesAndSalaries_label_en-US" xlink:label="lab_ifrs-full_WagesAndSalaries" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Wages and salaries</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WagesAndSalaries" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WagesAndSalaries"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WagesAndSalaries" xlink:to="lab_ifrs-full_WagesAndSalaries" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityFileNumber_019b3310-03be-7c2e-9172-fe125725f1ab_terseLabel_en-US" xlink:label="lab_dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity File Number</link:label>
    <link:label id="lab_dei_EntityFileNumber_label_en-US" xlink:label="lab_dei_EntityFileNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity File Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFileNumber" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFileNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFileNumber" xlink:to="lab_dei_EntityFileNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill_019b3310-0272-7e5a-b38e-d535d6f2ca95_terseLabel_en-US" xlink:label="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairment charge, intangibles</link:label>
    <link:label id="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill_label_en-US" xlink:label="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impairment loss recognised in profit or loss, intangible assets other than goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" xlink:to="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems_019b3310-03bf-7c81-bb27-6667c302be86_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about business combination [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about business combination [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBusinessCombinationsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:to="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CommoditiesAveragePrice_019b3310-0272-75e2-bff7-66774cca4339_terseLabel_en-US" xlink:label="lab_fmx_CommoditiesAveragePrice" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Average price</link:label>
    <link:label id="lab_fmx_CommoditiesAveragePrice_label_en-US" xlink:label="lab_fmx_CommoditiesAveragePrice" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commodities Average Price</link:label>
    <link:label id="lab_fmx_CommoditiesAveragePrice_documentation_en-US" xlink:label="lab_fmx_CommoditiesAveragePrice" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commodities average price.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CommoditiesAveragePrice" xlink:href="fmx-20251231.xsd#fmx_CommoditiesAveragePrice"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CommoditiesAveragePrice" xlink:to="lab_fmx_CommoditiesAveragePrice" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DeferredTaxExpenseIncome_019b3310-03bf-70e0-8894-84ac481eee2f_terseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred income tax related to consolidated statement of income</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxExpenseIncome_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred tax expense (income)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxExpenseIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxExpenseIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxExpenseIncome" xlink:to="lab_ifrs-full_DeferredTaxExpenseIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_019b3310-031f-71a0-81ee-00a4ecd69780_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Average Remaining Period for Company's Intangible Assets Subject to Amortization</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about intangible assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ChangesInOtherProvisions_019b3310-03bf-7df9-867d-3f7a73aecb50_terseLabel_en-US" xlink:label="lab_ifrs-full_ChangesInOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discontinued operations</link:label>
    <link:label id="lab_ifrs-full_ChangesInOtherProvisions_label_en-US" xlink:label="lab_ifrs-full_ChangesInOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in other provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ChangesInOtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ChangesInOtherProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ChangesInOtherProvisions" xlink:to="lab_ifrs-full_ChangesInOtherProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_Advertising1Member_019b3310-03be-7181-bc67-bfc87ba35601_terseLabel_en-US" xlink:label="lab_fmx_Advertising1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advertising</link:label>
    <link:label id="lab_fmx_Advertising1Member_label_en-US" xlink:label="lab_fmx_Advertising1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advertising, 1 [Member]</link:label>
    <link:label id="lab_fmx_Advertising1Member_documentation_en-US" xlink:label="lab_fmx_Advertising1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advertising</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_Advertising1Member" xlink:href="fmx-20251231.xsd#fmx_Advertising1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_Advertising1Member" xlink:to="lab_fmx_Advertising1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyDomain_019b3310-0271-7a11-9468-bef708e4c05f_terseLabel_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy [domain]</link:label>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyDomain_label_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LevelsOfFairValueHierarchyDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:to="lab_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_A20262030Member_019cff8d-298a-7785-a973-0697be02af1a_terseLabel_en-US" xlink:label="lab_fmx_A20262030Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2026 - 2030</link:label>
    <link:label id="lab_fmx_A20262030Member_label_en-US" xlink:label="lab_fmx_A20262030Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">2026 - 2030 [Member]</link:label>
    <link:label id="lab_fmx_A20262030Member_documentation_en-US" xlink:label="lab_fmx_A20262030Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">2026 - 2030</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_A20262030Member" xlink:href="fmx-20251231.xsd#fmx_A20262030Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_A20262030Member" xlink:to="lab_fmx_A20262030Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities_019b3310-031f-7f17-81ec-1fc0f4ca42f0_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued expenses</link:label>
    <link:label id="lab_ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities_label_en-US" xlink:label="lab_ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current accrued expenses and other current liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities" xlink:to="lab_ifrs-full_CurrentAccruedExpensesAndOtherCurrentLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NetDefinedBenefitLiabilityAssetAxis_019b3310-019e-7ce7-a822-1181779c54c2_terseLabel_en-US" xlink:label="lab_ifrs-full_NetDefinedBenefitLiabilityAssetAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net defined benefit liability (asset) [axis]</link:label>
    <link:label id="lab_ifrs-full_NetDefinedBenefitLiabilityAssetAxis_label_en-US" xlink:label="lab_ifrs-full_NetDefinedBenefitLiabilityAssetAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net defined benefit liability (asset) [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NetDefinedBenefitLiabilityAssetAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetDefinedBenefitLiabilityAssetAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetDefinedBenefitLiabilityAssetAxis" xlink:to="lab_ifrs-full_NetDefinedBenefitLiabilityAssetAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_JugosDelValleSAPIDeCVMember_019b3310-031f-7429-8b35-3f8979f1d68b_terseLabel_en-US" xlink:label="lab_fmx_JugosDelValleSAPIDeCVMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Jugos del Valle, S.A.P.I. de C.V.</link:label>
    <link:label id="lab_fmx_JugosDelValleSAPIDeCVMember_label_en-US" xlink:label="lab_fmx_JugosDelValleSAPIDeCVMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Jugos del Valle, S.A.P.I. de C.V. [Member]</link:label>
    <link:label id="lab_fmx_JugosDelValleSAPIDeCVMember_documentation_en-US" xlink:label="lab_fmx_JugosDelValleSAPIDeCVMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Jugos del Valle, S.A.P.I. de C.V.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_JugosDelValleSAPIDeCVMember" xlink:href="fmx-20251231.xsd#fmx_JugosDelValleSAPIDeCVMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_JugosDelValleSAPIDeCVMember" xlink:to="lab_fmx_JugosDelValleSAPIDeCVMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfOtherIncomeAndExpensesTextBlock_019b3310-031f-7619-8642-cef368ef8e43_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfOtherIncomeAndExpensesTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Income and Expenses</link:label>
    <link:label id="lab_fmx_DisclosureOfOtherIncomeAndExpensesTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfOtherIncomeAndExpensesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Other Income And Expenses [Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfOtherIncomeAndExpensesTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfOtherIncomeAndExpensesTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of other income and expenses explanatory.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfOtherIncomeAndExpensesTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfOtherIncomeAndExpensesTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfOtherIncomeAndExpensesTextBlock" xlink:to="lab_fmx_DisclosureOfOtherIncomeAndExpensesTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BBVABancomerSADeCVMember_019b3310-03bf-7f5b-8c03-b2236482540d_terseLabel_en-US" xlink:label="lab_fmx_BBVABancomerSADeCVMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">BBVA Bancomer, S.A de C.V.</link:label>
    <link:label id="lab_fmx_BBVABancomerSADeCVMember_label_en-US" xlink:label="lab_fmx_BBVABancomerSADeCVMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">BBVA Bancomer, S.A. de C.V. [Member]</link:label>
    <link:label id="lab_fmx_BBVABancomerSADeCVMember_documentation_en-US" xlink:label="lab_fmx_BBVABancomerSADeCVMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">BBVA Bancomer SA de CV.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BBVABancomerSADeCVMember" xlink:href="fmx-20251231.xsd#fmx_BBVABancomerSADeCVMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BBVABancomerSADeCVMember" xlink:to="lab_fmx_BBVABancomerSADeCVMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncomeTaxRelatingUnrealizedGainLossOnDerivativeFinancialInstruments_019b3310-0272-742a-ba9a-14e2a6ef27a5_negatedLabel_en-US" xlink:label="lab_fmx_IncomeTaxRelatingUnrealizedGainLossOnDerivativeFinancialInstruments" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Unrealized (gain) on cash flow hedges</link:label>
    <link:label id="lab_fmx_IncomeTaxRelatingUnrealizedGainLossOnDerivativeFinancialInstruments_label_en-US" xlink:label="lab_fmx_IncomeTaxRelatingUnrealizedGainLossOnDerivativeFinancialInstruments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income tax relating Unrealized Gain (Loss) on Derivative Financial Instruments</link:label>
    <link:label id="lab_fmx_IncomeTaxRelatingUnrealizedGainLossOnDerivativeFinancialInstruments_documentation_en-US" xlink:label="lab_fmx_IncomeTaxRelatingUnrealizedGainLossOnDerivativeFinancialInstruments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income tax relating unrealized gain (loss) on derivative financial instruments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncomeTaxRelatingUnrealizedGainLossOnDerivativeFinancialInstruments" xlink:href="fmx-20251231.xsd#fmx_IncomeTaxRelatingUnrealizedGainLossOnDerivativeFinancialInstruments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncomeTaxRelatingUnrealizedGainLossOnDerivativeFinancialInstruments" xlink:to="lab_fmx_IncomeTaxRelatingUnrealizedGainLossOnDerivativeFinancialInstruments" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_019b3310-0320-7b5a-ab1d-5198f1c9fd39_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2028</link:label>
    <link:label id="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than two years and not later than three years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:to="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashAndCashEquivalentsAbstract_label_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashAndCashEquivalentsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashAndCashEquivalentsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashAndCashEquivalentsAbstract" xlink:to="lab_ifrs-full_CashAndCashEquivalentsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesExplanatory_019b3310-019e-79e9-a2f0-9908aa37d3ba_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Liabilities Arising from Financing Activities</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of liabilities arising from financing activities [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_URYUSDMember_019b3310-0272-745f-b0ae-b57babf07d6c_terseLabel_en-US" xlink:label="lab_fmx_URYUSDMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">URY/USD</link:label>
    <link:label id="lab_fmx_URYUSDMember_label_en-US" xlink:label="lab_fmx_URYUSDMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">URY/USD [Member]</link:label>
    <link:label id="lab_fmx_URYUSDMember_documentation_en-US" xlink:label="lab_fmx_URYUSDMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information pertaining to currency exchanges between Uruguayan Peso and US Dollar.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_URYUSDMember" xlink:href="fmx-20251231.xsd#fmx_URYUSDMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_URYUSDMember" xlink:to="lab_fmx_URYUSDMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AdjustmentsForIncreaseDecreaseInOtherFinancialAssets_019b3310-0271-7235-91c2-ac8f5c1efdd7_terseLabel_en-US" xlink:label="lab_fmx_AdjustmentsForIncreaseDecreaseInOtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other current financial assets</link:label>
    <link:label id="lab_fmx_AdjustmentsForIncreaseDecreaseInOtherFinancialAssets_label_en-US" xlink:label="lab_fmx_AdjustmentsForIncreaseDecreaseInOtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments For Increase Decrease In Other Financial Assets</link:label>
    <link:label id="lab_fmx_AdjustmentsForIncreaseDecreaseInOtherFinancialAssets_documentation_en-US" xlink:label="lab_fmx_AdjustmentsForIncreaseDecreaseInOtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustments for increase decrease in other financial assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AdjustmentsForIncreaseDecreaseInOtherFinancialAssets" xlink:href="fmx-20251231.xsd#fmx_AdjustmentsForIncreaseDecreaseInOtherFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AdjustmentsForIncreaseDecreaseInOtherFinancialAssets" xlink:to="lab_fmx_AdjustmentsForIncreaseDecreaseInOtherFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherAcquisitionsOfNoncontrollingInterest_019b3310-03bf-725c-b7b0-45e6f4fe98bf_negatedLabel_en-US" xlink:label="lab_fmx_OtherAcquisitionsOfNoncontrollingInterest" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other acquisitions and remeasurements and non-controlling interest</link:label>
    <link:label id="lab_fmx_OtherAcquisitionsOfNoncontrollingInterest_label_en-US" xlink:label="lab_fmx_OtherAcquisitionsOfNoncontrollingInterest" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Acquisitions Of Noncontrolling Interest</link:label>
    <link:label id="lab_fmx_OtherAcquisitionsOfNoncontrollingInterest_documentation_en-US" xlink:label="lab_fmx_OtherAcquisitionsOfNoncontrollingInterest" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Acquisitions of noncontrolling interest.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherAcquisitionsOfNoncontrollingInterest" xlink:href="fmx-20251231.xsd#fmx_OtherAcquisitionsOfNoncontrollingInterest"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherAcquisitionsOfNoncontrollingInterest" xlink:to="lab_fmx_OtherAcquisitionsOfNoncontrollingInterest" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TaxCreditsOtherCurrentAssets.Member_019b3310-03bf-77a7-9804-e3d3ee0d337d_terseLabel_en-US" xlink:label="lab_fmx_TaxCreditsOtherCurrentAssets.Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other current assets</link:label>
    <link:label id="lab_fmx_TaxCreditsOtherCurrentAssets.Member_label_en-US" xlink:label="lab_fmx_TaxCreditsOtherCurrentAssets.Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax Credits, Other current assets. [Member]</link:label>
    <link:label id="lab_fmx_TaxCreditsOtherCurrentAssets.Member_documentation_en-US" xlink:label="lab_fmx_TaxCreditsOtherCurrentAssets.Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Primary financial statement caption encompassing other current assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TaxCreditsOtherCurrentAssets.Member" xlink:href="fmx-20251231.xsd#fmx_TaxCreditsOtherCurrentAssets.Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TaxCreditsOtherCurrentAssets.Member" xlink:to="lab_fmx_TaxCreditsOtherCurrentAssets.Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember_019b3310-0272-74f0-a8ba-126637eede22_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">6&#8209;12&#160;months</link:label>
    <link:label id="lab_ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than six months and not later than one year [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember" xlink:to="lab_ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperations_019b3310-03bf-78d2-999d-c6fc49fb076b_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperations" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) operations</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperations_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperations" xlink:to="lab_ifrs-full_CashFlowsFromUsedInOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_019b3310-019e-7bce-ac9c-d0612fd79a31_negatedLabel_en-US" xlink:label="lab_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Recoveries of prior years taxes</link:label>
    <link:label id="lab_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_label_en-US" xlink:label="lab_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other tax effects for reconciliation between accounting profit and tax expense (income)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:to="lab_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AgreementWithCustomersCurrent_019b3310-0320-7157-9d2d-5ea147e5bd47_terseLabel_en-US" xlink:label="lab_fmx_AgreementWithCustomersCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Agreements with customers, net of accumulated amortization</link:label>
    <link:label id="lab_fmx_AgreementWithCustomersCurrent_label_en-US" xlink:label="lab_fmx_AgreementWithCustomersCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Agreement With Customers, Current</link:label>
    <link:label id="lab_fmx_AgreementWithCustomersCurrent_documentation_en-US" xlink:label="lab_fmx_AgreementWithCustomersCurrent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Agreement with customers.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AgreementWithCustomersCurrent" xlink:href="fmx-20251231.xsd#fmx_AgreementWithCustomersCurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AgreementWithCustomersCurrent" xlink:to="lab_fmx_AgreementWithCustomersCurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments_019b3310-0272-7e17-b1f4-138f9a5772dd_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">(Loss) gain due to changes in the fair value in equity financial instruments</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, net of tax, gains (losses) from investments in equity instruments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NumberOfSeriesDBSharesIssued_019b3310-019e-7f96-b550-228b982b79d9_terseLabel_en-US" xlink:label="lab_fmx_NumberOfSeriesDBSharesIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series "D-B" (in shares)</link:label>
    <link:label id="lab_fmx_NumberOfSeriesDBSharesIssued_label_en-US" xlink:label="lab_fmx_NumberOfSeriesDBSharesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Series D B Shares Issued</link:label>
    <link:label id="lab_fmx_NumberOfSeriesDBSharesIssued_documentation_en-US" xlink:label="lab_fmx_NumberOfSeriesDBSharesIssued" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of series D-B shares issued.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NumberOfSeriesDBSharesIssued" xlink:href="fmx-20251231.xsd#fmx_NumberOfSeriesDBSharesIssued"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NumberOfSeriesDBSharesIssued" xlink:to="lab_fmx_NumberOfSeriesDBSharesIssued" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ImberaAndTorreyMember_019b3310-0271-7f80-bcde-ff04fcc10784_terseLabel_en-US" xlink:label="lab_fmx_ImberaAndTorreyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Imbera and Torrey</link:label>
    <link:label id="lab_fmx_ImberaAndTorreyMember_label_en-US" xlink:label="lab_fmx_ImberaAndTorreyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Imbera and Torrey [Member]</link:label>
    <link:label id="lab_fmx_ImberaAndTorreyMember_documentation_en-US" xlink:label="lab_fmx_ImberaAndTorreyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Imbera and Torrey</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ImberaAndTorreyMember" xlink:href="fmx-20251231.xsd#fmx_ImberaAndTorreyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ImberaAndTorreyMember" xlink:to="lab_fmx_ImberaAndTorreyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherMiscellaneousAssetsNonCurrent_019b3310-0272-7c0a-86aa-73776afddc54_terseLabel_en-US" xlink:label="lab_fmx_OtherMiscellaneousAssetsNonCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Others</link:label>
    <link:label id="lab_fmx_OtherMiscellaneousAssetsNonCurrent_label_en-US" xlink:label="lab_fmx_OtherMiscellaneousAssetsNonCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Miscellaneous Assets, Non-Current</link:label>
    <link:label id="lab_fmx_OtherMiscellaneousAssetsNonCurrent_documentation_en-US" xlink:label="lab_fmx_OtherMiscellaneousAssetsNonCurrent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other miscellaneous assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherMiscellaneousAssetsNonCurrent" xlink:href="fmx-20251231.xsd#fmx_OtherMiscellaneousAssetsNonCurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherMiscellaneousAssetsNonCurrent" xlink:to="lab_fmx_OtherMiscellaneousAssetsNonCurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory_019b3310-0320-7aea-bba1-ad619e328c4c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Right-Of-Use Assets</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of quantitative information about right-of-use assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_019b3310-0447-77ff-993e-22f3e54cfd7d_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value measurement</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for fair value measurement [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable_019b3310-0272-7a15-9c24-a551156ab7b1_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesExplanatoryTableTextBlock_019b3310-0271-7e2e-86cd-15224eecaa48_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Assets, Liabilities and Transactions in Foreign Currencies</link:label>
    <link:label id="lab_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesExplanatoryTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Balances And Transactions In Foreign Currencies Explanatory [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of balances and transactions in foreign currencies explanatory.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesExplanatoryTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesExplanatoryTableTextBlock" xlink:to="lab_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement_019b3310-031f-7b0c-9cc3-e7697caef324_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Shares released from administrative trust to employees upon vesting (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement_label_en-US" xlink:label="lab_ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of other equity instruments exercised or vested in share-based payment arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xlink:to="lab_ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss_019b3310-03bf-785f-b165-602acbdd3fff_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial instruments (non-current asset)</link:label>
    <link:label id="lab_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current financial assets at fair value through profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="lab_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems_019b3310-03be-78d3-9cba-547fe82cfb41_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of sensitivity analysis for actuarial assumptions [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of sensitivity analysis for actuarial assumptions [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems" xlink:to="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CustomerRelationshipMember_019b3310-0272-77a8-90cb-67d770c99970_terseLabel_en-US" xlink:label="lab_fmx_CustomerRelationshipMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Customer Relationships</link:label>
    <link:label id="lab_fmx_CustomerRelationshipMember_label_en-US" xlink:label="lab_fmx_CustomerRelationshipMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Customer Relationship [Member]</link:label>
    <link:label id="lab_fmx_CustomerRelationshipMember_documentation_en-US" xlink:label="lab_fmx_CustomerRelationshipMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information pertaining to customer relationship.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CustomerRelationshipMember" xlink:href="fmx-20251231.xsd#fmx_CustomerRelationshipMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CustomerRelationshipMember" xlink:to="lab_fmx_CustomerRelationshipMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IntangibleAssetsAndGoodwill_019b3310-0447-7be1-9518-218b10d6d891_verboseLabel_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets, net</link:label>
    <link:label id="lab_ifrs-full_IntangibleAssetsAndGoodwill_019bd0b5-f119-7f22-8239-cd3b47828c87_netLabel_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Intangible assets</link:label>
    <link:label id="lab_ifrs-full_IntangibleAssetsAndGoodwill_019b3310-0447-75b6-b4fb-ed0b8d73e788_periodStartLabel_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:label id="lab_ifrs-full_IntangibleAssetsAndGoodwill_019b3310-0447-77f6-ad12-41415d4087f2_periodEndLabel_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:label id="lab_ifrs-full_IntangibleAssetsAndGoodwill_019b3310-0447-7e48-a029-ea3236aa32f1_terseLabel_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets and goodwill</link:label>
    <link:label id="lab_ifrs-full_IntangibleAssetsAndGoodwill_label_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intangible assets and goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IntangibleAssetsAndGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IntangibleAssetsAndGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IntangibleAssetsAndGoodwill" xlink:to="lab_ifrs-full_IntangibleAssetsAndGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of comprehensive income [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfComprehensiveIncomeAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:to="lab_ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOfInterestsInAssociates_019bccb6-ac7a-7fc8-ba6b-0b9fd0b27757_verboseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOfInterestsInAssociates" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from disposal of investment</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOfInterestsInAssociates_019b3310-0271-7342-9ecb-f1a3cb075cc0_terseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOfInterestsInAssociates" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sales of interests in associates</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOfInterestsInAssociates_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOfInterestsInAssociates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from sales of interests in associates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromSalesOfInterestsInAssociates" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromSalesOfInterestsInAssociates"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromSalesOfInterestsInAssociates" xlink:to="lab_ifrs-full_ProceedsFromSalesOfInterestsInAssociates" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityLineItems_019b3310-0320-7b58-bf62-de9a608ed44e_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [line items]</link:label>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityLineItems_label_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfChangesInEquityLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfChangesInEquityLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityLineItems" xlink:to="lab_ifrs-full_StatementOfChangesInEquityLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss_019b3310-031f-74ef-a92b-936fa8a9befc_negatedLabel_en-US" xlink:label="lab_fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Net effects of expired contracts</link:label>
    <link:label id="lab_fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss_019b3310-031f-7e08-aa59-7af4812fdd4b_terseLabel_en-US" xlink:label="lab_fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cross currency swaps and interest rate swaps</link:label>
    <link:label id="lab_fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss_label_en-US" xlink:label="lab_fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) On Expired Derivative Contracts Recognized In Profit Or Loss</link:label>
    <link:label id="lab_fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss_documentation_en-US" xlink:label="lab_fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The gain (loss) attributable to expired derivative contracts recognized in profit or loss during the period.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss" xlink:href="fmx-20251231.xsd#fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss" xlink:to="lab_fmx_GainLossOnExpiredDerivativeContractsRecognizedInProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOtherCurrentLiabilitiesExplanatory_019b3310-0320-7144-8301-88a9cfe4a705_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherCurrentLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Other Current Financial Liabilities</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOtherCurrentLiabilitiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherCurrentLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of other current liabilities [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherCurrentLiabilitiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherCurrentLiabilitiesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherCurrentLiabilitiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOtherCurrentLiabilitiesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BasicEarningsLossPerShareFromContinuingOperations_019b3310-0320-788e-bea0-dcb3a06f38bc_verboseLabel_en-US" xlink:label="lab_ifrs-full_BasicEarningsLossPerShareFromContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Basic earnings per share from continuing operations attributable to equity holders of the parent (in pesos per share)</link:label>
    <link:label id="lab_ifrs-full_BasicEarningsLossPerShareFromContinuingOperations_019b3310-0320-770a-a283-c9d952dae376_netLabel_en-US" xlink:label="lab_ifrs-full_BasicEarningsLossPerShareFromContinuingOperations" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Basic earnings per share from continuous operations (in pesos per share)</link:label>
    <link:label id="lab_ifrs-full_BasicEarningsLossPerShareFromContinuingOperations_label_en-US" xlink:label="lab_ifrs-full_BasicEarningsLossPerShareFromContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Basic earnings (loss) per share from continuing operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BasicEarningsLossPerShareFromContinuingOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BasicEarningsLossPerShareFromContinuingOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BasicEarningsLossPerShareFromContinuingOperations" xlink:to="lab_ifrs-full_BasicEarningsLossPerShareFromContinuingOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BorrowingsInitialExchangeOptionShares_019b3310-0320-74ec-9de9-2b9889af61c5_terseLabel_en-US" xlink:label="lab_fmx_BorrowingsInitialExchangeOptionShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Initial exchange option (in shares)</link:label>
    <link:label id="lab_fmx_BorrowingsInitialExchangeOptionShares_label_en-US" xlink:label="lab_fmx_BorrowingsInitialExchangeOptionShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings, Initial Exchange Option, Shares</link:label>
    <link:label id="lab_fmx_BorrowingsInitialExchangeOptionShares_documentation_en-US" xlink:label="lab_fmx_BorrowingsInitialExchangeOptionShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Borrowings, Initial Exchange Option, Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BorrowingsInitialExchangeOptionShares" xlink:href="fmx-20251231.xsd#fmx_BorrowingsInitialExchangeOptionShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BorrowingsInitialExchangeOptionShares" xlink:to="lab_fmx_BorrowingsInitialExchangeOptionShares" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfNonControllingInterestInItsConsolidatedSubsidiariesTableTextBlock_019b3310-0272-7fae-9f1c-5a651f825082_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfNonControllingInterestInItsConsolidatedSubsidiariesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Non-Controlling Interest in its Consolidated Subsidiaries</link:label>
    <link:label id="lab_fmx_DisclosureOfNonControllingInterestInItsConsolidatedSubsidiariesTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfNonControllingInterestInItsConsolidatedSubsidiariesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Non Controlling Interest In Its Consolidated Subsidiaries [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfNonControllingInterestInItsConsolidatedSubsidiariesTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfNonControllingInterestInItsConsolidatedSubsidiariesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of non-controlling interest in its consolidated subsidiaries.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfNonControllingInterestInItsConsolidatedSubsidiariesTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfNonControllingInterestInItsConsolidatedSubsidiariesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfNonControllingInterestInItsConsolidatedSubsidiariesTableTextBlock" xlink:to="lab_fmx_DisclosureOfNonControllingInterestInItsConsolidatedSubsidiariesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ForeignCurrencyOptionMember_019caf67-7c8a-72a0-90f7-7e6df53ab56b_terseLabel_en-US" xlink:label="lab_fmx_ForeignCurrencyOptionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign currency option</link:label>
    <link:label id="lab_fmx_ForeignCurrencyOptionMember_label_en-US" xlink:label="lab_fmx_ForeignCurrencyOptionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign Currency Option [Member]</link:label>
    <link:label id="lab_fmx_ForeignCurrencyOptionMember_documentation_en-US" xlink:label="lab_fmx_ForeignCurrencyOptionMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Foreign Currency Option</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ForeignCurrencyOptionMember" xlink:href="fmx-20251231.xsd#fmx_ForeignCurrencyOptionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ForeignCurrencyOptionMember" xlink:to="lab_fmx_ForeignCurrencyOptionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PrepaidBilateralLoansWithMaturityOfFebruary2025Member_019b3310-03bf-797f-8422-40c8ea1a2949_terseLabel_en-US" xlink:label="lab_fmx_PrepaidBilateralLoansWithMaturityOfFebruary2025Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prepaid bilateral loans with maturity of February 2025</link:label>
    <link:label id="lab_fmx_PrepaidBilateralLoansWithMaturityOfFebruary2025Member_label_en-US" xlink:label="lab_fmx_PrepaidBilateralLoansWithMaturityOfFebruary2025Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prepaid bilateral loans with maturity of February 2025 [Member]</link:label>
    <link:label id="lab_fmx_PrepaidBilateralLoansWithMaturityOfFebruary2025Member_documentation_en-US" xlink:label="lab_fmx_PrepaidBilateralLoansWithMaturityOfFebruary2025Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">It represent the prepaid bilateral loans denominated in Mexico Peso with maturity date of February 2025.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PrepaidBilateralLoansWithMaturityOfFebruary2025Member" xlink:href="fmx-20251231.xsd#fmx_PrepaidBilateralLoansWithMaturityOfFebruary2025Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PrepaidBilateralLoansWithMaturityOfFebruary2025Member" xlink:to="lab_fmx_PrepaidBilateralLoansWithMaturityOfFebruary2025Member" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DistributionEquipmentMember_019b3310-03bf-7727-acf3-b19cb031c7b3_terseLabel_en-US" xlink:label="lab_fmx_DistributionEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Distribution equipment</link:label>
    <link:label id="lab_fmx_DistributionEquipmentMember_label_en-US" xlink:label="lab_fmx_DistributionEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Distribution equipment [Member]</link:label>
    <link:label id="lab_fmx_DistributionEquipmentMember_documentation_en-US" xlink:label="lab_fmx_DistributionEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Distribution Equipment [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DistributionEquipmentMember" xlink:href="fmx-20251231.xsd#fmx_DistributionEquipmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DistributionEquipmentMember" xlink:to="lab_fmx_DistributionEquipmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasTable_019b3310-0271-7884-a6bd-7cf073a34e4d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of geographical areas [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of geographical areas [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfGeographicalAreasTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfGeographicalAreasTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfGeographicalAreasTable" xlink:to="lab_ifrs-full_DisclosureOfGeographicalAreasTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncreaseDecreaseInExistingProvisionsFromPenaltiesAndOtherCharges._019b3310-0320-713b-80ae-910712aa7023_terseLabel_en-US" xlink:label="lab_fmx_IncreaseDecreaseInExistingProvisionsFromPenaltiesAndOtherCharges." xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Penalties and other charges</link:label>
    <link:label id="lab_fmx_IncreaseDecreaseInExistingProvisionsFromPenaltiesAndOtherCharges._label_en-US" xlink:label="lab_fmx_IncreaseDecreaseInExistingProvisionsFromPenaltiesAndOtherCharges." xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) In Existing Provisions From Penalties And Other Charges.</link:label>
    <link:label id="lab_fmx_IncreaseDecreaseInExistingProvisionsFromPenaltiesAndOtherCharges._documentation_en-US" xlink:label="lab_fmx_IncreaseDecreaseInExistingProvisionsFromPenaltiesAndOtherCharges." xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) In Existing Provisions From Penalties And Other Charges.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncreaseDecreaseInExistingProvisionsFromPenaltiesAndOtherCharges." xlink:href="fmx-20251231.xsd#fmx_IncreaseDecreaseInExistingProvisionsFromPenaltiesAndOtherCharges."/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncreaseDecreaseInExistingProvisionsFromPenaltiesAndOtherCharges." xlink:to="lab_fmx_IncreaseDecreaseInExistingProvisionsFromPenaltiesAndOtherCharges." xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInterestIncomeExplanatory_019b3310-019e-7269-bc95-5585376b30d2_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInterestIncomeExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Disclosure of Interest Income</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInterestIncomeExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInterestIncomeExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of interest income [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInterestIncomeExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInterestIncomeExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInterestIncomeExplanatory" xlink:to="lab_ifrs-full_DisclosureOfInterestIncomeExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AdjustmentOfAllowanceOfExpectedCreditLoss_019b3310-03bf-7e87-94b5-ad59de4ccc1f_verboseLabel_en-US" xlink:label="lab_fmx_AdjustmentOfAllowanceOfExpectedCreditLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Allowance of expected credit losses</link:label>
    <link:label id="lab_fmx_AdjustmentOfAllowanceOfExpectedCreditLoss_label_en-US" xlink:label="lab_fmx_AdjustmentOfAllowanceOfExpectedCreditLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustment Of Allowance Of Expected Credit Loss</link:label>
    <link:label id="lab_fmx_AdjustmentOfAllowanceOfExpectedCreditLoss_documentation_en-US" xlink:label="lab_fmx_AdjustmentOfAllowanceOfExpectedCreditLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustment Of Allowance Of Expected Credit Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AdjustmentOfAllowanceOfExpectedCreditLoss" xlink:href="fmx-20251231.xsd#fmx_AdjustmentOfAllowanceOfExpectedCreditLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AdjustmentOfAllowanceOfExpectedCreditLoss" xlink:to="lab_fmx_AdjustmentOfAllowanceOfExpectedCreditLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill_019b3310-031f-7c1a-bc31-131bbebfffae_terseLabel_en-US" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisitions from business combinations</link:label>
    <link:label id="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill_label_en-US" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisitions through business combinations, intangible assets and goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:to="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatutoryReserve_019b3310-019e-7c7a-9578-1435f33e14b3_terseLabel_en-US" xlink:label="lab_ifrs-full_StatutoryReserve" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statutory reserve</link:label>
    <link:label id="lab_ifrs-full_StatutoryReserve_label_en-US" xlink:label="lab_ifrs-full_StatutoryReserve" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statutory reserve</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatutoryReserve" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatutoryReserve"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatutoryReserve" xlink:to="lab_ifrs-full_StatutoryReserve" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentDerivativeFinancialLiabilities_019b3310-0320-7b99-ac89-24d41b27312a_verboseLabel_en-US" xlink:label="lab_ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Derivative financial instruments</link:label>
    <link:label id="lab_ifrs-full_CurrentDerivativeFinancialLiabilities_label_en-US" xlink:label="lab_ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current derivative financial liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentDerivativeFinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:to="lab_ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeFromContinuingOperationsAttributableToOwnersOfParent_019b3310-031f-7724-8143-9a958247e9ef_terseLabel_en-US" xlink:label="lab_ifrs-full_IncomeFromContinuingOperationsAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Controlling interest</link:label>
    <link:label id="lab_ifrs-full_IncomeFromContinuingOperationsAttributableToOwnersOfParent_019b3310-031f-7227-a594-6e169553f276_netLabel_en-US" xlink:label="lab_ifrs-full_IncomeFromContinuingOperationsAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Net controlling interest income allocated from continuing operations</link:label>
    <link:label id="lab_ifrs-full_IncomeFromContinuingOperationsAttributableToOwnersOfParent_label_en-US" xlink:label="lab_ifrs-full_IncomeFromContinuingOperationsAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income from continuing operations attributable to owners of parent</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeFromContinuingOperationsAttributableToOwnersOfParent" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeFromContinuingOperationsAttributableToOwnersOfParent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeFromContinuingOperationsAttributableToOwnersOfParent" xlink:to="lab_ifrs-full_IncomeFromContinuingOperationsAttributableToOwnersOfParent" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ItemsWithoutTaxRequirements_019b3310-0320-74e1-9eb7-8b509d53923c_terseLabel_en-US" xlink:label="lab_fmx_ItemsWithoutTaxRequirements" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Items without tax requirements</link:label>
    <link:label id="lab_fmx_ItemsWithoutTaxRequirements_label_en-US" xlink:label="lab_fmx_ItemsWithoutTaxRequirements" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Items Without Tax Requirements</link:label>
    <link:label id="lab_fmx_ItemsWithoutTaxRequirements_documentation_en-US" xlink:label="lab_fmx_ItemsWithoutTaxRequirements" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amounts of items without tax requirements.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ItemsWithoutTaxRequirements" xlink:href="fmx-20251231.xsd#fmx_ItemsWithoutTaxRequirements"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ItemsWithoutTaxRequirements" xlink:to="lab_fmx_ItemsWithoutTaxRequirements" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LogisticServicesMember_019b3310-0320-7f03-8432-c791fa084330_terseLabel_en-US" xlink:label="lab_fmx_LogisticServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Logistic services</link:label>
    <link:label id="lab_fmx_LogisticServicesMember_label_en-US" xlink:label="lab_fmx_LogisticServicesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Logistic Services [Member]</link:label>
    <link:label id="lab_fmx_LogisticServicesMember_documentation_en-US" xlink:label="lab_fmx_LogisticServicesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Logistic services.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LogisticServicesMember" xlink:href="fmx-20251231.xsd#fmx_LogisticServicesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LogisticServicesMember" xlink:to="lab_fmx_LogisticServicesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentMember_019b3310-03bf-74a8-a325-bc153fe9f38f_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current</link:label>
    <link:label id="lab_ifrs-full_CurrentMember_label_en-US" xlink:label="lab_ifrs-full_CurrentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentMember" xlink:to="lab_ifrs-full_CurrentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_019b3310-0272-7cba-a870-cf3c9ce96dad_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect of movements in exchange rates</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through net exchange differences, intangible assets and goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfFinancialPositionAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfFinancialPositionAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of financial position [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfFinancialPositionAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfFinancialPositionAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfFinancialPositionAbstract" xlink:to="lab_ifrs-full_StatementOfFinancialPositionAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInterestExpenseExplanatory_019b3310-0320-7e0d-9160-2b6f86d34081_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInterestExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Interest Expense</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInterestExpenseExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInterestExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of interest expense [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInterestExpenseExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInterestExpenseExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInterestExpenseExplanatory" xlink:to="lab_ifrs-full_DisclosureOfInterestExpenseExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfInvestmentsClassifiedAsAmortizedCostTableTextBlock_019b3310-0320-7aa5-99ab-b16420429bf3_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfInvestmentsClassifiedAsAmortizedCostTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Investments Classified as Amortized Cost</link:label>
    <link:label id="lab_fmx_DisclosureOfInvestmentsClassifiedAsAmortizedCostTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfInvestmentsClassifiedAsAmortizedCostTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Investments Classified As Amortized Cost [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfInvestmentsClassifiedAsAmortizedCostTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfInvestmentsClassifiedAsAmortizedCostTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of investments classified as amortized cost.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfInvestmentsClassifiedAsAmortizedCostTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfInvestmentsClassifiedAsAmortizedCostTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfInvestmentsClassifiedAsAmortizedCostTableTextBlock" xlink:to="lab_fmx_DisclosureOfInvestmentsClassifiedAsAmortizedCostTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CoverAbstract_label_en-US" xlink:label="lab_dei_CoverAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cover [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CoverAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CoverAbstract" xlink:to="lab_dei_CoverAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DefinedBenefitPlansAxis_019b3310-0320-7a43-840e-929a905c6c51_terseLabel_en-US" xlink:label="lab_ifrs-full_DefinedBenefitPlansAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Defined benefit plans [axis]</link:label>
    <link:label id="lab_ifrs-full_DefinedBenefitPlansAxis_label_en-US" xlink:label="lab_ifrs-full_DefinedBenefitPlansAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined benefit plans [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DefinedBenefitPlansAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DefinedBenefitPlansAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DefinedBenefitPlansAxis" xlink:to="lab_ifrs-full_DefinedBenefitPlansAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_InitialDeliveryValue_019d911a-2aba-7e39-b4e4-e549495258df_terseLabel_en-US" xlink:label="lab_fmx_InitialDeliveryValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contemplates an initial delivery</link:label>
    <link:label id="lab_fmx_InitialDeliveryValue_label_en-US" xlink:label="lab_fmx_InitialDeliveryValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Initial Delivery Value</link:label>
    <link:label id="lab_fmx_InitialDeliveryValue_documentation_en-US" xlink:label="lab_fmx_InitialDeliveryValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Initial Delivery Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_InitialDeliveryValue" xlink:href="fmx-20251231.xsd#fmx_InitialDeliveryValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_InitialDeliveryValue" xlink:to="lab_fmx_InitialDeliveryValue" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DeferredTaxAssetBeforeReclassificationToAssetsHeldForSale_019b3310-03be-73a8-b173-d3de84242088_terseLabel_en-US" xlink:label="lab_fmx_DeferredTaxAssetBeforeReclassificationToAssetsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax asset before reclassification to assets held for sale</link:label>
    <link:label id="lab_fmx_DeferredTaxAssetBeforeReclassificationToAssetsHeldForSale_label_en-US" xlink:label="lab_fmx_DeferredTaxAssetBeforeReclassificationToAssetsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Asset, Before Reclassification To Assets Held For Sale</link:label>
    <link:label id="lab_fmx_DeferredTaxAssetBeforeReclassificationToAssetsHeldForSale_documentation_en-US" xlink:label="lab_fmx_DeferredTaxAssetBeforeReclassificationToAssetsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Tax Asset, Before Reclassification To Assets Held For Sale</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DeferredTaxAssetBeforeReclassificationToAssetsHeldForSale" xlink:href="fmx-20251231.xsd#fmx_DeferredTaxAssetBeforeReclassificationToAssetsHeldForSale"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DeferredTaxAssetBeforeReclassificationToAssetsHeldForSale" xlink:to="lab_fmx_DeferredTaxAssetBeforeReclassificationToAssetsHeldForSale" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_UnusedProvisionReversedOtherProvisions_019b3310-0320-7c10-a7d4-5a1c8270a10e_negatedLabel_en-US" xlink:label="lab_ifrs-full_UnusedProvisionReversedOtherProvisions" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Cancellation and expiration</link:label>
    <link:label id="lab_ifrs-full_UnusedProvisionReversedOtherProvisions_label_en-US" xlink:label="lab_ifrs-full_UnusedProvisionReversedOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unused provision reversed, other provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_UnusedProvisionReversedOtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_UnusedProvisionReversedOtherProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_UnusedProvisionReversedOtherProvisions" xlink:to="lab_ifrs-full_UnusedProvisionReversedOtherProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfNetEffectsOfDerivativeFinancialInstrumentsThatDidNotMetHedgingCriteriaExplanatoryTableTextBlock_019b3310-0271-7ad2-aa59-e0a327220847_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfNetEffectsOfDerivativeFinancialInstrumentsThatDidNotMetHedgingCriteriaExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Disclosure of Net Effect of Changes in Fair Value of Derivative Financial Instruments Did Not Meet Hedging Criteria for Accounting Purposes</link:label>
    <link:label id="lab_fmx_DisclosureOfNetEffectsOfDerivativeFinancialInstrumentsThatDidNotMetHedgingCriteriaExplanatoryTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfNetEffectsOfDerivativeFinancialInstrumentsThatDidNotMetHedgingCriteriaExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Net Effects Of Derivative Financial Instruments That Did Not Met Hedging Criteria Explanatory [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfNetEffectsOfDerivativeFinancialInstrumentsThatDidNotMetHedgingCriteriaExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfNetEffectsOfDerivativeFinancialInstrumentsThatDidNotMetHedgingCriteriaExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of net effects of derivative financial instruments that did not met hedging criteria.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfNetEffectsOfDerivativeFinancialInstrumentsThatDidNotMetHedgingCriteriaExplanatoryTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfNetEffectsOfDerivativeFinancialInstrumentsThatDidNotMetHedgingCriteriaExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfNetEffectsOfDerivativeFinancialInstrumentsThatDidNotMetHedgingCriteriaExplanatoryTableTextBlock" xlink:to="lab_fmx_DisclosureOfNetEffectsOfDerivativeFinancialInstrumentsThatDidNotMetHedgingCriteriaExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory_019b3310-03bf-728c-b71b-363bd40618bd_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provisions</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for provisions [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForProvisionsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SeriesLSharesMember_019b3310-0272-7ff5-9c7b-4a51ccaddd3b_terseLabel_en-US" xlink:label="lab_fmx_SeriesLSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series L shares</link:label>
    <link:label id="lab_fmx_SeriesLSharesMember_label_en-US" xlink:label="lab_fmx_SeriesLSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series L Shares [Member]</link:label>
    <link:label id="lab_fmx_SeriesLSharesMember_documentation_en-US" xlink:label="lab_fmx_SeriesLSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common stock series L.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SeriesLSharesMember" xlink:href="fmx-20251231.xsd#fmx_SeriesLSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SeriesLSharesMember" xlink:to="lab_fmx_SeriesLSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_EffectsOfTaxesPaidOnPreviousYears_019b3310-0272-7ffd-ae22-1c72d9a0efad_terseLabel_en-US" xlink:label="lab_fmx_EffectsOfTaxesPaidOnPreviousYears" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest and penalties of previous years taxes</link:label>
    <link:label id="lab_fmx_EffectsOfTaxesPaidOnPreviousYears_label_en-US" xlink:label="lab_fmx_EffectsOfTaxesPaidOnPreviousYears" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effects Of Taxes Paid On Previous Years</link:label>
    <link:label id="lab_fmx_EffectsOfTaxesPaidOnPreviousYears_documentation_en-US" xlink:label="lab_fmx_EffectsOfTaxesPaidOnPreviousYears" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of effects of taxes paid on previous years.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_EffectsOfTaxesPaidOnPreviousYears" xlink:href="fmx-20251231.xsd#fmx_EffectsOfTaxesPaidOnPreviousYears"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_EffectsOfTaxesPaidOnPreviousYears" xlink:to="lab_fmx_EffectsOfTaxesPaidOnPreviousYears" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_KOFLUBLMember_019b3310-031f-7e4b-aa48-4b3fff1be90d_terseLabel_en-US" xlink:label="lab_fmx_KOFLUBLMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">KOF&#160;UBL</link:label>
    <link:label id="lab_fmx_KOFLUBLMember_label_en-US" xlink:label="lab_fmx_KOFLUBLMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">KOFL UBL [Member]</link:label>
    <link:label id="lab_fmx_KOFLUBLMember_documentation_en-US" xlink:label="lab_fmx_KOFLUBLMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">KOFL.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_KOFLUBLMember" xlink:href="fmx-20251231.xsd#fmx_KOFLUBLMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_KOFLUBLMember" xlink:to="lab_fmx_KOFLUBLMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis_019b3310-03bf-75bf-a43b-5eb5fec5f2c1_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of intangible assets other than goodwill [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of intangible assets other than goodwill [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:to="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeReceivables_019b3310-0272-7c3c-bb87-6a2e9b745af1_terseLabel_en-US" xlink:label="lab_ifrs-full_TradeReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade accounts receivable</link:label>
    <link:label id="lab_ifrs-full_TradeReceivables_label_en-US" xlink:label="lab_ifrs-full_TradeReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade receivables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeReceivables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeReceivables" xlink:to="lab_ifrs-full_TradeReceivables" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SeriesDShareMember_019b3310-0272-7d69-a878-415c18354f76_terseLabel_en-US" xlink:label="lab_fmx_SeriesDShareMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">&#8220;D&#8221;</link:label>
    <link:label id="lab_fmx_SeriesDShareMember_label_en-US" xlink:label="lab_fmx_SeriesDShareMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series D Share [Member]</link:label>
    <link:label id="lab_fmx_SeriesDShareMember_documentation_en-US" xlink:label="lab_fmx_SeriesDShareMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common stock series D.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SeriesDShareMember" xlink:href="fmx-20251231.xsd#fmx_SeriesDShareMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SeriesDShareMember" xlink:to="lab_fmx_SeriesDShareMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_VariableReturnAbstract_019b3310-0272-7dc4-9a59-28f325940b1a_terseLabel_en-US" xlink:label="lab_fmx_VariableReturnAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable return:</link:label>
    <link:label id="lab_fmx_VariableReturnAbstract_label_en-US" xlink:label="lab_fmx_VariableReturnAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Return [abstract]</link:label>
    <link:label id="lab_fmx_VariableReturnAbstract_documentation_en-US" xlink:label="lab_fmx_VariableReturnAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Variable return.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_VariableReturnAbstract" xlink:href="fmx-20251231.xsd#fmx_VariableReturnAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_VariableReturnAbstract" xlink:to="lab_fmx_VariableReturnAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable_019b3310-0272-71d7-a597-f72bda105432_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of sensitivity analysis for actuarial assumptions [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of sensitivity analysis for actuarial assumptions [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable" xlink:to="lab_ifrs-full_DisclosureOfSensitivityAnalysisForActuarialAssumptionsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SupplierFinanceArrangementsAxis_019b3310-03be-73b8-a3ec-e965741785a3_terseLabel_en-US" xlink:label="lab_ifrs-full_SupplierFinanceArrangementsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplier finance arrangements [axis]</link:label>
    <link:label id="lab_ifrs-full_SupplierFinanceArrangementsAxis_label_en-US" xlink:label="lab_ifrs-full_SupplierFinanceArrangementsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Supplier finance arrangements [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SupplierFinanceArrangementsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SupplierFinanceArrangementsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SupplierFinanceArrangementsAxis" xlink:to="lab_ifrs-full_SupplierFinanceArrangementsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DilutedEarningsPerShareFromContinuingOperationsAbstract_019b3310-0320-745f-8eb6-0bf1df34a676_terseLabel_en-US" xlink:label="lab_fmx_DilutedEarningsPerShareFromContinuingOperationsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Diluted earnings per share from continuing operations attributable to equity holders of the parent</link:label>
    <link:label id="lab_fmx_DilutedEarningsPerShareFromContinuingOperationsAbstract_label_en-US" xlink:label="lab_fmx_DilutedEarningsPerShareFromContinuingOperationsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Diluted Earnings Per Share From Continuing Operations [abstract]</link:label>
    <link:label id="lab_fmx_DilutedEarningsPerShareFromContinuingOperationsAbstract_documentation_en-US" xlink:label="lab_fmx_DilutedEarningsPerShareFromContinuingOperationsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Diluted earnings per share from continuing operations.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DilutedEarningsPerShareFromContinuingOperationsAbstract" xlink:href="fmx-20251231.xsd#fmx_DilutedEarningsPerShareFromContinuingOperationsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DilutedEarningsPerShareFromContinuingOperationsAbstract" xlink:to="lab_fmx_DilutedEarningsPerShareFromContinuingOperationsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityShellCompany_019b3310-0272-731c-ac94-9cf389a56298_terseLabel_en-US" xlink:label="lab_dei_EntityShellCompany" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Shell Company</link:label>
    <link:label id="lab_dei_EntityShellCompany_label_en-US" xlink:label="lab_dei_EntityShellCompany" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Shell Company</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityShellCompany" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityShellCompany"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityShellCompany" xlink:to="lab_dei_EntityShellCompany" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TemporaryDifferencesAssociatedWithInvestmentsInSubsidiariesBranchesAndAssociatesAndInterestsInJointVentures_019b3310-0320-7183-9fd0-cefd161532af_terseLabel_en-US" xlink:label="lab_ifrs-full_TemporaryDifferencesAssociatedWithInvestmentsInSubsidiariesBranchesAndAssociatesAndInterestsInJointVentures" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Temporary differences for which tax liability not recognized</link:label>
    <link:label id="lab_ifrs-full_TemporaryDifferencesAssociatedWithInvestmentsInSubsidiariesBranchesAndAssociatesAndInterestsInJointVentures_label_en-US" xlink:label="lab_ifrs-full_TemporaryDifferencesAssociatedWithInvestmentsInSubsidiariesBranchesAndAssociatesAndInterestsInJointVentures" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Temporary differences associated with investments in subsidiaries, branches and associates and interests in joint arrangements for which deferred tax liabilities have not been recognised</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TemporaryDifferencesAssociatedWithInvestmentsInSubsidiariesBranchesAndAssociatesAndInterestsInJointVentures" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TemporaryDifferencesAssociatedWithInvestmentsInSubsidiariesBranchesAndAssociatesAndInterestsInJointVentures"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TemporaryDifferencesAssociatedWithInvestmentsInSubsidiariesBranchesAndAssociatesAndInterestsInJointVentures" xlink:to="lab_ifrs-full_TemporaryDifferencesAssociatedWithInvestmentsInSubsidiariesBranchesAndAssociatesAndInterestsInJointVentures" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_019b3310-03bf-7143-9cce-bc2599998ea3_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">FINANCING ACTIVITIES</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) financing activities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:to="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_MXN_019b3310-031f-7948-a756-dcd4b3067dba_terseLabel_en-US" xlink:label="lab_currency_MXN" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mexican pesos</link:label>
    <link:label id="lab_currency_MXN_label_en-US" xlink:label="lab_currency_MXN" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mexico, Pesos</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_MXN" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_MXN"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_MXN" xlink:to="lab_currency_MXN" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DescriptionOfAccountingPolicyForOtherFinancialAssetsExplanatoryPolicyTextBlock_019b3310-0271-750d-b5e3-ef229a59edc1_terseLabel_en-US" xlink:label="lab_fmx_DescriptionOfAccountingPolicyForOtherFinancialAssetsExplanatoryPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financial assets</link:label>
    <link:label id="lab_fmx_DescriptionOfAccountingPolicyForOtherFinancialAssetsExplanatoryPolicyTextBlock_label_en-US" xlink:label="lab_fmx_DescriptionOfAccountingPolicyForOtherFinancialAssetsExplanatoryPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of Accounting Policy for Other Financial Assets Explanatory [Policy Text Block]</link:label>
    <link:label id="lab_fmx_DescriptionOfAccountingPolicyForOtherFinancialAssetsExplanatoryPolicyTextBlock_documentation_en-US" xlink:label="lab_fmx_DescriptionOfAccountingPolicyForOtherFinancialAssetsExplanatoryPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The description of the entity's accounting policy for other financial assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DescriptionOfAccountingPolicyForOtherFinancialAssetsExplanatoryPolicyTextBlock" xlink:href="fmx-20251231.xsd#fmx_DescriptionOfAccountingPolicyForOtherFinancialAssetsExplanatoryPolicyTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DescriptionOfAccountingPolicyForOtherFinancialAssetsExplanatoryPolicyTextBlock" xlink:to="lab_fmx_DescriptionOfAccountingPolicyForOtherFinancialAssetsExplanatoryPolicyTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesDomain_019b3310-031f-7fdd-950a-c397c940b3a9_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of liabilities [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of liabilities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfLiabilitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfLiabilitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfLiabilitiesDomain" xlink:to="lab_ifrs-full_ClassesOfLiabilitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset_019b3310-031f-7570-94cd-babe3624db9d_negatedLabel_en-US" xlink:label="lab_ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Remeasurements during the&#160;year, net of tax</link:label>
    <link:label id="lab_ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset_019b3310-031f-7560-a63b-6f65c4c93f54_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Remeasurements of the net defined benefit obligation</link:label>
    <link:label id="lab_ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease (increase) in net defined benefit liability (asset) resulting from gain (loss) on remeasurement in other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfChangesInBalanceOfDefinedBenefitObligationForPostEmploymentExplanatoryTableTextBlock_019b3310-031f-7657-86bb-b042e5d15f98_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfChangesInBalanceOfDefinedBenefitObligationForPostEmploymentExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Changes in the Balance of the Defined Benefit Obligation for Post-employment</link:label>
    <link:label id="lab_fmx_DisclosureOfChangesInBalanceOfDefinedBenefitObligationForPostEmploymentExplanatoryTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfChangesInBalanceOfDefinedBenefitObligationForPostEmploymentExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Changes In Balance Of Defined Benefit Obligation for Post-Employment Explanatory [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfChangesInBalanceOfDefinedBenefitObligationForPostEmploymentExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfChangesInBalanceOfDefinedBenefitObligationForPostEmploymentExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of changes in balance of defined benefit obligation for post-employment explanatory.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfChangesInBalanceOfDefinedBenefitObligationForPostEmploymentExplanatoryTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfChangesInBalanceOfDefinedBenefitObligationForPostEmploymentExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfChangesInBalanceOfDefinedBenefitObligationForPostEmploymentExplanatoryTableTextBlock" xlink:to="lab_fmx_DisclosureOfChangesInBalanceOfDefinedBenefitObligationForPostEmploymentExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForInterestExpense_019b3310-019e-74de-a757-dedb15769c1e_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForInterestExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest expense</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForInterestExpense_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForInterestExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for interest expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForInterestExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForInterestExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForInterestExpense" xlink:to="lab_ifrs-full_AdjustmentsForInterestExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevenueFromRenderingOfServicesRelatedPartyTransactions_019b3310-03bf-7725-bf7b-e9cfe54f99fe_terseLabel_en-US" xlink:label="lab_ifrs-full_RevenueFromRenderingOfServicesRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income from related party transaction</link:label>
    <link:label id="lab_ifrs-full_RevenueFromRenderingOfServicesRelatedPartyTransactions_label_en-US" xlink:label="lab_ifrs-full_RevenueFromRenderingOfServicesRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from rendering of services, related party transactions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueFromRenderingOfServicesRelatedPartyTransactions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueFromRenderingOfServicesRelatedPartyTransactions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueFromRenderingOfServicesRelatedPartyTransactions" xlink:to="lab_ifrs-full_RevenueFromRenderingOfServicesRelatedPartyTransactions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComprehensiveIncome_019b3310-0320-794f-b043-c3409e7c03c6_totalLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total other comprehensive income (loss)</link:label>
    <link:label id="lab_ifrs-full_ComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncome" xlink:to="lab_ifrs-full_ComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ServicesProvidedToCustomersMember_019b3310-0320-7c00-a52c-c3f48136f745_terseLabel_en-US" xlink:label="lab_fmx_ServicesProvidedToCustomersMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Services Provided To Customers</link:label>
    <link:label id="lab_fmx_ServicesProvidedToCustomersMember_label_en-US" xlink:label="lab_fmx_ServicesProvidedToCustomersMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Services Provided To Customers [Member]</link:label>
    <link:label id="lab_fmx_ServicesProvidedToCustomersMember_documentation_en-US" xlink:label="lab_fmx_ServicesProvidedToCustomersMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information pertaining to services provided to customers.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ServicesProvidedToCustomersMember" xlink:href="fmx-20251231.xsd#fmx_ServicesProvidedToCustomersMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ServicesProvidedToCustomersMember" xlink:to="lab_fmx_ServicesProvidedToCustomersMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_GrupoFinancieroScotiabankInverlatSAMember_019b3310-0272-7eb0-a699-7bc2ba37d9b7_terseLabel_en-US" xlink:label="lab_fmx_GrupoFinancieroScotiabankInverlatSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Grupo Financiero Scotiabank Inverlat SA</link:label>
    <link:label id="lab_fmx_GrupoFinancieroScotiabankInverlatSAMember_label_en-US" xlink:label="lab_fmx_GrupoFinancieroScotiabankInverlatSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Grupo Financiero Scotiabank Inverlat SA [Member]</link:label>
    <link:label id="lab_fmx_GrupoFinancieroScotiabankInverlatSAMember_documentation_en-US" xlink:label="lab_fmx_GrupoFinancieroScotiabankInverlatSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Grupo Financiero Scotiabank Inverlat SA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_GrupoFinancieroScotiabankInverlatSAMember" xlink:href="fmx-20251231.xsd#fmx_GrupoFinancieroScotiabankInverlatSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_GrupoFinancieroScotiabankInverlatSAMember" xlink:to="lab_fmx_GrupoFinancieroScotiabankInverlatSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations_019b3310-0320-751a-ad53-74dad7474a40_verboseLabel_en-US" xlink:label="lab_ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Diluted earnings per share from continuing operations attributable to equity holders of the parent (in dollars per share)</link:label>
    <link:label id="lab_ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations_019b3310-0320-74d8-bb90-7321625dfa82_netLabel_en-US" xlink:label="lab_ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Diluted earnings per share from continuous operations (in pesos per share)</link:label>
    <link:label id="lab_ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations_label_en-US" xlink:label="lab_ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Diluted earnings (loss) per share from continuing operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations" xlink:to="lab_ifrs-full_DilutedEarningsLossPerShareFromContinuingOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory_019b3310-0272-79c1-984c-d8b8f6fc9b72_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Balances of the Liabilities for Employee Benefits</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of net defined benefit liability (asset) [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory" xlink:to="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_WorkInProgress_019b3310-0447-7d93-9f82-315408bb25e4_terseLabel_en-US" xlink:label="lab_ifrs-full_WorkInProgress" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Work in process</link:label>
    <link:label id="lab_ifrs-full_WorkInProgress_label_en-US" xlink:label="lab_ifrs-full_WorkInProgress" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current work in progress</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WorkInProgress" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WorkInProgress"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WorkInProgress" xlink:to="lab_ifrs-full_WorkInProgress" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_019b3310-0272-7c90-acda-6a9b35239f9f_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basis of Preparation</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of basis of preparation of financial statements [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CommodityPriceContractsMember_019b3310-0272-7989-9010-d555acc4ef7e_terseLabel_en-US" xlink:label="lab_fmx_CommodityPriceContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commodity price contracts</link:label>
    <link:label id="lab_fmx_CommodityPriceContractsMember_label_en-US" xlink:label="lab_fmx_CommodityPriceContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commodity Price Contracts [Member]</link:label>
    <link:label id="lab_fmx_CommodityPriceContractsMember_documentation_en-US" xlink:label="lab_fmx_CommodityPriceContractsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commodity contract.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CommodityPriceContractsMember" xlink:href="fmx-20251231.xsd#fmx_CommodityPriceContractsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CommodityPriceContractsMember" xlink:to="lab_fmx_CommodityPriceContractsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_UnhedgedPortionBankLoansMember_019b3310-0320-7d4a-812c-3f483a46817e_terseLabel_en-US" xlink:label="lab_fmx_UnhedgedPortionBankLoansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unhedged Portion Bank Loans</link:label>
    <link:label id="lab_fmx_UnhedgedPortionBankLoansMember_label_en-US" xlink:label="lab_fmx_UnhedgedPortionBankLoansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unhedged Portion Bank Loans [member]</link:label>
    <link:label id="lab_fmx_UnhedgedPortionBankLoansMember_documentation_en-US" xlink:label="lab_fmx_UnhedgedPortionBankLoansMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unhedged portion bank loans.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_UnhedgedPortionBankLoansMember" xlink:href="fmx-20251231.xsd#fmx_UnhedgedPortionBankLoansMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_UnhedgedPortionBankLoansMember" xlink:to="lab_fmx_UnhedgedPortionBankLoansMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_EURMXNMember_019b3310-0320-79af-ab36-e493454543fb_terseLabel_en-US" xlink:label="lab_fmx_EURMXNMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">EUR/MXN</link:label>
    <link:label id="lab_fmx_EURMXNMember_label_en-US" xlink:label="lab_fmx_EURMXNMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">EUR/MXN [Member]</link:label>
    <link:label id="lab_fmx_EURMXNMember_documentation_en-US" xlink:label="lab_fmx_EURMXNMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">EUR/MXN</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_EURMXNMember" xlink:href="fmx-20251231.xsd#fmx_EURMXNMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_EURMXNMember" xlink:to="lab_fmx_EURMXNMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SurplusDeficitInPlanAbstract_019b3310-031f-74e4-a0ab-a8720719e4b7_terseLabel_en-US" xlink:label="lab_ifrs-full_SurplusDeficitInPlanAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial:</link:label>
    <link:label id="lab_ifrs-full_SurplusDeficitInPlanAbstract_label_en-US" xlink:label="lab_ifrs-full_SurplusDeficitInPlanAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Surplus (deficit) in plan [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SurplusDeficitInPlanAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SurplusDeficitInPlanAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SurplusDeficitInPlanAbstract" xlink:to="lab_ifrs-full_SurplusDeficitInPlanAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_019b3310-0271-730c-87d7-9ffdd4bfb9fc_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_label_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFiscalPeriodFocus" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalPeriodFocus"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalPeriodFocus" xlink:to="lab_dei_DocumentFiscalPeriodFocus" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PurchaseOfCashInvestments_019b3310-03bf-78c1-8f83-99f2637c9725_negatedTerseLabel_en-US" xlink:label="lab_fmx_PurchaseOfCashInvestments" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Purchases of cash investments</link:label>
    <link:label id="lab_fmx_PurchaseOfCashInvestments_label_en-US" xlink:label="lab_fmx_PurchaseOfCashInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase Of Cash Investments</link:label>
    <link:label id="lab_fmx_PurchaseOfCashInvestments_documentation_en-US" xlink:label="lab_fmx_PurchaseOfCashInvestments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Purchase Of Cash Investments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PurchaseOfCashInvestments" xlink:href="fmx-20251231.xsd#fmx_PurchaseOfCashInvestments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PurchaseOfCashInvestments" xlink:to="lab_fmx_PurchaseOfCashInvestments" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CreditContracts_019b3310-031f-7eed-a2f7-4c3914d75da3_terseLabel_en-US" xlink:label="lab_fmx_CreditContracts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit contracts</link:label>
    <link:label id="lab_fmx_CreditContracts_label_en-US" xlink:label="lab_fmx_CreditContracts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Contracts</link:label>
    <link:label id="lab_fmx_CreditContracts_documentation_en-US" xlink:label="lab_fmx_CreditContracts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Credit contracts.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CreditContracts" xlink:href="fmx-20251231.xsd#fmx_CreditContracts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CreditContracts" xlink:to="lab_fmx_CreditContracts" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersFromConstructionInProgressPropertyPlantAndEquipment_019b3310-031f-77b5-96ce-b310590d44fc_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersFromConstructionInProgressPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfer of completed projects in progress</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersFromConstructionInProgressPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersFromConstructionInProgressPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through transfers from construction in progress, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughTransfersFromConstructionInProgressPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughTransfersFromConstructionInProgressPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughTransfersFromConstructionInProgressPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughTransfersFromConstructionInProgressPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_FEMSAEntityExcludingCocaColaFEMSAMember_019b3310-0320-7d0a-90ea-0ba5c3bd7986_terseLabel_en-US" xlink:label="lab_fmx_FEMSAEntityExcludingCocaColaFEMSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">FEMSA Entity Excluding Coca-Cola FEMSA</link:label>
    <link:label id="lab_fmx_FEMSAEntityExcludingCocaColaFEMSAMember_label_en-US" xlink:label="lab_fmx_FEMSAEntityExcludingCocaColaFEMSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">FEMSA Entity Excluding Coca-Cola FEMSA [Member]</link:label>
    <link:label id="lab_fmx_FEMSAEntityExcludingCocaColaFEMSAMember_documentation_en-US" xlink:label="lab_fmx_FEMSAEntityExcludingCocaColaFEMSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information pertaining to all components of the entity excluding Coca-Cola FEMSA.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_FEMSAEntityExcludingCocaColaFEMSAMember" xlink:href="fmx-20251231.xsd#fmx_FEMSAEntityExcludingCocaColaFEMSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_FEMSAEntityExcludingCocaColaFEMSAMember" xlink:to="lab_fmx_FEMSAEntityExcludingCocaColaFEMSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_InvestmentsInAssociatesExcludingGoodwillAndOtherAdjustments_019b3310-0272-7545-aed9-a0a409246ead_terseLabel_en-US" xlink:label="lab_fmx_InvestmentsInAssociatesExcludingGoodwillAndOtherAdjustments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment in IFS TopCo investment exclusive of goodwill</link:label>
    <link:label id="lab_fmx_InvestmentsInAssociatesExcludingGoodwillAndOtherAdjustments_label_en-US" xlink:label="lab_fmx_InvestmentsInAssociatesExcludingGoodwillAndOtherAdjustments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments In Associates Excluding Goodwill And Other Adjustments</link:label>
    <link:label id="lab_fmx_InvestmentsInAssociatesExcludingGoodwillAndOtherAdjustments_documentation_en-US" xlink:label="lab_fmx_InvestmentsInAssociatesExcludingGoodwillAndOtherAdjustments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investments in associates excluding goodwill and other adjustments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_InvestmentsInAssociatesExcludingGoodwillAndOtherAdjustments" xlink:href="fmx-20251231.xsd#fmx_InvestmentsInAssociatesExcludingGoodwillAndOtherAdjustments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_InvestmentsInAssociatesExcludingGoodwillAndOtherAdjustments" xlink:to="lab_fmx_InvestmentsInAssociatesExcludingGoodwillAndOtherAdjustments" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Assets_019b3310-03bf-7cd3-ac7b-df09c764410e_totalLabel_en-US" xlink:label="lab_ifrs-full_Assets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">TOTAL ASSETS</link:label>
    <link:label id="lab_ifrs-full_Assets_019b3310-03bf-78af-a35c-60118e54e8f6_verboseLabel_en-US" xlink:label="lab_ifrs-full_Assets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_ifrs-full_Assets_label_en-US" xlink:label="lab_ifrs-full_Assets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Assets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Assets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Assets" xlink:to="lab_ifrs-full_Assets" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ExpectedVolumeGrowthRatesPercentage_019b3310-0272-78fe-aa29-42ff9ddab4c6_terseLabel_en-US" xlink:label="lab_fmx_ExpectedVolumeGrowthRatesPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected Volume Growth&#160;Rates</link:label>
    <link:label id="lab_fmx_ExpectedVolumeGrowthRatesPercentage_label_en-US" xlink:label="lab_fmx_ExpectedVolumeGrowthRatesPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expected Volume Growth Rates Percentage</link:label>
    <link:label id="lab_fmx_ExpectedVolumeGrowthRatesPercentage_documentation_en-US" xlink:label="lab_fmx_ExpectedVolumeGrowthRatesPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Expected volume growth rates percentage.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ExpectedVolumeGrowthRatesPercentage" xlink:href="fmx-20251231.xsd#fmx_ExpectedVolumeGrowthRatesPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ExpectedVolumeGrowthRatesPercentage" xlink:to="lab_fmx_ExpectedVolumeGrowthRatesPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory_019b3310-0447-7eed-b165-b3baf2705f80_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income taxes</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for income tax [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForIncomeTaxExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AdjustmentsInNonCashPostEmploymentAndOtherNonCurrentEmployeeBenefitObligations_019b3310-031f-71b1-b568-474c6948ef6e_verboseLabel_en-US" xlink:label="lab_fmx_AdjustmentsInNonCashPostEmploymentAndOtherNonCurrentEmployeeBenefitObligations" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Non-cash movements in post-employment and other non-current employee benefits obligations</link:label>
    <link:label id="lab_fmx_AdjustmentsInNonCashPostEmploymentAndOtherNonCurrentEmployeeBenefitObligations_label_en-US" xlink:label="lab_fmx_AdjustmentsInNonCashPostEmploymentAndOtherNonCurrentEmployeeBenefitObligations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments In Non-Cash Post Employment And Other Non-Current Employee Benefit Obligations</link:label>
    <link:label id="lab_fmx_AdjustmentsInNonCashPostEmploymentAndOtherNonCurrentEmployeeBenefitObligations_documentation_en-US" xlink:label="lab_fmx_AdjustmentsInNonCashPostEmploymentAndOtherNonCurrentEmployeeBenefitObligations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustments In Non-Cash Post Employment And Other Non-Current Employee Benefit Obligations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AdjustmentsInNonCashPostEmploymentAndOtherNonCurrentEmployeeBenefitObligations" xlink:href="fmx-20251231.xsd#fmx_AdjustmentsInNonCashPostEmploymentAndOtherNonCurrentEmployeeBenefitObligations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AdjustmentsInNonCashPostEmploymentAndOtherNonCurrentEmployeeBenefitObligations" xlink:to="lab_fmx_AdjustmentsInNonCashPostEmploymentAndOtherNonCurrentEmployeeBenefitObligations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SignificantInvestmentsInAssociatesDomain_019b3310-019e-7fa5-9aff-fe7ce5f238f3_terseLabel_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInAssociatesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Associates [domain]</link:label>
    <link:label id="lab_ifrs-full_SignificantInvestmentsInAssociatesDomain_label_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInAssociatesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Associates [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SignificantInvestmentsInAssociatesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SignificantInvestmentsInAssociatesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SignificantInvestmentsInAssociatesDomain" xlink:to="lab_ifrs-full_SignificantInvestmentsInAssociatesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DeferredTaxAssetsOperatingLossCarryForwardsAdditions_019b3310-03bf-7f42-9702-5cd56034bb6a_terseLabel_en-US" xlink:label="lab_fmx_DeferredTaxAssetsOperatingLossCarryForwardsAdditions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase</link:label>
    <link:label id="lab_fmx_DeferredTaxAssetsOperatingLossCarryForwardsAdditions_label_en-US" xlink:label="lab_fmx_DeferredTaxAssetsOperatingLossCarryForwardsAdditions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets Operating Loss Carry Forwards Additions</link:label>
    <link:label id="lab_fmx_DeferredTaxAssetsOperatingLossCarryForwardsAdditions_documentation_en-US" xlink:label="lab_fmx_DeferredTaxAssetsOperatingLossCarryForwardsAdditions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred tax assets operating loss carry forwards additions.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DeferredTaxAssetsOperatingLossCarryForwardsAdditions" xlink:href="fmx-20251231.xsd#fmx_DeferredTaxAssetsOperatingLossCarryForwardsAdditions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DeferredTaxAssetsOperatingLossCarryForwardsAdditions" xlink:to="lab_fmx_DeferredTaxAssetsOperatingLossCarryForwardsAdditions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement_019b3310-03bf-7c4d-b510-402c3b5bf6ec_periodStartLabel_en-US" xlink:label="lab_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement_019b3310-03bf-7beb-8b65-04435ac8a923_periodEndLabel_en-US" xlink:label="lab_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement_label_en-US" xlink:label="lab_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of other equity instruments outstanding in share-based payment arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" xlink:to="lab_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfChangesInInventoriesTableTextBlock_019b3310-03bf-7645-aa12-95353f0db1ff_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfChangesInInventoriesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Changes in Inventories</link:label>
    <link:label id="lab_fmx_DisclosureOfChangesInInventoriesTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfChangesInInventoriesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Changes In Inventories [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfChangesInInventoriesTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfChangesInInventoriesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of changes in inventories.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfChangesInInventoriesTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfChangesInInventoriesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfChangesInInventoriesTableTextBlock" xlink:to="lab_fmx_DisclosureOfChangesInInventoriesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory_019b3310-031f-7d8a-9eac-632758cdf22a_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business combinations</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for business combinations [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForBusinessCombinationsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ShareDispositionThroughForeignCurrency_019b3310-0272-775b-86f1-1c12eedd712a_terseLabel_en-US" xlink:label="lab_fmx_ShareDispositionThroughForeignCurrency" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share Disposition</link:label>
    <link:label id="lab_fmx_ShareDispositionThroughForeignCurrency_label_en-US" xlink:label="lab_fmx_ShareDispositionThroughForeignCurrency" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Disposition Through Foreign Currency</link:label>
    <link:label id="lab_fmx_ShareDispositionThroughForeignCurrency_documentation_en-US" xlink:label="lab_fmx_ShareDispositionThroughForeignCurrency" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Disposition Through Foreign Currency</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ShareDispositionThroughForeignCurrency" xlink:href="fmx-20251231.xsd#fmx_ShareDispositionThroughForeignCurrency"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ShareDispositionThroughForeignCurrency" xlink:to="lab_fmx_ShareDispositionThroughForeignCurrency" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_EquityMethodInvesteeNameDomain_019b3310-031f-7904-ac60-3914d25f5c14_terseLabel_en-US" xlink:label="lab_srt_EquityMethodInvesteeNameDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment, Name [Domain]</link:label>
    <link:label id="lab_srt_EquityMethodInvesteeNameDomain_label_en-US" xlink:label="lab_srt_EquityMethodInvesteeNameDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment, Name [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_EquityMethodInvesteeNameDomain" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_EquityMethodInvesteeNameDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_EquityMethodInvesteeNameDomain" xlink:to="lab_srt_EquityMethodInvesteeNameDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_TradingSymbol_019b3310-03be-7179-8d45-e5a3b95d5949_terseLabel_en-US" xlink:label="lab_dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trading Symbol</link:label>
    <link:label id="lab_dei_TradingSymbol_label_en-US" xlink:label="lab_dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Symbol</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_TradingSymbol" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_TradingSymbol"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_TradingSymbol" xlink:to="lab_dei_TradingSymbol" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_RecoveriesOfPreviousYears_019b3310-03bf-7000-b266-8e37c837b89a_terseLabel_en-US" xlink:label="lab_fmx_RecoveriesOfPreviousYears" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Recoveries of prior years</link:label>
    <link:label id="lab_fmx_RecoveriesOfPreviousYears_label_en-US" xlink:label="lab_fmx_RecoveriesOfPreviousYears" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Recoveries Of Previous Years</link:label>
    <link:label id="lab_fmx_RecoveriesOfPreviousYears_documentation_en-US" xlink:label="lab_fmx_RecoveriesOfPreviousYears" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Recoveries of previous years.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_RecoveriesOfPreviousYears" xlink:href="fmx-20251231.xsd#fmx_RecoveriesOfPreviousYears"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_RecoveriesOfPreviousYears" xlink:to="lab_fmx_RecoveriesOfPreviousYears" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AmountsReceivableRelatedPartyTransactions_019b3310-031f-7de4-b37e-6d3d7bca2985_terseLabel_en-US" xlink:label="lab_ifrs-full_AmountsReceivableRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Account receivable with related party transaction</link:label>
    <link:label id="lab_ifrs-full_AmountsReceivableRelatedPartyTransactions_label_en-US" xlink:label="lab_ifrs-full_AmountsReceivableRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amounts receivable, related party transactions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AmountsReceivableRelatedPartyTransactions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AmountsReceivableRelatedPartyTransactions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AmountsReceivableRelatedPartyTransactions" xlink:to="lab_ifrs-full_AmountsReceivableRelatedPartyTransactions" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfExchangeRatesLineItems_019b3310-0272-7b92-9ea3-44c56f3ffd65_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfExchangeRatesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of exchange rates [Line Items]</link:label>
    <link:label id="lab_fmx_DisclosureOfExchangeRatesLineItems_label_en-US" xlink:label="lab_fmx_DisclosureOfExchangeRatesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Exchange Rates [line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfExchangeRatesLineItems_documentation_en-US" xlink:label="lab_fmx_DisclosureOfExchangeRatesLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of exchange rates.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfExchangeRatesLineItems" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfExchangeRatesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfExchangeRatesLineItems" xlink:to="lab_fmx_DisclosureOfExchangeRatesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfInterestRatesAxis_019b3310-0271-7987-96b7-c4e13ff3cf70_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfInterestRatesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of interest rates [axis]</link:label>
    <link:label id="lab_ifrs-full_TypesOfInterestRatesAxis_label_en-US" xlink:label="lab_ifrs-full_TypesOfInterestRatesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of interest rates [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfInterestRatesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfInterestRatesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfInterestRatesAxis" xlink:to="lab_ifrs-full_TypesOfInterestRatesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BusinessDisposalsIntangibleAssetsAndGoodwill_019b3310-019e-7fa7-9487-83635c04b58a_negatedTerseLabel_en-US" xlink:label="lab_fmx_BusinessDisposalsIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Business disposals</link:label>
    <link:label id="lab_fmx_BusinessDisposalsIntangibleAssetsAndGoodwill_label_en-US" xlink:label="lab_fmx_BusinessDisposalsIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Disposals, Intangible Assets And Goodwill</link:label>
    <link:label id="lab_fmx_BusinessDisposalsIntangibleAssetsAndGoodwill_documentation_en-US" xlink:label="lab_fmx_BusinessDisposalsIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Disposals, Intangible Assets And Goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BusinessDisposalsIntangibleAssetsAndGoodwill" xlink:href="fmx-20251231.xsd#fmx_BusinessDisposalsIntangibleAssetsAndGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BusinessDisposalsIntangibleAssetsAndGoodwill" xlink:to="lab_fmx_BusinessDisposalsIntangibleAssetsAndGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Revenue_019b3310-03bf-7b5b-9ff0-93a1fd3abed7_terseLabel_en-US" xlink:label="lab_ifrs-full_Revenue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:label id="lab_ifrs-full_Revenue_label_en-US" xlink:label="lab_ifrs-full_Revenue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Revenue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Revenue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Revenue" xlink:to="lab_ifrs-full_Revenue" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PurchaseOfOtherFinancialAssetsClassifiedAsInvestingActivities_019b3310-019e-7e74-8be2-35e0d0785bb9_negatedLabel_en-US" xlink:label="lab_fmx_PurchaseOfOtherFinancialAssetsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other non-current assets</link:label>
    <link:label id="lab_fmx_PurchaseOfOtherFinancialAssetsClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_fmx_PurchaseOfOtherFinancialAssetsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase Of Other Financial Assets Classified As Investing Activities</link:label>
    <link:label id="lab_fmx_PurchaseOfOtherFinancialAssetsClassifiedAsInvestingActivities_documentation_en-US" xlink:label="lab_fmx_PurchaseOfOtherFinancialAssetsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Purchase of other financial assets classified as investing activities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PurchaseOfOtherFinancialAssetsClassifiedAsInvestingActivities" xlink:href="fmx-20251231.xsd#fmx_PurchaseOfOtherFinancialAssetsClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PurchaseOfOtherFinancialAssetsClassifiedAsInvestingActivities" xlink:to="lab_fmx_PurchaseOfOtherFinancialAssetsClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressCityOrTown_019b3310-03bf-743e-b47f-4c075e4afdfe_terseLabel_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:label id="lab_dei_EntityAddressCityOrTown_label_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCityOrTown" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCityOrTown"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressCityOrTown" xlink:to="lab_dei_EntityAddressCityOrTown" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ForwardContractMember_019b3310-031f-7608-9f37-46f700b2fb7b_terseLabel_en-US" xlink:label="lab_ifrs-full_ForwardContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign exchange forward contracts</link:label>
    <link:label id="lab_ifrs-full_ForwardContractMember_label_en-US" xlink:label="lab_ifrs-full_ForwardContractMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Forward contract [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ForwardContractMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ForwardContractMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ForwardContractMember" xlink:to="lab_ifrs-full_ForwardContractMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfBorrowingsExplanatory_019b3310-0272-741e-8411-4736ce673efa_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bank Loans and Notes Payable</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfBorrowingsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of borrowings [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBorrowingsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ChangesInInventoriesOfFinishedGoodsAndWorkInProgress_019b3310-0272-7eab-823f-e0f63fd88cf4_terseLabel_en-US" xlink:label="lab_ifrs-full_ChangesInInventoriesOfFinishedGoodsAndWorkInProgress" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in inventories of finished goods and work in process</link:label>
    <link:label id="lab_ifrs-full_ChangesInInventoriesOfFinishedGoodsAndWorkInProgress_label_en-US" xlink:label="lab_ifrs-full_ChangesInInventoriesOfFinishedGoodsAndWorkInProgress" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease (increase) in inventories of finished goods and work in progress</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ChangesInInventoriesOfFinishedGoodsAndWorkInProgress" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ChangesInInventoriesOfFinishedGoodsAndWorkInProgress"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ChangesInInventoriesOfFinishedGoodsAndWorkInProgress" xlink:to="lab_ifrs-full_ChangesInInventoriesOfFinishedGoodsAndWorkInProgress" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_019b3310-0320-72fb-8ed0-856f15be3830_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current assets held for sale</link:label>
    <link:label id="lab_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_label_en-US" xlink:label="lab_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current assets or disposal groups classified as held for sale or as held for distribution to owners</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:to="lab_ifrs-full_NoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IssuedCapitalMember_019b3310-0272-76ef-93eb-c52ca1ab064c_terseLabel_en-US" xlink:label="lab_ifrs-full_IssuedCapitalMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital Stock</link:label>
    <link:label id="lab_ifrs-full_IssuedCapitalMember_019beddd-10f3-737e-aa55-a62baddabf90_verboseLabel_en-US" xlink:label="lab_ifrs-full_IssuedCapitalMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Shares outstanding</link:label>
    <link:label id="lab_ifrs-full_IssuedCapitalMember_label_en-US" xlink:label="lab_ifrs-full_IssuedCapitalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Issued capital [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IssuedCapitalMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IssuedCapitalMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IssuedCapitalMember" xlink:to="lab_ifrs-full_IssuedCapitalMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SubSeriesDLSharesMember_019b3310-0271-74e9-a363-9c8bc327a0b8_terseLabel_en-US" xlink:label="lab_fmx_SubSeriesDLSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sub series D-L shares</link:label>
    <link:label id="lab_fmx_SubSeriesDLSharesMember_label_en-US" xlink:label="lab_fmx_SubSeriesDLSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sub Series D-L Shares [Member]</link:label>
    <link:label id="lab_fmx_SubSeriesDLSharesMember_documentation_en-US" xlink:label="lab_fmx_SubSeriesDLSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common stock series D L.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SubSeriesDLSharesMember" xlink:href="fmx-20251231.xsd#fmx_SubSeriesDLSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SubSeriesDLSharesMember" xlink:to="lab_fmx_SubSeriesDLSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ShorttermBorrowings_019b3310-03bf-7d87-94c1-d3029de9536a_terseLabel_en-US" xlink:label="lab_ifrs-full_ShorttermBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bank loans and notes payable</link:label>
    <link:label id="lab_ifrs-full_ShorttermBorrowings_label_en-US" xlink:label="lab_ifrs-full_ShorttermBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShorttermBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShorttermBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShorttermBorrowings" xlink:to="lab_ifrs-full_ShorttermBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherNoncurrentLiabilities_019b3310-0271-7cb3-b636-3ba0b10edf02_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ifrs-full_OtherNoncurrentLiabilities_label_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other non-current liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherNoncurrentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherNoncurrentLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherNoncurrentLiabilities" xlink:to="lab_ifrs-full_OtherNoncurrentLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfOtherProvisionsDomain_019b3310-031f-71db-abac-12ed75c62b22_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfOtherProvisionsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of other provisions [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfOtherProvisionsDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfOtherProvisionsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of other provisions [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfOtherProvisionsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfOtherProvisionsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfOtherProvisionsDomain" xlink:to="lab_ifrs-full_ClassesOfOtherProvisionsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_RightOfUseAssetsFromLeasesMember_019b3310-03be-791a-882f-808688dda443_terseLabel_en-US" xlink:label="lab_fmx_RightOfUseAssetsFromLeasesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Right of use Assets</link:label>
    <link:label id="lab_fmx_RightOfUseAssetsFromLeasesMember_label_en-US" xlink:label="lab_fmx_RightOfUseAssetsFromLeasesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Right of use Assets from leases [Member]</link:label>
    <link:label id="lab_fmx_RightOfUseAssetsFromLeasesMember_documentation_en-US" xlink:label="lab_fmx_RightOfUseAssetsFromLeasesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Right of use from leases</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_RightOfUseAssetsFromLeasesMember" xlink:href="fmx-20251231.xsd#fmx_RightOfUseAssetsFromLeasesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_RightOfUseAssetsFromLeasesMember" xlink:to="lab_fmx_RightOfUseAssetsFromLeasesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherReservesMember_019b3310-03be-7b1e-aef3-03cc2404d368_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherReservesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other reserves</link:label>
    <link:label id="lab_ifrs-full_OtherReservesMember_label_en-US" xlink:label="lab_ifrs-full_OtherReservesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other reserves [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherReservesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherReservesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherReservesMember" xlink:to="lab_ifrs-full_OtherReservesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthersFVTPL_019b3310-0272-7e7e-b25d-6fd38854ca4d_terseLabel_en-US" xlink:label="lab_fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthersFVTPL" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other investments measured at FVTPL</link:label>
    <link:label id="lab_fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthersFVTPL_label_en-US" xlink:label="lab_fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthersFVTPL" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Non Current Financial Assets Classified As Others FVTPL</link:label>
    <link:label id="lab_fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthersFVTPL_documentation_en-US" xlink:label="lab_fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthersFVTPL" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Non Current Financial Assets Classified As Others FVTPL</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthersFVTPL" xlink:href="fmx-20251231.xsd#fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthersFVTPL"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthersFVTPL" xlink:to="lab_fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthersFVTPL" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInformationAboutKeyManagementPersonnelExplanatory_019b3310-0320-7965-be45-09aff6616cde_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInformationAboutKeyManagementPersonnelExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Key Management Remuneration</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInformationAboutKeyManagementPersonnelExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInformationAboutKeyManagementPersonnelExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of information about key management personnel [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInformationAboutKeyManagementPersonnelExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInformationAboutKeyManagementPersonnelExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInformationAboutKeyManagementPersonnelExplanatory" xlink:to="lab_ifrs-full_DisclosureOfInformationAboutKeyManagementPersonnelExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OptionContractMember_019b3310-0272-7272-a4fd-a9cfcbb60980_terseLabel_en-US" xlink:label="lab_ifrs-full_OptionContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Options to purchase foreign currency</link:label>
    <link:label id="lab_ifrs-full_OptionContractMember_label_en-US" xlink:label="lab_ifrs-full_OptionContractMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Option contract [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OptionContractMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OptionContractMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OptionContractMember" xlink:to="lab_ifrs-full_OptionContractMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivities_019b3310-0272-7c30-9bf4-8bb7312c29f8_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash&#160;Flows</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through financing cash flows, liabilities arising from financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivities" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BankOfNYFEMSAUSD2050Member_019b3310-031f-7358-84b5-dbf9698bdcc3_terseLabel_en-US" xlink:label="lab_fmx_BankOfNYFEMSAUSD2050Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bank of NY (FEMSA USD 2050)</link:label>
    <link:label id="lab_fmx_BankOfNYFEMSAUSD2050Member_label_en-US" xlink:label="lab_fmx_BankOfNYFEMSAUSD2050Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bank Of NY (FEMSA USD 2050) [Member]</link:label>
    <link:label id="lab_fmx_BankOfNYFEMSAUSD2050Member_documentation_en-US" xlink:label="lab_fmx_BankOfNYFEMSAUSD2050Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information pertaining to Long Term Borrowings Bank Of NY FEMSA USD 2050.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BankOfNYFEMSAUSD2050Member" xlink:href="fmx-20251231.xsd#fmx_BankOfNYFEMSAUSD2050Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BankOfNYFEMSAUSD2050Member" xlink:to="lab_fmx_BankOfNYFEMSAUSD2050Member" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesTable_019b3310-031f-734d-b78f-600eb4d0fced_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of Balances and Transactions in Foreign Currencies [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesTable_label_en-US" xlink:label="lab_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Balances and Transactions in Foreign Currencies [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesTable_documentation_en-US" xlink:label="lab_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of balances and transactions in foreign currencies.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesTable" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesTable" xlink:to="lab_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable_019b3310-03bf-7478-a9c8-6d5c7e510c9d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of quantitative information about right-of-use assets [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of quantitative information about right-of-use assets [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:to="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityEmergingGrowthCompany_019b3310-0272-726b-b90a-e8ca0487308f_terseLabel_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:label id="lab_dei_EntityEmergingGrowthCompany_label_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityEmergingGrowthCompany" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityEmergingGrowthCompany"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityEmergingGrowthCompany" xlink:to="lab_dei_EntityEmergingGrowthCompany" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ImpactOfHedgingInstrumentsMember_019b3310-0320-7dde-9264-d110483c7442_terseLabel_en-US" xlink:label="lab_fmx_ImpactOfHedgingInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impact Of Hedging Instruments</link:label>
    <link:label id="lab_fmx_ImpactOfHedgingInstrumentsMember_label_en-US" xlink:label="lab_fmx_ImpactOfHedgingInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impact Of Hedging Instruments [Member]</link:label>
    <link:label id="lab_fmx_ImpactOfHedgingInstrumentsMember_documentation_en-US" xlink:label="lab_fmx_ImpactOfHedgingInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information pertaining to hedging instruments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ImpactOfHedgingInstrumentsMember" xlink:href="fmx-20251231.xsd#fmx_ImpactOfHedgingInstrumentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ImpactOfHedgingInstrumentsMember" xlink:to="lab_fmx_ImpactOfHedgingInstrumentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherPrepaidExpenses_019b3310-031f-74ce-8c13-74fe975e9c3f_terseLabel_en-US" xlink:label="lab_fmx_OtherPrepaidExpenses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Others</link:label>
    <link:label id="lab_fmx_OtherPrepaidExpenses_label_en-US" xlink:label="lab_fmx_OtherPrepaidExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Prepaid Expenses</link:label>
    <link:label id="lab_fmx_OtherPrepaidExpenses_documentation_en-US" xlink:label="lab_fmx_OtherPrepaidExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other prepaid expenses.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherPrepaidExpenses" xlink:href="fmx-20251231.xsd#fmx_OtherPrepaidExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherPrepaidExpenses" xlink:to="lab_fmx_OtherPrepaidExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfOtherCurrentFinancialAssetsExplanatoryTableTextBlock_019b3310-019e-70ce-8fb6-8f0ac70873f5_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfOtherCurrentFinancialAssetsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Other Current Financial Assets</link:label>
    <link:label id="lab_fmx_DisclosureOfOtherCurrentFinancialAssetsExplanatoryTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfOtherCurrentFinancialAssetsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Other Current Financial Assets Explanatory [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfOtherCurrentFinancialAssetsExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfOtherCurrentFinancialAssetsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of Other Current Financial Assets Explanatory</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfOtherCurrentFinancialAssetsExplanatoryTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfOtherCurrentFinancialAssetsExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfOtherCurrentFinancialAssetsExplanatoryTableTextBlock" xlink:to="lab_fmx_DisclosureOfOtherCurrentFinancialAssetsExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ChangeInWeightedAverageCostOfCapitalPercentage_019b3310-031f-7995-89e0-daf1bef1784c_terseLabel_en-US" xlink:label="lab_fmx_ChangeInWeightedAverageCostOfCapitalPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change&#160;in&#160;WACC</link:label>
    <link:label id="lab_fmx_ChangeInWeightedAverageCostOfCapitalPercentage_label_en-US" xlink:label="lab_fmx_ChangeInWeightedAverageCostOfCapitalPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Change In Weighted Average Cost Of Capital Percentage</link:label>
    <link:label id="lab_fmx_ChangeInWeightedAverageCostOfCapitalPercentage_documentation_en-US" xlink:label="lab_fmx_ChangeInWeightedAverageCostOfCapitalPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Change in weighted average cost of capital percentage.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ChangeInWeightedAverageCostOfCapitalPercentage" xlink:href="fmx-20251231.xsd#fmx_ChangeInWeightedAverageCostOfCapitalPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ChangeInWeightedAverageCostOfCapitalPercentage" xlink:to="lab_fmx_ChangeInWeightedAverageCostOfCapitalPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ITEquipmentMember_019b3310-0320-7036-b18d-b12e612e0b28_terseLabel_en-US" xlink:label="lab_fmx_ITEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">IT Equipment</link:label>
    <link:label id="lab_fmx_ITEquipmentMember_label_en-US" xlink:label="lab_fmx_ITEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">IT Equipment [Member]</link:label>
    <link:label id="lab_fmx_ITEquipmentMember_documentation_en-US" xlink:label="lab_fmx_ITEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">IT Equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ITEquipmentMember" xlink:href="fmx-20251231.xsd#fmx_ITEquipmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ITEquipmentMember" xlink:to="lab_fmx_ITEquipmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TrustAssetsFixedReturnPercentage_019b3310-031f-7164-91e8-93962c6d9ce3_terseLabel_en-US" xlink:label="lab_fmx_TrustAssetsFixedReturnPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trust assets fixed return percentage</link:label>
    <link:label id="lab_fmx_TrustAssetsFixedReturnPercentage_label_en-US" xlink:label="lab_fmx_TrustAssetsFixedReturnPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trust Assets Fixed Return Percentage</link:label>
    <link:label id="lab_fmx_TrustAssetsFixedReturnPercentage_documentation_en-US" xlink:label="lab_fmx_TrustAssetsFixedReturnPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Trust assets fixed return percentage.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TrustAssetsFixedReturnPercentage" xlink:href="fmx-20251231.xsd#fmx_TrustAssetsFixedReturnPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TrustAssetsFixedReturnPercentage" xlink:to="lab_fmx_TrustAssetsFixedReturnPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_FixedRate4.375Member_019b3310-03bf-774c-ad97-c407184623d8_terseLabel_en-US" xlink:label="lab_fmx_FixedRate4.375Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fixed Rate 4.375%</link:label>
    <link:label id="lab_fmx_FixedRate4.375Member_label_en-US" xlink:label="lab_fmx_FixedRate4.375Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fixed Rate 4.375% [Member]</link:label>
    <link:label id="lab_fmx_FixedRate4.375Member_documentation_en-US" xlink:label="lab_fmx_FixedRate4.375Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fixed Rate 4.375%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_FixedRate4.375Member" xlink:href="fmx-20251231.xsd#fmx_FixedRate4.375Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_FixedRate4.375Member" xlink:to="lab_fmx_FixedRate4.375Member" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PercentageOfDividendRightsToBePaid_019b3310-03bf-79d9-9288-ebc0c3f44868_terseLabel_en-US" xlink:label="lab_fmx_PercentageOfDividendRightsToBePaid" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividend rights per series (see Note&#160;23.1)</link:label>
    <link:label id="lab_fmx_PercentageOfDividendRightsToBePaid_label_en-US" xlink:label="lab_fmx_PercentageOfDividendRightsToBePaid" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Dividend Rights To be Paid</link:label>
    <link:label id="lab_fmx_PercentageOfDividendRightsToBePaid_documentation_en-US" xlink:label="lab_fmx_PercentageOfDividendRightsToBePaid" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of dividend rights to be paid.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PercentageOfDividendRightsToBePaid" xlink:href="fmx-20251231.xsd#fmx_PercentageOfDividendRightsToBePaid"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PercentageOfDividendRightsToBePaid" xlink:to="lab_fmx_PercentageOfDividendRightsToBePaid" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SubSeriesDBSharesMember_019b3310-019e-79f4-8c16-2d00e7206ba2_terseLabel_en-US" xlink:label="lab_fmx_SubSeriesDBSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sub series D B shares</link:label>
    <link:label id="lab_fmx_SubSeriesDBSharesMember_label_en-US" xlink:label="lab_fmx_SubSeriesDBSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sub Series D B Shares [Member]</link:label>
    <link:label id="lab_fmx_SubSeriesDBSharesMember_documentation_en-US" xlink:label="lab_fmx_SubSeriesDBSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information pertaining to Common stock series DB shares.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SubSeriesDBSharesMember" xlink:href="fmx-20251231.xsd#fmx_SubSeriesDBSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SubSeriesDBSharesMember" xlink:to="lab_fmx_SubSeriesDBSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BasicEarningsPerShareFromContinuingOperationsAbstract_019b3310-019e-7eb4-b66a-e18044ab04a3_terseLabel_en-US" xlink:label="lab_fmx_BasicEarningsPerShareFromContinuingOperationsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic earnings per share from continuing operations attributable to equity holders of the parent</link:label>
    <link:label id="lab_fmx_BasicEarningsPerShareFromContinuingOperationsAbstract_label_en-US" xlink:label="lab_fmx_BasicEarningsPerShareFromContinuingOperationsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Basic Earnings Per Share From Continuing Operations [abstract]</link:label>
    <link:label id="lab_fmx_BasicEarningsPerShareFromContinuingOperationsAbstract_documentation_en-US" xlink:label="lab_fmx_BasicEarningsPerShareFromContinuingOperationsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Basic earnings per share from continuing operations.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BasicEarningsPerShareFromContinuingOperationsAbstract" xlink:href="fmx-20251231.xsd#fmx_BasicEarningsPerShareFromContinuingOperationsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BasicEarningsPerShareFromContinuingOperationsAbstract" xlink:to="lab_fmx_BasicEarningsPerShareFromContinuingOperationsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherNoncurrentNonfinancialAssets_019b3310-0320-72a1-9a8f-529176a83684_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentNonfinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other non-current assets, net</link:label>
    <link:label id="lab_ifrs-full_OtherNoncurrentNonfinancialAssets_019bd0b6-48e2-71e0-983e-ff6f2eb9fa18_verboseLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentNonfinancialAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_ifrs-full_OtherNoncurrentNonfinancialAssets_019b3310-0320-7856-a74a-79f6319da9cf_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentNonfinancialAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total other assets</link:label>
    <link:label id="lab_ifrs-full_OtherNoncurrentNonfinancialAssets_label_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentNonfinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other non-current non-financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherNoncurrentNonfinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherNoncurrentNonfinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherNoncurrentNonfinancialAssets" xlink:to="lab_ifrs-full_OtherNoncurrentNonfinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_EquityAccountedInvesteesClassifiedAsInvestingActivities_019b3310-0272-7acd-9bb9-74f618350d98_negatedLabel_en-US" xlink:label="lab_fmx_EquityAccountedInvesteesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Investment in equity method accounted investees</link:label>
    <link:label id="lab_fmx_EquityAccountedInvesteesClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_fmx_EquityAccountedInvesteesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Accounted Investees Classified As Investing Activities</link:label>
    <link:label id="lab_fmx_EquityAccountedInvesteesClassifiedAsInvestingActivities_documentation_en-US" xlink:label="lab_fmx_EquityAccountedInvesteesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity accounted investees classified as investing activities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_EquityAccountedInvesteesClassifiedAsInvestingActivities" xlink:href="fmx-20251231.xsd#fmx_EquityAccountedInvesteesClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_EquityAccountedInvesteesClassifiedAsInvestingActivities" xlink:to="lab_fmx_EquityAccountedInvesteesClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NumberOfSeriesDLSharesIssued_019b3310-0272-7a43-991e-8719b49925c9_terseLabel_en-US" xlink:label="lab_fmx_NumberOfSeriesDLSharesIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series "D-L" (in shares)</link:label>
    <link:label id="lab_fmx_NumberOfSeriesDLSharesIssued_label_en-US" xlink:label="lab_fmx_NumberOfSeriesDLSharesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Series D L Shares Issued</link:label>
    <link:label id="lab_fmx_NumberOfSeriesDLSharesIssued_documentation_en-US" xlink:label="lab_fmx_NumberOfSeriesDLSharesIssued" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of series D-L shares issued.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NumberOfSeriesDLSharesIssued" xlink:href="fmx-20251231.xsd#fmx_NumberOfSeriesDLSharesIssued"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NumberOfSeriesDLSharesIssued" xlink:to="lab_fmx_NumberOfSeriesDLSharesIssued" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TIIEPlusZeroPointZeroFivePercentageDebtBondsMaturingOn2026Member_019b3310-03bf-75dd-a0b3-eab5b4195dec_terseLabel_en-US" xlink:label="lab_fmx_TIIEPlusZeroPointZeroFivePercentageDebtBondsMaturingOn2026Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">TIIE Plus Zero Point Zero Five Percentage Debt Bonds Maturing On 2026</link:label>
    <link:label id="lab_fmx_TIIEPlusZeroPointZeroFivePercentageDebtBondsMaturingOn2026Member_label_en-US" xlink:label="lab_fmx_TIIEPlusZeroPointZeroFivePercentageDebtBondsMaturingOn2026Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">TIIE Plus Zero Point Zero Five Percentage Debt Bonds Maturing On 2026 [Member]</link:label>
    <link:label id="lab_fmx_TIIEPlusZeroPointZeroFivePercentageDebtBondsMaturingOn2026Member_documentation_en-US" xlink:label="lab_fmx_TIIEPlusZeroPointZeroFivePercentageDebtBondsMaturingOn2026Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to TIIE Plus Zero Point Zero Five Percentage Debt Bonds Maturing On 2026.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TIIEPlusZeroPointZeroFivePercentageDebtBondsMaturingOn2026Member" xlink:href="fmx-20251231.xsd#fmx_TIIEPlusZeroPointZeroFivePercentageDebtBondsMaturingOn2026Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TIIEPlusZeroPointZeroFivePercentageDebtBondsMaturingOn2026Member" xlink:to="lab_fmx_TIIEPlusZeroPointZeroFivePercentageDebtBondsMaturingOn2026Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisposalsPropertyPlantAndEquipment_019b3310-0271-7230-b3f7-348b82c587eb_negatedLabel_en-US" xlink:label="lab_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Disposals</link:label>
    <link:label id="lab_ifrs-full_DisposalsPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposals, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisposalsPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DeferredTaxAssetsOperatingLossCarryForwardsUsageOfTaxLosses_019b3310-0320-7095-86a1-810245abc66c_negatedLabel_en-US" xlink:label="lab_fmx_DeferredTaxAssetsOperatingLossCarryForwardsUsageOfTaxLosses" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Usage of tax losses</link:label>
    <link:label id="lab_fmx_DeferredTaxAssetsOperatingLossCarryForwardsUsageOfTaxLosses_label_en-US" xlink:label="lab_fmx_DeferredTaxAssetsOperatingLossCarryForwardsUsageOfTaxLosses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets Operating Loss Carry Forwards Usage Of Tax Losses</link:label>
    <link:label id="lab_fmx_DeferredTaxAssetsOperatingLossCarryForwardsUsageOfTaxLosses_documentation_en-US" xlink:label="lab_fmx_DeferredTaxAssetsOperatingLossCarryForwardsUsageOfTaxLosses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred tax assets operating loss carry forwards usage of tax losses.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DeferredTaxAssetsOperatingLossCarryForwardsUsageOfTaxLosses" xlink:href="fmx-20251231.xsd#fmx_DeferredTaxAssetsOperatingLossCarryForwardsUsageOfTaxLosses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DeferredTaxAssetsOperatingLossCarryForwardsUsageOfTaxLosses" xlink:to="lab_fmx_DeferredTaxAssetsOperatingLossCarryForwardsUsageOfTaxLosses" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentPrepaidExpenses_019b3310-0271-763b-971c-32a5ec49e393_verboseLabel_en-US" xlink:label="lab_ifrs-full_CurrentPrepaidExpenses" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Prepaid expenses</link:label>
    <link:label id="lab_ifrs-full_CurrentPrepaidExpenses_019b3310-0271-70a7-aea6-285422285dbb_totalLabel_en-US" xlink:label="lab_ifrs-full_CurrentPrepaidExpenses" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Current prepaid expenses</link:label>
    <link:label id="lab_ifrs-full_CurrentPrepaidExpenses_label_en-US" xlink:label="lab_ifrs-full_CurrentPrepaidExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current prepaid expenses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentPrepaidExpenses" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentPrepaidExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentPrepaidExpenses" xlink:to="lab_ifrs-full_CurrentPrepaidExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ConstructionInProgressMember_019b3310-03bf-7cb9-93f7-0373dd8a9c26_terseLabel_en-US" xlink:label="lab_ifrs-full_ConstructionInProgressMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments in Fixed Assets in Progress</link:label>
    <link:label id="lab_ifrs-full_ConstructionInProgressMember_label_en-US" xlink:label="lab_ifrs-full_ConstructionInProgressMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Construction in progress [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ConstructionInProgressMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ConstructionInProgressMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ConstructionInProgressMember" xlink:to="lab_ifrs-full_ConstructionInProgressMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CostsToSellOrFromDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation_019b3310-03bf-7e09-b95d-faba9642edae_negatedTerseLabel_en-US" xlink:label="lab_fmx_CostsToSellOrFromDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Expenses related to the sale</link:label>
    <link:label id="lab_fmx_CostsToSellOrFromDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation_label_en-US" xlink:label="lab_fmx_CostsToSellOrFromDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Costs To Sell Or From Disposal Of Assets Or Disposal Groups Constituting Discontinued Operation</link:label>
    <link:label id="lab_fmx_CostsToSellOrFromDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation_documentation_en-US" xlink:label="lab_fmx_CostsToSellOrFromDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Costs To Sell Or From Disposal Of Assets Or Disposal Groups Constituting Discontinued Operation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CostsToSellOrFromDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation" xlink:href="fmx-20251231.xsd#fmx_CostsToSellOrFromDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CostsToSellOrFromDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation" xlink:to="lab_fmx_CostsToSellOrFromDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TechnologybasedIntangibleAssetsMember_019b3310-0271-7f5a-b61a-af9666bd561f_terseLabel_en-US" xlink:label="lab_ifrs-full_TechnologybasedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Technology cost</link:label>
    <link:label id="lab_ifrs-full_TechnologybasedIntangibleAssetsMember_label_en-US" xlink:label="lab_ifrs-full_TechnologybasedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Technology-based intangible assets [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TechnologybasedIntangibleAssetsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TechnologybasedIntangibleAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TechnologybasedIntangibleAssetsMember" xlink:to="lab_ifrs-full_TechnologybasedIntangibleAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfRemeasurementsOfNetDefinedBenefitLiabilityRecognizedInOtherComprehensiveIncomeExplanatoryTableTextBlock_019b3310-03bf-7b19-b671-46be426771cf_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfRemeasurementsOfNetDefinedBenefitLiabilityRecognizedInOtherComprehensiveIncomeExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Remeasurements of Net Defined Benefit Liability Recognized in Accumulated Other Comprehensive Income</link:label>
    <link:label id="lab_fmx_DisclosureOfRemeasurementsOfNetDefinedBenefitLiabilityRecognizedInOtherComprehensiveIncomeExplanatoryTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfRemeasurementsOfNetDefinedBenefitLiabilityRecognizedInOtherComprehensiveIncomeExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Remeasurements Of Net Defined Benefit Liability Recognized In Other Comprehensive Income Explanatory [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfRemeasurementsOfNetDefinedBenefitLiabilityRecognizedInOtherComprehensiveIncomeExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfRemeasurementsOfNetDefinedBenefitLiabilityRecognizedInOtherComprehensiveIncomeExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of remeasurements of net defined benefit liability recognized in other comprehensive income explanatory.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfRemeasurementsOfNetDefinedBenefitLiabilityRecognizedInOtherComprehensiveIncomeExplanatoryTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfRemeasurementsOfNetDefinedBenefitLiabilityRecognizedInOtherComprehensiveIncomeExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfRemeasurementsOfNetDefinedBenefitLiabilityRecognizedInOtherComprehensiveIncomeExplanatoryTableTextBlock" xlink:to="lab_fmx_DisclosureOfRemeasurementsOfNetDefinedBenefitLiabilityRecognizedInOtherComprehensiveIncomeExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PostRetirementMedicalServicesMember_019b3310-0320-75fd-9750-5fd9c0b318e9_terseLabel_en-US" xlink:label="lab_fmx_PostRetirementMedicalServicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Post Retirement Medical Services</link:label>
    <link:label id="lab_fmx_PostRetirementMedicalServicesMember_label_en-US" xlink:label="lab_fmx_PostRetirementMedicalServicesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Post Retirement Medical Services [Member]</link:label>
    <link:label id="lab_fmx_PostRetirementMedicalServicesMember_documentation_en-US" xlink:label="lab_fmx_PostRetirementMedicalServicesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Post retirement medical services.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PostRetirementMedicalServicesMember" xlink:href="fmx-20251231.xsd#fmx_PostRetirementMedicalServicesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PostRetirementMedicalServicesMember" xlink:to="lab_fmx_PostRetirementMedicalServicesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AssetsAbstract_019b3310-03be-763c-be6d-4deeceffabbd_terseLabel_en-US" xlink:label="lab_ifrs-full_AssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ASSETS</link:label>
    <link:label id="lab_ifrs-full_AssetsAbstract_label_en-US" xlink:label="lab_ifrs-full_AssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AssetsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AssetsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssetsAbstract" xlink:to="lab_ifrs-full_AssetsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ShareRepurchaseProgramSharesReacquired_019b3310-0320-7603-be83-4ba3bd719482_terseLabel_en-US" xlink:label="lab_fmx_ShareRepurchaseProgramSharesReacquired" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares reacquired (in shares)</link:label>
    <link:label id="lab_fmx_ShareRepurchaseProgramSharesReacquired_label_en-US" xlink:label="lab_fmx_ShareRepurchaseProgramSharesReacquired" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Repurchase Program, Shares Reacquired</link:label>
    <link:label id="lab_fmx_ShareRepurchaseProgramSharesReacquired_documentation_en-US" xlink:label="lab_fmx_ShareRepurchaseProgramSharesReacquired" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Repurchase Program, Shares Reacquired</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ShareRepurchaseProgramSharesReacquired" xlink:href="fmx-20251231.xsd#fmx_ShareRepurchaseProgramSharesReacquired"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ShareRepurchaseProgramSharesReacquired" xlink:to="lab_fmx_ShareRepurchaseProgramSharesReacquired" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PrepaidBilateralLoansWithMaturityOfAugust2026Member_019b3310-0447-77f0-a13f-469ebc04d2a6_terseLabel_en-US" xlink:label="lab_fmx_PrepaidBilateralLoansWithMaturityOfAugust2026Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prepaid bilateral loans with maturity of August 2026</link:label>
    <link:label id="lab_fmx_PrepaidBilateralLoansWithMaturityOfAugust2026Member_label_en-US" xlink:label="lab_fmx_PrepaidBilateralLoansWithMaturityOfAugust2026Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prepaid bilateral loans with maturity of August 2026 [Member]</link:label>
    <link:label id="lab_fmx_PrepaidBilateralLoansWithMaturityOfAugust2026Member_documentation_en-US" xlink:label="lab_fmx_PrepaidBilateralLoansWithMaturityOfAugust2026Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">It represent the prepaid bilateral loans denominated in Mexico Peso with maturity date of August 2026.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PrepaidBilateralLoansWithMaturityOfAugust2026Member" xlink:href="fmx-20251231.xsd#fmx_PrepaidBilateralLoansWithMaturityOfAugust2026Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PrepaidBilateralLoansWithMaturityOfAugust2026Member" xlink:to="lab_fmx_PrepaidBilateralLoansWithMaturityOfAugust2026Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RightofuseAssetsMember_019b3310-0271-7650-9544-841a7b287e94_terseLabel_en-US" xlink:label="lab_ifrs-full_RightofuseAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Right-of-use assets</link:label>
    <link:label id="lab_ifrs-full_RightofuseAssetsMember_label_en-US" xlink:label="lab_ifrs-full_RightofuseAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Right-of-use assets [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RightofuseAssetsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RightofuseAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RightofuseAssetsMember" xlink:to="lab_ifrs-full_RightofuseAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfInvestmentsInAssociatesAndJointVenturesLineItems_019b3310-03bf-7564-8c77-c22aeddccb70_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfInvestmentsInAssociatesAndJointVenturesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Method Accounted Investees</link:label>
    <link:label id="lab_fmx_DisclosureOfInvestmentsInAssociatesAndJointVenturesLineItems_label_en-US" xlink:label="lab_fmx_DisclosureOfInvestmentsInAssociatesAndJointVenturesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Investments In Associates And Joint Ventures [Line Items]</link:label>
    <link:label id="lab_fmx_DisclosureOfInvestmentsInAssociatesAndJointVenturesLineItems_documentation_en-US" xlink:label="lab_fmx_DisclosureOfInvestmentsInAssociatesAndJointVenturesLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of Investments in Associates and Joint Ventures [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfInvestmentsInAssociatesAndJointVenturesLineItems" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfInvestmentsInAssociatesAndJointVenturesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfInvestmentsInAssociatesAndJointVenturesLineItems" xlink:to="lab_fmx_DisclosureOfInvestmentsInAssociatesAndJointVenturesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_VariableToFixedInterestRateMember_019b3310-03bf-7b22-9a2b-d1e9505dbe8f_terseLabel_en-US" xlink:label="lab_fmx_VariableToFixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable to fixed interest rate</link:label>
    <link:label id="lab_fmx_VariableToFixedInterestRateMember_label_en-US" xlink:label="lab_fmx_VariableToFixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable To Fixed Interest Rate [Member]</link:label>
    <link:label id="lab_fmx_VariableToFixedInterestRateMember_documentation_en-US" xlink:label="lab_fmx_VariableToFixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Variable to fixed interest rate.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_VariableToFixedInterestRateMember" xlink:href="fmx-20251231.xsd#fmx_VariableToFixedInterestRateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_VariableToFixedInterestRateMember" xlink:to="lab_fmx_VariableToFixedInterestRateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanThreeMonthsAndNotLaterThanFourMonthsMember_019b3310-03bf-706b-95cb-0e06916b098b_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanThreeMonthsAndNotLaterThanFourMonthsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">91&#8209;120&#160;days</link:label>
    <link:label id="lab_ifrs-full_LaterThanThreeMonthsAndNotLaterThanFourMonthsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanThreeMonthsAndNotLaterThanFourMonthsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than three months and not later than four months [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanThreeMonthsAndNotLaterThanFourMonthsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanThreeMonthsAndNotLaterThanFourMonthsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanThreeMonthsAndNotLaterThanFourMonthsMember" xlink:to="lab_ifrs-full_LaterThanThreeMonthsAndNotLaterThanFourMonthsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ShortTermForeignCurrencyFinancialAssets_019b3310-03bf-7fe8-aceb-69fb2417e785_terseLabel_en-US" xlink:label="lab_fmx_ShortTermForeignCurrencyFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-Term Assets</link:label>
    <link:label id="lab_fmx_ShortTermForeignCurrencyFinancialAssets_label_en-US" xlink:label="lab_fmx_ShortTermForeignCurrencyFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short Term Foreign Currency Financial Assets</link:label>
    <link:label id="lab_fmx_ShortTermForeignCurrencyFinancialAssets_documentation_en-US" xlink:label="lab_fmx_ShortTermForeignCurrencyFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Short term foreign currency financial assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ShortTermForeignCurrencyFinancialAssets" xlink:href="fmx-20251231.xsd#fmx_ShortTermForeignCurrencyFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ShortTermForeignCurrencyFinancialAssets" xlink:to="lab_fmx_ShortTermForeignCurrencyFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevaluationIncreaseDecreaseIntangibleAssetsOtherThanGoodwill_019b3310-03bf-7c4c-a672-d88decff24c7_terseLabel_en-US" xlink:label="lab_ifrs-full_RevaluationIncreaseDecreaseIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in fair value of past acquisitions</link:label>
    <link:label id="lab_ifrs-full_RevaluationIncreaseDecreaseIntangibleAssetsOtherThanGoodwill_label_en-US" xlink:label="lab_ifrs-full_RevaluationIncreaseDecreaseIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revaluation increase (decrease), intangible assets other than goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevaluationIncreaseDecreaseIntangibleAssetsOtherThanGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevaluationIncreaseDecreaseIntangibleAssetsOtherThanGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevaluationIncreaseDecreaseIntangibleAssetsOtherThanGoodwill" xlink:to="lab_ifrs-full_RevaluationIncreaseDecreaseIntangibleAssetsOtherThanGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfParentEntityInformationLineItems_019b3310-019e-7a03-80c4-7f0a296ae199_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfParentEntityInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Parent Entity Information [line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfParentEntityInformationLineItems_label_en-US" xlink:label="lab_fmx_DisclosureOfParentEntityInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Parent Entity Information [line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfParentEntityInformationLineItems_documentation_en-US" xlink:label="lab_fmx_DisclosureOfParentEntityInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Line item related to disclosure of parent entity information.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfParentEntityInformationLineItems" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfParentEntityInformationLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfParentEntityInformationLineItems" xlink:to="lab_fmx_DisclosureOfParentEntityInformationLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentAssetsAbstract_019b3310-0272-75d9-9bfa-c41c07209ccb_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CURRENT ASSETS</link:label>
    <link:label id="lab_ifrs-full_CurrentAssetsAbstract_label_en-US" xlink:label="lab_ifrs-full_CurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current assets [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentAssetsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentAssetsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentAssetsAbstract" xlink:to="lab_ifrs-full_CurrentAssetsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherCurrentPayables_019b3310-0271-75f3-b031-c93c73913dc1_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherCurrentPayables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ifrs-full_OtherCurrentPayables_label_en-US" xlink:label="lab_ifrs-full_OtherCurrentPayables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other current payables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherCurrentPayables" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherCurrentPayables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherCurrentPayables" xlink:to="lab_ifrs-full_OtherCurrentPayables" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling_019b3310-019e-7ade-a542-d1f459732f6f_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Changes in the effect of limiting a net defined benefit asset to the asset ceiling</link:label>
    <link:label id="lab_ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling_label_en-US" xlink:label="lab_ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease (increase) in net defined benefit liability (asset) resulting from gain (loss) on changes in effect of limiting net defined benefit asset to asset ceiling excluding interest income or expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" xlink:to="lab_ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressPostalZipCode_019b3310-03be-77f6-9a42-adfa719ae5a5_terseLabel_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:label id="lab_dei_EntityAddressPostalZipCode_label_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressPostalZipCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressPostalZipCode" xlink:to="lab_dei_EntityAddressPostalZipCode" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevenueAbstract_label_en-US" xlink:label="lab_ifrs-full_RevenueAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueAbstract" xlink:to="lab_ifrs-full_RevenueAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentAssetsAbstract_019b3310-0272-73d1-abc5-356746008a69_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">NON CURRENT ASSETS</link:label>
    <link:label id="lab_ifrs-full_NoncurrentAssetsAbstract_label_en-US" xlink:label="lab_ifrs-full_NoncurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current assets [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentAssetsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentAssetsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentAssetsAbstract" xlink:to="lab_ifrs-full_NoncurrentAssetsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfAssociatesAndJointVenturesLineItems_019b3310-03bf-77e4-8830-dafbd1a37563_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfAssociatesAndJointVenturesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Method Accounted Investees</link:label>
    <link:label id="lab_fmx_DisclosureOfAssociatesAndJointVenturesLineItems_label_en-US" xlink:label="lab_fmx_DisclosureOfAssociatesAndJointVenturesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Associates And Joint Ventures [Line Items]</link:label>
    <link:label id="lab_fmx_DisclosureOfAssociatesAndJointVenturesLineItems_documentation_en-US" xlink:label="lab_fmx_DisclosureOfAssociatesAndJointVenturesLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Line items represent concepts included in a table. These concepts are used to disclose reportable information about associate and joint ventures associated with domain members defined in one or many axes of the table.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfAssociatesAndJointVenturesLineItems" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfAssociatesAndJointVenturesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfAssociatesAndJointVenturesLineItems" xlink:to="lab_fmx_DisclosureOfAssociatesAndJointVenturesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_WriteDownForDamagedAssetsBeforeInsuranceRecovery_019b3310-03bf-75c2-92b7-832ba488e196_totalLabel_en-US" xlink:label="lab_fmx_WriteDownForDamagedAssetsBeforeInsuranceRecovery" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Subtotal</link:label>
    <link:label id="lab_fmx_WriteDownForDamagedAssetsBeforeInsuranceRecovery_label_en-US" xlink:label="lab_fmx_WriteDownForDamagedAssetsBeforeInsuranceRecovery" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Write Down For Damaged Assets Before Insurance Recovery</link:label>
    <link:label id="lab_fmx_WriteDownForDamagedAssetsBeforeInsuranceRecovery_documentation_en-US" xlink:label="lab_fmx_WriteDownForDamagedAssetsBeforeInsuranceRecovery" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Write Down For Damaged Assets Before Insurance Recovery</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_WriteDownForDamagedAssetsBeforeInsuranceRecovery" xlink:href="fmx-20251231.xsd#fmx_WriteDownForDamagedAssetsBeforeInsuranceRecovery"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_WriteDownForDamagedAssetsBeforeInsuranceRecovery" xlink:to="lab_fmx_WriteDownForDamagedAssetsBeforeInsuranceRecovery" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems_019b3310-0320-7d83-a15c-e236be488495_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of nature and extent of risks arising from financial instruments [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of nature and extent of risks arising from financial instruments [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems" xlink:to="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_019b3310-0271-703b-a37e-01a918e97b3f_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Cash acquired</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents recognised as of acquisition date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:to="lab_ifrs-full_CashAndCashEquivalentsRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfIncomeTaxExplanatory_019b3310-0320-792d-a349-889f5109bf50_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Taxes</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfIncomeTaxExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of income tax [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIncomeTaxExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:to="lab_ifrs-full_DisclosureOfIncomeTaxExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentInformationLineItems_019b3310-0447-77c8-99f7-cdf9a1dbe601_terseLabel_en-US" xlink:label="lab_dei_DocumentInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Information [Line Items]</link:label>
    <link:label id="lab_dei_DocumentInformationLineItems_label_en-US" xlink:label="lab_dei_DocumentInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Information [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentInformationLineItems" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentInformationLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentInformationLineItems" xlink:to="lab_dei_DocumentInformationLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill_019b3310-0320-736b-afe2-43738b053acf_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfer of completed development systems</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through transfers, intangible assets and goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsAndGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SupplierFinanceArrangementsDomain_019b3310-03be-7e09-a19d-48128bc0ff6b_terseLabel_en-US" xlink:label="lab_ifrs-full_SupplierFinanceArrangementsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplier finance arrangements [domain]</link:label>
    <link:label id="lab_ifrs-full_SupplierFinanceArrangementsDomain_label_en-US" xlink:label="lab_ifrs-full_SupplierFinanceArrangementsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Supplier finance arrangements [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SupplierFinanceArrangementsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SupplierFinanceArrangementsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SupplierFinanceArrangementsDomain" xlink:to="lab_ifrs-full_SupplierFinanceArrangementsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue_019b3310-03bf-744a-94bb-bc0746783bcd_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue recognition</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for recognition of revenue [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForRecognitionOfRevenue" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherRevenueMember_019b3310-019e-7b40-8133-b9078711de2c_terseLabel_en-US" xlink:label="lab_fmx_OtherRevenueMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other revenue</link:label>
    <link:label id="lab_fmx_OtherRevenueMember_label_en-US" xlink:label="lab_fmx_OtherRevenueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Revenue [Member]</link:label>
    <link:label id="lab_fmx_OtherRevenueMember_documentation_en-US" xlink:label="lab_fmx_OtherRevenueMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other revenue.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherRevenueMember" xlink:href="fmx-20251231.xsd#fmx_OtherRevenueMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherRevenueMember" xlink:to="lab_fmx_OtherRevenueMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfNonControllingInterestInConsolidatedSubsidiariesLineItems_019b3310-0320-7b29-a576-c382fa61e059_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfNonControllingInterestInConsolidatedSubsidiariesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Non Controlling Interest In Consolidated Subsidiaries [line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfNonControllingInterestInConsolidatedSubsidiariesLineItems_label_en-US" xlink:label="lab_fmx_DisclosureOfNonControllingInterestInConsolidatedSubsidiariesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Non Controlling Interest In Consolidated Subsidiaries [line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfNonControllingInterestInConsolidatedSubsidiariesLineItems_documentation_en-US" xlink:label="lab_fmx_DisclosureOfNonControllingInterestInConsolidatedSubsidiariesLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of non controlling interest in consolidated subsidiaries line items.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfNonControllingInterestInConsolidatedSubsidiariesLineItems" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfNonControllingInterestInConsolidatedSubsidiariesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfNonControllingInterestInConsolidatedSubsidiariesLineItems" xlink:to="lab_fmx_DisclosureOfNonControllingInterestInConsolidatedSubsidiariesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SaleOfInvestmentsPercentage_019b3310-0272-7399-97f8-2a50d8916da6_terseLabel_en-US" xlink:label="lab_fmx_SaleOfInvestmentsPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sale of investment of Heineken</link:label>
    <link:label id="lab_fmx_SaleOfInvestmentsPercentage_label_en-US" xlink:label="lab_fmx_SaleOfInvestmentsPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sale of investments percentage</link:label>
    <link:label id="lab_fmx_SaleOfInvestmentsPercentage_documentation_en-US" xlink:label="lab_fmx_SaleOfInvestmentsPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sale of investments percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SaleOfInvestmentsPercentage" xlink:href="fmx-20251231.xsd#fmx_SaleOfInvestmentsPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SaleOfInvestmentsPercentage" xlink:to="lab_fmx_SaleOfInvestmentsPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestPaidClassifiedAsFinancingActivities_019b3310-0272-7b1c-ac1e-2d7343ebcd4b_negatedLabel_en-US" xlink:label="lab_ifrs-full_InterestPaidClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Interest paid</link:label>
    <link:label id="lab_ifrs-full_InterestPaidClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_InterestPaidClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest paid, classified as financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestPaidClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestPaidClassifiedAsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestPaidClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_InterestPaidClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfOtherCurrentAssetsAndOtherFinancialAssetsExplanatory_019b3310-0320-7ab2-8ff1-f1b4bb39b8a1_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfOtherCurrentAssetsAndOtherFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Current Assets and Other Current Financial Assets</link:label>
    <link:label id="lab_fmx_DisclosureOfOtherCurrentAssetsAndOtherFinancialAssetsExplanatory_label_en-US" xlink:label="lab_fmx_DisclosureOfOtherCurrentAssetsAndOtherFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Other Current Assets And Other Financial Assets [text block]</link:label>
    <link:label id="lab_fmx_DisclosureOfOtherCurrentAssetsAndOtherFinancialAssetsExplanatory_documentation_en-US" xlink:label="lab_fmx_DisclosureOfOtherCurrentAssetsAndOtherFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Entire disclosure of other current assets and other financial assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfOtherCurrentAssetsAndOtherFinancialAssetsExplanatory" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfOtherCurrentAssetsAndOtherFinancialAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfOtherCurrentAssetsAndOtherFinancialAssetsExplanatory" xlink:to="lab_fmx_DisclosureOfOtherCurrentAssetsAndOtherFinancialAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DescriptionOfAccountingPolicyForFinancialLiabilitiesAndEquityInstrumentsExplanatoryPolicyTextBlock_019b3310-0271-7008-b4b4-e44b4f9825ce_terseLabel_en-US" xlink:label="lab_fmx_DescriptionOfAccountingPolicyForFinancialLiabilitiesAndEquityInstrumentsExplanatoryPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities and equity instruments</link:label>
    <link:label id="lab_fmx_DescriptionOfAccountingPolicyForFinancialLiabilitiesAndEquityInstrumentsExplanatoryPolicyTextBlock_label_en-US" xlink:label="lab_fmx_DescriptionOfAccountingPolicyForFinancialLiabilitiesAndEquityInstrumentsExplanatoryPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for financial liabilities and equity instruments explanatory [Policy Text Block]</link:label>
    <link:label id="lab_fmx_DescriptionOfAccountingPolicyForFinancialLiabilitiesAndEquityInstrumentsExplanatoryPolicyTextBlock_documentation_en-US" xlink:label="lab_fmx_DescriptionOfAccountingPolicyForFinancialLiabilitiesAndEquityInstrumentsExplanatoryPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Description of accounting policy for financial liabilities and equity instruments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DescriptionOfAccountingPolicyForFinancialLiabilitiesAndEquityInstrumentsExplanatoryPolicyTextBlock" xlink:href="fmx-20251231.xsd#fmx_DescriptionOfAccountingPolicyForFinancialLiabilitiesAndEquityInstrumentsExplanatoryPolicyTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DescriptionOfAccountingPolicyForFinancialLiabilitiesAndEquityInstrumentsExplanatoryPolicyTextBlock" xlink:to="lab_fmx_DescriptionOfAccountingPolicyForFinancialLiabilitiesAndEquityInstrumentsExplanatoryPolicyTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ForeignExchangeLoss_019bd0ad-804e-742e-87b4-54f7cb5008d8_negatedLabel_en-US" xlink:label="lab_ifrs-full_ForeignExchangeLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Foreign exchange loss of the equity method</link:label>
    <link:label id="lab_ifrs-full_ForeignExchangeLoss_label_en-US" xlink:label="lab_ifrs-full_ForeignExchangeLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign exchange loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ForeignExchangeLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ForeignExchangeLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ForeignExchangeLoss" xlink:to="lab_ifrs-full_ForeignExchangeLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SeniorNotesMaturingOn2033Member_019b3310-031f-7abc-8fbc-67f832811806_terseLabel_en-US" xlink:label="lab_fmx_SeniorNotesMaturingOn2033Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Notes Maturing on 2033</link:label>
    <link:label id="lab_fmx_SeniorNotesMaturingOn2033Member_label_en-US" xlink:label="lab_fmx_SeniorNotesMaturingOn2033Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Notes Maturing on 2033 [Member]</link:label>
    <link:label id="lab_fmx_SeniorNotesMaturingOn2033Member_documentation_en-US" xlink:label="lab_fmx_SeniorNotesMaturingOn2033Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Notes Maturing on 2033</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SeniorNotesMaturingOn2033Member" xlink:href="fmx-20251231.xsd#fmx_SeniorNotesMaturingOn2033Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SeniorNotesMaturingOn2033Member" xlink:to="lab_fmx_SeniorNotesMaturingOn2033Member" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PubliclyTradedSharesMember_019b3310-031f-7319-8ff5-a85ecbd1ca9d_terseLabel_en-US" xlink:label="lab_fmx_PubliclyTradedSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Publicly traded shares</link:label>
    <link:label id="lab_fmx_PubliclyTradedSharesMember_label_en-US" xlink:label="lab_fmx_PubliclyTradedSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Publicly Traded Shares [Member]</link:label>
    <link:label id="lab_fmx_PubliclyTradedSharesMember_documentation_en-US" xlink:label="lab_fmx_PubliclyTradedSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Publicly traded shares.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PubliclyTradedSharesMember" xlink:href="fmx-20251231.xsd#fmx_PubliclyTradedSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PubliclyTradedSharesMember" xlink:to="lab_fmx_PubliclyTradedSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_COP_019bcf93-c266-7861-88bf-f457f7d517c5_verboseLabel_en-US" xlink:label="lab_currency_COP" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Colombian peso</link:label>
    <link:label id="lab_currency_COP_019b3310-03bf-73d4-8152-dd615e85b8b9_terseLabel_en-US" xlink:label="lab_currency_COP" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Colombian pesos</link:label>
    <link:label id="lab_currency_COP_label_en-US" xlink:label="lab_currency_COP" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Colombia, Pesos</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_COP" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_COP"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_COP" xlink:to="lab_currency_COP" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SeniorUnsecuredNotesMember_019b3310-031f-7c28-ab67-9e3b0c3ea850_terseLabel_en-US" xlink:label="lab_fmx_SeniorUnsecuredNotesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior unsecured notes</link:label>
    <link:label id="lab_fmx_SeniorUnsecuredNotesMember_label_en-US" xlink:label="lab_fmx_SeniorUnsecuredNotesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Unsecured Notes [Member]</link:label>
    <link:label id="lab_fmx_SeniorUnsecuredNotesMember_documentation_en-US" xlink:label="lab_fmx_SeniorUnsecuredNotesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Long term borrowings senior unsecured notes.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SeniorUnsecuredNotesMember" xlink:href="fmx-20251231.xsd#fmx_SeniorUnsecuredNotesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SeniorUnsecuredNotesMember" xlink:to="lab_fmx_SeniorUnsecuredNotesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReservesWithinEquityAxis_019b3310-0271-76dd-b07f-b377585b5bfb_terseLabel_en-US" xlink:label="lab_ifrs-full_ReservesWithinEquityAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reserves within equity [axis]</link:label>
    <link:label id="lab_ifrs-full_ReservesWithinEquityAxis_label_en-US" xlink:label="lab_ifrs-full_ReservesWithinEquityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserves within equity [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReservesWithinEquityAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReservesWithinEquityAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReservesWithinEquityAxis" xlink:to="lab_ifrs-full_ReservesWithinEquityAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Cash_019b3310-0272-7b1b-885d-c9e19ab2127e_terseLabel_en-US" xlink:label="lab_ifrs-full_Cash" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and bank balances</link:label>
    <link:label id="lab_ifrs-full_Cash_label_en-US" xlink:label="lab_ifrs-full_Cash" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Cash" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Cash"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Cash" xlink:to="lab_ifrs-full_Cash" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BasisOfPreparationAbstract_label_en-US" xlink:label="lab_fmx_BasisOfPreparationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Basis of Preparation [Abstract]</link:label>
    <link:label id="lab_fmx_BasisOfPreparationAbstract_documentation_en-US" xlink:label="lab_fmx_BasisOfPreparationAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Basis of Preparation [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BasisOfPreparationAbstract" xlink:href="fmx-20251231.xsd#fmx_BasisOfPreparationAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BasisOfPreparationAbstract" xlink:to="lab_fmx_BasisOfPreparationAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TaxCreditsMember_019b3310-03bf-71ec-a87a-cbc8dc9f92cb_terseLabel_en-US" xlink:label="lab_fmx_TaxCreditsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax credits</link:label>
    <link:label id="lab_fmx_TaxCreditsMember_label_en-US" xlink:label="lab_fmx_TaxCreditsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax Credits [Member]</link:label>
    <link:label id="lab_fmx_TaxCreditsMember_documentation_en-US" xlink:label="lab_fmx_TaxCreditsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tax credits.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TaxCreditsMember" xlink:href="fmx-20251231.xsd#fmx_TaxCreditsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TaxCreditsMember" xlink:to="lab_fmx_TaxCreditsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityInvestmentsMember_019b3310-03bf-72b3-9a71-2b0c95c08ee0_terseLabel_en-US" xlink:label="lab_ifrs-full_EquityInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity investments</link:label>
    <link:label id="lab_ifrs-full_EquityInvestmentsMember_label_en-US" xlink:label="lab_ifrs-full_EquityInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity investments [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityInvestmentsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityInvestmentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityInvestmentsMember" xlink:to="lab_ifrs-full_EquityInvestmentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RelatedPartyTransactionsAbstract_019b3310-0272-7b93-ad81-69f1e53c1fa4_terseLabel_en-US" xlink:label="lab_ifrs-full_RelatedPartyTransactionsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of transactions between related parties [line items]</link:label>
    <link:label id="lab_ifrs-full_RelatedPartyTransactionsAbstract_label_en-US" xlink:label="lab_ifrs-full_RelatedPartyTransactionsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Related party transactions [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RelatedPartyTransactionsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RelatedPartyTransactionsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RelatedPartyTransactionsAbstract" xlink:to="lab_ifrs-full_RelatedPartyTransactionsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IfrsStatementLineItems_019b3310-03bf-70b6-9755-126439f67330_terseLabel_en-US" xlink:label="lab_fmx_IfrsStatementLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement [Line Items]</link:label>
    <link:label id="lab_fmx_IfrsStatementLineItems_label_en-US" xlink:label="lab_fmx_IfrsStatementLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement [Line Items]</link:label>
    <link:label id="lab_fmx_IfrsStatementLineItems_documentation_en-US" xlink:label="lab_fmx_IfrsStatementLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IfrsStatementLineItems" xlink:href="fmx-20251231.xsd#fmx_IfrsStatementLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IfrsStatementLineItems" xlink:to="lab_fmx_IfrsStatementLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherLiabilities1Member_019b3310-03bf-7aaf-9be2-198bbe1fbb54_terseLabel_en-US" xlink:label="lab_fmx_OtherLiabilities1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:label id="lab_fmx_OtherLiabilities1Member_label_en-US" xlink:label="lab_fmx_OtherLiabilities1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other liabilities, 1 [Member]</link:label>
    <link:label id="lab_fmx_OtherLiabilities1Member_documentation_en-US" xlink:label="lab_fmx_OtherLiabilities1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Primary financial statement caption encompassing other liabilities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherLiabilities1Member" xlink:href="fmx-20251231.xsd#fmx_OtherLiabilities1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherLiabilities1Member" xlink:to="lab_fmx_OtherLiabilities1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_019b3310-031f-7e8c-afa1-6abaedbd36ee_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INVESTING ACTIVITIES</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) investing activities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:to="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CommodityPriceRiskMember_019b3310-019e-74db-ab85-3796594ac687_terseLabel_en-US" xlink:label="lab_ifrs-full_CommodityPriceRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commodity price risk</link:label>
    <link:label id="lab_ifrs-full_CommodityPriceRiskMember_label_en-US" xlink:label="lab_ifrs-full_CommodityPriceRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commodity price risk [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CommodityPriceRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CommodityPriceRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CommodityPriceRiskMember" xlink:to="lab_ifrs-full_CommodityPriceRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_019b3310-0320-7f26-bc98-57847e9cb550_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Employees&#180;contributions</link:label>
    <link:label id="lab_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease (increase) in net defined benefit liability (asset) resulting from contributions to plan by plan participants</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfDefinedBenefitPlansExpenseRecognizedInIncomeStatementTableTextBlock_019b3310-03bf-7c36-ac9a-46845606fb18_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfDefinedBenefitPlansExpenseRecognizedInIncomeStatementTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Employee Benefit Expenses Recognized in Consolidated Income Statements</link:label>
    <link:label id="lab_fmx_DisclosureOfDefinedBenefitPlansExpenseRecognizedInIncomeStatementTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfDefinedBenefitPlansExpenseRecognizedInIncomeStatementTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Defined Benefit Plans Expense Recognized In Income Statement [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfDefinedBenefitPlansExpenseRecognizedInIncomeStatementTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfDefinedBenefitPlansExpenseRecognizedInIncomeStatementTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of Defined Benefit Plans Expense Recognized in Income Statement [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfDefinedBenefitPlansExpenseRecognizedInIncomeStatementTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfDefinedBenefitPlansExpenseRecognizedInIncomeStatementTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfDefinedBenefitPlansExpenseRecognizedInIncomeStatementTableTextBlock" xlink:to="lab_fmx_DisclosureOfDefinedBenefitPlansExpenseRecognizedInIncomeStatementTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_RecentlyIssuedAccountingStandardsNotYetInEffectAbstract_label_en-US" xlink:label="lab_fmx_RecentlyIssuedAccountingStandardsNotYetInEffectAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Recently Issued Accounting Standards Not Yet in Effect [Abstract]</link:label>
    <link:label id="lab_fmx_RecentlyIssuedAccountingStandardsNotYetInEffectAbstract_documentation_en-US" xlink:label="lab_fmx_RecentlyIssuedAccountingStandardsNotYetInEffectAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Recently Issued Accounting Standards Not Yet in Effect</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_RecentlyIssuedAccountingStandardsNotYetInEffectAbstract" xlink:href="fmx-20251231.xsd#fmx_RecentlyIssuedAccountingStandardsNotYetInEffectAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_RecentlyIssuedAccountingStandardsNotYetInEffectAbstract" xlink:to="lab_fmx_RecentlyIssuedAccountingStandardsNotYetInEffectAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_EuroZoneMember_019b3310-019e-7ebb-9dc0-43e8987b820d_terseLabel_en-US" xlink:label="lab_fmx_EuroZoneMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Euro Zone</link:label>
    <link:label id="lab_fmx_EuroZoneMember_label_en-US" xlink:label="lab_fmx_EuroZoneMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Euro Zone [Member]</link:label>
    <link:label id="lab_fmx_EuroZoneMember_documentation_en-US" xlink:label="lab_fmx_EuroZoneMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Euro zone.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_EuroZoneMember" xlink:href="fmx-20251231.xsd#fmx_EuroZoneMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_EuroZoneMember" xlink:to="lab_fmx_EuroZoneMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_FixedReturnAbstract_019b3310-03bf-7389-bad0-342c679ac111_terseLabel_en-US" xlink:label="lab_fmx_FixedReturnAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fixed return:</link:label>
    <link:label id="lab_fmx_FixedReturnAbstract_label_en-US" xlink:label="lab_fmx_FixedReturnAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fixed Return [abstract]</link:label>
    <link:label id="lab_fmx_FixedReturnAbstract_documentation_en-US" xlink:label="lab_fmx_FixedReturnAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fixed return.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_FixedReturnAbstract" xlink:href="fmx-20251231.xsd#fmx_FixedReturnAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_FixedReturnAbstract" xlink:to="lab_fmx_FixedReturnAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_019bd0ce-597b-79a8-805a-a0f59ed9bc89_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gains (losses) on the remeasurement of the value of derivative instruments</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on change in fair value of derivatives</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:to="lab_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncentiveProgramAwardsVestingPeriod_019b3310-0320-71db-8073-69f0f76888c2_terseLabel_en-US" xlink:label="lab_fmx_IncentiveProgramAwardsVestingPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vesting period</link:label>
    <link:label id="lab_fmx_IncentiveProgramAwardsVestingPeriod_label_en-US" xlink:label="lab_fmx_IncentiveProgramAwardsVestingPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Incentive Program, Awards Vesting Period</link:label>
    <link:label id="lab_fmx_IncentiveProgramAwardsVestingPeriod_documentation_en-US" xlink:label="lab_fmx_IncentiveProgramAwardsVestingPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The vesting period for awards under the incentive program.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncentiveProgramAwardsVestingPeriod" xlink:href="fmx-20251231.xsd#fmx_IncentiveProgramAwardsVestingPeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncentiveProgramAwardsVestingPeriod" xlink:to="lab_fmx_IncentiveProgramAwardsVestingPeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfReconciliationOfChangesInDeferredTaxLiabilityAssetExplanatoryTableTextBlock_019b3310-0272-7b48-9d47-1d18a378b4c6_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfReconciliationOfChangesInDeferredTaxLiabilityAssetExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Changes in Net Deferred Income Tax Asset</link:label>
    <link:label id="lab_fmx_DisclosureOfReconciliationOfChangesInDeferredTaxLiabilityAssetExplanatoryTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfReconciliationOfChangesInDeferredTaxLiabilityAssetExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Reconciliation Of Changes In Deferred Tax Liability Asset Explanatory [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfReconciliationOfChangesInDeferredTaxLiabilityAssetExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfReconciliationOfChangesInDeferredTaxLiabilityAssetExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of reconciliation of changes in deferred tax liability asset.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfReconciliationOfChangesInDeferredTaxLiabilityAssetExplanatoryTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfReconciliationOfChangesInDeferredTaxLiabilityAssetExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfReconciliationOfChangesInDeferredTaxLiabilityAssetExplanatoryTableTextBlock" xlink:to="lab_fmx_DisclosureOfReconciliationOfChangesInDeferredTaxLiabilityAssetExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_019b3310-0271-7445-8d1f-db110c0116e2_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Issuance (purchased) share-based compensation plans</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_019b3310-0271-778e-98e6-78193a390da3_verboseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Share based payment</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through share-based payment transactions, equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss_019b3310-0447-7cfd-ad21-3e1639978c2f_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial instruments (current asset)</link:label>
    <link:label id="lab_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current financial assets at fair value through profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="lab_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SpareParts_019b3310-0320-7535-b6b9-26bfcd3fdc4e_terseLabel_en-US" xlink:label="lab_ifrs-full_SpareParts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Spare parts</link:label>
    <link:label id="lab_ifrs-full_SpareParts_label_en-US" xlink:label="lab_ifrs-full_SpareParts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current spare parts</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SpareParts" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SpareParts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SpareParts" xlink:to="lab_ifrs-full_SpareParts" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncreaseDecreaseInForeignCurrencyExchangeRate_019b3310-03bf-7b17-a435-ba0616c3b3bd_terseLabel_en-US" xlink:label="lab_fmx_IncreaseDecreaseInForeignCurrencyExchangeRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase decrease in foreign currency exchange rate</link:label>
    <link:label id="lab_fmx_IncreaseDecreaseInForeignCurrencyExchangeRate_label_en-US" xlink:label="lab_fmx_IncreaseDecreaseInForeignCurrencyExchangeRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase Decrease In Foreign Currency Exchange Rate</link:label>
    <link:label id="lab_fmx_IncreaseDecreaseInForeignCurrencyExchangeRate_documentation_en-US" xlink:label="lab_fmx_IncreaseDecreaseInForeignCurrencyExchangeRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase decrease in foreign currency exchange rate.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncreaseDecreaseInForeignCurrencyExchangeRate" xlink:href="fmx-20251231.xsd#fmx_IncreaseDecreaseInForeignCurrencyExchangeRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncreaseDecreaseInForeignCurrencyExchangeRate" xlink:to="lab_fmx_IncreaseDecreaseInForeignCurrencyExchangeRate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BasicEarningsLossPerShareFromDiscontinuedOperations_019bcc38-5461-7b85-9380-43dc868a0d0a_verboseLabel_en-US" xlink:label="lab_ifrs-full_BasicEarningsLossPerShareFromDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Basic earnings per share from discontinued operations attributable to equity holders of the parent (in pesos per share)</link:label>
    <link:label id="lab_ifrs-full_BasicEarningsLossPerShareFromDiscontinuedOperations_019b3310-03bf-712e-aa75-c4a7ff7d7206_terseLabel_en-US" xlink:label="lab_ifrs-full_BasicEarningsLossPerShareFromDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic earnings per share from discontinued operations (in pesos per share)</link:label>
    <link:label id="lab_ifrs-full_BasicEarningsLossPerShareFromDiscontinuedOperations_label_en-US" xlink:label="lab_ifrs-full_BasicEarningsLossPerShareFromDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Basic earnings (loss) per share from discontinued operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BasicEarningsLossPerShareFromDiscontinuedOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BasicEarningsLossPerShareFromDiscontinuedOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BasicEarningsLossPerShareFromDiscontinuedOperations" xlink:to="lab_ifrs-full_BasicEarningsLossPerShareFromDiscontinuedOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_019bd1f9-8f60-76ff-815b-5d5e82f80637_verboseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Exchange differences on translating foreign operations</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_019b3310-0320-7904-8b62-3831173976fe_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange differences on translation of foreign operation</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, net of tax, exchange differences on translation of foreign operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentAssets_019b3310-0320-71cc-8a1d-b1ca813082ec_totalLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total non-current assets</link:label>
    <link:label id="lab_ifrs-full_NoncurrentAssets_019b3310-0320-7a7b-9565-e0b043354a32_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total non-current assets</link:label>
    <link:label id="lab_ifrs-full_NoncurrentAssets_label_en-US" xlink:label="lab_ifrs-full_NoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentAssets" xlink:to="lab_ifrs-full_NoncurrentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLoss_019b3310-03bf-73d2-a9fc-b2e36516d855_terseLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share of the other comprehensive income of equity method accounted investees</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income tax relating to share of other comprehensive income of associates and joint ventures accounted for using equity method that will be reclassified to profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxRelatingToShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxRelatingToShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLoss" xlink:to="lab_ifrs-full_IncomeTaxRelatingToShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_JuicesMember_019b3310-0320-708f-8baa-65c429296c29_terseLabel_en-US" xlink:label="lab_fmx_JuicesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Juices</link:label>
    <link:label id="lab_fmx_JuicesMember_label_en-US" xlink:label="lab_fmx_JuicesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Juices [Member]</link:label>
    <link:label id="lab_fmx_JuicesMember_documentation_en-US" xlink:label="lab_fmx_JuicesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Juices.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_JuicesMember" xlink:href="fmx-20251231.xsd#fmx_JuicesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_JuicesMember" xlink:to="lab_fmx_JuicesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate_019b3310-0272-7bda-a3c3-79cbced10260_terseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Economic ownership percentage</link:label>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate_label_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in associate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProportionOfOwnershipInterestInAssociate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:to="lab_ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LaterThanSixYearsAndNotLaterThanTenYearsMember_019b3310-0271-727a-8c75-48ec34a98a22_terseLabel_en-US" xlink:label="lab_fmx_LaterThanSixYearsAndNotLaterThanTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2030</link:label>
    <link:label id="lab_fmx_LaterThanSixYearsAndNotLaterThanTenYearsMember_label_en-US" xlink:label="lab_fmx_LaterThanSixYearsAndNotLaterThanTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than six years and not later than ten years [Member]</link:label>
    <link:label id="lab_fmx_LaterThanSixYearsAndNotLaterThanTenYearsMember_documentation_en-US" xlink:label="lab_fmx_LaterThanSixYearsAndNotLaterThanTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information pertaining to a time band of later than five years and not later than six years.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LaterThanSixYearsAndNotLaterThanTenYearsMember" xlink:href="fmx-20251231.xsd#fmx_LaterThanSixYearsAndNotLaterThanTenYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LaterThanSixYearsAndNotLaterThanTenYearsMember" xlink:to="lab_fmx_LaterThanSixYearsAndNotLaterThanTenYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations_019b3310-031f-7935-976a-cd2365f0d0e7_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash generated by operating activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations_019b3310-031f-7ea9-af40-e5a2fa24420d_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net cash flows generated from operating activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) operating activities, continuing operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations" xlink:to="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesContinuingOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TaxCreditRecoveryPayment_019b3310-031f-76b5-ad3a-650e3cb246a5_terseLabel_en-US" xlink:label="lab_fmx_TaxCreditRecoveryPayment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax credit recovery payment to former shareholders</link:label>
    <link:label id="lab_fmx_TaxCreditRecoveryPayment_label_en-US" xlink:label="lab_fmx_TaxCreditRecoveryPayment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax Credit Recovery Payment</link:label>
    <link:label id="lab_fmx_TaxCreditRecoveryPayment_documentation_en-US" xlink:label="lab_fmx_TaxCreditRecoveryPayment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tax Credit Recovery Payment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TaxCreditRecoveryPayment" xlink:href="fmx-20251231.xsd#fmx_TaxCreditRecoveryPayment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TaxCreditRecoveryPayment" xlink:to="lab_fmx_TaxCreditRecoveryPayment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDefinedBenefitPlansTable_019b3310-03be-7eaf-8057-57bf178db27d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of defined benefit plans [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDefinedBenefitPlansTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of defined benefit plans [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:to="lab_ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory_019b3310-03be-796a-aa15-d6ccec41e114_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Other Income and Expenses</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of other operating income (expense) [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ClassOfStock1Axis_019b3310-03bf-79d2-8f93-e5454499e64c_terseLabel_en-US" xlink:label="lab_fmx_ClassOfStock1Axis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class Of Stock [Axis]</link:label>
    <link:label id="lab_fmx_ClassOfStock1Axis_label_en-US" xlink:label="lab_fmx_ClassOfStock1Axis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class Of Stock, 1 [Axis]</link:label>
    <link:label id="lab_fmx_ClassOfStock1Axis_documentation_en-US" xlink:label="lab_fmx_ClassOfStock1Axis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class of stock.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ClassOfStock1Axis" xlink:href="fmx-20251231.xsd#fmx_ClassOfStock1Axis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ClassOfStock1Axis" xlink:to="lab_fmx_ClassOfStock1Axis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_019b3310-0272-7efd-baf9-22e06a2f2917_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of property, plant and equipment [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of property, plant and equipment [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:to="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_019b3310-0320-774a-9b82-1e228af5b822_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Foreign exchange loss (gain) , net</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign exchange gain (loss)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:to="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_CRC_019b3310-0320-7dc0-ba0f-e85227dbf899_terseLabel_en-US" xlink:label="lab_currency_CRC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Colon</link:label>
    <link:label id="lab_currency_CRC_label_en-US" xlink:label="lab_currency_CRC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Costa Rica, Colones</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_CRC" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_CRC"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_CRC" xlink:to="lab_currency_CRC" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PrepaidInsurance1_019b3310-0272-74cc-8c54-122cb3ff10f2_terseLabel_en-US" xlink:label="lab_fmx_PrepaidInsurance1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prepaid insurance</link:label>
    <link:label id="lab_fmx_PrepaidInsurance1_label_en-US" xlink:label="lab_fmx_PrepaidInsurance1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prepaid Insurance 1</link:label>
    <link:label id="lab_fmx_PrepaidInsurance1_documentation_en-US" xlink:label="lab_fmx_PrepaidInsurance1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Prepaid insurance 1.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PrepaidInsurance1" xlink:href="fmx-20251231.xsd#fmx_PrepaidInsurance1"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PrepaidInsurance1" xlink:to="lab_fmx_PrepaidInsurance1" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis_019b3310-03bf-7155-8d8e-1893c00387ae_terseLabel_en-US" xlink:label="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash-generating units [axis]</link:label>
    <link:label id="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis_label_en-US" xlink:label="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash-generating units [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:to="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain_019b3310-0271-778b-b1e9-0a728f646630_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of property, plant and equipment [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of property, plant and equipment [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" xlink:to="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ActuarialAssumptionsDomain_019b3310-0272-782f-8144-cea2dc8d8c35_terseLabel_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Actuarial assumptions [domain]</link:label>
    <link:label id="lab_ifrs-full_ActuarialAssumptionsDomain_label_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Actuarial assumptions [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ActuarialAssumptionsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionsDomain" xlink:to="lab_ifrs-full_ActuarialAssumptionsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NotLaterThanOneMonthMember_019b3310-019e-73da-8378-89a21490891f_terseLabel_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneMonthMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">0&#8209;30&#160;days</link:label>
    <link:label id="lab_ifrs-full_NotLaterThanOneMonthMember_label_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneMonthMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Not later than one month [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NotLaterThanOneMonthMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NotLaterThanOneMonthMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NotLaterThanOneMonthMember" xlink:to="lab_ifrs-full_NotLaterThanOneMonthMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressCountry_019b3310-03bf-7fea-938c-cb2b1c1de4d3_terseLabel_en-US" xlink:label="lab_dei_EntityAddressCountry" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Country</link:label>
    <link:label id="lab_dei_EntityAddressCountry_label_en-US" xlink:label="lab_dei_EntityAddressCountry" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Country</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressCountry" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressCountry"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressCountry" xlink:to="lab_dei_EntityAddressCountry" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressStateOrProvince_019b3310-0320-7f56-aac9-761c692b9e59_terseLabel_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, State or Province</link:label>
    <link:label id="lab_dei_EntityAddressStateOrProvince_label_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, State or Province</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressStateOrProvince"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressStateOrProvince" xlink:to="lab_dei_EntityAddressStateOrProvince" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TotalAmortizedIntangibleAssetsMember_019b3310-0272-7aa3-a684-fb12b8d2a664_terseLabel_en-US" xlink:label="lab_fmx_TotalAmortizedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Amortized Intangible Assets</link:label>
    <link:label id="lab_fmx_TotalAmortizedIntangibleAssetsMember_label_en-US" xlink:label="lab_fmx_TotalAmortizedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Amortized Intangible Assets [Member]</link:label>
    <link:label id="lab_fmx_TotalAmortizedIntangibleAssetsMember_documentation_en-US" xlink:label="lab_fmx_TotalAmortizedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total amortized intangible assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TotalAmortizedIntangibleAssetsMember" xlink:href="fmx-20251231.xsd#fmx_TotalAmortizedIntangibleAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TotalAmortizedIntangibleAssetsMember" xlink:to="lab_fmx_TotalAmortizedIntangibleAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfReconciliationByRiskCategoryOfComponentsOfEquityAndAnalysisOfOtherComprehensiveIncomeItemsResultingFromHedgeAccountingExplanatoryTableTextBlock_019b3310-019e-756e-85d4-a28ff0c4474d_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfReconciliationByRiskCategoryOfComponentsOfEquityAndAnalysisOfOtherComprehensiveIncomeItemsResultingFromHedgeAccountingExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Reconciliation Per Category of Equity Components and Analysis of OCI Components, Net of Tax Generated by Cash Flow Hedges</link:label>
    <link:label id="lab_fmx_DisclosureOfReconciliationByRiskCategoryOfComponentsOfEquityAndAnalysisOfOtherComprehensiveIncomeItemsResultingFromHedgeAccountingExplanatoryTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfReconciliationByRiskCategoryOfComponentsOfEquityAndAnalysisOfOtherComprehensiveIncomeItemsResultingFromHedgeAccountingExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Reconciliation By Risk Category Of Components Of Equity And Analysis Of Other Comprehensive Income Items Resulting From Hedge Accounting Explanatory [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfReconciliationByRiskCategoryOfComponentsOfEquityAndAnalysisOfOtherComprehensiveIncomeItemsResultingFromHedgeAccountingExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfReconciliationByRiskCategoryOfComponentsOfEquityAndAnalysisOfOtherComprehensiveIncomeItemsResultingFromHedgeAccountingExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation by risk category of components of equity and analysis of other comprehensive income items resulting from hedge accounting.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfReconciliationByRiskCategoryOfComponentsOfEquityAndAnalysisOfOtherComprehensiveIncomeItemsResultingFromHedgeAccountingExplanatoryTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfReconciliationByRiskCategoryOfComponentsOfEquityAndAnalysisOfOtherComprehensiveIncomeItemsResultingFromHedgeAccountingExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfReconciliationByRiskCategoryOfComponentsOfEquityAndAnalysisOfOtherComprehensiveIncomeItemsResultingFromHedgeAccountingExplanatoryTableTextBlock" xlink:to="lab_fmx_DisclosureOfReconciliationByRiskCategoryOfComponentsOfEquityAndAnalysisOfOtherComprehensiveIncomeItemsResultingFromHedgeAccountingExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromLocalPlans_019b3310-0272-750f-9f52-2f799fab2a77_negatedTerseLabel_en-US" xlink:label="lab_fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromLocalPlans" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Local plans</link:label>
    <link:label id="lab_fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromLocalPlans_label_en-US" xlink:label="lab_fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromLocalPlans" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease (Increase) In Net Defined Benefit Liability (Asset) Resulting From Local Plans</link:label>
    <link:label id="lab_fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromLocalPlans_documentation_en-US" xlink:label="lab_fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromLocalPlans" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Decrease (Increase) In Net Defined Benefit Liability (Asset) Resulting From Local Plans</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromLocalPlans" xlink:href="fmx-20251231.xsd#fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromLocalPlans"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromLocalPlans" xlink:to="lab_fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromLocalPlans" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_EUR_019b3310-0272-7897-9c64-ad173591f083_terseLabel_en-US" xlink:label="lab_currency_EUR" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Euros</link:label>
    <link:label id="lab_currency_EUR_label_en-US" xlink:label="lab_currency_EUR" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Euro Member Countries, Euro</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_EUR" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_EUR"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_EUR" xlink:to="lab_currency_EUR" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems_019b3310-03bf-7324-b47c-a3554baa0a80_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in intangible assets and goodwill [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in intangible assets and goodwill [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_019b3310-0320-782a-a447-e316a53bba0c_terseLabel_en-US" xlink:label="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effects of exchange rate changes and inflation effects on cash and cash equivalents held in foreign currencies</link:label>
    <link:label id="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effect of exchange rate changes on cash and cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:to="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestReceivedClassifiedAsInvestingActivities_019b3310-0320-7cc3-a154-9b8af55427df_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestReceivedClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest received</link:label>
    <link:label id="lab_ifrs-full_InterestReceivedClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_InterestReceivedClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest received, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestReceivedClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestReceivedClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestReceivedClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_InterestReceivedClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SeniorityPremiumsMember_019b3310-0272-7b4e-b890-3b6b3c793166_terseLabel_en-US" xlink:label="lab_fmx_SeniorityPremiumsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Seniority Premiums</link:label>
    <link:label id="lab_fmx_SeniorityPremiumsMember_label_en-US" xlink:label="lab_fmx_SeniorityPremiumsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Seniority Premiums [Member]</link:label>
    <link:label id="lab_fmx_SeniorityPremiumsMember_documentation_en-US" xlink:label="lab_fmx_SeniorityPremiumsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Seniority premiums.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SeniorityPremiumsMember" xlink:href="fmx-20251231.xsd#fmx_SeniorityPremiumsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SeniorityPremiumsMember" xlink:to="lab_fmx_SeniorityPremiumsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss_019b3310-0320-7c5b-af48-f3a9ccc4a8b5_terseLabel_en-US" xlink:label="lab_fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect on profit or loss from increase in exchange rate</link:label>
    <link:label id="lab_fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss_label_en-US" xlink:label="lab_fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase In Foreign Currency Rate Effect On Profit Or Loss</link:label>
    <link:label id="lab_fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss_documentation_en-US" xlink:label="lab_fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effect on profit or loss from increase in foreign currency exchange rate.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss" xlink:href="fmx-20251231.xsd#fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss" xlink:to="lab_fmx_IncreaseInForeignCurrencyRateEffectOnProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ConcentrateMember_019b3310-0272-7313-a9fd-bee181852c2a_terseLabel_en-US" xlink:label="lab_fmx_ConcentrateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Concentrate</link:label>
    <link:label id="lab_fmx_ConcentrateMember_label_en-US" xlink:label="lab_fmx_ConcentrateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Concentrate [Member]</link:label>
    <link:label id="lab_fmx_ConcentrateMember_documentation_en-US" xlink:label="lab_fmx_ConcentrateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Concentrate [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ConcentrateMember" xlink:href="fmx-20251231.xsd#fmx_ConcentrateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ConcentrateMember" xlink:to="lab_fmx_ConcentrateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentAnnualReport_019b3310-0271-737d-8900-26da6873c113_terseLabel_en-US" xlink:label="lab_dei_DocumentAnnualReport" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Annual Report</link:label>
    <link:label id="lab_dei_DocumentAnnualReport_label_en-US" xlink:label="lab_dei_DocumentAnnualReport" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Annual Report</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentAnnualReport" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentAnnualReport"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentAnnualReport" xlink:to="lab_dei_DocumentAnnualReport" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption_019b3310-031f-7204-a81d-42d8904ad85f_terseLabel_en-US" xlink:label="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of reasonably possible increase in actuarial assumption</link:label>
    <link:label id="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption_label_en-US" xlink:label="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage of reasonably possible increase in actuarial assumption</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption" xlink:to="lab_ifrs-full_PercentageOfReasonablyPossibleIncreaseInActuarialAssumption" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_019b3310-019e-7da5-92fb-18282e935ad7_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Return on plan assets</link:label>
    <link:label id="lab_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_019b3310-019e-7886-b273-89ac7fe616a8_negatedLabel_en-US" xlink:label="lab_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Actual return on trust assets</link:label>
    <link:label id="lab_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease (increase) in net defined benefit liability (asset) resulting from return on plan assets excluding interest income or expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries_019b3310-0272-7dba-9fe4-ce0caed6f385_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of non-controlling interest</link:label>
    <link:label id="lab_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries_label_en-US" xlink:label="lab_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments from changes in ownership interests in subsidiaries that do not result in loss of control</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xlink:to="lab_ifrs-full_PaymentsFromChangesInOwnershipInterestsInSubsidiaries" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeFromDiscontinuedOperationsAttributableToOwnersOfParent_019b3310-031f-7fe3-8913-220843fe6566_terseLabel_en-US" xlink:label="lab_ifrs-full_IncomeFromDiscontinuedOperationsAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net controlling interest income allocated from discontinued operations</link:label>
    <link:label id="lab_ifrs-full_IncomeFromDiscontinuedOperationsAttributableToOwnersOfParent_label_en-US" xlink:label="lab_ifrs-full_IncomeFromDiscontinuedOperationsAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income from discontinued operations attributable to owners of parent</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeFromDiscontinuedOperationsAttributableToOwnersOfParent" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeFromDiscontinuedOperationsAttributableToOwnersOfParent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeFromDiscontinuedOperationsAttributableToOwnersOfParent" xlink:to="lab_ifrs-full_IncomeFromDiscontinuedOperationsAttributableToOwnersOfParent" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable_019b3310-03be-7358-98b2-4d5743dd4653_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SubsequentEventAbstract_label_en-US" xlink:label="lab_fmx_SubsequentEventAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event [Abstract]</link:label>
    <link:label id="lab_fmx_SubsequentEventAbstract_documentation_en-US" xlink:label="lab_fmx_SubsequentEventAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Subsequent Event</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SubsequentEventAbstract" xlink:href="fmx-20251231.xsd#fmx_SubsequentEventAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SubsequentEventAbstract" xlink:to="lab_fmx_SubsequentEventAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GeographicalAreasDomain_019b3310-03bf-7cc5-9296-515373b31a1d_terseLabel_en-US" xlink:label="lab_ifrs-full_GeographicalAreasDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical areas [domain]</link:label>
    <link:label id="lab_ifrs-full_GeographicalAreasDomain_label_en-US" xlink:label="lab_ifrs-full_GeographicalAreasDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical areas [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GeographicalAreasDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GeographicalAreasDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GeographicalAreasDomain" xlink:to="lab_ifrs-full_GeographicalAreasDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_019b3310-0272-7b3e-8b43-40cd4e57f75f_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of shares of long-lived assets</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for losses (gains) on disposal of non-current assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" xlink:to="lab_ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughLossOfControlOfSubsidiaryDeferredTaxLiabilityAsset_019b3310-0272-7e80-97d8-dfb8d0548633_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughLossOfControlOfSubsidiaryDeferredTaxLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (decrease) through loss of control of subsidiary, deferred tax liability (asset)</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughLossOfControlOfSubsidiaryDeferredTaxLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughLossOfControlOfSubsidiaryDeferredTaxLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through loss of control of subsidiary, deferred tax liability (asset)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughLossOfControlOfSubsidiaryDeferredTaxLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughLossOfControlOfSubsidiaryDeferredTaxLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughLossOfControlOfSubsidiaryDeferredTaxLiabilityAsset" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughLossOfControlOfSubsidiaryDeferredTaxLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentReceivables_019b3310-0272-72c2-8eaf-d9364fdd4ab0_terseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade receivables, net</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentReceivables_019bd0b5-466b-7027-a918-419815a52389_verboseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Trade receivables</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentReceivables_019b3310-0272-7751-99ce-71b7a5c7b55b_totalLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Trade accounts receivable, Net</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentReceivables_label_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade and other current receivables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeAndOtherCurrentReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherCurrentReceivables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherCurrentReceivables" xlink:to="lab_ifrs-full_TradeAndOtherCurrentReceivables" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AdvancesToAcquirePropertyPlantAndEquipmentNoncurrent_019b3310-03be-7628-979f-1bc91c584381_terseLabel_en-US" xlink:label="lab_fmx_AdvancesToAcquirePropertyPlantAndEquipmentNoncurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances to suppliers to acquire property, plant and equipment</link:label>
    <link:label id="lab_fmx_AdvancesToAcquirePropertyPlantAndEquipmentNoncurrent_label_en-US" xlink:label="lab_fmx_AdvancesToAcquirePropertyPlantAndEquipmentNoncurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances To Acquire Property Plant And Equipment, Noncurrent</link:label>
    <link:label id="lab_fmx_AdvancesToAcquirePropertyPlantAndEquipmentNoncurrent_documentation_en-US" xlink:label="lab_fmx_AdvancesToAcquirePropertyPlantAndEquipmentNoncurrent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advances to acquire property plant and equipment.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AdvancesToAcquirePropertyPlantAndEquipmentNoncurrent" xlink:href="fmx-20251231.xsd#fmx_AdvancesToAcquirePropertyPlantAndEquipmentNoncurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AdvancesToAcquirePropertyPlantAndEquipmentNoncurrent" xlink:to="lab_fmx_AdvancesToAcquirePropertyPlantAndEquipmentNoncurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityInteractiveDataCurrent_019b3310-03bf-7688-ba94-aea430809dba_terseLabel_en-US" xlink:label="lab_dei_EntityInteractiveDataCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Interactive Data Current</link:label>
    <link:label id="lab_dei_EntityInteractiveDataCurrent_label_en-US" xlink:label="lab_dei_EntityInteractiveDataCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Interactive Data Current</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityInteractiveDataCurrent" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityInteractiveDataCurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityInteractiveDataCurrent" xlink:to="lab_dei_EntityInteractiveDataCurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment_019b3310-03bf-7afc-9813-297a8157b0a7_terseLabel_en-US" xlink:label="lab_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in the fair value of past acquisitions</link:label>
    <link:label id="lab_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revaluation increase (decrease), property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment" xlink:to="lab_ifrs-full_RevaluationIncreaseDecreasePropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfInvestmentsInAssociatesAndJointVenturesTable_019b3310-03be-7c6e-8ed7-e2e3c29b85e2_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfInvestmentsInAssociatesAndJointVenturesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of Investments in Associates and Joint Ventures [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfInvestmentsInAssociatesAndJointVenturesTable_label_en-US" xlink:label="lab_fmx_DisclosureOfInvestmentsInAssociatesAndJointVenturesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Investments In Associates And Joint Ventures [Table]</link:label>
    <link:label id="lab_fmx_DisclosureOfInvestmentsInAssociatesAndJointVenturesTable_documentation_en-US" xlink:label="lab_fmx_DisclosureOfInvestmentsInAssociatesAndJointVenturesTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of Investments in Associates and Joint Ventures [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfInvestmentsInAssociatesAndJointVenturesTable" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfInvestmentsInAssociatesAndJointVenturesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfInvestmentsInAssociatesAndJointVenturesTable" xlink:to="lab_fmx_DisclosureOfInvestmentsInAssociatesAndJointVenturesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfInterestRateRiskExposureTable_019b3310-03be-7eae-892e-e36d747e4125_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfInterestRateRiskExposureTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Interest Rate Risk Exposure [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfInterestRateRiskExposureTable_label_en-US" xlink:label="lab_fmx_DisclosureOfInterestRateRiskExposureTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Interest Rate Risk Exposure [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfInterestRateRiskExposureTable_documentation_en-US" xlink:label="lab_fmx_DisclosureOfInterestRateRiskExposureTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of interest rate risk exposure table.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfInterestRateRiskExposureTable" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfInterestRateRiskExposureTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfInterestRateRiskExposureTable" xlink:to="lab_fmx_DisclosureOfInterestRateRiskExposureTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AmountsPayableToSuppliersOfPropertyPlantEquipment_019b3310-0272-7495-b3c6-0a9d1a4ebd54_terseLabel_en-US" xlink:label="lab_fmx_AmountsPayableToSuppliersOfPropertyPlantEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount payable to suppliers for property, plant and equipment</link:label>
    <link:label id="lab_fmx_AmountsPayableToSuppliersOfPropertyPlantEquipment_label_en-US" xlink:label="lab_fmx_AmountsPayableToSuppliersOfPropertyPlantEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amounts Payable To Suppliers Of Property, Plant &amp; Equipment</link:label>
    <link:label id="lab_fmx_AmountsPayableToSuppliersOfPropertyPlantEquipment_documentation_en-US" xlink:label="lab_fmx_AmountsPayableToSuppliersOfPropertyPlantEquipment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Outstanding payments to suppliers of property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AmountsPayableToSuppliersOfPropertyPlantEquipment" xlink:href="fmx-20251231.xsd#fmx_AmountsPayableToSuppliersOfPropertyPlantEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AmountsPayableToSuppliersOfPropertyPlantEquipment" xlink:to="lab_fmx_AmountsPayableToSuppliersOfPropertyPlantEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties_019b3310-03be-733a-8ae7-e04d4ef5958e_terseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contributions from related parties</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties_label_en-US" xlink:label="lab_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Receivables due from related parties</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties" xlink:to="lab_ifrs-full_TradeAndOtherReceivablesDueFromRelatedParties" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentAssetsRecognisedAsOfAcquisitionDate_019b3310-031f-71ca-84ae-d5073d3b33ba_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentAssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current assets</link:label>
    <link:label id="lab_ifrs-full_CurrentAssetsRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_CurrentAssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current assets recognised as of acquisition date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentAssetsRecognisedAsOfAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentAssetsRecognisedAsOfAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentAssetsRecognisedAsOfAcquisitionDate" xlink:to="lab_ifrs-full_CurrentAssetsRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_GTQ_019b3310-0271-754d-bf87-acd2c3a1e95a_terseLabel_en-US" xlink:label="lab_currency_GTQ" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Quetzal</link:label>
    <link:label id="lab_currency_GTQ_label_en-US" xlink:label="lab_currency_GTQ" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Guatemala, Quetzales</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_GTQ" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_GTQ"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_GTQ" xlink:to="lab_currency_GTQ" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_YieldRate_019b3310-0272-74da-8cda-d19abf14740b_terseLabel_en-US" xlink:label="lab_fmx_YieldRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total yield percentage</link:label>
    <link:label id="lab_fmx_YieldRate_label_en-US" xlink:label="lab_fmx_YieldRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Yield Rate</link:label>
    <link:label id="lab_fmx_YieldRate_documentation_en-US" xlink:label="lab_fmx_YieldRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Yield rate.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_YieldRate" xlink:href="fmx-20251231.xsd#fmx_YieldRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_YieldRate" xlink:to="lab_fmx_YieldRate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOtherLiabilitiesExplanatory_019b3310-03be-784b-b0ff-4fdb3247fab9_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Other Financial Liabilities</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOtherLiabilitiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of other liabilities [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherLiabilitiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherLiabilitiesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherLiabilitiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOtherLiabilitiesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_MinimumYearOfServiceForRetirementBenefits_019b3310-0320-7ad9-a333-a5cb23d27bb0_terseLabel_en-US" xlink:label="lab_fmx_MinimumYearOfServiceForRetirementBenefits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Years of service for seniority retirement benefits</link:label>
    <link:label id="lab_fmx_MinimumYearOfServiceForRetirementBenefits_label_en-US" xlink:label="lab_fmx_MinimumYearOfServiceForRetirementBenefits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum Year Of Service For Retirement Benefits</link:label>
    <link:label id="lab_fmx_MinimumYearOfServiceForRetirementBenefits_documentation_en-US" xlink:label="lab_fmx_MinimumYearOfServiceForRetirementBenefits" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of years of service for seniority retirement benefits.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_MinimumYearOfServiceForRetirementBenefits" xlink:href="fmx-20251231.xsd#fmx_MinimumYearOfServiceForRetirementBenefits"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_MinimumYearOfServiceForRetirementBenefits" xlink:to="lab_fmx_MinimumYearOfServiceForRetirementBenefits" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_CLP_019bcf94-0697-7972-86de-18e80fa38d3c_verboseLabel_en-US" xlink:label="lab_currency_CLP" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Chilean peso</link:label>
    <link:label id="lab_currency_CLP_019b3310-0271-7832-ab5a-9329f5ce5a84_terseLabel_en-US" xlink:label="lab_currency_CLP" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Chilean pesos</link:label>
    <link:label id="lab_currency_CLP_label_en-US" xlink:label="lab_currency_CLP" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Chile, Pesos</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_CLP" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_CLP"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_CLP" xlink:to="lab_currency_CLP" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyAxis_019b3310-0271-7f63-a306-476ff4f9cc94_terseLabel_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy [axis]</link:label>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyAxis_label_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LevelsOfFairValueHierarchyAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:to="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityAttributableToOwnersOfParentMember_019b3310-031f-701f-a520-f68970974868_terseLabel_en-US" xlink:label="lab_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity attributable to equity holders of the parent</link:label>
    <link:label id="lab_ifrs-full_EquityAttributableToOwnersOfParentMember_label_en-US" xlink:label="lab_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity attributable to owners of parent [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAttributableToOwnersOfParentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:to="lab_ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsExplanatory_019b3310-0320-74aa-9aa2-c52ed181f633_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Disclosure of Accounts Receivable, Net</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFinancialAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_019b3310-03bf-7fd0-9d8e-3107940c9a22_terseLabel_en-US" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions from business acquisitions</link:label>
    <link:label id="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisitions through business combinations, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BalancesAndTransactionsInForeignCurrenciesAbstract_label_en-US" xlink:label="lab_fmx_BalancesAndTransactionsInForeignCurrenciesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Balances and Transactions in Foreign Currencies [Abstract]</link:label>
    <link:label id="lab_fmx_BalancesAndTransactionsInForeignCurrenciesAbstract_documentation_en-US" xlink:label="lab_fmx_BalancesAndTransactionsInForeignCurrenciesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Balances and Transactions in Foreign Currencies</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BalancesAndTransactionsInForeignCurrenciesAbstract" xlink:href="fmx-20251231.xsd#fmx_BalancesAndTransactionsInForeignCurrenciesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BalancesAndTransactionsInForeignCurrenciesAbstract" xlink:to="lab_fmx_BalancesAndTransactionsInForeignCurrenciesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SeriesBSharesMember_019b3310-019e-763a-ae49-05c348645baa_terseLabel_en-US" xlink:label="lab_fmx_SeriesBSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series B shares</link:label>
    <link:label id="lab_fmx_SeriesBSharesMember_019b3310-019e-7e7a-8a05-4380fd278dcd_verboseLabel_en-US" xlink:label="lab_fmx_SeriesBSharesMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Per Series B Shares</link:label>
    <link:label id="lab_fmx_SeriesBSharesMember_label_en-US" xlink:label="lab_fmx_SeriesBSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series B Shares [Member]</link:label>
    <link:label id="lab_fmx_SeriesBSharesMember_documentation_en-US" xlink:label="lab_fmx_SeriesBSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series B shares.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SeriesBSharesMember" xlink:href="fmx-20251231.xsd#fmx_SeriesBSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SeriesBSharesMember" xlink:to="lab_fmx_SeriesBSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_PEN_019b3310-03bf-71aa-a607-244b59693dac_terseLabel_en-US" xlink:label="lab_currency_PEN" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Nuevo Sol</link:label>
    <link:label id="lab_currency_PEN_label_en-US" xlink:label="lab_currency_PEN" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Peru, Nuevos Soles</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_PEN" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_PEN"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_PEN" xlink:to="lab_currency_PEN" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory_019b3310-0272-783f-a977-d37169442388_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Material Accounting Policies</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of material accounting policy information [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory" xlink:to="lab_ifrs-full_DisclosureOfMaterialAccountingPolicyInformationExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOtherCurrentAssetsExplanatory_019b3310-03bf-7af9-8d7b-bd256746d41d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherCurrentAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Other Current Assets</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOtherCurrentAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherCurrentAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of other current assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherCurrentAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherCurrentAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherCurrentAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOtherCurrentAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InventoryWritedown2011_019b3310-031f-7aa1-9b52-35fe39fc6a7b_terseLabel_en-US" xlink:label="lab_ifrs-full_InventoryWritedown2011" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventories</link:label>
    <link:label id="lab_ifrs-full_InventoryWritedown2011_label_en-US" xlink:label="lab_ifrs-full_InventoryWritedown2011" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory write-down</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InventoryWritedown2011" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InventoryWritedown2011"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InventoryWritedown2011" xlink:to="lab_ifrs-full_InventoryWritedown2011" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsLineItems_019b3310-03bf-767a-92b2-221b1290200e_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedged items [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedged items [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsLineItems" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InvestmentsAccountedForUsingEquityMethodMember_019b3310-03bf-71ad-b1d6-e4562facd8f5_terseLabel_en-US" xlink:label="lab_ifrs-full_InvestmentsAccountedForUsingEquityMethodMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments in equity method accounted investees</link:label>
    <link:label id="lab_ifrs-full_InvestmentsAccountedForUsingEquityMethodMember_label_en-US" xlink:label="lab_ifrs-full_InvestmentsAccountedForUsingEquityMethodMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments accounted for using equity method [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InvestmentsAccountedForUsingEquityMethodMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InvestmentsAccountedForUsingEquityMethodMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InvestmentsAccountedForUsingEquityMethodMember" xlink:to="lab_ifrs-full_InvestmentsAccountedForUsingEquityMethodMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax_019b3310-019e-7aad-bf00-3f1d359b3278_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation of the effective portion of derivative financial instruments</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax_019b3310-019e-7eb1-b29f-879a6857d063_verboseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Valuation of the effective portion of derivative financial instruments</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on cash flow hedges, net of tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:to="lab_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsPaidOtherSharesPerShare_019b3310-0320-74fe-98a2-96b01afedec0_terseLabel_en-US" xlink:label="lab_ifrs-full_DividendsPaidOtherSharesPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividend declared (in pesos per share)</link:label>
    <link:label id="lab_ifrs-full_DividendsPaidOtherSharesPerShare_label_en-US" xlink:label="lab_ifrs-full_DividendsPaidOtherSharesPerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends paid, other shares per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsPaidOtherSharesPerShare" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaidOtherSharesPerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidOtherSharesPerShare" xlink:to="lab_ifrs-full_DividendsPaidOtherSharesPerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfInvestmentsTable_019b3310-031f-772a-9189-4b410a0c285f_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfInvestmentsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Investments [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfInvestmentsTable_label_en-US" xlink:label="lab_fmx_DisclosureOfInvestmentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Investments [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfInvestmentsTable_documentation_en-US" xlink:label="lab_fmx_DisclosureOfInvestmentsTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of investments table.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfInvestmentsTable" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfInvestmentsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfInvestmentsTable" xlink:to="lab_fmx_DisclosureOfInvestmentsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome_019b3310-0272-71b3-b7c2-a4083d371fe4_terseLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remeasurements of the net defined benefit liability</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income tax relating to remeasurements of defined benefit plans included in other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" xlink:to="lab_ifrs-full_IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityCentralIndexKey_019b3310-0272-72c7-8d3a-c862aab12990_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:label id="lab_dei_EntityCentralIndexKey_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCentralIndexKey"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey" xlink:to="lab_dei_EntityCentralIndexKey" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_GuaranteeDepositsOtherNoncurrentAssets_019b3310-03bf-78a8-b775-f54314a189b3_terseLabel_en-US" xlink:label="lab_fmx_GuaranteeDepositsOtherNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Guarantee deposits</link:label>
    <link:label id="lab_fmx_GuaranteeDepositsOtherNoncurrentAssets_label_en-US" xlink:label="lab_fmx_GuaranteeDepositsOtherNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Guarantee Deposits Other Non-Current Assets</link:label>
    <link:label id="lab_fmx_GuaranteeDepositsOtherNoncurrentAssets_documentation_en-US" xlink:label="lab_fmx_GuaranteeDepositsOtherNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Guarantee deposits other non current assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_GuaranteeDepositsOtherNoncurrentAssets" xlink:href="fmx-20251231.xsd#fmx_GuaranteeDepositsOtherNoncurrentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_GuaranteeDepositsOtherNoncurrentAssets" xlink:to="lab_fmx_GuaranteeDepositsOtherNoncurrentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_InsuranceRecoveryNetCashFlowReceived_019b3310-0271-7f0e-af7d-4f140a6615cd_terseLabel_en-US" xlink:label="lab_fmx_InsuranceRecoveryNetCashFlowReceived" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Insurance recovery, net cash flow received</link:label>
    <link:label id="lab_fmx_InsuranceRecoveryNetCashFlowReceived_label_en-US" xlink:label="lab_fmx_InsuranceRecoveryNetCashFlowReceived" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Insurance Recovery, Net Cash Flow Received</link:label>
    <link:label id="lab_fmx_InsuranceRecoveryNetCashFlowReceived_documentation_en-US" xlink:label="lab_fmx_InsuranceRecoveryNetCashFlowReceived" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Insurance Recovery, Net Cash Flow Received</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_InsuranceRecoveryNetCashFlowReceived" xlink:href="fmx-20251231.xsd#fmx_InsuranceRecoveryNetCashFlowReceived"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_InsuranceRecoveryNetCashFlowReceived" xlink:to="lab_fmx_InsuranceRecoveryNetCashFlowReceived" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_019b3310-0272-72e6-bd16-32260fb80a2b_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total items that will be reclassified to consolidated net income in subsequent periods, net of income tax</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income that will be reclassified to profit or loss, net of tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TaxLossCarryforwardsDerecognizedDuringPeriod_019b3310-031f-719b-8f94-3880b445c030_negatedLabel_en-US" xlink:label="lab_fmx_TaxLossCarryforwardsDerecognizedDuringPeriod" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Derecognized</link:label>
    <link:label id="lab_fmx_TaxLossCarryforwardsDerecognizedDuringPeriod_label_en-US" xlink:label="lab_fmx_TaxLossCarryforwardsDerecognizedDuringPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax Loss Carryforwards Derecognized During The Period</link:label>
    <link:label id="lab_fmx_TaxLossCarryforwardsDerecognizedDuringPeriod_documentation_en-US" xlink:label="lab_fmx_TaxLossCarryforwardsDerecognizedDuringPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of tax loss carryforwards derecognized during the period.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TaxLossCarryforwardsDerecognizedDuringPeriod" xlink:href="fmx-20251231.xsd#fmx_TaxLossCarryforwardsDerecognizedDuringPeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TaxLossCarryforwardsDerecognizedDuringPeriod" xlink:to="lab_fmx_TaxLossCarryforwardsDerecognizedDuringPeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory_019b3310-03be-73c0-bca6-250c787fe881_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of cash and cash equivalents [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfessionalFeesExpense_019b3310-019e-7cee-9e01-4a8e4e22cc9a_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfessionalFeesExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consulting&#160;Fees</link:label>
    <link:label id="lab_ifrs-full_ProfessionalFeesExpense_label_en-US" xlink:label="lab_ifrs-full_ProfessionalFeesExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Professional fees expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfessionalFeesExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfessionalFeesExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfessionalFeesExpense" xlink:to="lab_ifrs-full_ProfessionalFeesExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LossOnRetirementOfLongLivedAndIntangibleAssets_019b3310-03be-73ae-8118-b4a61016ab3e_terseLabel_en-US" xlink:label="lab_fmx_LossOnRetirementOfLongLivedAndIntangibleAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disposal of long-lived assets</link:label>
    <link:label id="lab_fmx_LossOnRetirementOfLongLivedAndIntangibleAssets_label_en-US" xlink:label="lab_fmx_LossOnRetirementOfLongLivedAndIntangibleAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss On Retirement Of Long-Lived and Intangible Assets</link:label>
    <link:label id="lab_fmx_LossOnRetirementOfLongLivedAndIntangibleAssets_documentation_en-US" xlink:label="lab_fmx_LossOnRetirementOfLongLivedAndIntangibleAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The adjustment for non-cash retirement of long-lived and intangible assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LossOnRetirementOfLongLivedAndIntangibleAssets" xlink:href="fmx-20251231.xsd#fmx_LossOnRetirementOfLongLivedAndIntangibleAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LossOnRetirementOfLongLivedAndIntangibleAssets" xlink:to="lab_fmx_LossOnRetirementOfLongLivedAndIntangibleAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination_019b3310-0320-7180-a015-2d8cce05c6bb_terseLabel_en-US" xlink:label="lab_ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisition-related costs</link:label>
    <link:label id="lab_ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination_label_en-US" xlink:label="lab_ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisition-related costs for transaction recognised separately from acquisition of assets and assumption of liabilities in business combination</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination" xlink:to="lab_ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment_019b3310-03be-74d4-8074-6f2d7983ba2d_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Transfer (to)/from assets classified as held for sale</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through transfers from (to) investment property, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossOfCombinedEntity_019b3310-0320-7925-b0bb-904386d73683_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossOfCombinedEntity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
    <link:label id="lab_ifrs-full_ProfitLossOfCombinedEntity_label_en-US" xlink:label="lab_ifrs-full_ProfitLossOfCombinedEntity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss) of combined entity as if combination occurred at beginning of period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossOfCombinedEntity" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossOfCombinedEntity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossOfCombinedEntity" xlink:to="lab_ifrs-full_ProfitLossOfCombinedEntity" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityAndLiabilitiesAbstract_019b3310-03bf-7d71-b3fe-596a5fede223_terseLabel_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LIABILITIES AND EQUITY</link:label>
    <link:label id="lab_ifrs-full_EquityAndLiabilitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity and liabilities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAndLiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAndLiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAndLiabilitiesAbstract" xlink:to="lab_ifrs-full_EquityAndLiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_RaizenConveninciasMember_019b3310-03be-72d6-a98f-1e147f929cf6_terseLabel_en-US" xlink:label="lab_fmx_RaizenConveninciasMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Raizen Conveni&#234;ncias</link:label>
    <link:label id="lab_fmx_RaizenConveninciasMember_label_en-US" xlink:label="lab_fmx_RaizenConveninciasMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Raizen Convenincias [Member]</link:label>
    <link:label id="lab_fmx_RaizenConveninciasMember_documentation_en-US" xlink:label="lab_fmx_RaizenConveninciasMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Raizen Convenincias [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_RaizenConveninciasMember" xlink:href="fmx-20251231.xsd#fmx_RaizenConveninciasMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_RaizenConveninciasMember" xlink:to="lab_fmx_RaizenConveninciasMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DescriptionOfAccountingPolicyForRecognitionOfEffectsOfInflationInCountriesWithHyperinflationaryEconomicEnvironmentsPolicyTextBlock_019b3310-03bf-71fc-a148-65c5dded03f1_terseLabel_en-US" xlink:label="lab_fmx_DescriptionOfAccountingPolicyForRecognitionOfEffectsOfInflationInCountriesWithHyperinflationaryEconomicEnvironmentsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Recognition of the effects of inflation in countries with hyperinflationary economic environments</link:label>
    <link:label id="lab_fmx_DescriptionOfAccountingPolicyForRecognitionOfEffectsOfInflationInCountriesWithHyperinflationaryEconomicEnvironmentsPolicyTextBlock_label_en-US" xlink:label="lab_fmx_DescriptionOfAccountingPolicyForRecognitionOfEffectsOfInflationInCountriesWithHyperinflationaryEconomicEnvironmentsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description Of Accounting Policy For Recognition Of Effects Of Inflation In Countries With Hyperinflationary Economic Environments [Policy Text Block]</link:label>
    <link:label id="lab_fmx_DescriptionOfAccountingPolicyForRecognitionOfEffectsOfInflationInCountriesWithHyperinflationaryEconomicEnvironmentsPolicyTextBlock_documentation_en-US" xlink:label="lab_fmx_DescriptionOfAccountingPolicyForRecognitionOfEffectsOfInflationInCountriesWithHyperinflationaryEconomicEnvironmentsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Description Of Accounting Policy For Recognition Of Effects Of Inflation In Countries With Hyperinflationary Economic Environments[text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DescriptionOfAccountingPolicyForRecognitionOfEffectsOfInflationInCountriesWithHyperinflationaryEconomicEnvironmentsPolicyTextBlock" xlink:href="fmx-20251231.xsd#fmx_DescriptionOfAccountingPolicyForRecognitionOfEffectsOfInflationInCountriesWithHyperinflationaryEconomicEnvironmentsPolicyTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DescriptionOfAccountingPolicyForRecognitionOfEffectsOfInflationInCountriesWithHyperinflationaryEconomicEnvironmentsPolicyTextBlock" xlink:to="lab_fmx_DescriptionOfAccountingPolicyForRecognitionOfEffectsOfInflationInCountriesWithHyperinflationaryEconomicEnvironmentsPolicyTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LongTermForeignCurrencyFinancialAssets_019b3310-0320-7184-8f9a-4a517c5ac550_terseLabel_en-US" xlink:label="lab_fmx_LongTermForeignCurrencyFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-Term Assets</link:label>
    <link:label id="lab_fmx_LongTermForeignCurrencyFinancialAssets_label_en-US" xlink:label="lab_fmx_LongTermForeignCurrencyFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long Term Foreign Currency Financial Assets</link:label>
    <link:label id="lab_fmx_LongTermForeignCurrencyFinancialAssets_documentation_en-US" xlink:label="lab_fmx_LongTermForeignCurrencyFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Long term foreign currency financial assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LongTermForeignCurrencyFinancialAssets" xlink:href="fmx-20251231.xsd#fmx_LongTermForeignCurrencyFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LongTermForeignCurrencyFinancialAssets" xlink:to="lab_fmx_LongTermForeignCurrencyFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityFilerCategory_019b3310-0320-7979-83f7-c39daaa7d4e5_terseLabel_en-US" xlink:label="lab_dei_EntityFilerCategory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Filer Category</link:label>
    <link:label id="lab_dei_EntityFilerCategory_label_en-US" xlink:label="lab_dei_EntityFilerCategory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Filer Category</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityFilerCategory" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityFilerCategory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFilerCategory" xlink:to="lab_dei_EntityFilerCategory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CumulativeOtherComprehensiveIncomeMember_019b3310-0320-78a0-a283-0656dcea4e4a_terseLabel_en-US" xlink:label="lab_fmx_CumulativeOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cumulative other comprehensive income</link:label>
    <link:label id="lab_fmx_CumulativeOtherComprehensiveIncomeMember_label_en-US" xlink:label="lab_fmx_CumulativeOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cumulative Other Comprehensive Income [Member]</link:label>
    <link:label id="lab_fmx_CumulativeOtherComprehensiveIncomeMember_documentation_en-US" xlink:label="lab_fmx_CumulativeOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cumulative Other Comprehensive Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CumulativeOtherComprehensiveIncomeMember" xlink:href="fmx-20251231.xsd#fmx_CumulativeOtherComprehensiveIncomeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CumulativeOtherComprehensiveIncomeMember" xlink:to="lab_fmx_CumulativeOtherComprehensiveIncomeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfNetEffectsOfExpiredContractsThatMetHedgingCriteriaTableTextBlock_019b3310-03bf-7582-9bb1-f36dc945508c_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfNetEffectsOfExpiredContractsThatMetHedgingCriteriaTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Disclosure of Net Effects of Expired Contracts Met Hedging Criteria</link:label>
    <link:label id="lab_fmx_DisclosureOfNetEffectsOfExpiredContractsThatMetHedgingCriteriaTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfNetEffectsOfExpiredContractsThatMetHedgingCriteriaTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Net Effects Of Expired Contracts That Met Hedging Criteria [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfNetEffectsOfExpiredContractsThatMetHedgingCriteriaTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfNetEffectsOfExpiredContractsThatMetHedgingCriteriaTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of net effects of expired contracts that met hedging criteria.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfNetEffectsOfExpiredContractsThatMetHedgingCriteriaTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfNetEffectsOfExpiredContractsThatMetHedgingCriteriaTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfNetEffectsOfExpiredContractsThatMetHedgingCriteriaTableTextBlock" xlink:to="lab_fmx_DisclosureOfNetEffectsOfExpiredContractsThatMetHedgingCriteriaTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_019b3310-0320-738b-8941-49fce3770d46_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Interest on the Net Defined Benefit Liability</link:label>
    <link:label id="lab_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_019b3310-0320-7c47-90fa-1de5abe58f49_verboseLabel_en-US" xlink:label="lab_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Interest expense</link:label>
    <link:label id="lab_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in net defined benefit liability (asset) resulting from interest expense (income)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AverageForeignExchangeRate_019b3310-03bf-708a-af93-c78624eab6eb_verboseLabel_en-US" xlink:label="lab_ifrs-full_AverageForeignExchangeRate" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Average&#160;Exchange&#160;Rate&#160;for</link:label>
    <link:label id="lab_ifrs-full_AverageForeignExchangeRate_019b3310-03bf-77a8-b3da-a8bdd3218d3b_terseLabel_en-US" xlink:label="lab_ifrs-full_AverageForeignExchangeRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Average exchange rate</link:label>
    <link:label id="lab_ifrs-full_AverageForeignExchangeRate_label_en-US" xlink:label="lab_ifrs-full_AverageForeignExchangeRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Average foreign exchange rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AverageForeignExchangeRate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AverageForeignExchangeRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AverageForeignExchangeRate" xlink:to="lab_ifrs-full_AverageForeignExchangeRate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_019b3310-03bf-7201-8672-c5a9a480d7d4_terseLabel_en-US" xlink:label="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions</link:label>
    <link:label id="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additions other than through business combinations, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate_019b3310-019e-7dcd-bda0-646575b53e6b_terseLabel_en-US" xlink:label="lab_fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest pay rate</link:label>
    <link:label id="lab_fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate_label_en-US" xlink:label="lab_fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Instruments Designated As Hedging Derivative Interest Payable Rate</link:label>
    <link:label id="lab_fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate_documentation_en-US" xlink:label="lab_fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial instruments designated as hedging derivative interest payable rate.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate" xlink:href="fmx-20251231.xsd#fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate" xlink:to="lab_fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestPayableRate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations_019b3310-0271-7185-af85-2f5d8a5ef9a9_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net cash (used in) generated by investing activities by discontinuing operations</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) investing activities, discontinued operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations" xlink:to="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesDiscontinuedOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfOrdinarySharesDomain_019b3310-03be-706d-a509-f7affb68cfb8_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfOrdinarySharesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of ordinary shares [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfOrdinarySharesDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfOrdinarySharesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of ordinary shares [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfOrdinarySharesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfOrdinarySharesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfOrdinarySharesDomain" xlink:to="lab_ifrs-full_ClassesOfOrdinarySharesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossFromOperatingActivities_019b3310-03bf-7d45-820c-73cdd57227c5_totalLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossFromOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Profit (loss) from operating activities</link:label>
    <link:label id="lab_ifrs-full_ProfitLossFromOperatingActivities_019b3310-03bf-7468-9dd0-96978a7112db_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossFromOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating profit</link:label>
    <link:label id="lab_ifrs-full_ProfitLossFromOperatingActivities_label_en-US" xlink:label="lab_ifrs-full_ProfitLossFromOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss) from operating activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossFromOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossFromOperatingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossFromOperatingActivities" xlink:to="lab_ifrs-full_ProfitLossFromOperatingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherCurrentReceivables_019b3310-0320-7652-9667-c350870d6b6f_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherCurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Others</link:label>
    <link:label id="lab_ifrs-full_OtherCurrentReceivables_label_en-US" xlink:label="lab_ifrs-full_OtherCurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other current receivables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherCurrentReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherCurrentReceivables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherCurrentReceivables" xlink:to="lab_ifrs-full_OtherCurrentReceivables" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DepositMember_019b3310-0272-7a9f-a5f7-558f0cc6b143_terseLabel_en-US" xlink:label="lab_fmx_DepositMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bank deposits</link:label>
    <link:label id="lab_fmx_DepositMember_label_en-US" xlink:label="lab_fmx_DepositMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deposit [Member]</link:label>
    <link:label id="lab_fmx_DepositMember_documentation_en-US" xlink:label="lab_fmx_DepositMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deposit</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DepositMember" xlink:href="fmx-20251231.xsd#fmx_DepositMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DepositMember" xlink:to="lab_fmx_DepositMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressAddressLine1_019b3310-03be-744f-9aa5-f859fbb7d441_terseLabel_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:label id="lab_dei_EntityAddressAddressLine1_label_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine1"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressAddressLine1" xlink:to="lab_dei_EntityAddressAddressLine1" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncreaseDecreaseThroughBusinessCombinationFromDisposalProfitOrLossIntangibleAssetsAndGoodwill_019b3310-03bf-760c-838c-b9da59f654e2_terseLabel_en-US" xlink:label="lab_fmx_IncreaseDecreaseThroughBusinessCombinationFromDisposalProfitOrLossIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business combinations from disposals</link:label>
    <link:label id="lab_fmx_IncreaseDecreaseThroughBusinessCombinationFromDisposalProfitOrLossIntangibleAssetsAndGoodwill_label_en-US" xlink:label="lab_fmx_IncreaseDecreaseThroughBusinessCombinationFromDisposalProfitOrLossIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Business Combination From Disposal, Profit Or Loss, Intangible Assets And Goodwill</link:label>
    <link:label id="lab_fmx_IncreaseDecreaseThroughBusinessCombinationFromDisposalProfitOrLossIntangibleAssetsAndGoodwill_documentation_en-US" xlink:label="lab_fmx_IncreaseDecreaseThroughBusinessCombinationFromDisposalProfitOrLossIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Business Combination From Disposal, Profit Or Loss, Intangible Assets And Goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncreaseDecreaseThroughBusinessCombinationFromDisposalProfitOrLossIntangibleAssetsAndGoodwill" xlink:href="fmx-20251231.xsd#fmx_IncreaseDecreaseThroughBusinessCombinationFromDisposalProfitOrLossIntangibleAssetsAndGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncreaseDecreaseThroughBusinessCombinationFromDisposalProfitOrLossIntangibleAssetsAndGoodwill" xlink:to="lab_fmx_IncreaseDecreaseThroughBusinessCombinationFromDisposalProfitOrLossIntangibleAssetsAndGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressAddressLine2_019b3310-03be-79f7-979d-a620ea2f1102_terseLabel_en-US" xlink:label="lab_dei_EntityAddressAddressLine2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line Two</link:label>
    <link:label id="lab_dei_EntityAddressAddressLine2_label_en-US" xlink:label="lab_dei_EntityAddressAddressLine2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line Two</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine2" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine2"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressAddressLine2" xlink:to="lab_dei_EntityAddressAddressLine2" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ChangesInValueOnRecognitionOfInflationEffects_019b3310-0272-7eaf-a94e-158e2557d778_terseLabel_en-US" xlink:label="lab_fmx_ChangesInValueOnRecognitionOfInflationEffects" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in value on the recognition of inflation effects</link:label>
    <link:label id="lab_fmx_ChangesInValueOnRecognitionOfInflationEffects_label_en-US" xlink:label="lab_fmx_ChangesInValueOnRecognitionOfInflationEffects" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Changes In Value On Recognition Of Inflation Effects</link:label>
    <link:label id="lab_fmx_ChangesInValueOnRecognitionOfInflationEffects_documentation_en-US" xlink:label="lab_fmx_ChangesInValueOnRecognitionOfInflationEffects" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Changes in value on recognition of inflation effects.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ChangesInValueOnRecognitionOfInflationEffects" xlink:href="fmx-20251231.xsd#fmx_ChangesInValueOnRecognitionOfInflationEffects"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ChangesInValueOnRecognitionOfInflationEffects" xlink:to="lab_fmx_ChangesInValueOnRecognitionOfInflationEffects" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ContributionsDueFromRelatedParties_019b3310-0320-7f0a-82d4-ae503a976df8_terseLabel_en-US" xlink:label="lab_fmx_ContributionsDueFromRelatedParties" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contributions</link:label>
    <link:label id="lab_fmx_ContributionsDueFromRelatedParties_label_en-US" xlink:label="lab_fmx_ContributionsDueFromRelatedParties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contributions Due From Related Parties</link:label>
    <link:label id="lab_fmx_ContributionsDueFromRelatedParties_documentation_en-US" xlink:label="lab_fmx_ContributionsDueFromRelatedParties" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contributions due from related parties.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ContributionsDueFromRelatedParties" xlink:href="fmx-20251231.xsd#fmx_ContributionsDueFromRelatedParties"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ContributionsDueFromRelatedParties" xlink:to="lab_fmx_ContributionsDueFromRelatedParties" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivitiesContinuingOperations_019b3310-0272-7ebe-a2bf-4629782f18da_terseLabel_en-US" xlink:label="lab_fmx_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivitiesContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows</link:label>
    <link:label id="lab_fmx_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivitiesContinuingOperations_label_en-US" xlink:label="lab_fmx_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivitiesContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Financing Cash Flows, Liabilities Arising From Financing Activities, Continuing Operations</link:label>
    <link:label id="lab_fmx_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivitiesContinuingOperations_documentation_en-US" xlink:label="lab_fmx_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivitiesContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Financing Cash Flows, Liabilities Arising From Financing Activities, Continuing Operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivitiesContinuingOperations" xlink:href="fmx-20251231.xsd#fmx_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivitiesContinuingOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivitiesContinuingOperations" xlink:to="lab_fmx_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivitiesContinuingOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfLeasesExplanatory_019b3310-0320-7231-af31-7c2957ac74b7_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfLeasesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Leases</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfLeasesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfLeasesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of leases [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfLeasesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfLeasesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfLeasesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfLeasesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BenefitsPaidOrPayable_019b3310-0272-7170-8b9d-df08aac7c9bf_negatedLabel_en-US" xlink:label="lab_ifrs-full_BenefitsPaidOrPayable" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Benefits paid</link:label>
    <link:label id="lab_ifrs-full_BenefitsPaidOrPayable_label_en-US" xlink:label="lab_ifrs-full_BenefitsPaidOrPayable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Benefits paid or payable</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BenefitsPaidOrPayable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BenefitsPaidOrPayable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BenefitsPaidOrPayable" xlink:to="lab_ifrs-full_BenefitsPaidOrPayable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_019b3310-0271-714c-a816-e98b5664376b_terseLabel_en-US" xlink:label="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign exchange of the period</link:label>
    <link:label id="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share of other comprehensive income of associates and joint ventures accounted for using equity method, net of tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DiscontinuedOperationsMember_019b3310-03bf-7f14-a80f-910a6e970d18_terseLabel_en-US" xlink:label="lab_ifrs-full_DiscontinuedOperationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discontinued operations</link:label>
    <link:label id="lab_ifrs-full_DiscontinuedOperationsMember_label_en-US" xlink:label="lab_ifrs-full_DiscontinuedOperationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Discontinued operations [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DiscontinuedOperationsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DiscontinuedOperationsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DiscontinuedOperationsMember" xlink:to="lab_ifrs-full_DiscontinuedOperationsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdditionalPaidinCapital_019b3310-0272-79a9-95aa-a4751c05e996_terseLabel_en-US" xlink:label="lab_ifrs-full_AdditionalPaidinCapital" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional paid-in capital</link:label>
    <link:label id="lab_ifrs-full_AdditionalPaidinCapital_label_en-US" xlink:label="lab_ifrs-full_AdditionalPaidinCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional paid-in capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdditionalPaidinCapital" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionalPaidinCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdditionalPaidinCapital" xlink:to="lab_ifrs-full_AdditionalPaidinCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfInvestmentsInSubsidiariesJointVenturesAndAssociatesLineItems_019b3310-019e-76f4-be46-c3c40618ac1b_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfInvestmentsInSubsidiariesJointVenturesAndAssociatesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of Investments in Subsidiaries Joint Ventures and Associates [Line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfInvestmentsInSubsidiariesJointVenturesAndAssociatesLineItems_label_en-US" xlink:label="lab_fmx_DisclosureOfInvestmentsInSubsidiariesJointVenturesAndAssociatesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Investments in Subsidiaries Joint Ventures and Associates [Line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfInvestmentsInSubsidiariesJointVenturesAndAssociatesLineItems_documentation_en-US" xlink:label="lab_fmx_DisclosureOfInvestmentsInSubsidiariesJointVenturesAndAssociatesLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of Investment in subsidiaries joint ventures and associates.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfInvestmentsInSubsidiariesJointVenturesAndAssociatesLineItems" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfInvestmentsInSubsidiariesJointVenturesAndAssociatesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfInvestmentsInSubsidiariesJointVenturesAndAssociatesLineItems" xlink:to="lab_fmx_DisclosureOfInvestmentsInSubsidiariesJointVenturesAndAssociatesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_InvestmentsInSecurities_019b3310-031f-7abd-9261-39a997f48e1c_terseLabel_en-US" xlink:label="lab_fmx_InvestmentsInSecurities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments in securities</link:label>
    <link:label id="lab_fmx_InvestmentsInSecurities_label_en-US" xlink:label="lab_fmx_InvestmentsInSecurities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments In Securities</link:label>
    <link:label id="lab_fmx_InvestmentsInSecurities_documentation_en-US" xlink:label="lab_fmx_InvestmentsInSecurities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investments in securities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_InvestmentsInSecurities" xlink:href="fmx-20251231.xsd#fmx_InvestmentsInSecurities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_InvestmentsInSecurities" xlink:to="lab_fmx_InvestmentsInSecurities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DispensadorasDeCafeS.A.P.I.DeC.VMember_019c42b1-cc2a-7906-af96-da3b9f1500e4_terseLabel_en-US" xlink:label="lab_fmx_DispensadorasDeCafeS.A.P.I.DeC.VMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dispensadoras de Caf&#233;, S.A.P.I. de C.V</link:label>
    <link:label id="lab_fmx_DispensadorasDeCafeS.A.P.I.DeC.VMember_label_en-US" xlink:label="lab_fmx_DispensadorasDeCafeS.A.P.I.DeC.VMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dispensadoras de Caf&#233;, S.A.P.I. de C.V [Member]</link:label>
    <link:label id="lab_fmx_DispensadorasDeCafeS.A.P.I.DeC.VMember_documentation_en-US" xlink:label="lab_fmx_DispensadorasDeCafeS.A.P.I.DeC.VMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dispensadoras de Caf&#233;, S.A.P.I. de C.V</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DispensadorasDeCafeS.A.P.I.DeC.VMember" xlink:href="fmx-20251231.xsd#fmx_DispensadorasDeCafeS.A.P.I.DeC.VMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DispensadorasDeCafeS.A.P.I.DeC.VMember" xlink:to="lab_fmx_DispensadorasDeCafeS.A.P.I.DeC.VMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment_019b3310-0272-7d04-9053-830f7d570919_terseLabel_en-US" xlink:label="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments for the purchase of property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contractual commitments for acquisition of property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_ContractualCommitmentsForAcquisitionOfPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PercentageOfDividendPayables_019b3310-031f-7e89-bc29-48970aebab3d_terseLabel_en-US" xlink:label="lab_fmx_PercentageOfDividendPayables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividend payable, premium, as percentage of non-premium dividend</link:label>
    <link:label id="lab_fmx_PercentageOfDividendPayables_label_en-US" xlink:label="lab_fmx_PercentageOfDividendPayables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Dividend Payables</link:label>
    <link:label id="lab_fmx_PercentageOfDividendPayables_documentation_en-US" xlink:label="lab_fmx_PercentageOfDividendPayables" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of dividend payables.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PercentageOfDividendPayables" xlink:href="fmx-20251231.xsd#fmx_PercentageOfDividendPayables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PercentageOfDividendPayables" xlink:to="lab_fmx_PercentageOfDividendPayables" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CEBURMXNL22Member_019b3310-0271-79f4-abc3-949ad0762d80_terseLabel_en-US" xlink:label="lab_fmx_CEBURMXNL22Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CEBUR MXN L22</link:label>
    <link:label id="lab_fmx_CEBURMXNL22Member_label_en-US" xlink:label="lab_fmx_CEBURMXNL22Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CEBUR MXN L22 [Member]</link:label>
    <link:label id="lab_fmx_CEBURMXNL22Member_documentation_en-US" xlink:label="lab_fmx_CEBURMXNL22Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">CEBUR MXN L22</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CEBURMXNL22Member" xlink:href="fmx-20251231.xsd#fmx_CEBURMXNL22Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CEBURMXNL22Member" xlink:to="lab_fmx_CEBURMXNL22Member" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IntangibleAssetsRenewableTerm_019b3310-0320-7dcb-a4cd-789b39f375b0_terseLabel_en-US" xlink:label="lab_fmx_IntangibleAssetsRenewableTerm" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets renewable term</link:label>
    <link:label id="lab_fmx_IntangibleAssetsRenewableTerm_label_en-US" xlink:label="lab_fmx_IntangibleAssetsRenewableTerm" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intangible Assets Renewable Term</link:label>
    <link:label id="lab_fmx_IntangibleAssetsRenewableTerm_documentation_en-US" xlink:label="lab_fmx_IntangibleAssetsRenewableTerm" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Intangible assets renewable term.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IntangibleAssetsRenewableTerm" xlink:href="fmx-20251231.xsd#fmx_IntangibleAssetsRenewableTerm"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IntangibleAssetsRenewableTerm" xlink:to="lab_fmx_IntangibleAssetsRenewableTerm" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PercentageOfShareOptionsGrantedInShareBasedPaymentArrangementAnnual_019b3310-03bf-79e2-956e-62fa750a50f3_terseLabel_en-US" xlink:label="lab_fmx_PercentageOfShareOptionsGrantedInShareBasedPaymentArrangementAnnual" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of share options granted in share based payment arrangement</link:label>
    <link:label id="lab_fmx_PercentageOfShareOptionsGrantedInShareBasedPaymentArrangementAnnual_label_en-US" xlink:label="lab_fmx_PercentageOfShareOptionsGrantedInShareBasedPaymentArrangementAnnual" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Share Options Granted In Share based Payment Arrangement, Annual</link:label>
    <link:label id="lab_fmx_PercentageOfShareOptionsGrantedInShareBasedPaymentArrangementAnnual_documentation_en-US" xlink:label="lab_fmx_PercentageOfShareOptionsGrantedInShareBasedPaymentArrangementAnnual" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Of Share Options Granted In Share based Payment Arrangement, Annual</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PercentageOfShareOptionsGrantedInShareBasedPaymentArrangementAnnual" xlink:href="fmx-20251231.xsd#fmx_PercentageOfShareOptionsGrantedInShareBasedPaymentArrangementAnnual"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PercentageOfShareOptionsGrantedInShareBasedPaymentArrangementAnnual" xlink:to="lab_fmx_PercentageOfShareOptionsGrantedInShareBasedPaymentArrangementAnnual" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CurrentRestrictedCash_019b3310-031f-7887-b51d-95e558e87e32_terseLabel_en-US" xlink:label="lab_fmx_CurrentRestrictedCash" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted cash</link:label>
    <link:label id="lab_fmx_CurrentRestrictedCash_label_en-US" xlink:label="lab_fmx_CurrentRestrictedCash" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Restricted Cash</link:label>
    <link:label id="lab_fmx_CurrentRestrictedCash_documentation_en-US" xlink:label="lab_fmx_CurrentRestrictedCash" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Current restricted cash.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CurrentRestrictedCash" xlink:href="fmx-20251231.xsd#fmx_CurrentRestrictedCash"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CurrentRestrictedCash" xlink:to="lab_fmx_CurrentRestrictedCash" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfProvisionsExplanatory_019b3310-03bf-7fb3-b5f2-cd455f37eb07_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfProvisionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Provisions Recorded in the Statement of Financial Position</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfProvisionsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfProvisionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of provisions [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfProvisionsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfProvisionsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfProvisionsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfProvisionsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfCashFlowsAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfCashFlowsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of cash flows [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfCashFlowsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfCashFlowsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfCashFlowsAbstract" xlink:to="lab_ifrs-full_StatementOfCashFlowsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsTable_019b3310-019e-74ab-9409-6c2212e1acbf_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialAssetsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialAssetsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialAssetsTable" xlink:to="lab_ifrs-full_DisclosureOfFinancialAssetsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_HeinekenInvestmentMember_019b3310-0320-7857-a8b3-0ec1757d8e22_terseLabel_en-US" xlink:label="lab_fmx_HeinekenInvestmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Heineken</link:label>
    <link:label id="lab_fmx_HeinekenInvestmentMember_label_en-US" xlink:label="lab_fmx_HeinekenInvestmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Heineken Investment [Member]</link:label>
    <link:label id="lab_fmx_HeinekenInvestmentMember_documentation_en-US" xlink:label="lab_fmx_HeinekenInvestmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Heineken investment.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_HeinekenInvestmentMember" xlink:href="fmx-20251231.xsd#fmx_HeinekenInvestmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_HeinekenInvestmentMember" xlink:to="lab_fmx_HeinekenInvestmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfSignificantAccountingPoliciesLineItems_019b3310-03bf-7239-bf4f-649073d3503f_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfSignificantAccountingPoliciesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of significant accounting policies [line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfSignificantAccountingPoliciesLineItems_label_en-US" xlink:label="lab_fmx_DisclosureOfSignificantAccountingPoliciesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of significant accounting policies [line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfSignificantAccountingPoliciesLineItems_documentation_en-US" xlink:label="lab_fmx_DisclosureOfSignificantAccountingPoliciesLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of significant accounting policies.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfSignificantAccountingPoliciesLineItems" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfSignificantAccountingPoliciesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfSignificantAccountingPoliciesLineItems" xlink:to="lab_fmx_DisclosureOfSignificantAccountingPoliciesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AccumulatedOtherComprehensiveIncome_019b3310-031f-7bfe-8c1c-b6955bd5cdea_verboseLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income (loss)</link:label>
    <link:label id="lab_ifrs-full_AccumulatedOtherComprehensiveIncome_019b3310-031f-782a-9a3b-7df53e5a7662_totalLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Accumulated other comprehensive loss</link:label>
    <link:label id="lab_ifrs-full_AccumulatedOtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccumulatedOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:to="lab_ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_country_CR_019b3310-03bf-7fdc-a3bc-fbd0e443c555_terseLabel_en-US" xlink:label="lab_country_CR" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Costa Rica</link:label>
    <link:label id="lab_country_CR_label_en-US" xlink:label="lab_country_CR" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">COSTA RICA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_CR" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_CR"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CR" xlink:to="lab_country_CR" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember_019b3310-03be-7fde-ad65-6df02d5a7937_terseLabel_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Actuarial assumption of medical cost trend rates</link:label>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember_label_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Actuarial assumption of medical cost trend rates [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember" xlink:to="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRatesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ProceedsFromPaymentsForDerivativeFinancialInstrumentInvestingActivities_019b3310-0320-7827-ac1e-face0c86413c_terseLabel_en-US" xlink:label="lab_fmx_ProceedsFromPaymentsForDerivativeFinancialInstrumentInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative financial instruments</link:label>
    <link:label id="lab_fmx_ProceedsFromPaymentsForDerivativeFinancialInstrumentInvestingActivities_label_en-US" xlink:label="lab_fmx_ProceedsFromPaymentsForDerivativeFinancialInstrumentInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds From (Payments For) Derivative Financial Instrument Investing Activities</link:label>
    <link:label id="lab_fmx_ProceedsFromPaymentsForDerivativeFinancialInstrumentInvestingActivities_documentation_en-US" xlink:label="lab_fmx_ProceedsFromPaymentsForDerivativeFinancialInstrumentInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payments for proceeds from derivative financial instrument investing activities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ProceedsFromPaymentsForDerivativeFinancialInstrumentInvestingActivities" xlink:href="fmx-20251231.xsd#fmx_ProceedsFromPaymentsForDerivativeFinancialInstrumentInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ProceedsFromPaymentsForDerivativeFinancialInstrumentInvestingActivities" xlink:to="lab_fmx_ProceedsFromPaymentsForDerivativeFinancialInstrumentInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AdvertisingAndPromotionalExpensesPaidInAdvance_019b3310-03bf-7b84-966c-aadd04b16497_terseLabel_en-US" xlink:label="lab_fmx_AdvertisingAndPromotionalExpensesPaidInAdvance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advertising and promotional expenses paid in advance</link:label>
    <link:label id="lab_fmx_AdvertisingAndPromotionalExpensesPaidInAdvance_label_en-US" xlink:label="lab_fmx_AdvertisingAndPromotionalExpensesPaidInAdvance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advertising And Promotional Expenses Paid In Advance</link:label>
    <link:label id="lab_fmx_AdvertisingAndPromotionalExpensesPaidInAdvance_documentation_en-US" xlink:label="lab_fmx_AdvertisingAndPromotionalExpensesPaidInAdvance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advertising and promotional expenses paid in advance.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AdvertisingAndPromotionalExpensesPaidInAdvance" xlink:href="fmx-20251231.xsd#fmx_AdvertisingAndPromotionalExpensesPaidInAdvance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AdvertisingAndPromotionalExpensesPaidInAdvance" xlink:to="lab_fmx_AdvertisingAndPromotionalExpensesPaidInAdvance" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BorrowingsAmortizationCost_019b3310-0271-76ff-9ef5-a4c62c36d719_terseLabel_en-US" xlink:label="lab_fmx_BorrowingsAmortizationCost" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization cost</link:label>
    <link:label id="lab_fmx_BorrowingsAmortizationCost_label_en-US" xlink:label="lab_fmx_BorrowingsAmortizationCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings, Amortization Cost</link:label>
    <link:label id="lab_fmx_BorrowingsAmortizationCost_documentation_en-US" xlink:label="lab_fmx_BorrowingsAmortizationCost" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Borrowings, Amortization Cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BorrowingsAmortizationCost" xlink:href="fmx-20251231.xsd#fmx_BorrowingsAmortizationCost"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BorrowingsAmortizationCost" xlink:to="lab_fmx_BorrowingsAmortizationCost" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans_019b3310-0320-722b-84a1-5e0fbe8f387e_terseLabel_en-US" xlink:label="lab_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Post-employment benefits</link:label>
    <link:label id="lab_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans_label_en-US" xlink:label="lab_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Post-employment benefit expense in profit or loss, defined benefit plans</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans" xlink:to="lab_ifrs-full_PostemploymentBenefitExpenseDefinedBenefitPlans" xlink:type="arc" order="1"/>
    <link:label id="lab_country_DE_019b3310-0272-724f-b82e-5bd681381ce2_terseLabel_en-US" xlink:label="lab_country_DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Germany</link:label>
    <link:label id="lab_country_DE_label_en-US" xlink:label="lab_country_DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">GERMANY</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_DE" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_DE"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_DE" xlink:to="lab_country_DE" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_HedgedItemsAxis_019b3310-0272-7e7a-84b4-8e5849e9565b_terseLabel_en-US" xlink:label="lab_ifrs-full_HedgedItemsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedged items [axis]</link:label>
    <link:label id="lab_ifrs-full_HedgedItemsAxis_label_en-US" xlink:label="lab_ifrs-full_HedgedItemsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedged items [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_HedgedItemsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_HedgedItemsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_HedgedItemsAxis" xlink:to="lab_ifrs-full_HedgedItemsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfSummarizedFinancialInformationTableTextBlock_019b3310-0272-7b9a-a6a6-e2bd10c86c5c_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfSummarizedFinancialInformationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Financial Information of Coca-Cola FEMSA</link:label>
    <link:label id="lab_fmx_DisclosureOfSummarizedFinancialInformationTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfSummarizedFinancialInformationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Summarized Financial Information [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfSummarizedFinancialInformationTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfSummarizedFinancialInformationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of summarized financial information.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfSummarizedFinancialInformationTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfSummarizedFinancialInformationTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfSummarizedFinancialInformationTableTextBlock" xlink:to="lab_fmx_DisclosureOfSummarizedFinancialInformationTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_FirstBondsLinkedDebtMember_019b3310-03bf-7321-9b62-43eadbd7da47_terseLabel_en-US" xlink:label="lab_fmx_FirstBondsLinkedDebtMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">First Bonds Linked Debt</link:label>
    <link:label id="lab_fmx_FirstBondsLinkedDebtMember_label_en-US" xlink:label="lab_fmx_FirstBondsLinkedDebtMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">First Bonds Linked Debt [Member]</link:label>
    <link:label id="lab_fmx_FirstBondsLinkedDebtMember_documentation_en-US" xlink:label="lab_fmx_FirstBondsLinkedDebtMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">It pertains to the first bonds linked debt.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_FirstBondsLinkedDebtMember" xlink:href="fmx-20251231.xsd#fmx_FirstBondsLinkedDebtMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_FirstBondsLinkedDebtMember" xlink:to="lab_fmx_FirstBondsLinkedDebtMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherEmployeeExpense_019b3310-0271-792b-a7de-324977f3be16_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherEmployeeExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Compensation expense</link:label>
    <link:label id="lab_ifrs-full_OtherEmployeeExpense_label_en-US" xlink:label="lab_ifrs-full_OtherEmployeeExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other employee expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherEmployeeExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherEmployeeExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherEmployeeExpense" xlink:to="lab_ifrs-full_OtherEmployeeExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_InformationTechnologyEquipmentMember_019b3310-03bf-7bab-9bbb-bab98d9aad1c_terseLabel_en-US" xlink:label="lab_fmx_InformationTechnologyEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Information technology equipment</link:label>
    <link:label id="lab_fmx_InformationTechnologyEquipmentMember_label_en-US" xlink:label="lab_fmx_InformationTechnologyEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Information technology equipment [Member]</link:label>
    <link:label id="lab_fmx_InformationTechnologyEquipmentMember_documentation_en-US" xlink:label="lab_fmx_InformationTechnologyEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information technology equipment.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_InformationTechnologyEquipmentMember" xlink:href="fmx-20251231.xsd#fmx_InformationTechnologyEquipmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_InformationTechnologyEquipmentMember" xlink:to="lab_fmx_InformationTechnologyEquipmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentInterestPayable_019b3310-031f-7ea5-8cda-eb246c3cb390_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentInterestPayable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest payable</link:label>
    <link:label id="lab_ifrs-full_CurrentInterestPayable_label_en-US" xlink:label="lab_ifrs-full_CurrentInterestPayable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current interest payable</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentInterestPayable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentInterestPayable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentInterestPayable" xlink:to="lab_ifrs-full_CurrentInterestPayable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CancellationEffectsHedgeOfForeignNetInvestment_019b3310-031f-70c4-817c-d432484b0eb8_terseLabel_en-US" xlink:label="lab_fmx_CancellationEffectsHedgeOfForeignNetInvestment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cancellation effects of hedge of foreign net investment</link:label>
    <link:label id="lab_fmx_CancellationEffectsHedgeOfForeignNetInvestment_label_en-US" xlink:label="lab_fmx_CancellationEffectsHedgeOfForeignNetInvestment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cancellation Effects, Hedge Of Foreign Net Investment</link:label>
    <link:label id="lab_fmx_CancellationEffectsHedgeOfForeignNetInvestment_documentation_en-US" xlink:label="lab_fmx_CancellationEffectsHedgeOfForeignNetInvestment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cancellation Effects, Hedge Of Foreign Net Investment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CancellationEffectsHedgeOfForeignNetInvestment" xlink:href="fmx-20251231.xsd#fmx_CancellationEffectsHedgeOfForeignNetInvestment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CancellationEffectsHedgeOfForeignNetInvestment" xlink:to="lab_fmx_CancellationEffectsHedgeOfForeignNetInvestment" xlink:type="arc" order="1"/>
    <link:label id="lab_country_BR_019b3310-0320-7bcd-89ff-cba0f6ff8623_terseLabel_en-US" xlink:label="lab_country_BR" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brazil</link:label>
    <link:label id="lab_country_BR_label_en-US" xlink:label="lab_country_BR" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">BRAZIL</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_BR" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_BR"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_BR" xlink:to="lab_country_BR" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CustomerrelatedIntangibleAssetsMember_019b3310-0271-77f8-ac85-e06f078af19f_terseLabel_en-US" xlink:label="lab_ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Customer-related intangible assets</link:label>
    <link:label id="lab_ifrs-full_CustomerrelatedIntangibleAssetsMember_019bd018-59ad-7435-80e3-f9b5c6f617e5_verboseLabel_en-US" xlink:label="lab_ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Customer relationships</link:label>
    <link:label id="lab_ifrs-full_CustomerrelatedIntangibleAssetsMember_label_en-US" xlink:label="lab_ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Customer-related intangible assets [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CustomerrelatedIntangibleAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:to="lab_ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LongTermForeignCurrencyFinancialLiabilities_019b3310-0271-7bf7-8ab1-136054092cb6_terseLabel_en-US" xlink:label="lab_fmx_LongTermForeignCurrencyFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-Term Liabilities</link:label>
    <link:label id="lab_fmx_LongTermForeignCurrencyFinancialLiabilities_label_en-US" xlink:label="lab_fmx_LongTermForeignCurrencyFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long Term Foreign Currency Financial Liabilities</link:label>
    <link:label id="lab_fmx_LongTermForeignCurrencyFinancialLiabilities_documentation_en-US" xlink:label="lab_fmx_LongTermForeignCurrencyFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Long term foreign currency financial liabilities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LongTermForeignCurrencyFinancialLiabilities" xlink:href="fmx-20251231.xsd#fmx_LongTermForeignCurrencyFinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LongTermForeignCurrencyFinancialLiabilities" xlink:to="lab_fmx_LongTermForeignCurrencyFinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod_019b3310-019e-7418-b528-b5b419afb4dc_verboseLabel_en-US" xlink:label="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Equity method accounted investees</link:label>
    <link:label id="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod_019b3310-019e-7904-96a6-3b1f0fe3e9ce_terseLabel_en-US" xlink:label="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying Value</link:label>
    <link:label id="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod_019b3310-019e-7335-8135-11f730f13607_netLabel_en-US" xlink:label="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Investments in equity method accounted investees</link:label>
    <link:label id="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments accounted for using equity method</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InvestmentAccountedForUsingEquityMethod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_InvestmentAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherLongTermProvisionsAndOtherNoncurrentNonfinancialLiabilities_019b3310-0271-7149-a3a0-28124d8c40aa_totalLabel_en-US" xlink:label="lab_fmx_OtherLongTermProvisionsAndOtherNoncurrentNonfinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_fmx_OtherLongTermProvisionsAndOtherNoncurrentNonfinancialLiabilities_label_en-US" xlink:label="lab_fmx_OtherLongTermProvisionsAndOtherNoncurrentNonfinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Long Term Provisions And Other Noncurrent Nonfinancial Liabilities</link:label>
    <link:label id="lab_fmx_OtherLongTermProvisionsAndOtherNoncurrentNonfinancialLiabilities_documentation_en-US" xlink:label="lab_fmx_OtherLongTermProvisionsAndOtherNoncurrentNonfinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of non-current provisions other than provisions for employee benefits plus the amount of non-current non-financial liabilities that the entity does not separately disclose in the same statement or note.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherLongTermProvisionsAndOtherNoncurrentNonfinancialLiabilities" xlink:href="fmx-20251231.xsd#fmx_OtherLongTermProvisionsAndOtherNoncurrentNonfinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherLongTermProvisionsAndOtherNoncurrentNonfinancialLiabilities" xlink:to="lab_fmx_OtherLongTermProvisionsAndOtherNoncurrentNonfinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_MarketValueGainOnFinancialInstrumentsMember_019b3310-03bf-70ed-83a7-8f120fafb077_terseLabel_en-US" xlink:label="lab_fmx_MarketValueGainOnFinancialInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Market value gain on financial instruments</link:label>
    <link:label id="lab_fmx_MarketValueGainOnFinancialInstrumentsMember_label_en-US" xlink:label="lab_fmx_MarketValueGainOnFinancialInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Market Value Gain On Financial Instruments [Member]</link:label>
    <link:label id="lab_fmx_MarketValueGainOnFinancialInstrumentsMember_documentation_en-US" xlink:label="lab_fmx_MarketValueGainOnFinancialInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unrealised gain losses on derivative financial instruments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_MarketValueGainOnFinancialInstrumentsMember" xlink:href="fmx-20251231.xsd#fmx_MarketValueGainOnFinancialInstrumentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_MarketValueGainOnFinancialInstrumentsMember" xlink:to="lab_fmx_MarketValueGainOnFinancialInstrumentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AssetsAcquisitionsThroughForeignCurrency_019b3310-0320-77c5-87b4-30db590c15eb_terseLabel_en-US" xlink:label="lab_fmx_AssetsAcquisitionsThroughForeignCurrency" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asset&#160;Acquisitions</link:label>
    <link:label id="lab_fmx_AssetsAcquisitionsThroughForeignCurrency_label_en-US" xlink:label="lab_fmx_AssetsAcquisitionsThroughForeignCurrency" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets Acquisitions Through Foreign Currency</link:label>
    <link:label id="lab_fmx_AssetsAcquisitionsThroughForeignCurrency_documentation_en-US" xlink:label="lab_fmx_AssetsAcquisitionsThroughForeignCurrency" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Assets acquisitions through foreign currency.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AssetsAcquisitionsThroughForeignCurrency" xlink:href="fmx-20251231.xsd#fmx_AssetsAcquisitionsThroughForeignCurrency"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AssetsAcquisitionsThroughForeignCurrency" xlink:to="lab_fmx_AssetsAcquisitionsThroughForeignCurrency" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateTable_019b3310-031f-7bcd-940c-d014a6328250_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of financial instruments by type of interest rate [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial instruments by type of interest rate [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateTable" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_RetailStoresMember_019b3310-0272-7ac5-a265-359dea23f265_terseLabel_en-US" xlink:label="lab_fmx_RetailStoresMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retail Stores</link:label>
    <link:label id="lab_fmx_RetailStoresMember_label_en-US" xlink:label="lab_fmx_RetailStoresMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retail Stores [Member]</link:label>
    <link:label id="lab_fmx_RetailStoresMember_documentation_en-US" xlink:label="lab_fmx_RetailStoresMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Retail Stores</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_RetailStoresMember" xlink:href="fmx-20251231.xsd#fmx_RetailStoresMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_RetailStoresMember" xlink:to="lab_fmx_RetailStoresMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ICMSMember_019b3310-03bf-7e4c-ad8e-35cacb403ad7_terseLabel_en-US" xlink:label="lab_fmx_ICMSMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ICMS</link:label>
    <link:label id="lab_fmx_ICMSMember_label_en-US" xlink:label="lab_fmx_ICMSMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">ICMS [Member]</link:label>
    <link:label id="lab_fmx_ICMSMember_documentation_en-US" xlink:label="lab_fmx_ICMSMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other tax authority.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ICMSMember" xlink:href="fmx-20251231.xsd#fmx_ICMSMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ICMSMember" xlink:to="lab_fmx_ICMSMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromExpenseIncomeInProfitOrLoss_019cff98-ed2d-7f4e-8948-b57c990e40f7_totalLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromExpenseIncomeInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromExpenseIncomeInProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromExpenseIncomeInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in net defined benefit liability (asset) resulting from expense (income) in profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromExpenseIncomeInProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromExpenseIncomeInProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromExpenseIncomeInProfitOrLoss" xlink:to="lab_ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromExpenseIncomeInProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherCurrentFinancialLiabilities_019b3310-03bf-70eb-8b73-8faed979c85d_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherCurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other current financial liabilities</link:label>
    <link:label id="lab_ifrs-full_OtherCurrentFinancialLiabilities_019b3310-03bf-775e-9d22-afac4d211c3b_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherCurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ifrs-full_OtherCurrentFinancialLiabilities_label_en-US" xlink:label="lab_ifrs-full_OtherCurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other current financial liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherCurrentFinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherCurrentFinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherCurrentFinancialLiabilities" xlink:to="lab_ifrs-full_OtherCurrentFinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems_019b3310-0320-7af4-8356-5e8b95c59a02_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of transactions between related parties [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of transactions between related parties [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BDUnitsMember_019b3310-0447-7e84-b460-68ce3ae7b4f2_terseLabel_en-US" xlink:label="lab_fmx_BDUnitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">&#8220;BD&#8221;&#160;Units</link:label>
    <link:label id="lab_fmx_BDUnitsMember_label_en-US" xlink:label="lab_fmx_BDUnitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">BD Units [Member]</link:label>
    <link:label id="lab_fmx_BDUnitsMember_documentation_en-US" xlink:label="lab_fmx_BDUnitsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">BD Units</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BDUnitsMember" xlink:href="fmx-20251231.xsd#fmx_BDUnitsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BDUnitsMember" xlink:to="lab_fmx_BDUnitsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AmortisationExpense_019b3310-03bf-72e7-ae21-679b159fa225_terseLabel_en-US" xlink:label="lab_ifrs-full_AmortisationExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortisation expense</link:label>
    <link:label id="lab_ifrs-full_AmortisationExpense_label_en-US" xlink:label="lab_ifrs-full_AmortisationExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortisation expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AmortisationExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AmortisationExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AmortisationExpense" xlink:to="lab_ifrs-full_AmortisationExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_MaximumPercentageForVoting_019b3310-03bf-7c34-b5cf-a0c5417cd4eb_terseLabel_en-US" xlink:label="lab_fmx_MaximumPercentageForVoting" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum percentage for voting right</link:label>
    <link:label id="lab_fmx_MaximumPercentageForVoting_label_en-US" xlink:label="lab_fmx_MaximumPercentageForVoting" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum Percentage For Voting</link:label>
    <link:label id="lab_fmx_MaximumPercentageForVoting_documentation_en-US" xlink:label="lab_fmx_MaximumPercentageForVoting" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Maximum percentage for voting.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_MaximumPercentageForVoting" xlink:href="fmx-20251231.xsd#fmx_MaximumPercentageForVoting"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_MaximumPercentageForVoting" xlink:to="lab_fmx_MaximumPercentageForVoting" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems_019b3310-0271-759f-9c5d-da5c465a9947_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedging instruments [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedging instruments [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_019b3310-031f-7079-880f-589d7f53dfb8_terseLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">The amounts included in non-financial costs:</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_019b3310-031f-7f92-b366-d324a71aca7f_verboseLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Unrealized gain (loss) on cash flow hedges</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income tax relating to cash flow hedges included in other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:to="lab_ifrs-full_IncomeTaxRelatingToCashFlowHedgesOfOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OrdinarySharesSeriesDMember_019b3310-03bf-7650-96a7-c88c6588bf3a_terseLabel_en-US" xlink:label="lab_fmx_OrdinarySharesSeriesDMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series D</link:label>
    <link:label id="lab_fmx_OrdinarySharesSeriesDMember_label_en-US" xlink:label="lab_fmx_OrdinarySharesSeriesDMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ordinary Shares, Series D [Member]</link:label>
    <link:label id="lab_fmx_OrdinarySharesSeriesDMember_documentation_en-US" xlink:label="lab_fmx_OrdinarySharesSeriesDMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series D.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OrdinarySharesSeriesDMember" xlink:href="fmx-20251231.xsd#fmx_OrdinarySharesSeriesDMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OrdinarySharesSeriesDMember" xlink:to="lab_fmx_OrdinarySharesSeriesDMember" xlink:type="arc" order="1"/>
    <link:label id="lab_country_CH_019b3310-03bf-70f9-b2d2-040ecfbc705c_terseLabel_en-US" xlink:label="lab_country_CH" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Switzerland</link:label>
    <link:label id="lab_country_CH_label_en-US" xlink:label="lab_country_CH" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">SWITZERLAND</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_CH" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_CH"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CH" xlink:to="lab_country_CH" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_019b3310-03bf-7586-9e8d-803a09881510_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current investments other than investments accounted for using equity method</link:label>
    <link:label id="lab_ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current investments other than investments accounted for using equity method</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_NoncurrentInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
    <link:label id="lab_country_CL_019b3310-03bf-7d88-9f23-9f94d19b9fff_terseLabel_en-US" xlink:label="lab_country_CL" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Chile</link:label>
    <link:label id="lab_country_CL_label_en-US" xlink:label="lab_country_CL" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CHILE</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_CL" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_CL"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CL" xlink:to="lab_country_CL" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfShareCapitalDomain_019b3310-019e-7f24-b556-2f028fbb3c8e_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of share capital [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfShareCapitalDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of share capital [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfShareCapitalDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfShareCapitalDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfShareCapitalDomain" xlink:to="lab_ifrs-full_ClassesOfShareCapitalDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForDeferredTaxOfPriorPeriods_019b3310-03bf-7aba-90bc-68866a0b988f_negatedLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDeferredTaxOfPriorPeriods" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Utilization (benefit) of tax losses, net</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForDeferredTaxOfPriorPeriods_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDeferredTaxOfPriorPeriods" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for deferred tax of prior periods</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForDeferredTaxOfPriorPeriods" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForDeferredTaxOfPriorPeriods"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDeferredTaxOfPriorPeriods" xlink:to="lab_ifrs-full_AdjustmentsForDeferredTaxOfPriorPeriods" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PercentageOfReasonablyPossibleDecreaseInActuarialAssumption_019b3310-0272-76f2-82b3-c5b4b8ac769e_terseLabel_en-US" xlink:label="lab_ifrs-full_PercentageOfReasonablyPossibleDecreaseInActuarialAssumption" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of reasonably possible decrease in actuarial assumption</link:label>
    <link:label id="lab_ifrs-full_PercentageOfReasonablyPossibleDecreaseInActuarialAssumption_label_en-US" xlink:label="lab_ifrs-full_PercentageOfReasonablyPossibleDecreaseInActuarialAssumption" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage of reasonably possible decrease in actuarial assumption</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PercentageOfReasonablyPossibleDecreaseInActuarialAssumption" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PercentageOfReasonablyPossibleDecreaseInActuarialAssumption"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PercentageOfReasonablyPossibleDecreaseInActuarialAssumption" xlink:to="lab_ifrs-full_PercentageOfReasonablyPossibleDecreaseInActuarialAssumption" xlink:type="arc" order="1"/>
    <link:label id="lab_country_CO_019b3310-03bf-7a60-b094-cfc2865c0213_terseLabel_en-US" xlink:label="lab_country_CO" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Colombia</link:label>
    <link:label id="lab_country_CO_label_en-US" xlink:label="lab_country_CO" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">COLOMBIA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_CO" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_CO"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CO" xlink:to="lab_country_CO" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfOutstandingForwardAgreementsToPurchaseForeignCurrencyTableTextBlock_019b3310-019e-70ee-ac46-0f7209ecc086_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfOutstandingForwardAgreementsToPurchaseForeignCurrencyTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Disclosure of Outstanding Forward Agreements to Purchase Foreign Currency</link:label>
    <link:label id="lab_fmx_DisclosureOfOutstandingForwardAgreementsToPurchaseForeignCurrencyTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfOutstandingForwardAgreementsToPurchaseForeignCurrencyTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Outstanding Forward Agreements To Purchase Foreign Currency [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfOutstandingForwardAgreementsToPurchaseForeignCurrencyTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfOutstandingForwardAgreementsToPurchaseForeignCurrencyTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of outstanding forward agreements to purchase foreign currency.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfOutstandingForwardAgreementsToPurchaseForeignCurrencyTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfOutstandingForwardAgreementsToPurchaseForeignCurrencyTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfOutstandingForwardAgreementsToPurchaseForeignCurrencyTableTextBlock" xlink:to="lab_fmx_DisclosureOfOutstandingForwardAgreementsToPurchaseForeignCurrencyTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementExplanatory_019b3310-0320-74ee-ad32-eaba7763f3c8_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Number of Shares Held by the Trust</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementExplanatory" xlink:to="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IfrsLossContingencyDamagesSoughtValue_019b3310-0320-7ffe-b503-cc7191f45ab5_terseLabel_en-US" xlink:label="lab_fmx_IfrsLossContingencyDamagesSoughtValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aggregate amount claimed against company</link:label>
    <link:label id="lab_fmx_IfrsLossContingencyDamagesSoughtValue_label_en-US" xlink:label="lab_fmx_IfrsLossContingencyDamagesSoughtValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">IFRS Loss Contingency, Damages Sought, Value</link:label>
    <link:label id="lab_fmx_IfrsLossContingencyDamagesSoughtValue_documentation_en-US" xlink:label="lab_fmx_IfrsLossContingencyDamagesSoughtValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The value (monetary amount) of the award the plaintiff seeks in the legal matter.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IfrsLossContingencyDamagesSoughtValue" xlink:href="fmx-20251231.xsd#fmx_IfrsLossContingencyDamagesSoughtValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IfrsLossContingencyDamagesSoughtValue" xlink:to="lab_fmx_IfrsLossContingencyDamagesSoughtValue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_019b3310-019e-731b-bb6e-9e991b6dc637_terseLabel_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Salary increase</link:label>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_label_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Actuarial assumption of expected rates of salary increases</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" xlink:to="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfFinancialInstrumentsToHedgeExposureToForeignExchangeRatesAndInterestRateExplanatoryTableTextBlock_019b3310-03bf-7de6-a6ad-96cad45e1d08_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfFinancialInstrumentsToHedgeExposureToForeignExchangeRatesAndInterestRateExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Financial Instruments to Hedge Exposure to Foreign Exchange Rates and Interest Rates</link:label>
    <link:label id="lab_fmx_DisclosureOfFinancialInstrumentsToHedgeExposureToForeignExchangeRatesAndInterestRateExplanatoryTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfFinancialInstrumentsToHedgeExposureToForeignExchangeRatesAndInterestRateExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Financial Instruments To Hedge Exposure To Foreign Exchange Rates And Interest Rate Explanatory [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfFinancialInstrumentsToHedgeExposureToForeignExchangeRatesAndInterestRateExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfFinancialInstrumentsToHedgeExposureToForeignExchangeRatesAndInterestRateExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of financial instruments to hedge exposure to foreign exchange rates and interest rate.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfFinancialInstrumentsToHedgeExposureToForeignExchangeRatesAndInterestRateExplanatoryTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfFinancialInstrumentsToHedgeExposureToForeignExchangeRatesAndInterestRateExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfFinancialInstrumentsToHedgeExposureToForeignExchangeRatesAndInterestRateExplanatoryTableTextBlock" xlink:to="lab_fmx_DisclosureOfFinancialInstrumentsToHedgeExposureToForeignExchangeRatesAndInterestRateExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_ContactPersonnelEmailAddress_019b3310-019e-791d-9ac7-476ef000c6bf_terseLabel_en-US" xlink:label="lab_dei_ContactPersonnelEmailAddress" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contact Personnel Email Address</link:label>
    <link:label id="lab_dei_ContactPersonnelEmailAddress_label_en-US" xlink:label="lab_dei_ContactPersonnelEmailAddress" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contact Personnel Email Address</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_ContactPersonnelEmailAddress" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_ContactPersonnelEmailAddress"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_ContactPersonnelEmailAddress" xlink:to="lab_dei_ContactPersonnelEmailAddress" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperationsIncludedInNetCash_019b3310-0271-7e24-8664-f254aae5b9d0_terseLabel_en-US" xlink:label="lab_fmx_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperationsIncludedInNetCash" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase in cash and cash equivalents from discontinuing operations</link:label>
    <link:label id="lab_fmx_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperationsIncludedInNetCash_label_en-US" xlink:label="lab_fmx_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperationsIncludedInNetCash" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) In Cash And Cash Equivalents Discontinued Operations, Included In Net Cash</link:label>
    <link:label id="lab_fmx_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperationsIncludedInNetCash_documentation_en-US" xlink:label="lab_fmx_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperationsIncludedInNetCash" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) In Cash And Cash Equivalents Discontinued Operations, Included In Net Cash</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperationsIncludedInNetCash" xlink:href="fmx-20251231.xsd#fmx_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperationsIncludedInNetCash"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperationsIncludedInNetCash" xlink:to="lab_fmx_IncreaseDecreaseInCashAndCashEquivalentsDiscontinuedOperationsIncludedInNetCash" xlink:type="arc" order="1"/>
    <link:label id="lab_country_AR_019b3310-031f-77fe-8946-9bc846e1f9d5_terseLabel_en-US" xlink:label="lab_country_AR" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Argentina</link:label>
    <link:label id="lab_country_AR_label_en-US" xlink:label="lab_country_AR" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">ARGENTINA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_AR" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_AR"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_AR" xlink:to="lab_country_AR" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfFairValueOfCommodityPriceContractsTableTextBlock_019b3310-0272-7559-9346-43a8cd78d8b4_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfFairValueOfCommodityPriceContractsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Disclosure of Fair Value of Commodity Price Contracts</link:label>
    <link:label id="lab_fmx_DisclosureOfFairValueOfCommodityPriceContractsTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfFairValueOfCommodityPriceContractsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Fair Value Of Commodity Price Contracts [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfFairValueOfCommodityPriceContractsTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfFairValueOfCommodityPriceContractsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of fair value of commodity price contracts.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfFairValueOfCommodityPriceContractsTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfFairValueOfCommodityPriceContractsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfFairValueOfCommodityPriceContractsTableTextBlock" xlink:to="lab_fmx_DisclosureOfFairValueOfCommodityPriceContractsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EffectOfAssetCeilingMember_019b3310-0320-7ea5-993d-f54272e8f963_terseLabel_en-US" xlink:label="lab_ifrs-full_EffectOfAssetCeilingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect due to asset ceiling</link:label>
    <link:label id="lab_ifrs-full_EffectOfAssetCeilingMember_label_en-US" xlink:label="lab_ifrs-full_EffectOfAssetCeilingMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effect of asset ceiling [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EffectOfAssetCeilingMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EffectOfAssetCeilingMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EffectOfAssetCeilingMember" xlink:to="lab_ifrs-full_EffectOfAssetCeilingMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_HeinekenCompanyMember_019b3310-03bf-71fa-b4a5-482703c80cd2_terseLabel_en-US" xlink:label="lab_fmx_HeinekenCompanyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Heineken Company</link:label>
    <link:label id="lab_fmx_HeinekenCompanyMember_label_en-US" xlink:label="lab_fmx_HeinekenCompanyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Heineken Company [Member]</link:label>
    <link:label id="lab_fmx_HeinekenCompanyMember_documentation_en-US" xlink:label="lab_fmx_HeinekenCompanyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Heineken NV.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_HeinekenCompanyMember" xlink:href="fmx-20251231.xsd#fmx_HeinekenCompanyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_HeinekenCompanyMember" xlink:to="lab_fmx_HeinekenCompanyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherReceivableRelatedPartyTransaction_019b3310-0271-7b88-82b1-1da65af7f9b8_terseLabel_en-US" xlink:label="lab_fmx_OtherReceivableRelatedPartyTransaction" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other receivables</link:label>
    <link:label id="lab_fmx_OtherReceivableRelatedPartyTransaction_label_en-US" xlink:label="lab_fmx_OtherReceivableRelatedPartyTransaction" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Receivable Related Party Transaction</link:label>
    <link:label id="lab_fmx_OtherReceivableRelatedPartyTransaction_documentation_en-US" xlink:label="lab_fmx_OtherReceivableRelatedPartyTransaction" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other receivable related party transaction.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherReceivableRelatedPartyTransaction" xlink:href="fmx-20251231.xsd#fmx_OtherReceivableRelatedPartyTransaction"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherReceivableRelatedPartyTransaction" xlink:to="lab_fmx_OtherReceivableRelatedPartyTransaction" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BakedGoodsAndSnacksMember_019b3310-0272-72d0-87c6-7bf7555c47c1_terseLabel_en-US" xlink:label="lab_fmx_BakedGoodsAndSnacksMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Baked goods and snacks</link:label>
    <link:label id="lab_fmx_BakedGoodsAndSnacksMember_label_en-US" xlink:label="lab_fmx_BakedGoodsAndSnacksMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Baked Goods And Snacks [Member]</link:label>
    <link:label id="lab_fmx_BakedGoodsAndSnacksMember_documentation_en-US" xlink:label="lab_fmx_BakedGoodsAndSnacksMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Baked goods and snacks.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BakedGoodsAndSnacksMember" xlink:href="fmx-20251231.xsd#fmx_BakedGoodsAndSnacksMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BakedGoodsAndSnacksMember" xlink:to="lab_fmx_BakedGoodsAndSnacksMember" xlink:type="arc" order="1"/>
    <link:label id="lab_country_AT_019b3310-0272-719c-81dc-4db0c29c113e_terseLabel_en-US" xlink:label="lab_country_AT" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Austria</link:label>
    <link:label id="lab_country_AT_label_en-US" xlink:label="lab_country_AT" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">AUSTRIA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_AT" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_AT"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_AT" xlink:to="lab_country_AT" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentShellCompanyReport_019b3310-03bf-7698-b433-6827439e31ff_terseLabel_en-US" xlink:label="lab_dei_DocumentShellCompanyReport" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Shell Company Report</link:label>
    <link:label id="lab_dei_DocumentShellCompanyReport_label_en-US" xlink:label="lab_dei_DocumentShellCompanyReport" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Shell Company Report</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentShellCompanyReport" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentShellCompanyReport"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentShellCompanyReport" xlink:to="lab_dei_DocumentShellCompanyReport" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingsAdjustmentToInterestRateBasis_019b3310-03be-7000-8b83-968b42ac3e1b_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsAdjustmentToInterestRateBasis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings, adjustment to interest rate basis</link:label>
    <link:label id="lab_ifrs-full_BorrowingsAdjustmentToInterestRateBasis_label_en-US" xlink:label="lab_ifrs-full_BorrowingsAdjustmentToInterestRateBasis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings, adjustment to interest rate basis</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsAdjustmentToInterestRateBasis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsAdjustmentToInterestRateBasis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsAdjustmentToInterestRateBasis" xlink:to="lab_ifrs-full_BorrowingsAdjustmentToInterestRateBasis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NormalRetirementAge_019b3310-031f-7fda-b1e2-e9b1bfb10fa3_terseLabel_en-US" xlink:label="lab_fmx_NormalRetirementAge" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Normal retirement age</link:label>
    <link:label id="lab_fmx_NormalRetirementAge_label_en-US" xlink:label="lab_fmx_NormalRetirementAge" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Normal Retirement Age</link:label>
    <link:label id="lab_fmx_NormalRetirementAge_documentation_en-US" xlink:label="lab_fmx_NormalRetirementAge" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Normal retirement age.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NormalRetirementAge" xlink:href="fmx-20251231.xsd#fmx_NormalRetirementAge"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NormalRetirementAge" xlink:to="lab_fmx_NormalRetirementAge" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdditionsToRightofuseAssets_019b3310-03bf-7e46-8679-63300a9e1717_terseLabel_en-US" xlink:label="lab_ifrs-full_AdditionsToRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions</link:label>
    <link:label id="lab_ifrs-full_AdditionsToRightofuseAssets_label_en-US" xlink:label="lab_ifrs-full_AdditionsToRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additions to right-of-use assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdditionsToRightofuseAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionsToRightofuseAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdditionsToRightofuseAssets" xlink:to="lab_ifrs-full_AdditionsToRightofuseAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PortionOfDerivativeFinancialInstrumentMember_019b3310-019e-7720-a7fb-efcd7a829e71_terseLabel_en-US" xlink:label="lab_fmx_PortionOfDerivativeFinancialInstrumentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation of the effective portion of derivative financial instrument</link:label>
    <link:label id="lab_fmx_PortionOfDerivativeFinancialInstrumentMember_019bed9b-41b0-7f85-82e1-c5e7788df9d0_verboseLabel_en-US" xlink:label="lab_fmx_PortionOfDerivativeFinancialInstrumentMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Unrealized gain on derivative financial instruments</link:label>
    <link:label id="lab_fmx_PortionOfDerivativeFinancialInstrumentMember_label_en-US" xlink:label="lab_fmx_PortionOfDerivativeFinancialInstrumentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Portion Of Derivative Financial Instrument [Member]</link:label>
    <link:label id="lab_fmx_PortionOfDerivativeFinancialInstrumentMember_documentation_en-US" xlink:label="lab_fmx_PortionOfDerivativeFinancialInstrumentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Valuation of effective portion of derivative financial instrument.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PortionOfDerivativeFinancialInstrumentMember" xlink:href="fmx-20251231.xsd#fmx_PortionOfDerivativeFinancialInstrumentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PortionOfDerivativeFinancialInstrumentMember" xlink:to="lab_fmx_PortionOfDerivativeFinancialInstrumentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_FinanceChargesForEmployeeBenefits_019b3310-0272-7afe-b16f-c6fda06d0862_terseLabel_en-US" xlink:label="lab_fmx_FinanceChargesForEmployeeBenefits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest expense charges for employee benefits</link:label>
    <link:label id="lab_fmx_FinanceChargesForEmployeeBenefits_label_en-US" xlink:label="lab_fmx_FinanceChargesForEmployeeBenefits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finance Charges For Employee Benefits</link:label>
    <link:label id="lab_fmx_FinanceChargesForEmployeeBenefits_documentation_en-US" xlink:label="lab_fmx_FinanceChargesForEmployeeBenefits" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Finance charges for employee benefits.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_FinanceChargesForEmployeeBenefits" xlink:href="fmx-20251231.xsd#fmx_FinanceChargesForEmployeeBenefits"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_FinanceChargesForEmployeeBenefits" xlink:to="lab_fmx_FinanceChargesForEmployeeBenefits" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_019b3310-0271-7e9f-9749-8620eb34b879_negatedLabel_en-US" xlink:label="lab_ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Business acquisition</link:label>
    <link:label id="lab_ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other cash payments to acquire equity or debt instruments of other entities, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation_019b3310-03bf-7578-bbcd-9898a5c0d57e_negatedLabel_en-US" xlink:label="lab_ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Taxable (non-taxable) income</link:label>
    <link:label id="lab_ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation_label_en-US" xlink:label="lab_ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax rate effect of revenues exempt from taxation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation" xlink:to="lab_ifrs-full_TaxRateEffectOfRevenuesExemptFromTaxation" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset_019b3310-03bf-7122-b547-a3c57f6294ff_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Employer&#180;s contributions</link:label>
    <link:label id="lab_ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease (increase) in net defined benefit liability (asset) resulting from resulting from contributions to plan by employer</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PlanAssetsMember_019b3310-0272-7b52-88e4-fe5c6d584c3d_terseLabel_en-US" xlink:label="lab_ifrs-full_PlanAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Plan assets</link:label>
    <link:label id="lab_ifrs-full_PlanAssetsMember_label_en-US" xlink:label="lab_ifrs-full_PlanAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Plan assets [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PlanAssetsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PlanAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PlanAssetsMember" xlink:to="lab_ifrs-full_PlanAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentDepositsFromCustomers_019b3310-03bf-7abe-a67b-02f743248071_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentDepositsFromCustomers" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Security deposits</link:label>
    <link:label id="lab_ifrs-full_NoncurrentDepositsFromCustomers_label_en-US" xlink:label="lab_ifrs-full_NoncurrentDepositsFromCustomers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current deposits from customers</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentDepositsFromCustomers" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentDepositsFromCustomers"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentDepositsFromCustomers" xlink:to="lab_ifrs-full_NoncurrentDepositsFromCustomers" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForInterestIncome_019b3310-03bf-7c3b-8b4f-37a1f45c1b4e_negatedLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForInterestIncome" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Interest income</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForInterestIncome_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForInterestIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for interest income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForInterestIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForInterestIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForInterestIncome" xlink:to="lab_ifrs-full_AdjustmentsForInterestIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SevenPointThreeFivePercentageDebtBondsMaturingOnTwoThousandTwentyEightMember_019b3310-0320-73f0-b90f-dd96bfa75b6f_terseLabel_en-US" xlink:label="lab_fmx_SevenPointThreeFivePercentageDebtBondsMaturingOnTwoThousandTwentyEightMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">7.35% debt bonds maturying on 2028</link:label>
    <link:label id="lab_fmx_SevenPointThreeFivePercentageDebtBondsMaturingOnTwoThousandTwentyEightMember_label_en-US" xlink:label="lab_fmx_SevenPointThreeFivePercentageDebtBondsMaturingOnTwoThousandTwentyEightMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Seven Point Three Five Percentage Debt Bonds Maturing On Two Thousand Twenty Eight [Member]</link:label>
    <link:label id="lab_fmx_SevenPointThreeFivePercentageDebtBondsMaturingOnTwoThousandTwentyEightMember_documentation_en-US" xlink:label="lab_fmx_SevenPointThreeFivePercentageDebtBondsMaturingOnTwoThousandTwentyEightMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information pertaining to Seven Point Three Five Percentage Debt Bonds Maturing On Two Thousand Twenty Eight.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SevenPointThreeFivePercentageDebtBondsMaturingOnTwoThousandTwentyEightMember" xlink:href="fmx-20251231.xsd#fmx_SevenPointThreeFivePercentageDebtBondsMaturingOnTwoThousandTwentyEightMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SevenPointThreeFivePercentageDebtBondsMaturingOnTwoThousandTwentyEightMember" xlink:to="lab_fmx_SevenPointThreeFivePercentageDebtBondsMaturingOnTwoThousandTwentyEightMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LeaseLiabilities_019b3310-03bf-7b71-b0d4-0b38383e993e_totalLabel_en-US" xlink:label="lab_ifrs-full_LeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total lease liabilities</link:label>
    <link:label id="lab_ifrs-full_LeaseLiabilities_label_en-US" xlink:label="lab_ifrs-full_LeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LeaseLiabilities" xlink:to="lab_ifrs-full_LeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities_019b3310-0320-76f6-9a05-8272b9892dfa_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through other changes, liabilities arising from financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DerivativeFinancialInstrumentsClassifiedAsFinancingActivities_019b3310-0320-737f-9f61-7aef3ef8e546_negatedLabel_en-US" xlink:label="lab_fmx_DerivativeFinancialInstrumentsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Derivative financial instruments</link:label>
    <link:label id="lab_fmx_DerivativeFinancialInstrumentsClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_fmx_DerivativeFinancialInstrumentsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Financial Instruments Classified As Financing Activities</link:label>
    <link:label id="lab_fmx_DerivativeFinancialInstrumentsClassifiedAsFinancingActivities_documentation_en-US" xlink:label="lab_fmx_DerivativeFinancialInstrumentsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Derivative financial instruments classified as financing activities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DerivativeFinancialInstrumentsClassifiedAsFinancingActivities" xlink:href="fmx-20251231.xsd#fmx_DerivativeFinancialInstrumentsClassifiedAsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DerivativeFinancialInstrumentsClassifiedAsFinancingActivities" xlink:to="lab_fmx_DerivativeFinancialInstrumentsClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_GoodsOfferedForSaleMember_019b3310-0320-7e9c-95b7-89b39ad9d4d0_terseLabel_en-US" xlink:label="lab_fmx_GoodsOfferedForSaleMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goods Offered For Sale</link:label>
    <link:label id="lab_fmx_GoodsOfferedForSaleMember_label_en-US" xlink:label="lab_fmx_GoodsOfferedForSaleMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goods Offered For Sale [Member]</link:label>
    <link:label id="lab_fmx_GoodsOfferedForSaleMember_documentation_en-US" xlink:label="lab_fmx_GoodsOfferedForSaleMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information pertaining to goods offered for sale.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_GoodsOfferedForSaleMember" xlink:href="fmx-20251231.xsd#fmx_GoodsOfferedForSaleMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_GoodsOfferedForSaleMember" xlink:to="lab_fmx_GoodsOfferedForSaleMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ShareRepurchaseProgramSharesRepurchasedValue_019b3310-03be-7132-b136-622d7bfac94d_terseLabel_en-US" xlink:label="lab_fmx_ShareRepurchaseProgramSharesRepurchasedValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares repurchase</link:label>
    <link:label id="lab_fmx_ShareRepurchaseProgramSharesRepurchasedValue_019b3310-03be-747d-8cc4-eab777267938_negatedTerseLabel_en-US" xlink:label="lab_fmx_ShareRepurchaseProgramSharesRepurchasedValue" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Shares repurchased</link:label>
    <link:label id="lab_fmx_ShareRepurchaseProgramSharesRepurchasedValue_label_en-US" xlink:label="lab_fmx_ShareRepurchaseProgramSharesRepurchasedValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Repurchase Program, Shares Repurchased, Value</link:label>
    <link:label id="lab_fmx_ShareRepurchaseProgramSharesRepurchasedValue_documentation_en-US" xlink:label="lab_fmx_ShareRepurchaseProgramSharesRepurchasedValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Repurchase Program, Shares Repurchased, Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ShareRepurchaseProgramSharesRepurchasedValue" xlink:href="fmx-20251231.xsd#fmx_ShareRepurchaseProgramSharesRepurchasedValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ShareRepurchaseProgramSharesRepurchasedValue" xlink:to="lab_fmx_ShareRepurchaseProgramSharesRepurchasedValue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfDiscountRates_019b3310-019e-77cf-bb06-d434c8a33a70_terseLabel_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfDiscountRates" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discount rate used to calculate the defined benefit obligation</link:label>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfDiscountRates_label_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfDiscountRates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Actuarial assumption of discount rates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ActuarialAssumptionOfDiscountRates" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionOfDiscountRates"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionOfDiscountRates" xlink:to="lab_ifrs-full_ActuarialAssumptionOfDiscountRates" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FairValueOfInvestmentsInAssociatesWherePriceQuotationsPublished_019bd1fd-d1db-75bd-97a0-34afa84541b6_terseLabel_en-US" xlink:label="lab_ifrs-full_FairValueOfInvestmentsInAssociatesWherePriceQuotationsPublished" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value of investments in associates for which there are quoted market prices</link:label>
    <link:label id="lab_ifrs-full_FairValueOfInvestmentsInAssociatesWherePriceQuotationsPublished_label_en-US" xlink:label="lab_ifrs-full_FairValueOfInvestmentsInAssociatesWherePriceQuotationsPublished" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair value of investments in associates for which there are quoted market prices</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FairValueOfInvestmentsInAssociatesWherePriceQuotationsPublished" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FairValueOfInvestmentsInAssociatesWherePriceQuotationsPublished"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FairValueOfInvestmentsInAssociatesWherePriceQuotationsPublished" xlink:to="lab_ifrs-full_FairValueOfInvestmentsInAssociatesWherePriceQuotationsPublished" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PENUSDMember_019b3310-03bf-7896-b026-9a0b94fd5fc6_terseLabel_en-US" xlink:label="lab_fmx_PENUSDMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">PEN/USD</link:label>
    <link:label id="lab_fmx_PENUSDMember_label_en-US" xlink:label="lab_fmx_PENUSDMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">PEN/USD [Member]</link:label>
    <link:label id="lab_fmx_PENUSDMember_documentation_en-US" xlink:label="lab_fmx_PENUSDMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">PEN/USD</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PENUSDMember" xlink:href="fmx-20251231.xsd#fmx_PENUSDMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PENUSDMember" xlink:to="lab_fmx_PENUSDMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ShortTermBankLoansMember_019b3310-0320-7fdc-a639-82fb960486f1_terseLabel_en-US" xlink:label="lab_fmx_ShortTermBankLoansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bank loans</link:label>
    <link:label id="lab_fmx_ShortTermBankLoansMember_label_en-US" xlink:label="lab_fmx_ShortTermBankLoansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short Term Bank Loans [Member]</link:label>
    <link:label id="lab_fmx_ShortTermBankLoansMember_documentation_en-US" xlink:label="lab_fmx_ShortTermBankLoansMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Short Term Borrowings Bank loans</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ShortTermBankLoansMember" xlink:href="fmx-20251231.xsd#fmx_ShortTermBankLoansMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ShortTermBankLoansMember" xlink:to="lab_fmx_ShortTermBankLoansMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OutstandingBalancesForRelatedPartyTransactionsAbstract_019b3310-0320-77d1-a654-ca3e5392c39c_terseLabel_en-US" xlink:label="lab_ifrs-full_OutstandingBalancesForRelatedPartyTransactionsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Balances</link:label>
    <link:label id="lab_ifrs-full_OutstandingBalancesForRelatedPartyTransactionsAbstract_label_en-US" xlink:label="lab_ifrs-full_OutstandingBalancesForRelatedPartyTransactionsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Outstanding balances for related party transactions [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OutstandingBalancesForRelatedPartyTransactionsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OutstandingBalancesForRelatedPartyTransactionsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OutstandingBalancesForRelatedPartyTransactionsAbstract" xlink:to="lab_ifrs-full_OutstandingBalancesForRelatedPartyTransactionsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DescriptionOfAccountingPolicyForForeignCurrenciesConsolidationOfForeignSubsidiariesAndAccountingEquityAccountedInvesteesExplanatory_019b3310-0272-73e4-96e4-03c243a42208_terseLabel_en-US" xlink:label="lab_fmx_DescriptionOfAccountingPolicyForForeignCurrenciesConsolidationOfForeignSubsidiariesAndAccountingEquityAccountedInvesteesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign currencies, consolidation of foreign subsidiaries and accounting of equity method accounted investees</link:label>
    <link:label id="lab_fmx_DescriptionOfAccountingPolicyForForeignCurrenciesConsolidationOfForeignSubsidiariesAndAccountingEquityAccountedInvesteesExplanatory_label_en-US" xlink:label="lab_fmx_DescriptionOfAccountingPolicyForForeignCurrenciesConsolidationOfForeignSubsidiariesAndAccountingEquityAccountedInvesteesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description Of Accounting Policy For Foreign Currencies Consolidation Of Foreign Subsidiaries And Accounting Equity Accounted Investees [policy text block]</link:label>
    <link:label id="lab_fmx_DescriptionOfAccountingPolicyForForeignCurrenciesConsolidationOfForeignSubsidiariesAndAccountingEquityAccountedInvesteesExplanatory_documentation_en-US" xlink:label="lab_fmx_DescriptionOfAccountingPolicyForForeignCurrenciesConsolidationOfForeignSubsidiariesAndAccountingEquityAccountedInvesteesExplanatory" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Description of accounting policy for foreign currencies, consolidation of foreign subsidiaries and accounting equity accounted investees.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DescriptionOfAccountingPolicyForForeignCurrenciesConsolidationOfForeignSubsidiariesAndAccountingEquityAccountedInvesteesExplanatory" xlink:href="fmx-20251231.xsd#fmx_DescriptionOfAccountingPolicyForForeignCurrenciesConsolidationOfForeignSubsidiariesAndAccountingEquityAccountedInvesteesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DescriptionOfAccountingPolicyForForeignCurrenciesConsolidationOfForeignSubsidiariesAndAccountingEquityAccountedInvesteesExplanatory" xlink:to="lab_fmx_DescriptionOfAccountingPolicyForForeignCurrenciesConsolidationOfForeignSubsidiariesAndAccountingEquityAccountedInvesteesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BusinessCombinationsAndDisposalsAbstract_019b3310-0272-7618-81cb-25796b193b13_terseLabel_en-US" xlink:label="lab_fmx_BusinessCombinationsAndDisposalsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mergers, Acqusitions and Disposals [Abstract]</link:label>
    <link:label id="lab_fmx_BusinessCombinationsAndDisposalsAbstract_label_en-US" xlink:label="lab_fmx_BusinessCombinationsAndDisposalsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combinations and Disposals [Abstract]</link:label>
    <link:label id="lab_fmx_BusinessCombinationsAndDisposalsAbstract_documentation_en-US" xlink:label="lab_fmx_BusinessCombinationsAndDisposalsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combinations and Disposals</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BusinessCombinationsAndDisposalsAbstract" xlink:href="fmx-20251231.xsd#fmx_BusinessCombinationsAndDisposalsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BusinessCombinationsAndDisposalsAbstract" xlink:to="lab_fmx_BusinessCombinationsAndDisposalsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PostEmploymentAndOtherLongTermEmployeeBenefitsMember_019b3310-03bf-73ae-af74-1954cbef017d_terseLabel_en-US" xlink:label="lab_fmx_PostEmploymentAndOtherLongTermEmployeeBenefitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Post-employment and other long-term employee benefits</link:label>
    <link:label id="lab_fmx_PostEmploymentAndOtherLongTermEmployeeBenefitsMember_label_en-US" xlink:label="lab_fmx_PostEmploymentAndOtherLongTermEmployeeBenefitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Post-employment and other long-term employee benefits [Member]</link:label>
    <link:label id="lab_fmx_PostEmploymentAndOtherLongTermEmployeeBenefitsMember_documentation_en-US" xlink:label="lab_fmx_PostEmploymentAndOtherLongTermEmployeeBenefitsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Post employment and other long term employee benefits.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PostEmploymentAndOtherLongTermEmployeeBenefitsMember" xlink:href="fmx-20251231.xsd#fmx_PostEmploymentAndOtherLongTermEmployeeBenefitsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PostEmploymentAndOtherLongTermEmployeeBenefitsMember" xlink:to="lab_fmx_PostEmploymentAndOtherLongTermEmployeeBenefitsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossFromContinuingOperations_019b3310-031f-7fad-ac4c-af0a2dc32573_totalLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossFromContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net income from continuing operations</link:label>
    <link:label id="lab_ifrs-full_ProfitLossFromContinuingOperations_019b3310-031f-7f87-9004-cbe2abac21dd_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossFromContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidated net income</link:label>
    <link:label id="lab_ifrs-full_ProfitLossFromContinuingOperations_label_en-US" xlink:label="lab_ifrs-full_ProfitLossFromContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss) from continuing operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossFromContinuingOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossFromContinuingOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossFromContinuingOperations" xlink:to="lab_ifrs-full_ProfitLossFromContinuingOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LiabilitiesArisingFromFinancingActivitiesDomain_019b3310-03bf-7b6d-889c-00111575284e_terseLabel_en-US" xlink:label="lab_ifrs-full_LiabilitiesArisingFromFinancingActivitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities arising from financing activities [domain]</link:label>
    <link:label id="lab_ifrs-full_LiabilitiesArisingFromFinancingActivitiesDomain_label_en-US" xlink:label="lab_ifrs-full_LiabilitiesArisingFromFinancingActivitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities arising from financing activities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LiabilitiesArisingFromFinancingActivitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LiabilitiesArisingFromFinancingActivitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LiabilitiesArisingFromFinancingActivitiesDomain" xlink:to="lab_ifrs-full_LiabilitiesArisingFromFinancingActivitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BonusProgramsAbstract_label_en-US" xlink:label="lab_fmx_BonusProgramsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bonus Programs [Abstract]</link:label>
    <link:label id="lab_fmx_BonusProgramsAbstract_documentation_en-US" xlink:label="lab_fmx_BonusProgramsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bonus Programs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BonusProgramsAbstract" xlink:href="fmx-20251231.xsd#fmx_BonusProgramsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BonusProgramsAbstract" xlink:to="lab_fmx_BonusProgramsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisposalsIntangibleAssetsAndGoodwill_019b3310-03bf-7513-866d-945d76e5823a_negatedLabel_en-US" xlink:label="lab_ifrs-full_DisposalsIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Disposals</link:label>
    <link:label id="lab_ifrs-full_DisposalsIntangibleAssetsAndGoodwill_label_en-US" xlink:label="lab_ifrs-full_DisposalsIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposals, intangible assets and goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisposalsIntangibleAssetsAndGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisposalsIntangibleAssetsAndGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisposalsIntangibleAssetsAndGoodwill" xlink:to="lab_ifrs-full_DisposalsIntangibleAssetsAndGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss_019b3310-031f-7baf-a200-95e7a69f48b2_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial instruments (non-current liability)</link:label>
    <link:label id="lab_ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current financial liabilities at fair value through profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:to="lab_ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IssuedCapital_019b3310-0271-7d5e-a8ce-152b4085f584_verboseLabel_en-US" xlink:label="lab_ifrs-full_IssuedCapital" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Capital stock</link:label>
    <link:label id="lab_ifrs-full_IssuedCapital_019b3310-0271-76de-8296-7f91aeedfb23_terseLabel_en-US" xlink:label="lab_ifrs-full_IssuedCapital" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital contribution</link:label>
    <link:label id="lab_ifrs-full_IssuedCapital_label_en-US" xlink:label="lab_ifrs-full_IssuedCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Issued capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IssuedCapital" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IssuedCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IssuedCapital" xlink:to="lab_ifrs-full_IssuedCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_WeightedAverageCostOfCapitalAfterTaxPercentage_019b3310-03be-79e7-b494-b2fa028cb769_terseLabel_en-US" xlink:label="lab_fmx_WeightedAverageCostOfCapitalAfterTaxPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Post-tax&#160;WACC</link:label>
    <link:label id="lab_fmx_WeightedAverageCostOfCapitalAfterTaxPercentage_label_en-US" xlink:label="lab_fmx_WeightedAverageCostOfCapitalAfterTaxPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Cost Of Capital After Tax Percentage</link:label>
    <link:label id="lab_fmx_WeightedAverageCostOfCapitalAfterTaxPercentage_documentation_en-US" xlink:label="lab_fmx_WeightedAverageCostOfCapitalAfterTaxPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Weighted average cost of capital after tax percentage.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_WeightedAverageCostOfCapitalAfterTaxPercentage" xlink:href="fmx-20251231.xsd#fmx_WeightedAverageCostOfCapitalAfterTaxPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_WeightedAverageCostOfCapitalAfterTaxPercentage" xlink:to="lab_fmx_WeightedAverageCostOfCapitalAfterTaxPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_A3500SeniorNotesDue2050Member_019b3310-0320-77a8-bcf0-1eeb6513125b_terseLabel_en-US" xlink:label="lab_fmx_A3500SeniorNotesDue2050Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">3.500% Senior Notes due 2050</link:label>
    <link:label id="lab_fmx_A3500SeniorNotesDue2050Member_label_en-US" xlink:label="lab_fmx_A3500SeniorNotesDue2050Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">3.500% Senior Notes due 2050 [Member]</link:label>
    <link:label id="lab_fmx_A3500SeniorNotesDue2050Member_documentation_en-US" xlink:label="lab_fmx_A3500SeniorNotesDue2050Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Three point five zero zero percent senior notes due 2050 [member].</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_A3500SeniorNotesDue2050Member" xlink:href="fmx-20251231.xsd#fmx_A3500SeniorNotesDue2050Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_A3500SeniorNotesDue2050Member" xlink:to="lab_fmx_A3500SeniorNotesDue2050Member" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TaxCreditRecovery_019b3310-0271-7044-a9cc-48a782f0e99b_negatedTerseLabel_en-US" xlink:label="lab_fmx_TaxCreditRecovery" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Tax credit recovery</link:label>
    <link:label id="lab_fmx_TaxCreditRecovery_label_en-US" xlink:label="lab_fmx_TaxCreditRecovery" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax Credit Recovery</link:label>
    <link:label id="lab_fmx_TaxCreditRecovery_documentation_en-US" xlink:label="lab_fmx_TaxCreditRecovery" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tax Credit Recovery</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TaxCreditRecovery" xlink:href="fmx-20251231.xsd#fmx_TaxCreditRecovery"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TaxCreditRecovery" xlink:to="lab_fmx_TaxCreditRecovery" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems_019b3310-031f-7df9-9c05-95b980ff5bad_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of liabilities arising from financing activities [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of liabilities arising from financing activities [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised_019b3310-03bf-7a90-bdbe-e97949af10bc_terseLabel_en-US" xlink:label="lab_ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unused tax losses for which no deferred tax asset recognised</link:label>
    <link:label id="lab_ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised_019b3310-03bf-7569-8e9d-24c653d9921f_periodStartLabel_en-US" xlink:label="lab_ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Tax loss carryforwards, beginning</link:label>
    <link:label id="lab_ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised_019b3310-03bf-722e-857c-7098f310150a_periodEndLabel_en-US" xlink:label="lab_ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Tax loss carryforwards, ending</link:label>
    <link:label id="lab_ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised_label_en-US" xlink:label="lab_ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unused tax losses for which no deferred tax asset recognised</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised" xlink:to="lab_ifrs-full_UnusedTaxLossesForWhichNoDeferredTaxAssetRecognised" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherIntangibleAssetsMember_019b3310-03be-7aed-b083-0e78f1295f6b_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ifrs-full_OtherIntangibleAssetsMember_label_en-US" xlink:label="lab_ifrs-full_OtherIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other intangible assets [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherIntangibleAssetsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherIntangibleAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherIntangibleAssetsMember" xlink:to="lab_ifrs-full_OtherIntangibleAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome_019b3310-0320-70c5-8887-8070373ec0eb_terseLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange differences on translation of foreign operations</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income tax relating to exchange differences on translation of foreign operations included in other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome" xlink:to="lab_ifrs-full_IncomeTaxRelatingToExchangeDifferencesOnTranslationOfOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PercentageOfUnrecoverableTradeAccountsReceivables_019b3310-019e-7b07-bc0f-9f09d60fb025_terseLabel_en-US" xlink:label="lab_fmx_PercentageOfUnrecoverableTradeAccountsReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of unrecoverable trade accounts receivables</link:label>
    <link:label id="lab_fmx_PercentageOfUnrecoverableTradeAccountsReceivables_label_en-US" xlink:label="lab_fmx_PercentageOfUnrecoverableTradeAccountsReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Unrecoverable Trade Accounts Receivables</link:label>
    <link:label id="lab_fmx_PercentageOfUnrecoverableTradeAccountsReceivables_documentation_en-US" xlink:label="lab_fmx_PercentageOfUnrecoverableTradeAccountsReceivables" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of unrecoverable trade accounts receivables.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PercentageOfUnrecoverableTradeAccountsReceivables" xlink:href="fmx-20251231.xsd#fmx_PercentageOfUnrecoverableTradeAccountsReceivables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PercentageOfUnrecoverableTradeAccountsReceivables" xlink:to="lab_fmx_PercentageOfUnrecoverableTradeAccountsReceivables" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfEquityAccountedInvesteesTableTextBlock_019b3310-0320-7e25-bdf2-192054ed2a99_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfEquityAccountedInvesteesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Equity Accounted Investees</link:label>
    <link:label id="lab_fmx_DisclosureOfEquityAccountedInvesteesTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfEquityAccountedInvesteesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Equity Accounted Investees [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfEquityAccountedInvesteesTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfEquityAccountedInvesteesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of equity accounted investees.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfEquityAccountedInvesteesTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfEquityAccountedInvesteesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfEquityAccountedInvesteesTableTextBlock" xlink:to="lab_fmx_DisclosureOfEquityAccountedInvesteesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset_019b3310-03be-70c2-aa50-69d79e82295c_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange differences on translation of foreign operations</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through net exchange differences, deferred tax liability (asset)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SeniorNotes4.375Member_019b3310-03bf-7bfd-a4ac-5e62b016f345_terseLabel_en-US" xlink:label="lab_fmx_SeniorNotes4.375Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Notes 4.375%</link:label>
    <link:label id="lab_fmx_SeniorNotes4.375Member_label_en-US" xlink:label="lab_fmx_SeniorNotes4.375Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Notes 4.375% [Member]</link:label>
    <link:label id="lab_fmx_SeniorNotes4.375Member_documentation_en-US" xlink:label="lab_fmx_SeniorNotes4.375Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Notes 4.375%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SeniorNotes4.375Member" xlink:href="fmx-20251231.xsd#fmx_SeniorNotes4.375Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SeniorNotes4.375Member" xlink:to="lab_fmx_SeniorNotes4.375Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfSharesOutstanding_019b3310-0272-7f91-b5f9-d7348f74ece7_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total shares (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfSharesOutstanding_019b3310-0272-77d4-86b6-84ede53303eb_verboseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Shares outstanding (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfSharesOutstanding_label_en-US" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of shares outstanding</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfSharesOutstanding" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfSharesOutstanding"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfSharesOutstanding" xlink:to="lab_ifrs-full_NumberOfSharesOutstanding" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LifeAnnuitiesNetDefinedBenefitLiabilityAsset_019b3310-0272-740e-b923-43d0e6efabfa_negatedLabel_en-US" xlink:label="lab_fmx_LifeAnnuitiesNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Life annuities</link:label>
    <link:label id="lab_fmx_LifeAnnuitiesNetDefinedBenefitLiabilityAsset_label_en-US" xlink:label="lab_fmx_LifeAnnuitiesNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Life Annuities, Net Defined Benefit Liability (Asset)</link:label>
    <link:label id="lab_fmx_LifeAnnuitiesNetDefinedBenefitLiabilityAsset_documentation_en-US" xlink:label="lab_fmx_LifeAnnuitiesNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Life annuities, net defined benefit liability (asset).</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LifeAnnuitiesNetDefinedBenefitLiabilityAsset" xlink:href="fmx-20251231.xsd#fmx_LifeAnnuitiesNetDefinedBenefitLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LifeAnnuitiesNetDefinedBenefitLiabilityAsset" xlink:to="lab_fmx_LifeAnnuitiesNetDefinedBenefitLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherExpenseByFunction_019b3310-0271-70e1-847e-3ae79bef84f2_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherExpenseByFunction" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other expenses</link:label>
    <link:label id="lab_ifrs-full_OtherExpenseByFunction_label_en-US" xlink:label="lab_ifrs-full_OtherExpenseByFunction" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other expense, by function</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherExpenseByFunction" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherExpenseByFunction"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherExpenseByFunction" xlink:to="lab_ifrs-full_OtherExpenseByFunction" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DeferredTaxAssetsOperatingLossCarryForwardsForeignCurrencyTranslation_019b3310-0271-70a7-8151-de677ec700a1_terseLabel_en-US" xlink:label="lab_fmx_DeferredTaxAssetsOperatingLossCarryForwardsForeignCurrencyTranslation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Translation effect of beginning balances</link:label>
    <link:label id="lab_fmx_DeferredTaxAssetsOperatingLossCarryForwardsForeignCurrencyTranslation_label_en-US" xlink:label="lab_fmx_DeferredTaxAssetsOperatingLossCarryForwardsForeignCurrencyTranslation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets Operating Loss Carry Forwards Foreign Currency Translation</link:label>
    <link:label id="lab_fmx_DeferredTaxAssetsOperatingLossCarryForwardsForeignCurrencyTranslation_documentation_en-US" xlink:label="lab_fmx_DeferredTaxAssetsOperatingLossCarryForwardsForeignCurrencyTranslation" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred tax assets operating loss carry forwards foreign currency translation.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DeferredTaxAssetsOperatingLossCarryForwardsForeignCurrencyTranslation" xlink:href="fmx-20251231.xsd#fmx_DeferredTaxAssetsOperatingLossCarryForwardsForeignCurrencyTranslation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DeferredTaxAssetsOperatingLossCarryForwardsForeignCurrencyTranslation" xlink:to="lab_fmx_DeferredTaxAssetsOperatingLossCarryForwardsForeignCurrencyTranslation" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProductsAndServicesAxis_019b3310-03bf-74df-bd57-6bbe747aff69_terseLabel_en-US" xlink:label="lab_ifrs-full_ProductsAndServicesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Products and services [axis]</link:label>
    <link:label id="lab_ifrs-full_ProductsAndServicesAxis_label_en-US" xlink:label="lab_ifrs-full_ProductsAndServicesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Products and services [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProductsAndServicesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProductsAndServicesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProductsAndServicesAxis" xlink:to="lab_ifrs-full_ProductsAndServicesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialLiabilities_019b3310-03bf-7a5e-aacf-551861b6cf91_periodStartLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilities_019b3310-03bf-7b38-9ccb-960c0418acae_periodEndLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilities_019b3310-03bf-7c3e-9ea2-53741b7c8663_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying value</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilities_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilities" xlink:to="lab_ifrs-full_FinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TIEEPlusNinePointPineFivePercentageDebtBondsMaturingOn2029Member_019b3310-03be-7a24-a2c4-15bb4c9bb98a_terseLabel_en-US" xlink:label="lab_fmx_TIEEPlusNinePointPineFivePercentageDebtBondsMaturingOn2029Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">TIEE Plus Nine Point Pine Five Percentage Debt Bonds Maturing On 2029</link:label>
    <link:label id="lab_fmx_TIEEPlusNinePointPineFivePercentageDebtBondsMaturingOn2029Member_label_en-US" xlink:label="lab_fmx_TIEEPlusNinePointPineFivePercentageDebtBondsMaturingOn2029Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">TIEE Plus Nine Point Pine Five Percentage Debt Bonds Maturing On 2029 [Member]</link:label>
    <link:label id="lab_fmx_TIEEPlusNinePointPineFivePercentageDebtBondsMaturingOn2029Member_documentation_en-US" xlink:label="lab_fmx_TIEEPlusNinePointPineFivePercentageDebtBondsMaturingOn2029Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">TIEE Plus Nine Point Pine Five Percentage Debt Bonds Maturing On 2029</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TIEEPlusNinePointPineFivePercentageDebtBondsMaturingOn2029Member" xlink:href="fmx-20251231.xsd#fmx_TIEEPlusNinePointPineFivePercentageDebtBondsMaturingOn2029Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TIEEPlusNinePointPineFivePercentageDebtBondsMaturingOn2029Member" xlink:to="lab_fmx_TIEEPlusNinePointPineFivePercentageDebtBondsMaturingOn2029Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherPropertyPlantAndEquipmentMember_019b3310-0271-7cab-bb8f-e94a39e513b6_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ifrs-full_OtherPropertyPlantAndEquipmentMember_label_en-US" xlink:label="lab_ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other property, plant and equipment [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherPropertyPlantAndEquipmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:to="lab_ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxExpenseContinuingOperations_019b3310-0272-7de6-971e-e1b6ca10c20f_totalLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total income taxes</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxExpenseContinuingOperations_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax expense (income)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesDomain_019b3310-0272-72f8-b1b5-ad94d430eb87_terseLabel_en-US" xlink:label="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash-generating units [domain]</link:label>
    <link:label id="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesDomain_label_en-US" xlink:label="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash-generating units [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesDomain" xlink:to="lab_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_019b3310-03bf-7e4c-9e4e-bee10b43da3a_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Events</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of events after reporting period [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:to="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities_019b3310-019e-7d3b-9356-2509efbd43bb_terseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from maturities of cash investments</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from sales or maturity of financial instruments, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_ProceedsFromSalesOrMaturityOfFinancialInstrumentsClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentTransitionReport_019b3310-0320-7c1b-a49c-a13f6a1dfde8_terseLabel_en-US" xlink:label="lab_dei_DocumentTransitionReport" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Transition Report</link:label>
    <link:label id="lab_dei_DocumentTransitionReport_label_en-US" xlink:label="lab_dei_DocumentTransitionReport" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Transition Report</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentTransitionReport" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentTransitionReport"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentTransitionReport" xlink:to="lab_dei_DocumentTransitionReport" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeAndOtherReceivables_019b3310-03bf-7d19-8830-bb5678d4899e_terseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes receivable</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherReceivables_label_en-US" xlink:label="lab_ifrs-full_TradeAndOtherReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade and other receivables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeAndOtherReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherReceivables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherReceivables" xlink:to="lab_ifrs-full_TradeAndOtherReceivables" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_BRL_019bcf93-f550-7051-8486-b014e283196e_verboseLabel_en-US" xlink:label="lab_currency_BRL" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Reais</link:label>
    <link:label id="lab_currency_BRL_019b3310-0271-7d0e-99c8-203510eae0c1_terseLabel_en-US" xlink:label="lab_currency_BRL" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Brazilian reais</link:label>
    <link:label id="lab_currency_BRL_label_en-US" xlink:label="lab_currency_BRL" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brazil, Brazil Real</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_BRL" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_BRL"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_BRL" xlink:to="lab_currency_BRL" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_019b3310-0320-7b7b-a400-917de52294b1_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">OPERATING ACTIVITIES</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) operating activities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:to="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory_019b3310-031f-785a-8999-d61f4b2a725c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Liabilities, Provisions, Contingencies and Commitments</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of other provisions, contingent liabilities and contingent assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsExplanatory_019b3310-0320-7cd8-ae63-309c7be44ca1_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Income Statement of Discontinued Operations</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of analysis of single amount of discontinued operations [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems_019b3310-0272-7a5e-9aee-7a1a97e94870_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of defined benefit plans [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of defined benefit plans [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:to="lab_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentPeriodEndDate_019b3310-0272-748a-956a-651c56c57b13_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:label id="lab_dei_DocumentPeriodEndDate_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodEndDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate" xlink:to="lab_dei_DocumentPeriodEndDate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdministrativeExpense_019b3310-03bf-744d-8490-0d6d780b7d0d_terseLabel_en-US" xlink:label="lab_ifrs-full_AdministrativeExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Administrative expenses</link:label>
    <link:label id="lab_ifrs-full_AdministrativeExpense_label_en-US" xlink:label="lab_ifrs-full_AdministrativeExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Administrative expenses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdministrativeExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdministrativeExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdministrativeExpense" xlink:to="lab_ifrs-full_AdministrativeExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ExtraordinarySharesMember_019b3310-03bf-7c06-bfb5-dfaa7e5b0feb_terseLabel_en-US" xlink:label="lab_fmx_ExtraordinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Extraordinary Shares</link:label>
    <link:label id="lab_fmx_ExtraordinarySharesMember_label_en-US" xlink:label="lab_fmx_ExtraordinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Extraordinary Shares [Member]</link:label>
    <link:label id="lab_fmx_ExtraordinarySharesMember_documentation_en-US" xlink:label="lab_fmx_ExtraordinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Extraordinary Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ExtraordinarySharesMember" xlink:href="fmx-20251231.xsd#fmx_ExtraordinarySharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ExtraordinarySharesMember" xlink:to="lab_fmx_ExtraordinarySharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain_019b3310-0272-7f25-8b72-6314c3f2e8de_terseLabel_en-US" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-adjusting events after reporting period [domain]</link:label>
    <link:label id="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain_label_en-US" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-adjusting events after reporting period [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:to="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems_019b3310-031f-7206-92a5-a6187e2d1ada_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:to="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_019b3310-03bf-7b81-a4c3-ed608922e531_terseLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax effect</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income tax relating to components of other comprehensive income that will be reclassified to profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:to="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MaturityAxis_019b3310-019e-735f-b7aa-386377a2c41b_terseLabel_en-US" xlink:label="lab_ifrs-full_MaturityAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maturity [axis]</link:label>
    <link:label id="lab_ifrs-full_MaturityAxis_label_en-US" xlink:label="lab_ifrs-full_MaturityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maturity [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MaturityAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MaturityAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MaturityAxis" xlink:to="lab_ifrs-full_MaturityAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities_019b3310-0320-7d39-8449-6b21fa556063_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financing activities</link:label>
    <link:label id="lab_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other inflows (outflows) of cash, classified as financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethod_019c428d-a482-73ba-ad06-ef04cae454cd_netLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Proceeds from disposal of investment</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethod_019b3310-0271-720e-9a9e-6f14a63ccddb_terseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from disposal of investment in Heineken</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethod_019bd042-4827-75bd-a6c5-e8abca18fb83_verboseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from the sale of shares</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from sales of investments accounted for using equity method</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfIncomeTaxesLineItems_019b3310-0320-738d-abb8-0a60c8a3eb14_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfIncomeTaxesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of income taxes [Line Items]</link:label>
    <link:label id="lab_fmx_DisclosureOfIncomeTaxesLineItems_label_en-US" xlink:label="lab_fmx_DisclosureOfIncomeTaxesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Income Taxes [line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfIncomeTaxesLineItems_documentation_en-US" xlink:label="lab_fmx_DisclosureOfIncomeTaxesLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Line items represent concepts included in income taxes.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfIncomeTaxesLineItems" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfIncomeTaxesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfIncomeTaxesLineItems" xlink:to="lab_fmx_DisclosureOfIncomeTaxesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherSegmentMember_019b3310-03bf-7355-a068-116f49a7c521_terseLabel_en-US" xlink:label="lab_fmx_OtherSegmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_fmx_OtherSegmentMember_label_en-US" xlink:label="lab_fmx_OtherSegmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other segment [Member]</link:label>
    <link:label id="lab_fmx_OtherSegmentMember_documentation_en-US" xlink:label="lab_fmx_OtherSegmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other segment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherSegmentMember" xlink:href="fmx-20251231.xsd#fmx_OtherSegmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherSegmentMember" xlink:to="lab_fmx_OtherSegmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearSixToTen_019b3310-03bf-787c-be19-2980d6c1b2b5_terseLabel_en-US" xlink:label="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearSixToTen" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2031 to 2035</link:label>
    <link:label id="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearSixToTen_label_en-US" xlink:label="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearSixToTen" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Expected Future Benefit Payment Year Six To Ten</link:label>
    <link:label id="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearSixToTen_documentation_en-US" xlink:label="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearSixToTen" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Defined benefit plan expected future benefit payments year six to ten.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearSixToTen" xlink:href="fmx-20251231.xsd#fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearSixToTen"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearSixToTen" xlink:to="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearSixToTen" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NetCashInForeignCurrencyMember_019b3310-03bf-70ea-92bd-de94fe491566_terseLabel_en-US" xlink:label="lab_fmx_NetCashInForeignCurrencyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Cash In Foreign Currency</link:label>
    <link:label id="lab_fmx_NetCashInForeignCurrencyMember_label_en-US" xlink:label="lab_fmx_NetCashInForeignCurrencyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash In Foreign Currency [Member]</link:label>
    <link:label id="lab_fmx_NetCashInForeignCurrencyMember_documentation_en-US" xlink:label="lab_fmx_NetCashInForeignCurrencyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information pertaining to hedging instrument in the form of net cash in foreign currency.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NetCashInForeignCurrencyMember" xlink:href="fmx-20251231.xsd#fmx_NetCashInForeignCurrencyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NetCashInForeignCurrencyMember" xlink:to="lab_fmx_NetCashInForeignCurrencyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialInstrumentsAxis_019b3310-0272-7656-bdb6-e8aaeaaf5b04_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial instruments [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialInstrumentsAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial instruments [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialInstrumentsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:to="lab_ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost_019b3310-0320-7cb8-b9dc-16ffb7956e3f_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost_label_en-US" xlink:label="lab_ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current financial liabilities at amortised cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost" xlink:to="lab_ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Goodwill_019b3310-03bf-7559-8c26-0660ddefbd7e_terseLabel_en-US" xlink:label="lab_ifrs-full_Goodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill allocated</link:label>
    <link:label id="lab_ifrs-full_Goodwill_label_en-US" xlink:label="lab_ifrs-full_Goodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Goodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Goodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Goodwill" xlink:to="lab_ifrs-full_Goodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TaxRateEffectOfImpairmentOfGoodwill_019b3310-0272-7a15-acdd-f1039b5c3bd1_terseLabel_en-US" xlink:label="lab_ifrs-full_TaxRateEffectOfImpairmentOfGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairments</link:label>
    <link:label id="lab_ifrs-full_TaxRateEffectOfImpairmentOfGoodwill_label_en-US" xlink:label="lab_ifrs-full_TaxRateEffectOfImpairmentOfGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax rate effect of impairment of goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TaxRateEffectOfImpairmentOfGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TaxRateEffectOfImpairmentOfGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TaxRateEffectOfImpairmentOfGoodwill" xlink:to="lab_ifrs-full_TaxRateEffectOfImpairmentOfGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OptionsToPurchaseForeignCurrencyMember_019b3310-03bf-71ed-a8e7-ba37189e1c8f_terseLabel_en-US" xlink:label="lab_fmx_OptionsToPurchaseForeignCurrencyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Options To Purchase Foreign Currency</link:label>
    <link:label id="lab_fmx_OptionsToPurchaseForeignCurrencyMember_label_en-US" xlink:label="lab_fmx_OptionsToPurchaseForeignCurrencyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Options To Purchase Foreign Currency [Member]</link:label>
    <link:label id="lab_fmx_OptionsToPurchaseForeignCurrencyMember_documentation_en-US" xlink:label="lab_fmx_OptionsToPurchaseForeignCurrencyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Options To Purchase Foreign Currency</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OptionsToPurchaseForeignCurrencyMember" xlink:href="fmx-20251231.xsd#fmx_OptionsToPurchaseForeignCurrencyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OptionsToPurchaseForeignCurrencyMember" xlink:to="lab_fmx_OptionsToPurchaseForeignCurrencyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SignificantInvestmentsInAssociatesAxis_019b3310-019e-7108-9983-be974f9d8102_terseLabel_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Associates [axis]</link:label>
    <link:label id="lab_ifrs-full_SignificantInvestmentsInAssociatesAxis_label_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Associates [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SignificantInvestmentsInAssociatesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:to="lab_ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ReclassificationsFromAssetsHeldForSale_019d29a9-4283-7fb3-9431-92173c113fd7_terseLabel_en-US" xlink:label="lab_fmx_ReclassificationsFromAssetsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassifications from assets held for sale</link:label>
    <link:label id="lab_fmx_ReclassificationsFromAssetsHeldForSale_label_en-US" xlink:label="lab_fmx_ReclassificationsFromAssetsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reclassifications From Assets Held For Sale</link:label>
    <link:label id="lab_fmx_ReclassificationsFromAssetsHeldForSale_documentation_en-US" xlink:label="lab_fmx_ReclassificationsFromAssetsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reclassifications From Assets Held For Sale</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ReclassificationsFromAssetsHeldForSale" xlink:href="fmx-20251231.xsd#fmx_ReclassificationsFromAssetsHeldForSale"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ReclassificationsFromAssetsHeldForSale" xlink:to="lab_fmx_ReclassificationsFromAssetsHeldForSale" xlink:type="arc" order="1"/>
    <link:label id="lab_country_GT_019b3310-0272-7cac-a80a-3b1873d19dad_terseLabel_en-US" xlink:label="lab_country_GT" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Guatemala</link:label>
    <link:label id="lab_country_GT_label_en-US" xlink:label="lab_country_GT" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">GUATEMALA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_GT" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_GT"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_GT" xlink:to="lab_country_GT" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentType_019b3310-0271-7d68-bb27-3e2ccdd7354f_terseLabel_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:label id="lab_dei_DocumentType_label_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentType"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType" xlink:to="lab_dei_DocumentType" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees_019b3310-03bf-7381-81f0-5fa7efdaa1d9_terseLabel_en-US" xlink:label="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based payments</link:label>
    <link:label id="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees_label_en-US" xlink:label="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense from share-based payment transactions with employees</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:to="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IndustriaEnvasadoraDeQueretaroSADeCVIEQSAMember_019b3310-0320-786c-8107-baf2e0be6df0_terseLabel_en-US" xlink:label="lab_fmx_IndustriaEnvasadoraDeQueretaroSADeCVIEQSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Industria Envasadora de Quer&#233;taro, S.A. de C.V. (&#8220;IEQSA&#8221;)</link:label>
    <link:label id="lab_fmx_IndustriaEnvasadoraDeQueretaroSADeCVIEQSAMember_label_en-US" xlink:label="lab_fmx_IndustriaEnvasadoraDeQueretaroSADeCVIEQSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Industria Envasadora De Queretaro SA De CVIEQSA [Member]</link:label>
    <link:label id="lab_fmx_IndustriaEnvasadoraDeQueretaroSADeCVIEQSAMember_documentation_en-US" xlink:label="lab_fmx_IndustriaEnvasadoraDeQueretaroSADeCVIEQSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Industria Envasadora de Queretaro, S.A. de C.V. ("IEQSA").</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IndustriaEnvasadoraDeQueretaroSADeCVIEQSAMember" xlink:href="fmx-20251231.xsd#fmx_IndustriaEnvasadoraDeQueretaroSADeCVIEQSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IndustriaEnvasadoraDeQueretaroSADeCVIEQSAMember" xlink:to="lab_fmx_IndustriaEnvasadoraDeQueretaroSADeCVIEQSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AbnormallyLargeChangesInAssetPricesOrForeignExchangeRatesMember_019b3310-0320-7adf-a862-b6e854f2a695_terseLabel_en-US" xlink:label="lab_ifrs-full_AbnormallyLargeChangesInAssetPricesOrForeignExchangeRatesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Abnormally large changes in asset prices or foreign exchange rates</link:label>
    <link:label id="lab_ifrs-full_AbnormallyLargeChangesInAssetPricesOrForeignExchangeRatesMember_label_en-US" xlink:label="lab_ifrs-full_AbnormallyLargeChangesInAssetPricesOrForeignExchangeRatesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Abnormally large changes in asset prices or foreign exchange rates [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AbnormallyLargeChangesInAssetPricesOrForeignExchangeRatesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AbnormallyLargeChangesInAssetPricesOrForeignExchangeRatesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AbnormallyLargeChangesInAssetPricesOrForeignExchangeRatesMember" xlink:to="lab_ifrs-full_AbnormallyLargeChangesInAssetPricesOrForeignExchangeRatesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesTable_019b3310-03bf-728e-816e-b5c2a8eb0636_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Balances And Transactions With Related Parties And Affiliates [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesTable_label_en-US" xlink:label="lab_fmx_DisclosureOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Balances And Transactions With Related Parties And Affiliates [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesTable_documentation_en-US" xlink:label="lab_fmx_DisclosureOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hypercube of balances and transactions with related parties and affiliates.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesTable" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesTable" xlink:to="lab_fmx_DisclosureOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialAssetsAxis_019b3310-019e-79dd-9aeb-e5790e5b331d_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial assets [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialAssetsAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial assets [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialAssetsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:to="lab_ifrs-full_ClassesOfFinancialAssetsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfProvisionsAndOtherLongTermLiabilitiesTableTextBlock_019b3310-031f-790b-aaa7-2b209cef0be8_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfProvisionsAndOtherLongTermLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Provisions and Other Non-Current Liabilities</link:label>
    <link:label id="lab_fmx_DisclosureOfProvisionsAndOtherLongTermLiabilitiesTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfProvisionsAndOtherLongTermLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Provisions And Other Long Term Liabilities [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfProvisionsAndOtherLongTermLiabilitiesTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfProvisionsAndOtherLongTermLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The entire disclosure of provisions and other long term liabilities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfProvisionsAndOtherLongTermLiabilitiesTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfProvisionsAndOtherLongTermLiabilitiesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfProvisionsAndOtherLongTermLiabilitiesTableTextBlock" xlink:to="lab_fmx_DisclosureOfProvisionsAndOtherLongTermLiabilitiesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromReturnOnPlanAssetsIncludingInterestIncomeOrExpense_019b3310-0271-7d55-8f88-1f25d0b8f116_terseLabel_en-US" xlink:label="lab_fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromReturnOnPlanAssetsIncludingInterestIncomeOrExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Return on plan assets excluding amounts included in interest income</link:label>
    <link:label id="lab_fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromReturnOnPlanAssetsIncludingInterestIncomeOrExpense_label_en-US" xlink:label="lab_fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromReturnOnPlanAssetsIncludingInterestIncomeOrExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease (increase) in net defined benefit liability (asset) resulting from return on plan assets including interest income or expense</link:label>
    <link:label id="lab_fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromReturnOnPlanAssetsIncludingInterestIncomeOrExpense_documentation_en-US" xlink:label="lab_fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromReturnOnPlanAssetsIncludingInterestIncomeOrExpense" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Decrease (increase) in net defined benefit liability (asset) resulting from return on plan assets including interest income or expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromReturnOnPlanAssetsIncludingInterestIncomeOrExpense" xlink:href="fmx-20251231.xsd#fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromReturnOnPlanAssetsIncludingInterestIncomeOrExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromReturnOnPlanAssetsIncludingInterestIncomeOrExpense" xlink:to="lab_fmx_DecreaseIncreaseInNetDefinedBenefitLiabilityAssetResultingFromReturnOnPlanAssetsIncludingInterestIncomeOrExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GrossLeaseLiabilities_019b3310-0272-792c-9ddf-a6118a8a08d3_verboseLabel_en-US" xlink:label="lab_ifrs-full_GrossLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total undiscounted lease liabilities</link:label>
    <link:label id="lab_ifrs-full_GrossLeaseLiabilities_label_en-US" xlink:label="lab_ifrs-full_GrossLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gross lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GrossLeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GrossLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GrossLeaseLiabilities" xlink:to="lab_ifrs-full_GrossLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BrandNamesMember_019bd017-f4aa-7211-b54f-5a2ef431c190_verboseLabel_en-US" xlink:label="lab_ifrs-full_BrandNamesMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Trademark rights</link:label>
    <link:label id="lab_ifrs-full_BrandNamesMember_019b3310-0271-7b3e-94ee-7ad9098bbd6c_terseLabel_en-US" xlink:label="lab_ifrs-full_BrandNamesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trademark&#160;Rights</link:label>
    <link:label id="lab_ifrs-full_BrandNamesMember_label_en-US" xlink:label="lab_ifrs-full_BrandNamesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Brand names [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BrandNamesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BrandNamesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BrandNamesMember" xlink:to="lab_ifrs-full_BrandNamesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BiometricAbstract_019b3310-0320-7eb1-99c0-661241fb59c3_terseLabel_en-US" xlink:label="lab_fmx_BiometricAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Biometric:</link:label>
    <link:label id="lab_fmx_BiometricAbstract_label_en-US" xlink:label="lab_fmx_BiometricAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Biometric [abstract]</link:label>
    <link:label id="lab_fmx_BiometricAbstract_documentation_en-US" xlink:label="lab_fmx_BiometricAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Biometric.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BiometricAbstract" xlink:href="fmx-20251231.xsd#fmx_BiometricAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BiometricAbstract" xlink:to="lab_fmx_BiometricAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AdjustmentInDeferredIncomeTaxAssets_019b3310-031f-7487-8c5c-26ccfb8164e8_terseLabel_en-US" xlink:label="lab_fmx_AdjustmentInDeferredIncomeTaxAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustments in deferred income tax assets</link:label>
    <link:label id="lab_fmx_AdjustmentInDeferredIncomeTaxAssets_label_en-US" xlink:label="lab_fmx_AdjustmentInDeferredIncomeTaxAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustment In Deferred Income Tax Assets</link:label>
    <link:label id="lab_fmx_AdjustmentInDeferredIncomeTaxAssets_documentation_en-US" xlink:label="lab_fmx_AdjustmentInDeferredIncomeTaxAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of adjustments in deferred income tax assets during the period.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AdjustmentInDeferredIncomeTaxAssets" xlink:href="fmx-20251231.xsd#fmx_AdjustmentInDeferredIncomeTaxAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AdjustmentInDeferredIncomeTaxAssets" xlink:to="lab_fmx_AdjustmentInDeferredIncomeTaxAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeStatementAbstract_label_en-US" xlink:label="lab_ifrs-full_IncomeStatementAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit or loss [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeStatementAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeStatementAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeStatementAbstract" xlink:to="lab_ifrs-full_IncomeStatementAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax_019b3310-03bf-78ad-aa6e-d287ae1f51c9_terseLabel_en-US" xlink:label="lab_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amounts reclassified to profit an loss</link:label>
    <link:label id="lab_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax_label_en-US" xlink:label="lab_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reclassification adjustments on cash flow hedges, net of tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:to="lab_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReserveOfCashFlowHedges_019b3310-031f-70fa-8a04-47bcad1135aa_periodStartLabel_en-US" xlink:label="lab_ifrs-full_ReserveOfCashFlowHedges" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balances at beginning of the period</link:label>
    <link:label id="lab_ifrs-full_ReserveOfCashFlowHedges_019b3310-031f-7d13-94f7-a414129c9486_periodEndLabel_en-US" xlink:label="lab_ifrs-full_ReserveOfCashFlowHedges" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balances at the end of the period</link:label>
    <link:label id="lab_ifrs-full_ReserveOfCashFlowHedges_019b3310-031f-7ebb-a3b7-c4cc8dd90ed0_terseLabel_en-US" xlink:label="lab_ifrs-full_ReserveOfCashFlowHedges" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation of the effective portion of derivative financial instruments</link:label>
    <link:label id="lab_ifrs-full_ReserveOfCashFlowHedges_label_en-US" xlink:label="lab_ifrs-full_ReserveOfCashFlowHedges" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserve of cash flow hedges</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReserveOfCashFlowHedges" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReserveOfCashFlowHedges"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReserveOfCashFlowHedges" xlink:to="lab_ifrs-full_ReserveOfCashFlowHedges" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TrustAssetsVariableReturnPercentage_019b3310-0271-790e-992f-2486a452d6b3_terseLabel_en-US" xlink:label="lab_fmx_TrustAssetsVariableReturnPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trust assets variable return percentage</link:label>
    <link:label id="lab_fmx_TrustAssetsVariableReturnPercentage_label_en-US" xlink:label="lab_fmx_TrustAssetsVariableReturnPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trust Assets Variable Return Percentage</link:label>
    <link:label id="lab_fmx_TrustAssetsVariableReturnPercentage_documentation_en-US" xlink:label="lab_fmx_TrustAssetsVariableReturnPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Trust assets variable return percentage.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TrustAssetsVariableReturnPercentage" xlink:href="fmx-20251231.xsd#fmx_TrustAssetsVariableReturnPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TrustAssetsVariableReturnPercentage" xlink:to="lab_fmx_TrustAssetsVariableReturnPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentContractLiabilities_019b3310-0272-7c79-b7b2-cf29ba886d77_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentContractLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current contract liabilities</link:label>
    <link:label id="lab_ifrs-full_CurrentContractLiabilities_label_en-US" xlink:label="lab_ifrs-full_CurrentContractLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current contract liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentContractLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentContractLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentContractLiabilities" xlink:to="lab_ifrs-full_CurrentContractLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests_019b3310-031f-7cde-8da4-66b9816069b6_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-controlling interest</link:label>
    <link:label id="lab_ifrs-full_ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests_label_en-US" xlink:label="lab_ifrs-full_ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss) from continuing operations attributable to non-controlling interests</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests" xlink:to="lab_ifrs-full_ProfitLossFromContinuingOperationsAttributableToNoncontrollingInterests" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EarningsPerShareTable_019b3310-031f-7c73-b777-9237b9976929_terseLabel_en-US" xlink:label="lab_ifrs-full_EarningsPerShareTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings per share [table]</link:label>
    <link:label id="lab_ifrs-full_EarningsPerShareTable_label_en-US" xlink:label="lab_ifrs-full_EarningsPerShareTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings per share [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EarningsPerShareTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EarningsPerShareTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EarningsPerShareTable" xlink:to="lab_ifrs-full_EarningsPerShareTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LandMember_019b3310-0320-7a6e-b747-e06c8c306ad0_terseLabel_en-US" xlink:label="lab_ifrs-full_LandMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Land</link:label>
    <link:label id="lab_ifrs-full_LandMember_label_en-US" xlink:label="lab_ifrs-full_LandMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Land [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LandMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LandMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LandMember" xlink:to="lab_ifrs-full_LandMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsTable_019b3310-019e-76f8-9143-f62751cf3f50_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of analysis of single amount of discontinued operations [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of analysis of single amount of discontinued operations [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsTable" xlink:to="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfOtherOperatingIncomeExpenseTable_019b3310-03bf-720c-aa54-438d68af1a50_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfOtherOperatingIncomeExpenseTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Other Operating Income Expense [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfOtherOperatingIncomeExpenseTable_label_en-US" xlink:label="lab_fmx_DisclosureOfOtherOperatingIncomeExpenseTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Other Operating Income Expense [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfOtherOperatingIncomeExpenseTable_documentation_en-US" xlink:label="lab_fmx_DisclosureOfOtherOperatingIncomeExpenseTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of other operating income expense table.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfOtherOperatingIncomeExpenseTable" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfOtherOperatingIncomeExpenseTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfOtherOperatingIncomeExpenseTable" xlink:to="lab_fmx_DisclosureOfOtherOperatingIncomeExpenseTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevenueOfCombinedEntity_019b3310-0271-764f-b0cb-54c94a5988a4_terseLabel_en-US" xlink:label="lab_ifrs-full_RevenueOfCombinedEntity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total revenues</link:label>
    <link:label id="lab_ifrs-full_RevenueOfCombinedEntity_label_en-US" xlink:label="lab_ifrs-full_RevenueOfCombinedEntity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue of combined entity as if combination occurred at beginning of period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueOfCombinedEntity" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueOfCombinedEntity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueOfCombinedEntity" xlink:to="lab_ifrs-full_RevenueOfCombinedEntity" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_UYU_019b3310-0271-7845-8b69-25fa2d0d69cb_terseLabel_en-US" xlink:label="lab_currency_UYU" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Uruguayan pesos</link:label>
    <link:label id="lab_currency_UYU_label_en-US" xlink:label="lab_currency_UYU" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Uruguay, Pesos</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_UYU" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_UYU"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_UYU" xlink:to="lab_currency_UYU" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_StockRepurchaseProgramAuthorizedAmount1_019d9111-9dc0-73a9-b087-bd5bc510d88e_terseLabel_en-US" xlink:label="lab_srt_StockRepurchaseProgramAuthorizedAmount1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Repurchase of financial institution an aggregate amount</link:label>
    <link:label id="lab_srt_StockRepurchaseProgramAuthorizedAmount1_label_en-US" xlink:label="lab_srt_StockRepurchaseProgramAuthorizedAmount1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Repurchase Program, Authorized, Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_StockRepurchaseProgramAuthorizedAmount1" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_StockRepurchaseProgramAuthorizedAmount1"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_StockRepurchaseProgramAuthorizedAmount1" xlink:to="lab_srt_StockRepurchaseProgramAuthorizedAmount1" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfAssetsAxis_019b3310-03bf-779e-a1fb-68002077207e_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of assets [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfAssetsAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of assets [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfAssetsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfAssetsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfAssetsAxis" xlink:to="lab_ifrs-full_ClassesOfAssetsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfChangesInNonControllingInterestTableTextBlock_019b3310-03bf-76a2-805e-c76a53e708e8_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfChangesInNonControllingInterestTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Changes in Non-Controlling Interest</link:label>
    <link:label id="lab_fmx_DisclosureOfChangesInNonControllingInterestTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfChangesInNonControllingInterestTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Changes In Non Controlling Interest [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfChangesInNonControllingInterestTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfChangesInNonControllingInterestTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of changes in non controlling interest.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfChangesInNonControllingInterestTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfChangesInNonControllingInterestTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfChangesInNonControllingInterestTableTextBlock" xlink:to="lab_fmx_DisclosureOfChangesInNonControllingInterestTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ProximityAmericasMember_019b3310-03bf-704c-bdaa-5794b19ac207_terseLabel_en-US" xlink:label="lab_fmx_ProximityAmericasMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proximity Americas Division</link:label>
    <link:label id="lab_fmx_ProximityAmericasMember_label_en-US" xlink:label="lab_fmx_ProximityAmericasMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proximity - Americas [Member]</link:label>
    <link:label id="lab_fmx_ProximityAmericasMember_documentation_en-US" xlink:label="lab_fmx_ProximityAmericasMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proximity - Americas</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ProximityAmericasMember" xlink:href="fmx-20251231.xsd#fmx_ProximityAmericasMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ProximityAmericasMember" xlink:to="lab_fmx_ProximityAmericasMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OperatingSegmentsMember_019b3310-03be-775e-951d-c4dde465daea_terseLabel_en-US" xlink:label="lab_ifrs-full_OperatingSegmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating segments</link:label>
    <link:label id="lab_ifrs-full_OperatingSegmentsMember_label_en-US" xlink:label="lab_ifrs-full_OperatingSegmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating segments [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OperatingSegmentsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OperatingSegmentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OperatingSegmentsMember" xlink:to="lab_ifrs-full_OperatingSegmentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_019b3310-03bf-72de-94cd-a29b66c86981_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2030</link:label>
    <link:label id="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than four years and not later than five years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:to="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevenueOfAcquiree_019b3310-0272-7124-a077-972f309eeee4_terseLabel_en-US" xlink:label="lab_ifrs-full_RevenueOfAcquiree" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total revenues</link:label>
    <link:label id="lab_ifrs-full_RevenueOfAcquiree_label_en-US" xlink:label="lab_ifrs-full_RevenueOfAcquiree" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue of acquiree since acquisition date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueOfAcquiree" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueOfAcquiree"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueOfAcquiree" xlink:to="lab_ifrs-full_RevenueOfAcquiree" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TIEE28PlusZeroPointOneZeroPercentageDebtBondsMaturingOn2027Member_019b3310-0272-7ee3-9d84-d57c76752e32_terseLabel_en-US" xlink:label="lab_fmx_TIEE28PlusZeroPointOneZeroPercentageDebtBondsMaturingOn2027Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">TIEE28 Plus Zero Point One Zero Percentage Debt Bonds Maturing on 2027</link:label>
    <link:label id="lab_fmx_TIEE28PlusZeroPointOneZeroPercentageDebtBondsMaturingOn2027Member_label_en-US" xlink:label="lab_fmx_TIEE28PlusZeroPointOneZeroPercentageDebtBondsMaturingOn2027Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">TIEE28 Plus Zero Point One Zero Percentage Debt Bonds Maturing on 2027 [Member]</link:label>
    <link:label id="lab_fmx_TIEE28PlusZeroPointOneZeroPercentageDebtBondsMaturingOn2027Member_documentation_en-US" xlink:label="lab_fmx_TIEE28PlusZeroPointOneZeroPercentageDebtBondsMaturingOn2027Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">TIEE28 Plus Zero Point One Zero Percentage Debt Bonds Maturing on 2027</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TIEE28PlusZeroPointOneZeroPercentageDebtBondsMaturingOn2027Member" xlink:href="fmx-20251231.xsd#fmx_TIEE28PlusZeroPointOneZeroPercentageDebtBondsMaturingOn2027Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TIEE28PlusZeroPointOneZeroPercentageDebtBondsMaturingOn2027Member" xlink:to="lab_fmx_TIEE28PlusZeroPointOneZeroPercentageDebtBondsMaturingOn2027Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ItemsOfContingentLiabilitiesAxis_019b3310-019e-7862-b390-d97971ff606e_terseLabel_en-US" xlink:label="lab_ifrs-full_ItemsOfContingentLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Items of contingent liabilities [axis]</link:label>
    <link:label id="lab_ifrs-full_ItemsOfContingentLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_ItemsOfContingentLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Items of contingent liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ItemsOfContingentLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ItemsOfContingentLiabilitiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ItemsOfContingentLiabilitiesAxis" xlink:to="lab_ifrs-full_ItemsOfContingentLiabilitiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityAttributableToOwnersOfParent_019b3310-0320-71ca-a1a1-8a29f92edc8b_totalLabel_en-US" xlink:label="lab_ifrs-full_EquityAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Equity attributable to equity holders of the parent</link:label>
    <link:label id="lab_ifrs-full_EquityAttributableToOwnersOfParent_019bd1f8-3ef9-7df9-90b9-4941b68eddf7_verboseLabel_en-US" xlink:label="lab_ifrs-full_EquityAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Equity attributable to the equity interest in IFS TopCo</link:label>
    <link:label id="lab_ifrs-full_EquityAttributableToOwnersOfParent_label_en-US" xlink:label="lab_ifrs-full_EquityAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity attributable to owners of parent</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAttributableToOwnersOfParent" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAttributableToOwnersOfParent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAttributableToOwnersOfParent" xlink:to="lab_ifrs-full_EquityAttributableToOwnersOfParent" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EarningsPerShareAbstract_label_en-US" xlink:label="lab_ifrs-full_EarningsPerShareAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings per share [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EarningsPerShareAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EarningsPerShareAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EarningsPerShareAbstract" xlink:to="lab_ifrs-full_EarningsPerShareAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RangeAxis_019b3310-0271-749d-95da-58813397b65a_terseLabel_en-US" xlink:label="lab_ifrs-full_RangeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [axis]</link:label>
    <link:label id="lab_ifrs-full_RangeAxis_label_en-US" xlink:label="lab_ifrs-full_RangeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RangeAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RangeAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RangeAxis" xlink:to="lab_ifrs-full_RangeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComponentsOfEquityAxis_019b3310-03bf-7a50-821f-c23ecf54c6c9_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Components of equity [axis]</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfEquityAxis_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of equity [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfEquityAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComponentsOfEquityAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfEquityAxis" xlink:to="lab_ifrs-full_ComponentsOfEquityAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FixedInterestRateMember_019b3310-03be-7f70-a02a-b04ac25927e3_terseLabel_en-US" xlink:label="lab_ifrs-full_FixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fixed interest rate</link:label>
    <link:label id="lab_ifrs-full_FixedInterestRateMember_label_en-US" xlink:label="lab_ifrs-full_FixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fixed interest rate [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FixedInterestRateMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FixedInterestRateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FixedInterestRateMember" xlink:to="lab_ifrs-full_FixedInterestRateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfTaxLossCarryForwardsTableTextBlock_019b3310-03bf-7d8b-94f2-09d5b159b8f4_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfTaxLossCarryForwardsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Tax Loss Carryforwards</link:label>
    <link:label id="lab_fmx_DisclosureOfTaxLossCarryForwardsTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfTaxLossCarryForwardsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of tax loss carry-forwards [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfTaxLossCarryForwardsTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfTaxLossCarryForwardsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of tax loss carry-forwards.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfTaxLossCarryForwardsTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfTaxLossCarryForwardsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfTaxLossCarryForwardsTableTextBlock" xlink:to="lab_fmx_DisclosureOfTaxLossCarryForwardsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IndividuallyImmaterialInvestmentsMember_019b3310-0272-7b28-a691-0e8200e8a8ba_terseLabel_en-US" xlink:label="lab_fmx_IndividuallyImmaterialInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Individually immaterial investments</link:label>
    <link:label id="lab_fmx_IndividuallyImmaterialInvestmentsMember_label_en-US" xlink:label="lab_fmx_IndividuallyImmaterialInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Individually Immaterial Investments [Member]</link:label>
    <link:label id="lab_fmx_IndividuallyImmaterialInvestmentsMember_documentation_en-US" xlink:label="lab_fmx_IndividuallyImmaterialInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Individually Immaterial Investments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IndividuallyImmaterialInvestmentsMember" xlink:href="fmx-20251231.xsd#fmx_IndividuallyImmaterialInvestmentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IndividuallyImmaterialInvestmentsMember" xlink:to="lab_fmx_IndividuallyImmaterialInvestmentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations_019b3310-031f-7b13-8e89-aeeec7cb98db_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net cash used in financing activities from discontinuing operations</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) financing activities, discontinued operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" xlink:to="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesDiscontinuedOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems_019b3310-0320-7912-8559-8211ff1c42e7_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of financial liabilities [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial liabilities [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialLiabilitiesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" xlink:to="lab_ifrs-full_DisclosureOfFinancialLiabilitiesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_UYI_019b3310-03bf-7f04-81bf-b1248419ccbb_terseLabel_en-US" xlink:label="lab_currency_UYI" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Uruguayan peso</link:label>
    <link:label id="lab_currency_UYI_label_en-US" xlink:label="lab_currency_UYI" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Uruguay Peso en Unidades Indexadas (UPUI)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_UYI" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_UYI"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_UYI" xlink:to="lab_currency_UYI" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_FEMSAUBDMember_019b3310-0271-78ee-981a-599f38a16aa4_terseLabel_en-US" xlink:label="lab_fmx_FEMSAUBDMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">FEMSA&#160;UBD</link:label>
    <link:label id="lab_fmx_FEMSAUBDMember_label_en-US" xlink:label="lab_fmx_FEMSAUBDMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">FEMSA UBD [Member]</link:label>
    <link:label id="lab_fmx_FEMSAUBDMember_documentation_en-US" xlink:label="lab_fmx_FEMSAUBDMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">FEMSA.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_FEMSAUBDMember" xlink:href="fmx-20251231.xsd#fmx_FEMSAUBDMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_FEMSAUBDMember" xlink:to="lab_fmx_FEMSAUBDMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_RetirementBenefitsNumberOfYearsOfService_019b3310-0320-7c26-86c1-16275a2b86c9_terseLabel_en-US" xlink:label="lab_fmx_RetirementBenefitsNumberOfYearsOfService" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of years of service for retirement benefits</link:label>
    <link:label id="lab_fmx_RetirementBenefitsNumberOfYearsOfService_label_en-US" xlink:label="lab_fmx_RetirementBenefitsNumberOfYearsOfService" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retirement Benefits, Number of Years of Service</link:label>
    <link:label id="lab_fmx_RetirementBenefitsNumberOfYearsOfService_documentation_en-US" xlink:label="lab_fmx_RetirementBenefitsNumberOfYearsOfService" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of years of service for retirement benefits.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_RetirementBenefitsNumberOfYearsOfService" xlink:href="fmx-20251231.xsd#fmx_RetirementBenefitsNumberOfYearsOfService"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_RetirementBenefitsNumberOfYearsOfService" xlink:to="lab_fmx_RetirementBenefitsNumberOfYearsOfService" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossBeforeTax_019b3310-0272-7058-8717-cf0951f395e5_totalLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossBeforeTax" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Profit (loss) before tax</link:label>
    <link:label id="lab_ifrs-full_ProfitLossBeforeTax_019b3310-0272-7bb5-a143-008f0450fe18_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossBeforeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">(Loss) income before income taxes</link:label>
    <link:label id="lab_ifrs-full_ProfitLossBeforeTax_label_en-US" xlink:label="lab_ifrs-full_ProfitLossBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss) before tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossBeforeTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossBeforeTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossBeforeTax" xlink:to="lab_ifrs-full_ProfitLossBeforeTax" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OfficeSpaceMember_019b3310-0271-7bd3-b2a7-621f3f836993_terseLabel_en-US" xlink:label="lab_fmx_OfficeSpaceMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Office Space</link:label>
    <link:label id="lab_fmx_OfficeSpaceMember_label_en-US" xlink:label="lab_fmx_OfficeSpaceMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Office Space [Member]</link:label>
    <link:label id="lab_fmx_OfficeSpaceMember_documentation_en-US" xlink:label="lab_fmx_OfficeSpaceMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Office Space</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OfficeSpaceMember" xlink:href="fmx-20251231.xsd#fmx_OfficeSpaceMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OfficeSpaceMember" xlink:to="lab_fmx_OfficeSpaceMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherLiabilitiesProvisionsContingenciesAndCommitmentsAbstract_019b3310-0271-7730-8658-e7615713d048_terseLabel_en-US" xlink:label="lab_fmx_OtherLiabilitiesProvisionsContingenciesAndCommitmentsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Liabilities, Provisions, Contingencies and Commitments [Abstract]</link:label>
    <link:label id="lab_fmx_OtherLiabilitiesProvisionsContingenciesAndCommitmentsAbstract_label_en-US" xlink:label="lab_fmx_OtherLiabilitiesProvisionsContingenciesAndCommitmentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Liabilities, Provisions, Contingencies and Commitments [Abstract]</link:label>
    <link:label id="lab_fmx_OtherLiabilitiesProvisionsContingenciesAndCommitmentsAbstract_documentation_en-US" xlink:label="lab_fmx_OtherLiabilitiesProvisionsContingenciesAndCommitmentsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Liabilities, Provisions, Contingencies and Commitments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherLiabilitiesProvisionsContingenciesAndCommitmentsAbstract" xlink:href="fmx-20251231.xsd#fmx_OtherLiabilitiesProvisionsContingenciesAndCommitmentsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherLiabilitiesProvisionsContingenciesAndCommitmentsAbstract" xlink:to="lab_fmx_OtherLiabilitiesProvisionsContingenciesAndCommitmentsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReclassifiedItemsDomain_019b3310-03be-7ae5-ba51-b5455a5108f5_terseLabel_en-US" xlink:label="lab_ifrs-full_ReclassifiedItemsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassified items [domain]</link:label>
    <link:label id="lab_ifrs-full_ReclassifiedItemsDomain_label_en-US" xlink:label="lab_ifrs-full_ReclassifiedItemsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reclassified items [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReclassifiedItemsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReclassifiedItemsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReclassifiedItemsDomain" xlink:to="lab_ifrs-full_ReclassifiedItemsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DecreaseInForeignCurrencyRateEffectOnEquity_019b3310-03bf-76f9-8d84-8adc2ed031cf_terseLabel_en-US" xlink:label="lab_fmx_DecreaseInForeignCurrencyRateEffectOnEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect on equity from decrease in exchange rate</link:label>
    <link:label id="lab_fmx_DecreaseInForeignCurrencyRateEffectOnEquity_label_en-US" xlink:label="lab_fmx_DecreaseInForeignCurrencyRateEffectOnEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease In Foreign Currency Rate Effect On Equity</link:label>
    <link:label id="lab_fmx_DecreaseInForeignCurrencyRateEffectOnEquity_documentation_en-US" xlink:label="lab_fmx_DecreaseInForeignCurrencyRateEffectOnEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effect on equity from decrease in foreign currency exchange rate.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DecreaseInForeignCurrencyRateEffectOnEquity" xlink:href="fmx-20251231.xsd#fmx_DecreaseInForeignCurrencyRateEffectOnEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DecreaseInForeignCurrencyRateEffectOnEquity" xlink:to="lab_fmx_DecreaseInForeignCurrencyRateEffectOnEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_country_EC_019b3310-031f-7b0a-812b-613d85f4ad2b_terseLabel_en-US" xlink:label="lab_country_EC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ecuador</link:label>
    <link:label id="lab_country_EC_label_en-US" xlink:label="lab_country_EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">ECUADOR</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_EC" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_EC"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_EC" xlink:to="lab_country_EC" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DeferredTaxExpenseIncomeNetRecordedInShareOfProfitOfEquityAccountedInvestees_019b3310-0320-713e-b00f-627842860ea0_terseLabel_en-US" xlink:label="lab_fmx_DeferredTaxExpenseIncomeNetRecordedInShareOfProfitOfEquityAccountedInvestees" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax income net recorded in share of the profit of equity method accounted investees</link:label>
    <link:label id="lab_fmx_DeferredTaxExpenseIncomeNetRecordedInShareOfProfitOfEquityAccountedInvestees_label_en-US" xlink:label="lab_fmx_DeferredTaxExpenseIncomeNetRecordedInShareOfProfitOfEquityAccountedInvestees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Expense Income Net Recorded In Share Of Profit Of Equity Accounted Investees</link:label>
    <link:label id="lab_fmx_DeferredTaxExpenseIncomeNetRecordedInShareOfProfitOfEquityAccountedInvestees_documentation_en-US" xlink:label="lab_fmx_DeferredTaxExpenseIncomeNetRecordedInShareOfProfitOfEquityAccountedInvestees" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred tax income net recorded in share of the profit of equity accounted investees.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DeferredTaxExpenseIncomeNetRecordedInShareOfProfitOfEquityAccountedInvestees" xlink:href="fmx-20251231.xsd#fmx_DeferredTaxExpenseIncomeNetRecordedInShareOfProfitOfEquityAccountedInvestees"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DeferredTaxExpenseIncomeNetRecordedInShareOfProfitOfEquityAccountedInvestees" xlink:to="lab_fmx_DeferredTaxExpenseIncomeNetRecordedInShareOfProfitOfEquityAccountedInvestees" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory_019b3310-019e-7d24-8da2-d02501b8502e_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Financial Instruments by Type of Interest Rate</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial instruments by type of interest rate [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_019b3310-03bf-7cba-9130-92056e917efe_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of share capital, reserves and other equity interest [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:to="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherBusinessMember_019b3310-03bf-71ee-b48d-5e88fc7d64e2_terseLabel_en-US" xlink:label="lab_fmx_OtherBusinessMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other businesses</link:label>
    <link:label id="lab_fmx_OtherBusinessMember_label_en-US" xlink:label="lab_fmx_OtherBusinessMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Business [Member]</link:label>
    <link:label id="lab_fmx_OtherBusinessMember_documentation_en-US" xlink:label="lab_fmx_OtherBusinessMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other businesses.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherBusinessMember" xlink:href="fmx-20251231.xsd#fmx_OtherBusinessMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherBusinessMember" xlink:to="lab_fmx_OtherBusinessMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DeferredTaxIncomeNetRecordedInShareOfTheProfitOfEquityAccountedInvestees_019b3310-0320-798c-8f62-6ac91936d8ab_verboseLabel_en-US" xlink:label="lab_fmx_DeferredTaxIncomeNetRecordedInShareOfTheProfitOfEquityAccountedInvestees" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax income net recorded in share of the profit of equity method accounted investees</link:label>
    <link:label id="lab_fmx_DeferredTaxIncomeNetRecordedInShareOfTheProfitOfEquityAccountedInvestees_label_en-US" xlink:label="lab_fmx_DeferredTaxIncomeNetRecordedInShareOfTheProfitOfEquityAccountedInvestees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred tax income net recorded in share of the profit of equity accounted investees</link:label>
    <link:label id="lab_fmx_DeferredTaxIncomeNetRecordedInShareOfTheProfitOfEquityAccountedInvestees_documentation_en-US" xlink:label="lab_fmx_DeferredTaxIncomeNetRecordedInShareOfTheProfitOfEquityAccountedInvestees" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred tax income net recorded in share of the profits of equity accounted investees.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DeferredTaxIncomeNetRecordedInShareOfTheProfitOfEquityAccountedInvestees" xlink:href="fmx-20251231.xsd#fmx_DeferredTaxIncomeNetRecordedInShareOfTheProfitOfEquityAccountedInvestees"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DeferredTaxIncomeNetRecordedInShareOfTheProfitOfEquityAccountedInvestees" xlink:to="lab_fmx_DeferredTaxIncomeNetRecordedInShareOfTheProfitOfEquityAccountedInvestees" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ExtraordinaryDividendPayable_019b3310-0320-72b9-aade-dd1f8e55e830_terseLabel_en-US" xlink:label="lab_fmx_ExtraordinaryDividendPayable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Extraordinary dividend payable</link:label>
    <link:label id="lab_fmx_ExtraordinaryDividendPayable_label_en-US" xlink:label="lab_fmx_ExtraordinaryDividendPayable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Extraordinary Dividend Payable</link:label>
    <link:label id="lab_fmx_ExtraordinaryDividendPayable_documentation_en-US" xlink:label="lab_fmx_ExtraordinaryDividendPayable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Extraordinary Dividend Payable</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ExtraordinaryDividendPayable" xlink:href="fmx-20251231.xsd#fmx_ExtraordinaryDividendPayable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ExtraordinaryDividendPayable" xlink:to="lab_fmx_ExtraordinaryDividendPayable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherCurrentAssets_019b3310-03be-73de-9ed3-630051055816_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherCurrentAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Other current assets</link:label>
    <link:label id="lab_ifrs-full_OtherCurrentAssets_label_en-US" xlink:label="lab_ifrs-full_OtherCurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other current assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherCurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherCurrentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherCurrentAssets" xlink:to="lab_ifrs-full_OtherCurrentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CategoriesOfRelatedPartiesDomain_019b3310-03be-7ca6-b2b4-d1d9e0882392_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfRelatedPartiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of related parties [domain]</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfRelatedPartiesDomain_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfRelatedPartiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of related parties [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfRelatedPartiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfRelatedPartiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfRelatedPartiesDomain" xlink:to="lab_ifrs-full_CategoriesOfRelatedPartiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DescriptionOfAccountingPolicyForOtherCurrentAndNonCurrentAssetsPolicyTextBlock_019b3310-03bf-7f94-8319-da215d3496f7_terseLabel_en-US" xlink:label="lab_fmx_DescriptionOfAccountingPolicyForOtherCurrentAndNonCurrentAssetsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other current and non-current assets</link:label>
    <link:label id="lab_fmx_DescriptionOfAccountingPolicyForOtherCurrentAndNonCurrentAssetsPolicyTextBlock_label_en-US" xlink:label="lab_fmx_DescriptionOfAccountingPolicyForOtherCurrentAndNonCurrentAssetsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description Of Accounting Policy For Other Current And Non Current Assets [Policy Text Block]</link:label>
    <link:label id="lab_fmx_DescriptionOfAccountingPolicyForOtherCurrentAndNonCurrentAssetsPolicyTextBlock_documentation_en-US" xlink:label="lab_fmx_DescriptionOfAccountingPolicyForOtherCurrentAndNonCurrentAssetsPolicyTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Description of accounting policy for other current assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DescriptionOfAccountingPolicyForOtherCurrentAndNonCurrentAssetsPolicyTextBlock" xlink:href="fmx-20251231.xsd#fmx_DescriptionOfAccountingPolicyForOtherCurrentAndNonCurrentAssetsPolicyTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DescriptionOfAccountingPolicyForOtherCurrentAndNonCurrentAssetsPolicyTextBlock" xlink:to="lab_fmx_DescriptionOfAccountingPolicyForOtherCurrentAndNonCurrentAssetsPolicyTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DonationsAndSubsidiesExpense_019b3310-0320-79c4-90dc-17b44b57b21e_terseLabel_en-US" xlink:label="lab_ifrs-full_DonationsAndSubsidiesExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Donations</link:label>
    <link:label id="lab_ifrs-full_DonationsAndSubsidiesExpense_label_en-US" xlink:label="lab_ifrs-full_DonationsAndSubsidiesExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Donations and subsidies expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DonationsAndSubsidiesExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DonationsAndSubsidiesExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DonationsAndSubsidiesExpense" xlink:to="lab_ifrs-full_DonationsAndSubsidiesExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TaxContingenciesAmount_019b3310-0272-77b3-9439-b2aca54f36cb_terseLabel_en-US" xlink:label="lab_fmx_TaxContingenciesAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax contingencies amount</link:label>
    <link:label id="lab_fmx_TaxContingenciesAmount_label_en-US" xlink:label="lab_fmx_TaxContingenciesAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax Contingencies Amount</link:label>
    <link:label id="lab_fmx_TaxContingenciesAmount_documentation_en-US" xlink:label="lab_fmx_TaxContingenciesAmount" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tax contingencies amount.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TaxContingenciesAmount" xlink:href="fmx-20251231.xsd#fmx_TaxContingenciesAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TaxContingenciesAmount" xlink:to="lab_fmx_TaxContingenciesAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnNetMonetaryPosition_019b3310-031f-7252-a808-190d824a3490_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnNetMonetaryPosition" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on monetary position for subsidiaries in hyperinflationary economies</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnNetMonetaryPosition_019b3310-031f-7078-91cd-437e5092c8b9_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnNetMonetaryPosition" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">(Gain) on monetary position for subsidiaries in hyperinflationary economies</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnNetMonetaryPosition_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnNetMonetaryPosition" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on net monetary position</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnNetMonetaryPosition" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnNetMonetaryPosition"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnNetMonetaryPosition" xlink:to="lab_ifrs-full_GainsLossesOnNetMonetaryPosition" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_GainOnHedgeOfNetInvestmentsInForeignOperationsMember_019b3310-0320-7ce4-ba20-2248b271d3b7_terseLabel_en-US" xlink:label="lab_fmx_GainOnHedgeOfNetInvestmentsInForeignOperationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on hedge of net investments in foreign operations</link:label>
    <link:label id="lab_fmx_GainOnHedgeOfNetInvestmentsInForeignOperationsMember_label_en-US" xlink:label="lab_fmx_GainOnHedgeOfNetInvestmentsInForeignOperationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain on hedge of net investments in foreign operations [Member]</link:label>
    <link:label id="lab_fmx_GainOnHedgeOfNetInvestmentsInForeignOperationsMember_documentation_en-US" xlink:label="lab_fmx_GainOnHedgeOfNetInvestmentsInForeignOperationsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for Gain on hedge of net investments in foreign operations.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_GainOnHedgeOfNetInvestmentsInForeignOperationsMember" xlink:href="fmx-20251231.xsd#fmx_GainOnHedgeOfNetInvestmentsInForeignOperationsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_GainOnHedgeOfNetInvestmentsInForeignOperationsMember" xlink:to="lab_fmx_GainOnHedgeOfNetInvestmentsInForeignOperationsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain_019b3310-03bf-7c0a-8a77-9f56331e9da5_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial instruments [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial instruments [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialInstrumentsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:to="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsTable_019b3310-03bf-707d-8cfd-8433f77daefe_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about business combination [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about business combination [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBusinessCombinationsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:to="lab_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CashAndCashEquivalentMember_019b3310-0272-7d9e-a3fb-97db2fc746e3_terseLabel_en-US" xlink:label="lab_fmx_CashAndCashEquivalentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalent</link:label>
    <link:label id="lab_fmx_CashAndCashEquivalentMember_label_en-US" xlink:label="lab_fmx_CashAndCashEquivalentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and cash equivalent [Member]</link:label>
    <link:label id="lab_fmx_CashAndCashEquivalentMember_documentation_en-US" xlink:label="lab_fmx_CashAndCashEquivalentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cash and cash equivalent.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CashAndCashEquivalentMember" xlink:href="fmx-20251231.xsd#fmx_CashAndCashEquivalentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CashAndCashEquivalentMember" xlink:to="lab_fmx_CashAndCashEquivalentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_EnvoyAndOtherAcquisitionsAdjustedMember_019b3310-0271-7fcc-a3ab-02147e40e63f_terseLabel_en-US" xlink:label="lab_fmx_EnvoyAndOtherAcquisitionsAdjustedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Envoy And Other Acquisitions, Adjusted</link:label>
    <link:label id="lab_fmx_EnvoyAndOtherAcquisitionsAdjustedMember_label_en-US" xlink:label="lab_fmx_EnvoyAndOtherAcquisitionsAdjustedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Envoy And Other Acquisitions, Adjusted [Member]</link:label>
    <link:label id="lab_fmx_EnvoyAndOtherAcquisitionsAdjustedMember_documentation_en-US" xlink:label="lab_fmx_EnvoyAndOtherAcquisitionsAdjustedMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Envoy And Other Acquisitions, Adjusted</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_EnvoyAndOtherAcquisitionsAdjustedMember" xlink:href="fmx-20251231.xsd#fmx_EnvoyAndOtherAcquisitionsAdjustedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_EnvoyAndOtherAcquisitionsAdjustedMember" xlink:to="lab_fmx_EnvoyAndOtherAcquisitionsAdjustedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForDepreciationExpense_019b3310-019e-7204-ac81-6243dfeb1c78_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDepreciationExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForDepreciationExpense_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDepreciationExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for depreciation expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForDepreciationExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForDepreciationExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDepreciationExpense" xlink:to="lab_ifrs-full_AdjustmentsForDepreciationExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ExclusionOfValueAddedTaxMember_019b3310-031f-76af-94c1-01bd96926b5f_terseLabel_en-US" xlink:label="lab_fmx_ExclusionOfValueAddedTaxMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exclusion of ICMS from PIS/COFINS taxable basis</link:label>
    <link:label id="lab_fmx_ExclusionOfValueAddedTaxMember_label_en-US" xlink:label="lab_fmx_ExclusionOfValueAddedTaxMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Exclusion Of Value Added Tax [Member]</link:label>
    <link:label id="lab_fmx_ExclusionOfValueAddedTaxMember_documentation_en-US" xlink:label="lab_fmx_ExclusionOfValueAddedTaxMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Exclusion Of Value Added Tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ExclusionOfValueAddedTaxMember" xlink:href="fmx-20251231.xsd#fmx_ExclusionOfValueAddedTaxMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ExclusionOfValueAddedTaxMember" xlink:to="lab_fmx_ExclusionOfValueAddedTaxMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AuditorLocation_019b3310-03bf-7c50-bf81-bf589dbbd4d7_terseLabel_en-US" xlink:label="lab_dei_AuditorLocation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Auditor Location</link:label>
    <link:label id="lab_dei_AuditorLocation_label_en-US" xlink:label="lab_dei_AuditorLocation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Auditor Location</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AuditorLocation" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditorLocation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AuditorLocation" xlink:to="lab_dei_AuditorLocation" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiabilityAsset_019b3310-031f-7b7f-8cee-09d524daf426_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of subsidiaries</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through business combinations, deferred tax liability (asset)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiabilityAsset" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughBusinessCombinationsDeferredTaxLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AlimentosDeSojaSAUMember_019b3310-03bf-7fb2-b991-2b08f0579c88_terseLabel_en-US" xlink:label="lab_fmx_AlimentosDeSojaSAUMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Alimentos de Soja S.A.U.</link:label>
    <link:label id="lab_fmx_AlimentosDeSojaSAUMember_label_en-US" xlink:label="lab_fmx_AlimentosDeSojaSAUMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Alimentos de Soja S.A.U. [Member]</link:label>
    <link:label id="lab_fmx_AlimentosDeSojaSAUMember_documentation_en-US" xlink:label="lab_fmx_AlimentosDeSojaSAUMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Alimentos de Soja S.A.U.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AlimentosDeSojaSAUMember" xlink:href="fmx-20251231.xsd#fmx_AlimentosDeSojaSAUMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AlimentosDeSojaSAUMember" xlink:to="lab_fmx_AlimentosDeSojaSAUMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfDetailedInformationAboutNonControllingInterestCumulativeOtherComprehensiveLossTableTextBlock_019b3310-0271-7837-a618-1c5890c7122c_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfDetailedInformationAboutNonControllingInterestCumulativeOtherComprehensiveLossTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Non-Controlling Interest's Accumulated Other Comprehensive Loss</link:label>
    <link:label id="lab_fmx_DisclosureOfDetailedInformationAboutNonControllingInterestCumulativeOtherComprehensiveLossTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfDetailedInformationAboutNonControllingInterestCumulativeOtherComprehensiveLossTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Detailed Information About Non Controlling Interest Cumulative Other Comprehensive Loss [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfDetailedInformationAboutNonControllingInterestCumulativeOtherComprehensiveLossTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfDetailedInformationAboutNonControllingInterestCumulativeOtherComprehensiveLossTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Detailed Information About Non Controlling Interest Cumulative Other Comprehensive Loss [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfDetailedInformationAboutNonControllingInterestCumulativeOtherComprehensiveLossTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfDetailedInformationAboutNonControllingInterestCumulativeOtherComprehensiveLossTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfDetailedInformationAboutNonControllingInterestCumulativeOtherComprehensiveLossTableTextBlock" xlink:to="lab_fmx_DisclosureOfDetailedInformationAboutNonControllingInterestCumulativeOtherComprehensiveLossTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTax_019b3310-0320-7b52-9220-a372712d0c4d_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount reclassified from OCI to profit or loss</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTax_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income that will be reclassified to profit or loss, before tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTax" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossBeforeTax" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanSixMonthsMember_019b3310-031f-7c93-8e3c-09816e1048fc_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanSixMonthsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">1&#8209;6&#160;months</link:label>
    <link:label id="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanSixMonthsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanSixMonthsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than one month and not later than six months [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanOneMonthAndNotLaterThanSixMonthsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanOneMonthAndNotLaterThanSixMonthsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanOneMonthAndNotLaterThanSixMonthsMember" xlink:to="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanSixMonthsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LegalFeesAndOtherExpensesFromPastAcquisitions_019b3310-03bf-7901-b380-eb929665abfa_terseLabel_en-US" xlink:label="lab_fmx_LegalFeesAndOtherExpensesFromPastAcquisitions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Legal fees and other expenses from past acquisitions</link:label>
    <link:label id="lab_fmx_LegalFeesAndOtherExpensesFromPastAcquisitions_label_en-US" xlink:label="lab_fmx_LegalFeesAndOtherExpensesFromPastAcquisitions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Legal Fees And Other Expenses From Past Acquisitions</link:label>
    <link:label id="lab_fmx_LegalFeesAndOtherExpensesFromPastAcquisitions_documentation_en-US" xlink:label="lab_fmx_LegalFeesAndOtherExpensesFromPastAcquisitions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Legal fees and other expenses from past acquisitions.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LegalFeesAndOtherExpensesFromPastAcquisitions" xlink:href="fmx-20251231.xsd#fmx_LegalFeesAndOtherExpensesFromPastAcquisitions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LegalFeesAndOtherExpensesFromPastAcquisitions" xlink:to="lab_fmx_LegalFeesAndOtherExpensesFromPastAcquisitions" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfIncomeStatementOfSignificantAssociateExplanatory_019b3310-0272-74f7-8941-d48854971edf_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfIncomeStatementOfSignificantAssociateExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Selected Income Statement for Period from Acquisition Date</link:label>
    <link:label id="lab_fmx_DisclosureOfIncomeStatementOfSignificantAssociateExplanatory_label_en-US" xlink:label="lab_fmx_DisclosureOfIncomeStatementOfSignificantAssociateExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Income Statement of Significant Associate [text block]</link:label>
    <link:label id="lab_fmx_DisclosureOfIncomeStatementOfSignificantAssociateExplanatory_documentation_en-US" xlink:label="lab_fmx_DisclosureOfIncomeStatementOfSignificantAssociateExplanatory" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of income statement of significant associate explanatory.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfIncomeStatementOfSignificantAssociateExplanatory" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfIncomeStatementOfSignificantAssociateExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfIncomeStatementOfSignificantAssociateExplanatory" xlink:to="lab_fmx_DisclosureOfIncomeStatementOfSignificantAssociateExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_country_LU_019b3310-031f-7422-bc4b-1121104fa277_terseLabel_en-US" xlink:label="lab_country_LU" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Luxembourg</link:label>
    <link:label id="lab_country_LU_label_en-US" xlink:label="lab_country_LU" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">LUXEMBOURG</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_LU" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_LU"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_LU" xlink:to="lab_country_LU" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NetForeignExchangeLoss_019c46e9-1783-794d-a200-d0a830bb13cf_terseLabel_en-US" xlink:label="lab_ifrs-full_NetForeignExchangeLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign exchange loss related to operating activities</link:label>
    <link:label id="lab_ifrs-full_NetForeignExchangeLoss_label_en-US" xlink:label="lab_ifrs-full_NetForeignExchangeLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net foreign exchange loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NetForeignExchangeLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetForeignExchangeLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetForeignExchangeLoss" xlink:to="lab_ifrs-full_NetForeignExchangeLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_EffectsOfChangesInForeignExchangeRatesRightOfUseAssets_019b3310-0272-769d-a81b-a8626d031876_terseLabel_en-US" xlink:label="lab_fmx_EffectsOfChangesInForeignExchangeRatesRightOfUseAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effects of changes in foreign exchange rates and restatement effects associated with hyperinflationary economies</link:label>
    <link:label id="lab_fmx_EffectsOfChangesInForeignExchangeRatesRightOfUseAssets_label_en-US" xlink:label="lab_fmx_EffectsOfChangesInForeignExchangeRatesRightOfUseAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effects Of Changes In Foreign Exchange Rates Right Of Use Assets</link:label>
    <link:label id="lab_fmx_EffectsOfChangesInForeignExchangeRatesRightOfUseAssets_documentation_en-US" xlink:label="lab_fmx_EffectsOfChangesInForeignExchangeRatesRightOfUseAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effects of changes in foreign exchange rates, right of use assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_EffectsOfChangesInForeignExchangeRatesRightOfUseAssets" xlink:href="fmx-20251231.xsd#fmx_EffectsOfChangesInForeignExchangeRatesRightOfUseAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_EffectsOfChangesInForeignExchangeRatesRightOfUseAssets" xlink:to="lab_fmx_EffectsOfChangesInForeignExchangeRatesRightOfUseAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OperatingLiabilityCurrent_019b3310-03bf-767e-bc64-554c65c44013_terseLabel_en-US" xlink:label="lab_fmx_OperatingLiabilityCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating liabilities</link:label>
    <link:label id="lab_fmx_OperatingLiabilityCurrent_label_en-US" xlink:label="lab_fmx_OperatingLiabilityCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Liability, Current</link:label>
    <link:label id="lab_fmx_OperatingLiabilityCurrent_documentation_en-US" xlink:label="lab_fmx_OperatingLiabilityCurrent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Operating Liability, Current</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OperatingLiabilityCurrent" xlink:href="fmx-20251231.xsd#fmx_OperatingLiabilityCurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OperatingLiabilityCurrent" xlink:to="lab_fmx_OperatingLiabilityCurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProductsAndServicesDomain_019b3310-0320-72ca-88ef-391601eec912_terseLabel_en-US" xlink:label="lab_ifrs-full_ProductsAndServicesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Products and services [domain]</link:label>
    <link:label id="lab_ifrs-full_ProductsAndServicesDomain_label_en-US" xlink:label="lab_ifrs-full_ProductsAndServicesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Products and services [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProductsAndServicesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProductsAndServicesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProductsAndServicesDomain" xlink:to="lab_ifrs-full_ProductsAndServicesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_RevenuePaymentTerms_019b3310-031f-7dd8-b9c5-a1db7e4b421b_terseLabel_en-US" xlink:label="lab_fmx_RevenuePaymentTerms" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue, payment terms</link:label>
    <link:label id="lab_fmx_RevenuePaymentTerms_label_en-US" xlink:label="lab_fmx_RevenuePaymentTerms" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue, Payment Terms</link:label>
    <link:label id="lab_fmx_RevenuePaymentTerms_documentation_en-US" xlink:label="lab_fmx_RevenuePaymentTerms" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue, Payment Terms</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_RevenuePaymentTerms" xlink:href="fmx-20251231.xsd#fmx_RevenuePaymentTerms"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_RevenuePaymentTerms" xlink:to="lab_fmx_RevenuePaymentTerms" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsExplanatory_019b3310-03be-79ca-9d38-dbacaf0b844e_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Information by Operating Segment</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of operating segments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOperatingSegmentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOperatingSegmentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_WeightedAverageShares_019b3310-0271-7dd9-9e43-b0105584805d_terseLabel_en-US" xlink:label="lab_ifrs-full_WeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average number of shares for basic earnings per share (in shares)</link:label>
    <link:label id="lab_ifrs-full_WeightedAverageShares_label_en-US" xlink:label="lab_ifrs-full_WeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average number of ordinary shares used in calculating basic earnings per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WeightedAverageShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageShares" xlink:to="lab_ifrs-full_WeightedAverageShares" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PercentageOfDividendPaid_019b3310-0447-7a30-a441-16c5769df064_terseLabel_en-US" xlink:label="lab_fmx_PercentageOfDividendPaid" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of dividend paid</link:label>
    <link:label id="lab_fmx_PercentageOfDividendPaid_label_en-US" xlink:label="lab_fmx_PercentageOfDividendPaid" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Dividend Paid</link:label>
    <link:label id="lab_fmx_PercentageOfDividendPaid_documentation_en-US" xlink:label="lab_fmx_PercentageOfDividendPaid" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of dividend paid.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PercentageOfDividendPaid" xlink:href="fmx-20251231.xsd#fmx_PercentageOfDividendPaid"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PercentageOfDividendPaid" xlink:to="lab_fmx_PercentageOfDividendPaid" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_GoodwillDeductibleTaxPurposesPeriod_019b3310-0271-7f7b-8c0c-1d131988b4ca_terseLabel_en-US" xlink:label="lab_fmx_GoodwillDeductibleTaxPurposesPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deductible goodwill, tax purposes, period</link:label>
    <link:label id="lab_fmx_GoodwillDeductibleTaxPurposesPeriod_label_en-US" xlink:label="lab_fmx_GoodwillDeductibleTaxPurposesPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill Deductible, Tax Purposes, Period</link:label>
    <link:label id="lab_fmx_GoodwillDeductibleTaxPurposesPeriod_documentation_en-US" xlink:label="lab_fmx_GoodwillDeductibleTaxPurposesPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Goodwill Deductible, Tax Purposes, Period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_GoodwillDeductibleTaxPurposesPeriod" xlink:href="fmx-20251231.xsd#fmx_GoodwillDeductibleTaxPurposesPeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_GoodwillDeductibleTaxPurposesPeriod" xlink:to="lab_fmx_GoodwillDeductibleTaxPurposesPeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RemainingAmortisationPeriodOfIntangibleAssetsMaterialToEntity2019_019b3310-031f-700d-aece-68086f447937_verboseLabel_en-US" xlink:label="lab_ifrs-full_RemainingAmortisationPeriodOfIntangibleAssetsMaterialToEntity2019" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Average remaining period intangible assets subject to amortization</link:label>
    <link:label id="lab_ifrs-full_RemainingAmortisationPeriodOfIntangibleAssetsMaterialToEntity2019_label_en-US" xlink:label="lab_ifrs-full_RemainingAmortisationPeriodOfIntangibleAssetsMaterialToEntity2019" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Remaining amortisation period of intangible assets material to entity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RemainingAmortisationPeriodOfIntangibleAssetsMaterialToEntity2019" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RemainingAmortisationPeriodOfIntangibleAssetsMaterialToEntity2019"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RemainingAmortisationPeriodOfIntangibleAssetsMaterialToEntity2019" xlink:to="lab_ifrs-full_RemainingAmortisationPeriodOfIntangibleAssetsMaterialToEntity2019" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ResineMember_019b3310-03be-7ef4-bb00-5bf762b94c55_terseLabel_en-US" xlink:label="lab_fmx_ResineMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Resine</link:label>
    <link:label id="lab_fmx_ResineMember_label_en-US" xlink:label="lab_fmx_ResineMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Resine [Member]</link:label>
    <link:label id="lab_fmx_ResineMember_documentation_en-US" xlink:label="lab_fmx_ResineMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Resine.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ResineMember" xlink:href="fmx-20251231.xsd#fmx_ResineMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ResineMember" xlink:to="lab_fmx_ResineMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_A2024EffectsMember_019c9eb0-a3e0-7967-926a-7e8ba6171b93_terseLabel_en-US" xlink:label="lab_fmx_A2024EffectsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2024 Effects</link:label>
    <link:label id="lab_fmx_A2024EffectsMember_label_en-US" xlink:label="lab_fmx_A2024EffectsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">2024 Effects [Member]</link:label>
    <link:label id="lab_fmx_A2024EffectsMember_documentation_en-US" xlink:label="lab_fmx_A2024EffectsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">2024 Effects</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_A2024EffectsMember" xlink:href="fmx-20251231.xsd#fmx_A2024EffectsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_A2024EffectsMember" xlink:to="lab_fmx_A2024EffectsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_A525SeniorNotesMaturingOnNovember262045Member_019b3310-03bf-7f8d-a68a-41f6bf255dc3_terseLabel_en-US" xlink:label="lab_fmx_A525SeniorNotesMaturingOnNovember262045Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">5.25% Senior Notes Maturing On November 26, 2045</link:label>
    <link:label id="lab_fmx_A525SeniorNotesMaturingOnNovember262045Member_label_en-US" xlink:label="lab_fmx_A525SeniorNotesMaturingOnNovember262045Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">5.25% Senior Notes Maturing On November 26, 2045 [Member]</link:label>
    <link:label id="lab_fmx_A525SeniorNotesMaturingOnNovember262045Member_documentation_en-US" xlink:label="lab_fmx_A525SeniorNotesMaturingOnNovember262045Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Five Point Two Five Percentage Senior Notes Maturing On November Twenty Six Two Thousand Forty Three [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_A525SeniorNotesMaturingOnNovember262045Member" xlink:href="fmx-20251231.xsd#fmx_A525SeniorNotesMaturingOnNovember262045Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_A525SeniorNotesMaturingOnNovember262045Member" xlink:to="lab_fmx_A525SeniorNotesMaturingOnNovember262045Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill_019b3310-0320-7995-859a-323da4f96b13_terseLabel_en-US" xlink:label="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairment charge on goodwill</link:label>
    <link:label id="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill_label_en-US" xlink:label="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impairment loss recognised in profit or loss, goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:to="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentAdvancesToSuppliers_019b3310-0320-7455-b5d1-550992b40379_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentAdvancesToSuppliers" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances to service suppliers</link:label>
    <link:label id="lab_ifrs-full_CurrentAdvancesToSuppliers_label_en-US" xlink:label="lab_ifrs-full_CurrentAdvancesToSuppliers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current advances to suppliers</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentAdvancesToSuppliers" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentAdvancesToSuppliers"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentAdvancesToSuppliers" xlink:to="lab_ifrs-full_CurrentAdvancesToSuppliers" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LiabilitiesOfAmortizationOfGoodwillOfBusinessAcquisitionMember_019b3310-0320-7fbc-90b8-f869a220a680_terseLabel_en-US" xlink:label="lab_fmx_LiabilitiesOfAmortizationOfGoodwillOfBusinessAcquisitionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities of amortization of goodwill of business acquisition</link:label>
    <link:label id="lab_fmx_LiabilitiesOfAmortizationOfGoodwillOfBusinessAcquisitionMember_label_en-US" xlink:label="lab_fmx_LiabilitiesOfAmortizationOfGoodwillOfBusinessAcquisitionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities of amortization of goodwill of business acquisition [Member]</link:label>
    <link:label id="lab_fmx_LiabilitiesOfAmortizationOfGoodwillOfBusinessAcquisitionMember_documentation_en-US" xlink:label="lab_fmx_LiabilitiesOfAmortizationOfGoodwillOfBusinessAcquisitionMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">it pertains to the liabilities of amortization of goodwill of business acquisition.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LiabilitiesOfAmortizationOfGoodwillOfBusinessAcquisitionMember" xlink:href="fmx-20251231.xsd#fmx_LiabilitiesOfAmortizationOfGoodwillOfBusinessAcquisitionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LiabilitiesOfAmortizationOfGoodwillOfBusinessAcquisitionMember" xlink:to="lab_fmx_LiabilitiesOfAmortizationOfGoodwillOfBusinessAcquisitionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_InterestIncomeOnFinanceOperatingProducts_019b3310-0271-71f9-8a09-d254b40e3b03_terseLabel_en-US" xlink:label="lab_fmx_InterestIncomeOnFinanceOperatingProducts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finance operating products</link:label>
    <link:label id="lab_fmx_InterestIncomeOnFinanceOperatingProducts_label_en-US" xlink:label="lab_fmx_InterestIncomeOnFinanceOperatingProducts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Income On Finance Operating Products</link:label>
    <link:label id="lab_fmx_InterestIncomeOnFinanceOperatingProducts_documentation_en-US" xlink:label="lab_fmx_InterestIncomeOnFinanceOperatingProducts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest Income On Finance Operating Products</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_InterestIncomeOnFinanceOperatingProducts" xlink:href="fmx-20251231.xsd#fmx_InterestIncomeOnFinanceOperatingProducts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_InterestIncomeOnFinanceOperatingProducts" xlink:to="lab_fmx_InterestIncomeOnFinanceOperatingProducts" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment_019b3310-0271-7997-8821-69fdd1164442_terseLabel_en-US" xlink:label="lab_ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based payments</link:label>
    <link:label id="lab_ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment_label_en-US" xlink:label="lab_ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Key management personnel compensation, share-based payment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment" xlink:to="lab_ifrs-full_KeyManagementPersonnelCompensationSharebasedPayment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Borrowings_019b3310-03bf-742d-b841-39e71af36488_verboseLabel_en-US" xlink:label="lab_ifrs-full_Borrowings" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Long-term debt</link:label>
    <link:label id="lab_ifrs-full_Borrowings_019b3310-03bf-7512-8866-1dcc7f284237_terseLabel_en-US" xlink:label="lab_ifrs-full_Borrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings</link:label>
    <link:label id="lab_ifrs-full_Borrowings_label_en-US" xlink:label="lab_ifrs-full_Borrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Borrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Borrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Borrowings" xlink:to="lab_ifrs-full_Borrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PercentageOfBonus_019b3310-0320-72b5-a7cd-2d77edad63a5_terseLabel_en-US" xlink:label="lab_fmx_PercentageOfBonus" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of bonus</link:label>
    <link:label id="lab_fmx_PercentageOfBonus_label_en-US" xlink:label="lab_fmx_PercentageOfBonus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of bonus</link:label>
    <link:label id="lab_fmx_PercentageOfBonus_documentation_en-US" xlink:label="lab_fmx_PercentageOfBonus" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of bonus.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PercentageOfBonus" xlink:href="fmx-20251231.xsd#fmx_PercentageOfBonus"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PercentageOfBonus" xlink:to="lab_fmx_PercentageOfBonus" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityWellKnownSeasonedIssuer_019b3310-0320-7ad2-ac90-307f9a78ab4b_terseLabel_en-US" xlink:label="lab_dei_EntityWellKnownSeasonedIssuer" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
    <link:label id="lab_dei_EntityWellKnownSeasonedIssuer_label_en-US" xlink:label="lab_dei_EntityWellKnownSeasonedIssuer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityWellKnownSeasonedIssuer" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityWellKnownSeasonedIssuer"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityWellKnownSeasonedIssuer" xlink:to="lab_dei_EntityWellKnownSeasonedIssuer" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureDeferredTaxRelatedToOtherComprehensiveIncomeTableTextBlock_019b3310-03be-79cb-a87d-78696dc71097_terseLabel_en-US" xlink:label="lab_fmx_DisclosureDeferredTaxRelatedToOtherComprehensiveIncomeTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Deferred Tax related to Other Comprehensive Income (AOCI)</link:label>
    <link:label id="lab_fmx_DisclosureDeferredTaxRelatedToOtherComprehensiveIncomeTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureDeferredTaxRelatedToOtherComprehensiveIncomeTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Deferred Tax Related To Other Comprehensive Income [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureDeferredTaxRelatedToOtherComprehensiveIncomeTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureDeferredTaxRelatedToOtherComprehensiveIncomeTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure deferred tax related to other comprehensive income.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureDeferredTaxRelatedToOtherComprehensiveIncomeTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureDeferredTaxRelatedToOtherComprehensiveIncomeTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureDeferredTaxRelatedToOtherComprehensiveIncomeTableTextBlock" xlink:to="lab_fmx_DisclosureDeferredTaxRelatedToOtherComprehensiveIncomeTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BetweenTwentyOneAndTwentySixYearsMember_019b3310-03bf-7cd5-a1ad-fb5474cc7e0a_terseLabel_en-US" xlink:label="lab_fmx_BetweenTwentyOneAndTwentySixYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2050</link:label>
    <link:label id="lab_fmx_BetweenTwentyOneAndTwentySixYearsMember_label_en-US" xlink:label="lab_fmx_BetweenTwentyOneAndTwentySixYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Between Twenty One and Twenty Six Years [Member]</link:label>
    <link:label id="lab_fmx_BetweenTwentyOneAndTwentySixYearsMember_documentation_en-US" xlink:label="lab_fmx_BetweenTwentyOneAndTwentySixYearsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Between Twenty One and Twenty Six Years</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BetweenTwentyOneAndTwentySixYearsMember" xlink:href="fmx-20251231.xsd#fmx_BetweenTwentyOneAndTwentySixYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BetweenTwentyOneAndTwentySixYearsMember" xlink:to="lab_fmx_BetweenTwentyOneAndTwentySixYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DeferredTaxLiabilityBeforeReclassificationToAssetsHeldForSale_019b3310-03be-702d-bea3-f405e2dc5ec2_terseLabel_en-US" xlink:label="lab_fmx_DeferredTaxLiabilityBeforeReclassificationToAssetsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax liability before reclassification to assets held for sale</link:label>
    <link:label id="lab_fmx_DeferredTaxLiabilityBeforeReclassificationToAssetsHeldForSale_label_en-US" xlink:label="lab_fmx_DeferredTaxLiabilityBeforeReclassificationToAssetsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liability Before Reclassification To Assets Held For Sale</link:label>
    <link:label id="lab_fmx_DeferredTaxLiabilityBeforeReclassificationToAssetsHeldForSale_documentation_en-US" xlink:label="lab_fmx_DeferredTaxLiabilityBeforeReclassificationToAssetsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Tax Liability Before Reclassification To Assets Held For Sale</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DeferredTaxLiabilityBeforeReclassificationToAssetsHeldForSale" xlink:href="fmx-20251231.xsd#fmx_DeferredTaxLiabilityBeforeReclassificationToAssetsHeldForSale"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DeferredTaxLiabilityBeforeReclassificationToAssetsHeldForSale" xlink:to="lab_fmx_DeferredTaxLiabilityBeforeReclassificationToAssetsHeldForSale" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfFinancialAssetsAndFinancialLiabilitiesTable_019b3310-0272-7b9e-9cf9-653d664cfd5b_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfFinancialAssetsAndFinancialLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Financial Assets and Financial Liabilities [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfFinancialAssetsAndFinancialLiabilitiesTable_label_en-US" xlink:label="lab_fmx_DisclosureOfFinancialAssetsAndFinancialLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Financial Assets and Financial Liabilities [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfFinancialAssetsAndFinancialLiabilitiesTable_documentation_en-US" xlink:label="lab_fmx_DisclosureOfFinancialAssetsAndFinancialLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Financial Assets and Financial Liabilities [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfFinancialAssetsAndFinancialLiabilitiesTable" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfFinancialAssetsAndFinancialLiabilitiesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfFinancialAssetsAndFinancialLiabilitiesTable" xlink:to="lab_fmx_DisclosureOfFinancialAssetsAndFinancialLiabilitiesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DefinedBenefitPlansDomain_019b3310-0320-7e67-aced-40a8cac664db_terseLabel_en-US" xlink:label="lab_ifrs-full_DefinedBenefitPlansDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Defined benefit plans [domain]</link:label>
    <link:label id="lab_ifrs-full_DefinedBenefitPlansDomain_label_en-US" xlink:label="lab_ifrs-full_DefinedBenefitPlansDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined benefit plans [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DefinedBenefitPlansDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DefinedBenefitPlansDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DefinedBenefitPlansDomain" xlink:to="lab_ifrs-full_DefinedBenefitPlansDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfAccountsReceivableTable_019b3310-031f-7270-bcae-212d46df8767_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfAccountsReceivableTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of Accounts receivable [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfAccountsReceivableTable_label_en-US" xlink:label="lab_fmx_DisclosureOfAccountsReceivableTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Accounts receivable [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfAccountsReceivableTable_documentation_en-US" xlink:label="lab_fmx_DisclosureOfAccountsReceivableTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of Accounts receivable Table.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfAccountsReceivableTable" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfAccountsReceivableTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfAccountsReceivableTable" xlink:to="lab_fmx_DisclosureOfAccountsReceivableTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TaxRateEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss_019b3310-0320-7cd9-b1c7-e52fc26a98aa_terseLabel_en-US" xlink:label="lab_ifrs-full_TaxRateEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-deductible expenses</link:label>
    <link:label id="lab_ifrs-full_TaxRateEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss_label_en-US" xlink:label="lab_ifrs-full_TaxRateEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax rate effect of expense not deductible in determining taxable profit (tax loss)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TaxRateEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TaxRateEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TaxRateEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss" xlink:to="lab_ifrs-full_TaxRateEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract_label_en-US" xlink:label="lab_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments in subsidiaries, joint ventures and associates reported in separate financial statements [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract" xlink:to="lab_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociatesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughChangesInModelsOrRiskParametersFinancialAssets_019b3310-0271-748e-89c1-018622a7436b_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughChangesInModelsOrRiskParametersFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Allowance for the period</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughChangesInModelsOrRiskParametersFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughChangesInModelsOrRiskParametersFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through changes in models or risk parameters, financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughChangesInModelsOrRiskParametersFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughChangesInModelsOrRiskParametersFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughChangesInModelsOrRiskParametersFinancialAssets" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughChangesInModelsOrRiskParametersFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_EffectOfCumulativeInflationPercentageRecognised_019b3310-0271-797b-9d17-ad549f1751e4_terseLabel_en-US" xlink:label="lab_fmx_EffectOfCumulativeInflationPercentageRecognised" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cumulative inflation percentage, threshold for recognition</link:label>
    <link:label id="lab_fmx_EffectOfCumulativeInflationPercentageRecognised_label_en-US" xlink:label="lab_fmx_EffectOfCumulativeInflationPercentageRecognised" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effect Of Cumulative Inflation Percentage Recognised</link:label>
    <link:label id="lab_fmx_EffectOfCumulativeInflationPercentageRecognised_documentation_en-US" xlink:label="lab_fmx_EffectOfCumulativeInflationPercentageRecognised" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cumulative inflation percentage over three-year period, threshold for recognition.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_EffectOfCumulativeInflationPercentageRecognised" xlink:href="fmx-20251231.xsd#fmx_EffectOfCumulativeInflationPercentageRecognised"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_EffectOfCumulativeInflationPercentageRecognised" xlink:to="lab_fmx_EffectOfCumulativeInflationPercentageRecognised" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesLineItems_019b3310-031f-7eaa-ab51-8c0c3186d774_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of information for cash-generating units [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of information for cash-generating units [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesLineItems" xlink:to="lab_ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_019b3310-0272-7d35-b08b-aa4e54304061_terseLabel_en-US" xlink:label="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impairment loss recognised in profit or loss, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DeferredTaxExpenseIncomeAbstract_019b3310-03bf-75f2-86ba-e1857bed6a1d_verboseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax expense (benefit):</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxExpenseIncomeAbstract_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred tax expense (income) [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxExpenseIncomeAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxExpenseIncomeAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxExpenseIncomeAbstract" xlink:to="lab_ifrs-full_DeferredTaxExpenseIncomeAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset_019b3310-03be-7b92-b922-753600f5cd2d_terseLabel_en-US" xlink:label="lab_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Past Service Cost</link:label>
    <link:label id="lab_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset_019b3310-03be-764c-b428-3409b7dd73e7_verboseLabel_en-US" xlink:label="lab_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Past service cost</link:label>
    <link:label id="lab_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset_019beb4c-4e47-72d2-89da-c6abb7592f0c_netLabel_en-US" xlink:label="lab_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Plan amendments</link:label>
    <link:label id="lab_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in net defined benefit liability (asset) resulting from past service cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_PastServiceCostNetDefinedBenefitLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DifusionYFomentoCulturalACMember_019b3310-019e-7352-a408-645a6e41d4a7_terseLabel_en-US" xlink:label="lab_fmx_DifusionYFomentoCulturalACMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Difusion y Fomento Cultural, A.C.</link:label>
    <link:label id="lab_fmx_DifusionYFomentoCulturalACMember_label_en-US" xlink:label="lab_fmx_DifusionYFomentoCulturalACMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Difusion y Fomento Cultural, A.C. [Member]</link:label>
    <link:label id="lab_fmx_DifusionYFomentoCulturalACMember_documentation_en-US" xlink:label="lab_fmx_DifusionYFomentoCulturalACMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Difusion y Fomento Cultural, A.C.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DifusionYFomentoCulturalACMember" xlink:href="fmx-20251231.xsd#fmx_DifusionYFomentoCulturalACMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DifusionYFomentoCulturalACMember" xlink:to="lab_fmx_DifusionYFomentoCulturalACMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BetaSanMiguelMember_019b3310-03be-7aa6-9811-90b9dcb42c01_terseLabel_en-US" xlink:label="lab_fmx_BetaSanMiguelMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Beta San Miguel</link:label>
    <link:label id="lab_fmx_BetaSanMiguelMember_label_en-US" xlink:label="lab_fmx_BetaSanMiguelMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Beta San Miguel [Member]</link:label>
    <link:label id="lab_fmx_BetaSanMiguelMember_documentation_en-US" xlink:label="lab_fmx_BetaSanMiguelMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Beta San Miguel [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BetaSanMiguelMember" xlink:href="fmx-20251231.xsd#fmx_BetaSanMiguelMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BetaSanMiguelMember" xlink:to="lab_fmx_BetaSanMiguelMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax_019b3310-03bf-7f86-be20-1e5869d7c1e7_verboseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Loss on hedge of net investments in foreign operations</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax_019b3310-03bf-7a0d-9761-302c9ca72c52_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign currency revaluation of the net foreign operations</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on hedges of net investments in foreign operations, net of tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:to="lab_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PostemploymentMedicalDefinedBenefitPlansMember_019d29c6-a5d0-7c1e-a2a7-91aa069c6b62_terseLabel_en-US" xlink:label="lab_ifrs-full_PostemploymentMedicalDefinedBenefitPlansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Medical services plan assets at fair value</link:label>
    <link:label id="lab_ifrs-full_PostemploymentMedicalDefinedBenefitPlansMember_label_en-US" xlink:label="lab_ifrs-full_PostemploymentMedicalDefinedBenefitPlansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Post-employment medical defined benefit plans [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PostemploymentMedicalDefinedBenefitPlansMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PostemploymentMedicalDefinedBenefitPlansMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PostemploymentMedicalDefinedBenefitPlansMember" xlink:to="lab_ifrs-full_PostemploymentMedicalDefinedBenefitPlansMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForEarningsPerShareExplanatory_019b3310-019e-7eb7-9aa0-8d0bdc9d1d67_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForEarningsPerShareExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings per share</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForEarningsPerShareExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForEarningsPerShareExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for earnings per share [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForEarningsPerShareExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForEarningsPerShareExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForEarningsPerShareExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForEarningsPerShareExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExplanationOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory_019b3310-03bf-73ea-a4fb-16ec7f36b44d_terseLabel_en-US" xlink:label="lab_ifrs-full_ExplanationOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Sensitivity Analysis of Interest Rate Risks Management</link:label>
    <link:label id="lab_ifrs-full_ExplanationOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory_label_en-US" xlink:label="lab_ifrs-full_ExplanationOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Explanation of risk management strategy related to hedge accounting [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExplanationOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExplanationOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExplanationOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory" xlink:to="lab_ifrs-full_ExplanationOfRiskManagementStrategyRelatedToHedgeAccountingExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsExplanatory_019b3310-0320-7f74-a624-87e973ed585f_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Disclosure of Sensitivity Analysis of Market Risks Management</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of nature and extent of risks arising from financial instruments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_019b3310-03bf-730b-a4f1-b31a97946b29_terseLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated depreciation, amortisation and impairment</link:label>
    <link:label id="lab_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember_label_en-US" xlink:label="lab_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated depreciation, amortisation and impairment [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" xlink:to="lab_ifrs-full_AccumulatedDepreciationAmortisationAndImpairmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_InsuranceRecovery_019b3310-03bf-7812-9896-671ffed7ab3f_negatedTerseLabel_en-US" xlink:label="lab_fmx_InsuranceRecovery" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Insurance recovery</link:label>
    <link:label id="lab_fmx_InsuranceRecovery_label_en-US" xlink:label="lab_fmx_InsuranceRecovery" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Insurance Recovery</link:label>
    <link:label id="lab_fmx_InsuranceRecovery_documentation_en-US" xlink:label="lab_fmx_InsuranceRecovery" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Insurance Recovery</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_InsuranceRecovery" xlink:href="fmx-20251231.xsd#fmx_InsuranceRecovery"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_InsuranceRecovery" xlink:to="lab_fmx_InsuranceRecovery" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory_019b3310-03bf-7cc0-ac29-ac9c834137c9_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial assets</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for financial assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForFinancialAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityCurrentReportingStatus_019b3310-0320-768a-aacc-39421a1a0f62_terseLabel_en-US" xlink:label="lab_dei_EntityCurrentReportingStatus" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Current Reporting Status</link:label>
    <link:label id="lab_dei_EntityCurrentReportingStatus_label_en-US" xlink:label="lab_dei_EntityCurrentReportingStatus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Current Reporting Status</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCurrentReportingStatus" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCurrentReportingStatus"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCurrentReportingStatus" xlink:to="lab_dei_EntityCurrentReportingStatus" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PlanAssetsAtFairValue_019b3310-03bf-7d92-a8a6-dd2f53c49d91_periodStartLabel_en-US" xlink:label="lab_ifrs-full_PlanAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Initial balance</link:label>
    <link:label id="lab_ifrs-full_PlanAssetsAtFairValue_019b3310-03bf-7206-a3d8-74f60655981f_periodEndLabel_en-US" xlink:label="lab_ifrs-full_PlanAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:label id="lab_ifrs-full_PlanAssetsAtFairValue_label_en-US" xlink:label="lab_ifrs-full_PlanAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Plan assets, at fair value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PlanAssetsAtFairValue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PlanAssetsAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PlanAssetsAtFairValue" xlink:to="lab_ifrs-full_PlanAssetsAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CurrentSundryCreditors_019b3310-03bf-7a93-b2c6-c6f145371ac8_terseLabel_en-US" xlink:label="lab_fmx_CurrentSundryCreditors" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sundry creditors</link:label>
    <link:label id="lab_fmx_CurrentSundryCreditors_label_en-US" xlink:label="lab_fmx_CurrentSundryCreditors" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Sundry Creditors</link:label>
    <link:label id="lab_fmx_CurrentSundryCreditors_documentation_en-US" xlink:label="lab_fmx_CurrentSundryCreditors" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Current sundry creditors.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CurrentSundryCreditors" xlink:href="fmx-20251231.xsd#fmx_CurrentSundryCreditors"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CurrentSundryCreditors" xlink:to="lab_fmx_CurrentSundryCreditors" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NonCumulativePSararemiumMember_019b3310-03bf-7978-b66c-20f8a4e057dc_terseLabel_en-US" xlink:label="lab_fmx_NonCumulativePSararemiumMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non cumulative premium</link:label>
    <link:label id="lab_fmx_NonCumulativePSararemiumMember_label_en-US" xlink:label="lab_fmx_NonCumulativePSararemiumMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non Cumulative pSararemium [Member]</link:label>
    <link:label id="lab_fmx_NonCumulativePSararemiumMember_documentation_en-US" xlink:label="lab_fmx_NonCumulativePSararemiumMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non cumulative premium.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NonCumulativePSararemiumMember" xlink:href="fmx-20251231.xsd#fmx_NonCumulativePSararemiumMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NonCumulativePSararemiumMember" xlink:to="lab_fmx_NonCumulativePSararemiumMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDeferredTaxesExplanatory_019b3310-03bf-76b5-ada3-8907c7345d7d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDeferredTaxesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Deferred Tax Assets and Liabilities</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDeferredTaxesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDeferredTaxesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of deferred taxes [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDeferredTaxesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDeferredTaxesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDeferredTaxesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDeferredTaxesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseThroughOriginationOrPurchaseFinancialAssets_019b3310-0272-775b-9dcf-f1b9e4375384_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseThroughOriginationOrPurchaseFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Addition from business combinations</link:label>
    <link:label id="lab_ifrs-full_IncreaseThroughOriginationOrPurchaseFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_IncreaseThroughOriginationOrPurchaseFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase through origination or purchase, financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseThroughOriginationOrPurchaseFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseThroughOriginationOrPurchaseFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseThroughOriginationOrPurchaseFinancialAssets" xlink:to="lab_ifrs-full_IncreaseThroughOriginationOrPurchaseFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityTable_019b3310-031f-7d8b-91f7-3ca389af87da_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [table]</link:label>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityTable_label_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfChangesInEquityTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfChangesInEquityTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityTable" xlink:to="lab_ifrs-full_StatementOfChangesInEquityTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ActuarialAssumptionsAxis_019b3310-0272-7de3-b822-0a5bdf5200e3_terseLabel_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Actuarial assumptions [axis]</link:label>
    <link:label id="lab_ifrs-full_ActuarialAssumptionsAxis_label_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Actuarial assumptions [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ActuarialAssumptionsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionsAxis" xlink:to="lab_ifrs-full_ActuarialAssumptionsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsTable_019b3310-0447-7466-9e56-3352fe181cb0_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Other Assets And Other Financial Assets [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsTable_label_en-US" xlink:label="lab_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Other Assets And Other Financial Assets [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsTable_documentation_en-US" xlink:label="lab_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of other assets and other financial assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsTable" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsTable" xlink:to="lab_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TIIEPlusZeroPointZeroFivePercentageDebtBondsMaturingOn20262Member_019b3310-019e-7bf4-9142-0f53cc8c00f6_terseLabel_en-US" xlink:label="lab_fmx_TIIEPlusZeroPointZeroFivePercentageDebtBondsMaturingOn20262Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">TIIE Plus Zero Point Zero Five Percentage Debt Bonds Maturing On 2026, 2</link:label>
    <link:label id="lab_fmx_TIIEPlusZeroPointZeroFivePercentageDebtBondsMaturingOn20262Member_label_en-US" xlink:label="lab_fmx_TIIEPlusZeroPointZeroFivePercentageDebtBondsMaturingOn20262Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">TIIE Plus Zero Point Zero Five Percentage Debt Bonds Maturing On 2026, 2 [Member]</link:label>
    <link:label id="lab_fmx_TIIEPlusZeroPointZeroFivePercentageDebtBondsMaturingOn20262Member_documentation_en-US" xlink:label="lab_fmx_TIIEPlusZeroPointZeroFivePercentageDebtBondsMaturingOn20262Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">TIIE Plus Zero Point Zero Five Percentage Debt Bonds Maturing On 2026, 2</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TIIEPlusZeroPointZeroFivePercentageDebtBondsMaturingOn20262Member" xlink:href="fmx-20251231.xsd#fmx_TIIEPlusZeroPointZeroFivePercentageDebtBondsMaturingOn20262Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TIIEPlusZeroPointZeroFivePercentageDebtBondsMaturingOn20262Member" xlink:to="lab_fmx_TIIEPlusZeroPointZeroFivePercentageDebtBondsMaturingOn20262Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations_019b3310-0271-76a9-a023-ad6f0b6c4e3d_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash (used in) generated by investing activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations_019b3310-0271-774e-abef-94f50b137ea3_netLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Net cash flows used in investing activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) investing activities, continuing operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations" xlink:to="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesContinuingOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BUnitsMember_019b3310-031f-7825-8dbe-a27e08ae82a6_terseLabel_en-US" xlink:label="lab_fmx_BUnitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">&#8220;B&#8221;&#160;Units</link:label>
    <link:label id="lab_fmx_BUnitsMember_label_en-US" xlink:label="lab_fmx_BUnitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">B Units [Member]</link:label>
    <link:label id="lab_fmx_BUnitsMember_documentation_en-US" xlink:label="lab_fmx_BUnitsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">B Units</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BUnitsMember" xlink:href="fmx-20251231.xsd#fmx_BUnitsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BUnitsMember" xlink:to="lab_fmx_BUnitsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OrdinarySharesSeriesBMember_019b3310-031f-73d6-9bd8-2e85438e5398_terseLabel_en-US" xlink:label="lab_fmx_OrdinarySharesSeriesBMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series B</link:label>
    <link:label id="lab_fmx_OrdinarySharesSeriesBMember_label_en-US" xlink:label="lab_fmx_OrdinarySharesSeriesBMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ordinary Shares, Series B [Member]</link:label>
    <link:label id="lab_fmx_OrdinarySharesSeriesBMember_documentation_en-US" xlink:label="lab_fmx_OrdinarySharesSeriesBMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series B.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OrdinarySharesSeriesBMember" xlink:href="fmx-20251231.xsd#fmx_OrdinarySharesSeriesBMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OrdinarySharesSeriesBMember" xlink:to="lab_fmx_OrdinarySharesSeriesBMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CostOfSales_019b3310-03bf-77be-830e-c1d444af0386_terseLabel_en-US" xlink:label="lab_ifrs-full_CostOfSales" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost of goods sold</link:label>
    <link:label id="lab_ifrs-full_CostOfSales_019bd0dd-f888-7ab6-ad40-c4d3e194504f_verboseLabel_en-US" xlink:label="lab_ifrs-full_CostOfSales" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cost of goods sold</link:label>
    <link:label id="lab_ifrs-full_CostOfSales_label_en-US" xlink:label="lab_ifrs-full_CostOfSales" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost of sales</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CostOfSales" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CostOfSales"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CostOfSales" xlink:to="lab_ifrs-full_CostOfSales" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_InternalDevelopmentIntangibleAssetsAndGoodwill_019c9f7c-481e-7c96-a921-d80ffc7dbf5e_terseLabel_en-US" xlink:label="lab_fmx_InternalDevelopmentIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Internal development</link:label>
    <link:label id="lab_fmx_InternalDevelopmentIntangibleAssetsAndGoodwill_label_en-US" xlink:label="lab_fmx_InternalDevelopmentIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Internal Development, Intangible Assets And Goodwill</link:label>
    <link:label id="lab_fmx_InternalDevelopmentIntangibleAssetsAndGoodwill_documentation_en-US" xlink:label="lab_fmx_InternalDevelopmentIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Internal Development, Intangible Assets And Goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_InternalDevelopmentIntangibleAssetsAndGoodwill" xlink:href="fmx-20251231.xsd#fmx_InternalDevelopmentIntangibleAssetsAndGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_InternalDevelopmentIntangibleAssetsAndGoodwill" xlink:to="lab_fmx_InternalDevelopmentIntangibleAssetsAndGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CRCUSDMember_019b3310-019e-7d3a-a96f-19bd9208a28e_terseLabel_en-US" xlink:label="lab_fmx_CRCUSDMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CRC/USD</link:label>
    <link:label id="lab_fmx_CRCUSDMember_label_en-US" xlink:label="lab_fmx_CRCUSDMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CRC/USD [Member]</link:label>
    <link:label id="lab_fmx_CRCUSDMember_documentation_en-US" xlink:label="lab_fmx_CRCUSDMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information pertaining to currency exchanges between Costa Rican Colones and US Dollar.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CRCUSDMember" xlink:href="fmx-20251231.xsd#fmx_CRCUSDMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CRCUSDMember" xlink:to="lab_fmx_CRCUSDMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfAssetsDomain_019b3310-0320-7ecb-a042-ee0db368cc9e_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of assets</link:label>
    <link:label id="lab_ifrs-full_ClassesOfAssetsDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of assets [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfAssetsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfAssetsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfAssetsDomain" xlink:to="lab_ifrs-full_ClassesOfAssetsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CurrentFiscalYearEndDate_019b3310-0320-7d9a-8c8f-7c0bb6a357e5_terseLabel_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:label id="lab_dei_CurrentFiscalYearEndDate_label_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CurrentFiscalYearEndDate" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CurrentFiscalYearEndDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CurrentFiscalYearEndDate" xlink:to="lab_dei_CurrentFiscalYearEndDate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_019b3310-0272-7984-bfe8-7538db76675a_verboseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from disposal of property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from sales of property, plant and equipment, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfHedgesDomain_019b3310-03be-7dc4-8c59-31511a40b97a_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfHedgesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of hedges [domain]</link:label>
    <link:label id="lab_ifrs-full_TypesOfHedgesDomain_label_en-US" xlink:label="lab_ifrs-full_TypesOfHedgesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of hedges [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfHedgesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfHedgesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfHedgesDomain" xlink:to="lab_ifrs-full_TypesOfHedgesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashEquivalents_019b3310-03bf-7617-894d-fb30d2c92f7a_terseLabel_en-US" xlink:label="lab_ifrs-full_CashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash equivalents</link:label>
    <link:label id="lab_ifrs-full_CashEquivalents_label_en-US" xlink:label="lab_ifrs-full_CashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashEquivalents" xlink:to="lab_ifrs-full_CashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsPaidOrdinarySharesPerShare_019d911d-8c71-7214-aa04-0122085bb627_terseLabel_en-US" xlink:label="lab_ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ordinary cash dividend (in pesos per share)</link:label>
    <link:label id="lab_ifrs-full_DividendsPaidOrdinarySharesPerShare_label_en-US" xlink:label="lab_ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends paid, ordinary shares per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaidOrdinarySharesPerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:to="lab_ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed_019b3310-019e-7929-89e9-e11abc769f29_terseLabel_en-US" xlink:label="lab_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expense relating to leases of low-value assets for which recognition exemption has been used</link:label>
    <link:label id="lab_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed_label_en-US" xlink:label="lab_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense relating to leases of low-value assets for which recognition exemption has been used</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:to="lab_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture_019b3310-0320-7463-889d-6db6932a3153_terseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership percentage, joint venture</link:label>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture_label_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in joint venture</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProportionOfOwnershipInterestInJointVenture"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:to="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BottomOfRangeMember_019b3310-0320-7d33-bf81-1df328e9aaea_terseLabel_en-US" xlink:label="lab_ifrs-full_BottomOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bottom of range</link:label>
    <link:label id="lab_ifrs-full_BottomOfRangeMember_label_en-US" xlink:label="lab_ifrs-full_BottomOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bottom of range [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BottomOfRangeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BottomOfRangeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BottomOfRangeMember" xlink:to="lab_ifrs-full_BottomOfRangeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanFourMonthsMember_019b3310-0320-725c-9df5-d67d26cd83f1_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanFourMonthsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">120+&#160;days</link:label>
    <link:label id="lab_ifrs-full_LaterThanFourMonthsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanFourMonthsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than four months [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanFourMonthsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanFourMonthsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanFourMonthsMember" xlink:to="lab_ifrs-full_LaterThanFourMonthsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromAdministrativeCost_019b3310-0272-7675-887e-ff539499aa9f_terseLabel_en-US" xlink:label="lab_fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromAdministrativeCost" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Administration cost</link:label>
    <link:label id="lab_fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromAdministrativeCost_label_en-US" xlink:label="lab_fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromAdministrativeCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) In Net Defined Benefit Liability (Asset) Resulting from Administrative Cost</link:label>
    <link:label id="lab_fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromAdministrativeCost_documentation_en-US" xlink:label="lab_fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromAdministrativeCost" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) In Net Defined Benefit Liability (Asset) Resulting from Administrative Cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromAdministrativeCost" xlink:href="fmx-20251231.xsd#fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromAdministrativeCost"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromAdministrativeCost" xlink:to="lab_fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetResultingFromAdministrativeCost" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherNoncurrentNonfinancialLiability_019b3310-0320-7202-8335-17f2ead90595_terseLabel_en-US" xlink:label="lab_fmx_OtherNoncurrentNonfinancialLiability" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other non-current liabilities</link:label>
    <link:label id="lab_fmx_OtherNoncurrentNonfinancialLiability_019bd0b7-2ee3-73c4-81c7-14a2da73e679_verboseLabel_en-US" xlink:label="lab_fmx_OtherNoncurrentNonfinancialLiability" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:label id="lab_fmx_OtherNoncurrentNonfinancialLiability_label_en-US" xlink:label="lab_fmx_OtherNoncurrentNonfinancialLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Noncurrent Nonfinancial Liability</link:label>
    <link:label id="lab_fmx_OtherNoncurrentNonfinancialLiability_documentation_en-US" xlink:label="lab_fmx_OtherNoncurrentNonfinancialLiability" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Noncurrent Nonfinancial Liability</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherNoncurrentNonfinancialLiability" xlink:href="fmx-20251231.xsd#fmx_OtherNoncurrentNonfinancialLiability"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherNoncurrentNonfinancialLiability" xlink:to="lab_fmx_OtherNoncurrentNonfinancialLiability" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CategoriesOfRelatedPartiesAxis_019b3310-0320-7fb0-afc4-2abdc4e3387d_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of related parties [axis]</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfRelatedPartiesAxis_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of related parties [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:to="lab_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_019b3310-031f-7bb5-8eaf-483dd63a4e3a_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairment of long-lived assets</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for impairment of non-financial assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForImpairmentOfNonfinancialAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems_019b3310-03be-7c3d-9fbf-ea4e886a47b6_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_VehiclesServersAndEquipmentMember_019b3310-019e-7bb6-a14e-c0a8a0741991_terseLabel_en-US" xlink:label="lab_fmx_VehiclesServersAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vehicles, Servers and Equipment</link:label>
    <link:label id="lab_fmx_VehiclesServersAndEquipmentMember_label_en-US" xlink:label="lab_fmx_VehiclesServersAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Vehicles, Servers and Equipment [Member]</link:label>
    <link:label id="lab_fmx_VehiclesServersAndEquipmentMember_documentation_en-US" xlink:label="lab_fmx_VehiclesServersAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information pertaining to Vehicles, Servers and Equipment.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_VehiclesServersAndEquipmentMember" xlink:href="fmx-20251231.xsd#fmx_VehiclesServersAndEquipmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_VehiclesServersAndEquipmentMember" xlink:to="lab_fmx_VehiclesServersAndEquipmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_country_PA_019b3310-0272-7ba2-b8b4-cd4836345137_terseLabel_en-US" xlink:label="lab_country_PA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Panama</link:label>
    <link:label id="lab_country_PA_label_en-US" xlink:label="lab_country_PA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">PANAMA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_PA" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_PA"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_PA" xlink:to="lab_country_PA" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLoss_019b3310-031f-74bf-92fe-9dce9b63fe10_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CONSOLIDATED NET INCOME</link:label>
    <link:label id="lab_ifrs-full_ProfitLoss_019bcc36-c1ed-77b2-aeaf-d283a842a7af_netLabel_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Consolidated net income</link:label>
    <link:label id="lab_ifrs-full_ProfitLoss_019b3310-031f-7df6-9e6d-2f687e0f878b_verboseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net income of non-controlling interest</link:label>
    <link:label id="lab_ifrs-full_ProfitLoss_label_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLoss" xlink:to="lab_ifrs-full_ProfitLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SeniorNotes2.875Member_019b3310-031f-7a5b-9c64-b24598a695b9_terseLabel_en-US" xlink:label="lab_fmx_SeniorNotes2.875Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Notes 2.875%</link:label>
    <link:label id="lab_fmx_SeniorNotes2.875Member_label_en-US" xlink:label="lab_fmx_SeniorNotes2.875Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Notes 2.875% [Member]</link:label>
    <link:label id="lab_fmx_SeniorNotes2.875Member_documentation_en-US" xlink:label="lab_fmx_SeniorNotes2.875Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Notes 2.875%</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SeniorNotes2.875Member" xlink:href="fmx-20251231.xsd#fmx_SeniorNotes2.875Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SeniorNotes2.875Member" xlink:to="lab_fmx_SeniorNotes2.875Member" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TotalUnamortizedIntangibleAssetsMember_019b3310-031f-7425-81b4-5b2a3195e9d5_terseLabel_en-US" xlink:label="lab_fmx_TotalUnamortizedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Unamortized Intangible Assets</link:label>
    <link:label id="lab_fmx_TotalUnamortizedIntangibleAssetsMember_label_en-US" xlink:label="lab_fmx_TotalUnamortizedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Unamortized Intangible Assets [Member]</link:label>
    <link:label id="lab_fmx_TotalUnamortizedIntangibleAssetsMember_documentation_en-US" xlink:label="lab_fmx_TotalUnamortizedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total unamortized intangible assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TotalUnamortizedIntangibleAssetsMember" xlink:href="fmx-20251231.xsd#fmx_TotalUnamortizedIntangibleAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TotalUnamortizedIntangibleAssetsMember" xlink:to="lab_fmx_TotalUnamortizedIntangibleAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SeriesDSharesMember_019b3310-0271-7d8f-9ad5-0c7416cd9898_terseLabel_en-US" xlink:label="lab_fmx_SeriesDSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series D shares</link:label>
    <link:label id="lab_fmx_SeriesDSharesMember_019b3310-0271-7a5e-b680-31de8fed5b9e_verboseLabel_en-US" xlink:label="lab_fmx_SeriesDSharesMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Per Series D Shares</link:label>
    <link:label id="lab_fmx_SeriesDSharesMember_label_en-US" xlink:label="lab_fmx_SeriesDSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series D Shares [Member]</link:label>
    <link:label id="lab_fmx_SeriesDSharesMember_documentation_en-US" xlink:label="lab_fmx_SeriesDSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series D shares.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SeriesDSharesMember" xlink:href="fmx-20251231.xsd#fmx_SeriesDSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SeriesDSharesMember" xlink:to="lab_fmx_SeriesDSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_country_PE_019b3310-0272-7381-852b-27a1f6d74b62_terseLabel_en-US" xlink:label="lab_country_PE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Peru</link:label>
    <link:label id="lab_country_PE_label_en-US" xlink:label="lab_country_PE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">PERU</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_PE" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_PE"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_PE" xlink:to="lab_country_PE" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AggregateNotSignificantIndividualAssetsOrCashgeneratingUnitsMember_019b3310-0272-7d56-8f96-363616f9bc5a_terseLabel_en-US" xlink:label="lab_ifrs-full_AggregateNotSignificantIndividualAssetsOrCashgeneratingUnitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aggregate cash-generating units for which amount of goodwill or intangible assets with indefinite useful lives is not significant</link:label>
    <link:label id="lab_ifrs-full_AggregateNotSignificantIndividualAssetsOrCashgeneratingUnitsMember_label_en-US" xlink:label="lab_ifrs-full_AggregateNotSignificantIndividualAssetsOrCashgeneratingUnitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Aggregate cash-generating units for which amount of goodwill or intangible assets with indefinite useful lives is not significant [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AggregateNotSignificantIndividualAssetsOrCashgeneratingUnitsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AggregateNotSignificantIndividualAssetsOrCashgeneratingUnitsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AggregateNotSignificantIndividualAssetsOrCashgeneratingUnitsMember" xlink:to="lab_ifrs-full_AggregateNotSignificantIndividualAssetsOrCashgeneratingUnitsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssets_019b3310-03bf-7b85-92c3-483d734bd721_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts receivable</link:label>
    <link:label id="lab_ifrs-full_FinancialAssets_019b3310-03bf-7e70-ae7d-4df97aab40a7_periodStartLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssets" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance at the beginning of the period</link:label>
    <link:label id="lab_ifrs-full_FinancialAssets_019b3310-03bf-7a14-87fb-45667bb18145_periodEndLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssets" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance at the end of the period</link:label>
    <link:label id="lab_ifrs-full_FinancialAssets_label_en-US" xlink:label="lab_ifrs-full_FinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssets" xlink:to="lab_ifrs-full_FinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SolisticaMember_019bccaa-44ef-771d-bc54-a2e811003d61_terseLabel_en-US" xlink:label="lab_fmx_SolisticaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Solistica</link:label>
    <link:label id="lab_fmx_SolisticaMember_label_en-US" xlink:label="lab_fmx_SolisticaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Solistica [Member]</link:label>
    <link:label id="lab_fmx_SolisticaMember_documentation_en-US" xlink:label="lab_fmx_SolisticaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Solistica</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SolisticaMember" xlink:href="fmx-20251231.xsd#fmx_SolisticaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SolisticaMember" xlink:to="lab_fmx_SolisticaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_country_PH_019b3310-031f-76a5-b415-cc6d9eb8275e_terseLabel_en-US" xlink:label="lab_country_PH" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">PHILIPPINES</link:label>
    <link:label id="lab_country_PH_label_en-US" xlink:label="lab_country_PH" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">PHILIPPINES</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_PH" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_PH"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_PH" xlink:to="lab_country_PH" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentLiabilities_019b3310-0271-75cb-92f3-185583c1b02e_totalLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total non-current liabilities</link:label>
    <link:label id="lab_ifrs-full_NoncurrentLiabilities_019b3310-0271-7c5b-88b5-1c19f4e4f4bc_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total non-current liabilities</link:label>
    <link:label id="lab_ifrs-full_NoncurrentLiabilities_label_en-US" xlink:label="lab_ifrs-full_NoncurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentLiabilities" xlink:to="lab_ifrs-full_NoncurrentLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClosingForeignExchangeRate_019b3310-03be-71cc-a454-c84a33e7a467_verboseLabel_en-US" xlink:label="lab_ifrs-full_ClosingForeignExchangeRate" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Conversion rate of Mexican pesos to U.S. dollars</link:label>
    <link:label id="lab_ifrs-full_ClosingForeignExchangeRate_019b3310-03be-726c-813c-507adbaba094_terseLabel_en-US" xlink:label="lab_ifrs-full_ClosingForeignExchangeRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange&#160;Rate&#160;as&#160;of</link:label>
    <link:label id="lab_ifrs-full_ClosingForeignExchangeRate_019b3310-03be-7328-b2bb-4372e3a24092_netLabel_en-US" xlink:label="lab_ifrs-full_ClosingForeignExchangeRate" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Exchange rate</link:label>
    <link:label id="lab_ifrs-full_ClosingForeignExchangeRate_label_en-US" xlink:label="lab_ifrs-full_ClosingForeignExchangeRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Closing foreign exchange rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClosingForeignExchangeRate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClosingForeignExchangeRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClosingForeignExchangeRate" xlink:to="lab_ifrs-full_ClosingForeignExchangeRate" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IfrsStatementTable_019b3310-03bf-73f0-baad-7c3cdb177cb3_terseLabel_en-US" xlink:label="lab_fmx_IfrsStatementTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement [Table]</link:label>
    <link:label id="lab_fmx_IfrsStatementTable_label_en-US" xlink:label="lab_fmx_IfrsStatementTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement [Table]</link:label>
    <link:label id="lab_fmx_IfrsStatementTable_documentation_en-US" xlink:label="lab_fmx_IfrsStatementTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule reflecting a Statement of Income, Statement of Cash Flows, Statement of Financial Position, Statement of Shareholders' Equity and Other Comprehensive Income, or other statement as needed.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IfrsStatementTable" xlink:href="fmx-20251231.xsd#fmx_IfrsStatementTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IfrsStatementTable" xlink:to="lab_fmx_IfrsStatementTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentAssetsRecognisedAsOfAcquisitionDate_019b3310-03bf-7976-bf8e-c8f2d9ba580c_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentAssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other intangible assets</link:label>
    <link:label id="lab_ifrs-full_NoncurrentAssetsRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_NoncurrentAssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current assets recognised as of acquisition date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentAssetsRecognisedAsOfAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentAssetsRecognisedAsOfAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentAssetsRecognisedAsOfAcquisitionDate" xlink:to="lab_ifrs-full_NoncurrentAssetsRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentRegistrationStatement_019b3310-0271-7bca-ba3a-dd65a791a905_terseLabel_en-US" xlink:label="lab_dei_DocumentRegistrationStatement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Registration Statement</link:label>
    <link:label id="lab_dei_DocumentRegistrationStatement_label_en-US" xlink:label="lab_dei_DocumentRegistrationStatement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Registration Statement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentRegistrationStatement" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentRegistrationStatement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentRegistrationStatement" xlink:to="lab_dei_DocumentRegistrationStatement" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfSharesIssued_019b3310-031f-7e49-ac03-b73c24a30bca_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital stock issued (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfSharesIssued_019b3310-031f-737a-a256-878f3fd37b6a_verboseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesIssued" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Units (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfSharesIssued_label_en-US" xlink:label="lab_ifrs-full_NumberOfSharesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of shares issued</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfSharesIssued" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfSharesIssued"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfSharesIssued" xlink:to="lab_ifrs-full_NumberOfSharesIssued" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NumberOfSeriesBSharesIssued_019b3310-03bf-7d54-abbd-e1eb9aa05e2c_terseLabel_en-US" xlink:label="lab_fmx_NumberOfSeriesBSharesIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series "B" (in shares)</link:label>
    <link:label id="lab_fmx_NumberOfSeriesBSharesIssued_label_en-US" xlink:label="lab_fmx_NumberOfSeriesBSharesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Series B Shares Issued</link:label>
    <link:label id="lab_fmx_NumberOfSeriesBSharesIssued_documentation_en-US" xlink:label="lab_fmx_NumberOfSeriesBSharesIssued" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of series B shares issued.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NumberOfSeriesBSharesIssued" xlink:href="fmx-20251231.xsd#fmx_NumberOfSeriesBSharesIssued"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NumberOfSeriesBSharesIssued" xlink:to="lab_fmx_NumberOfSeriesBSharesIssued" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfReconciliationOfChangesInProvisionsExplanatoryTableTextBlock_019b3310-0271-76ef-b798-224a8392762f_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfReconciliationOfChangesInProvisionsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Changes in Provisions</link:label>
    <link:label id="lab_fmx_DisclosureOfReconciliationOfChangesInProvisionsExplanatoryTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfReconciliationOfChangesInProvisionsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Reconciliation Of Changes In Provisions Explanatory [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfReconciliationOfChangesInProvisionsExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfReconciliationOfChangesInProvisionsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of reconciliation between provisions at the beginning of the period and provisions at the end of the period.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfReconciliationOfChangesInProvisionsExplanatoryTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfReconciliationOfChangesInProvisionsExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfReconciliationOfChangesInProvisionsExplanatoryTableTextBlock" xlink:to="lab_fmx_DisclosureOfReconciliationOfChangesInProvisionsExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BondsIssuedUndiscountedCashFlows_019b3310-0272-7014-a755-de81a68c3830_terseLabel_en-US" xlink:label="lab_ifrs-full_BondsIssuedUndiscountedCashFlows" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes&#160;and bonds</link:label>
    <link:label id="lab_ifrs-full_BondsIssuedUndiscountedCashFlows_label_en-US" xlink:label="lab_ifrs-full_BondsIssuedUndiscountedCashFlows" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bonds issued, undiscounted cash flows</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BondsIssuedUndiscountedCashFlows" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BondsIssuedUndiscountedCashFlows"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BondsIssuedUndiscountedCashFlows" xlink:to="lab_ifrs-full_BondsIssuedUndiscountedCashFlows" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory_019b3310-0271-7f52-a1f7-3e922a2b8032_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Information by Segment</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of entity's operating segments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DepreciationRightofuseAssets_019b3310-03bf-7c7b-b64d-f083617b8cc5_negatedLabel_en-US" xlink:label="lab_ifrs-full_DepreciationRightofuseAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Depreciation</link:label>
    <link:label id="lab_ifrs-full_DepreciationRightofuseAssets_label_en-US" xlink:label="lab_ifrs-full_DepreciationRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, right-of-use assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DepreciationRightofuseAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DepreciationRightofuseAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DepreciationRightofuseAssets" xlink:to="lab_ifrs-full_DepreciationRightofuseAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BiologicalAssetsByTypeAxis_019b3310-03bf-7f3a-86c2-cf5c6be8e00a_terseLabel_en-US" xlink:label="lab_ifrs-full_BiologicalAssetsByTypeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Biological assets by type [axis]</link:label>
    <link:label id="lab_ifrs-full_BiologicalAssetsByTypeAxis_label_en-US" xlink:label="lab_ifrs-full_BiologicalAssetsByTypeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Biological assets by type [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BiologicalAssetsByTypeAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BiologicalAssetsByTypeAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BiologicalAssetsByTypeAxis" xlink:to="lab_ifrs-full_BiologicalAssetsByTypeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsDomain_019b3310-0271-7332-b9f5-ee3aea970dbd_terseLabel_en-US" xlink:label="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Temporary difference, unused tax losses and unused tax credits [domain]</link:label>
    <link:label id="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsDomain_label_en-US" xlink:label="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Temporary difference, unused tax losses and unused tax credits [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsDomain" xlink:to="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BorrowingsPremiumRate_019b3310-0320-7cc1-876f-48d4dd748c21_terseLabel_en-US" xlink:label="lab_fmx_BorrowingsPremiumRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Premium (as a percent)</link:label>
    <link:label id="lab_fmx_BorrowingsPremiumRate_label_en-US" xlink:label="lab_fmx_BorrowingsPremiumRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings, Premium Rate</link:label>
    <link:label id="lab_fmx_BorrowingsPremiumRate_documentation_en-US" xlink:label="lab_fmx_BorrowingsPremiumRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Borrowings, Premium Rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BorrowingsPremiumRate" xlink:href="fmx-20251231.xsd#fmx_BorrowingsPremiumRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BorrowingsPremiumRate" xlink:to="lab_fmx_BorrowingsPremiumRate" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset_019b3310-0272-7430-97d4-45ed5b00e2f3_negatedTerseLabel_en-US" xlink:label="lab_fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">(Gain) or Loss on Settlement or Curtailment</link:label>
    <link:label id="lab_fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset_label_en-US" xlink:label="lab_fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (Losses) Arising From Settlements Or Curtailments Net Defined Benefit Liability Asset</link:label>
    <link:label id="lab_fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset_documentation_en-US" xlink:label="lab_fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gains (losses) arising from settlements or curtailments net defined benefit liability asset.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset" xlink:href="fmx-20251231.xsd#fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset" xlink:to="lab_fmx_GainsLossesArisingFromSettlementsOrCurtailmentsNetDefinedBenefitLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember_019cff6d-ecd6-7329-bc47-aa8166e67324_terseLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated depreciation</link:label>
    <link:label id="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember_label_en-US" xlink:label="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated depreciation and amortisation [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccumulatedDepreciationAndAmortisationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:to="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RetainedEarningsMember_019b3310-031f-7cf2-8b85-b9e686ac588a_terseLabel_en-US" xlink:label="lab_ifrs-full_RetainedEarningsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained earnings</link:label>
    <link:label id="lab_ifrs-full_RetainedEarningsMember_label_en-US" xlink:label="lab_ifrs-full_RetainedEarningsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained earnings [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RetainedEarningsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RetainedEarningsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RetainedEarningsMember" xlink:to="lab_ifrs-full_RetainedEarningsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToTaxRateChangesOrImpositionOfNewTaxes_019b3310-0272-7d3e-b98c-9fcab4898e4e_terseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToTaxRateChangesOrImpositionOfNewTaxes" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in the statutory rate</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToTaxRateChangesOrImpositionOfNewTaxes_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToTaxRateChangesOrImpositionOfNewTaxes" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred tax expense (income) relating to tax rate changes or imposition of new taxes</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxExpenseIncomeRelatingToTaxRateChangesOrImpositionOfNewTaxes" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxExpenseIncomeRelatingToTaxRateChangesOrImpositionOfNewTaxes"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxExpenseIncomeRelatingToTaxRateChangesOrImpositionOfNewTaxes" xlink:to="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToTaxRateChangesOrImpositionOfNewTaxes" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LaterThanEightYearsMember_019b3310-019e-71da-ac76-e07b097b42ee_terseLabel_en-US" xlink:label="lab_fmx_LaterThanEightYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2032</link:label>
    <link:label id="lab_fmx_LaterThanEightYearsMember_label_en-US" xlink:label="lab_fmx_LaterThanEightYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than eight years [Member]</link:label>
    <link:label id="lab_fmx_LaterThanEightYearsMember_documentation_en-US" xlink:label="lab_fmx_LaterThanEightYearsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information pertaining to a time band of later than six years and not later than seven years.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LaterThanEightYearsMember" xlink:href="fmx-20251231.xsd#fmx_LaterThanEightYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LaterThanEightYearsMember" xlink:to="lab_fmx_LaterThanEightYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_019b3310-03bf-7f4c-8d29-a16e7932e635_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2027</link:label>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than one year and not later than two years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:to="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SeniorNotesMaturing2028Member_019b3310-019e-7e80-aac6-523e3195d793_terseLabel_en-US" xlink:label="lab_fmx_SeniorNotesMaturing2028Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Notes Maturing 2028</link:label>
    <link:label id="lab_fmx_SeniorNotesMaturing2028Member_label_en-US" xlink:label="lab_fmx_SeniorNotesMaturing2028Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Notes Maturing 2028 [Member]</link:label>
    <link:label id="lab_fmx_SeniorNotesMaturing2028Member_documentation_en-US" xlink:label="lab_fmx_SeniorNotesMaturing2028Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Notes Maturing 2028</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SeniorNotesMaturing2028Member" xlink:href="fmx-20251231.xsd#fmx_SeniorNotesMaturing2028Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SeniorNotesMaturing2028Member" xlink:to="lab_fmx_SeniorNotesMaturing2028Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InvestmentIncome_019b3310-0272-7bac-b493-cfbe7c173439_terseLabel_en-US" xlink:label="lab_ifrs-full_InvestmentIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest on investments</link:label>
    <link:label id="lab_ifrs-full_InvestmentIncome_label_en-US" xlink:label="lab_ifrs-full_InvestmentIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InvestmentIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InvestmentIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InvestmentIncome" xlink:to="lab_ifrs-full_InvestmentIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PresentValueOfDefinedBenefitObligationMember_019b3310-03bf-78c7-8be6-3fa65776033b_terseLabel_en-US" xlink:label="lab_ifrs-full_PresentValueOfDefinedBenefitObligationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Defined benefit obligation</link:label>
    <link:label id="lab_ifrs-full_PresentValueOfDefinedBenefitObligationMember_label_en-US" xlink:label="lab_ifrs-full_PresentValueOfDefinedBenefitObligationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Present value of defined benefit obligation [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PresentValueOfDefinedBenefitObligationMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PresentValueOfDefinedBenefitObligationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PresentValueOfDefinedBenefitObligationMember" xlink:to="lab_ifrs-full_PresentValueOfDefinedBenefitObligationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfFixedAssetsWithEstimatedUsefulLifeTextBlock_019b3310-0272-745f-befc-ead09b73494b_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfFixedAssetsWithEstimatedUsefulLifeTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Disclosure of Estimated Useful Lives of Company's Assets</link:label>
    <link:label id="lab_fmx_DisclosureOfFixedAssetsWithEstimatedUsefulLifeTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfFixedAssetsWithEstimatedUsefulLifeTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Fixed Assets With Estimated Useful Life [Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfFixedAssetsWithEstimatedUsefulLifeTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfFixedAssetsWithEstimatedUsefulLifeTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of fixed assets with estimated useful life.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfFixedAssetsWithEstimatedUsefulLifeTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfFixedAssetsWithEstimatedUsefulLifeTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfFixedAssetsWithEstimatedUsefulLifeTextBlock" xlink:to="lab_fmx_DisclosureOfFixedAssetsWithEstimatedUsefulLifeTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory_019b3310-0320-7235-9076-e90fcd3f0e22_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Leases</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for leases [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForLeasesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ExpectedAnnualLongtermInflationPercentage_019b3310-031f-7215-afc0-51551a56bd5e_terseLabel_en-US" xlink:label="lab_fmx_ExpectedAnnualLongtermInflationPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected&#160;Annual&#160;Long-Term&#160;Inflation</link:label>
    <link:label id="lab_fmx_ExpectedAnnualLongtermInflationPercentage_label_en-US" xlink:label="lab_fmx_ExpectedAnnualLongtermInflationPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expected Annual Long-Term Inflation Percentage</link:label>
    <link:label id="lab_fmx_ExpectedAnnualLongtermInflationPercentage_documentation_en-US" xlink:label="lab_fmx_ExpectedAnnualLongtermInflationPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Expected annual long-term inflation percentage.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ExpectedAnnualLongtermInflationPercentage" xlink:href="fmx-20251231.xsd#fmx_ExpectedAnnualLongtermInflationPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ExpectedAnnualLongtermInflationPercentage" xlink:to="lab_fmx_ExpectedAnnualLongtermInflationPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentInventoriesInTransit_019b3310-03be-7cab-866f-02729aa0c6b5_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentInventoriesInTransit" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventories in transit</link:label>
    <link:label id="lab_ifrs-full_CurrentInventoriesInTransit_label_en-US" xlink:label="lab_ifrs-full_CurrentInventoriesInTransit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current inventories in transit</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentInventoriesInTransit" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentInventoriesInTransit"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentInventoriesInTransit" xlink:to="lab_ifrs-full_CurrentInventoriesInTransit" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DepreciationAndAmortisationExpense_019b3310-0272-754d-a5c4-ad743b50080a_terseLabel_en-US" xlink:label="lab_ifrs-full_DepreciationAndAmortisationExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization</link:label>
    <link:label id="lab_ifrs-full_DepreciationAndAmortisationExpense_label_en-US" xlink:label="lab_ifrs-full_DepreciationAndAmortisationExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation and amortisation expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DepreciationAndAmortisationExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DepreciationAndAmortisationExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DepreciationAndAmortisationExpense" xlink:to="lab_ifrs-full_DepreciationAndAmortisationExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_BusinessContactMember_019b3310-019e-7bd4-8d08-4262294696d0_terseLabel_en-US" xlink:label="lab_dei_BusinessContactMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Contact</link:label>
    <link:label id="lab_dei_BusinessContactMember_label_en-US" xlink:label="lab_dei_BusinessContactMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Contact [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_BusinessContactMember" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_BusinessContactMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_BusinessContactMember" xlink:to="lab_dei_BusinessContactMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherPayablesToRelatedPartyTransaction_019b3310-019e-77a7-b15d-a68431994751_terseLabel_en-US" xlink:label="lab_fmx_OtherPayablesToRelatedPartyTransaction" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other payables</link:label>
    <link:label id="lab_fmx_OtherPayablesToRelatedPartyTransaction_label_en-US" xlink:label="lab_fmx_OtherPayablesToRelatedPartyTransaction" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Payables To Related Party Transaction</link:label>
    <link:label id="lab_fmx_OtherPayablesToRelatedPartyTransaction_documentation_en-US" xlink:label="lab_fmx_OtherPayablesToRelatedPartyTransaction" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other payables to related party transaction.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherPayablesToRelatedPartyTransaction" xlink:href="fmx-20251231.xsd#fmx_OtherPayablesToRelatedPartyTransaction"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherPayablesToRelatedPartyTransaction" xlink:to="lab_fmx_OtherPayablesToRelatedPartyTransaction" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TaxRateEffectOfForeignTaxRates_019b3310-03be-7297-88e8-a2ca8687d390_terseLabel_en-US" xlink:label="lab_ifrs-full_TaxRateEffectOfForeignTaxRates" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income tax at a rate other than Mexican statutory rates</link:label>
    <link:label id="lab_ifrs-full_TaxRateEffectOfForeignTaxRates_label_en-US" xlink:label="lab_ifrs-full_TaxRateEffectOfForeignTaxRates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax rate effect of foreign tax rates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TaxRateEffectOfForeignTaxRates" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TaxRateEffectOfForeignTaxRates"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TaxRateEffectOfForeignTaxRates" xlink:to="lab_ifrs-full_TaxRateEffectOfForeignTaxRates" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AlcoholLicensesMember_019b3310-0271-7bc2-9ba7-043f3fda32c5_terseLabel_en-US" xlink:label="lab_fmx_AlcoholLicensesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Alcohol Licenses</link:label>
    <link:label id="lab_fmx_AlcoholLicensesMember_label_en-US" xlink:label="lab_fmx_AlcoholLicensesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Alcohol Licenses [Member]</link:label>
    <link:label id="lab_fmx_AlcoholLicensesMember_documentation_en-US" xlink:label="lab_fmx_AlcoholLicensesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Alcohol licenses.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AlcoholLicensesMember" xlink:href="fmx-20251231.xsd#fmx_AlcoholLicensesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AlcoholLicensesMember" xlink:to="lab_fmx_AlcoholLicensesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LiabilitiesAbstract_019b3310-03be-7f2a-815e-1dc303cbe5cc_terseLabel_en-US" xlink:label="lab_ifrs-full_LiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CURRENT LIABILITIES</link:label>
    <link:label id="lab_ifrs-full_LiabilitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_LiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LiabilitiesAbstract" xlink:to="lab_ifrs-full_LiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BondsIssued_019d29c0-190c-728d-8586-e0a1e4b6897b_terseLabel_en-US" xlink:label="lab_ifrs-full_BondsIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bonds issued</link:label>
    <link:label id="lab_ifrs-full_BondsIssued_label_en-US" xlink:label="lab_ifrs-full_BondsIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bonds issued</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BondsIssued" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BondsIssued"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BondsIssued" xlink:to="lab_ifrs-full_BondsIssued" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TIIEPlusZeroPointZeroEightPercentageDebtBondsMaturingOn2025Member_019cadec-b43c-7241-98b7-e863446a1079_terseLabel_en-US" xlink:label="lab_fmx_TIIEPlusZeroPointZeroEightPercentageDebtBondsMaturingOn2025Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">TIIE Plus Zero Point Zero Eight Percentage Debt Bonds Maturing On 2025</link:label>
    <link:label id="lab_fmx_TIIEPlusZeroPointZeroEightPercentageDebtBondsMaturingOn2025Member_label_en-US" xlink:label="lab_fmx_TIIEPlusZeroPointZeroEightPercentageDebtBondsMaturingOn2025Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">TIIE Plus Zero Point Zero Eight Percentage Debt Bonds Maturing On 2025 [Member]</link:label>
    <link:label id="lab_fmx_TIIEPlusZeroPointZeroEightPercentageDebtBondsMaturingOn2025Member_documentation_en-US" xlink:label="lab_fmx_TIIEPlusZeroPointZeroEightPercentageDebtBondsMaturingOn2025Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">TIIE Plus Zero Point Zero Eight Percentage Debt Bonds Maturing On 2025</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TIIEPlusZeroPointZeroEightPercentageDebtBondsMaturingOn2025Member" xlink:href="fmx-20251231.xsd#fmx_TIIEPlusZeroPointZeroEightPercentageDebtBondsMaturingOn2025Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TIIEPlusZeroPointZeroEightPercentageDebtBondsMaturingOn2025Member" xlink:to="lab_fmx_TIIEPlusZeroPointZeroEightPercentageDebtBondsMaturingOn2025Member" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OperatingLeaseTerm_019b3310-0320-7424-9006-4f9abfc464d1_terseLabel_en-US" xlink:label="lab_fmx_OperatingLeaseTerm" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating lease term</link:label>
    <link:label id="lab_fmx_OperatingLeaseTerm_label_en-US" xlink:label="lab_fmx_OperatingLeaseTerm" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Lease Term</link:label>
    <link:label id="lab_fmx_OperatingLeaseTerm_documentation_en-US" xlink:label="lab_fmx_OperatingLeaseTerm" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Operating lease term.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OperatingLeaseTerm" xlink:href="fmx-20251231.xsd#fmx_OperatingLeaseTerm"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OperatingLeaseTerm" xlink:to="lab_fmx_OperatingLeaseTerm" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueMember_019b3310-03bf-75a9-8ced-e0eefae14c66_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value in equity financial instrument</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValueMember_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets at fair value, class [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtFairValueMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtFairValueMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtFairValueMember" xlink:to="lab_ifrs-full_FinancialAssetsAtFairValueMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfExchangeRatesExplanatoryTableTextBlock_019b3310-03bf-79d3-ae23-9dec0febf6fb_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfExchangeRatesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Exchange Rates</link:label>
    <link:label id="lab_fmx_DisclosureOfExchangeRatesExplanatoryTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfExchangeRatesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Exchange Rates Explanatory [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfExchangeRatesExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfExchangeRatesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of exchange rates.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfExchangeRatesExplanatoryTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfExchangeRatesExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfExchangeRatesExplanatoryTableTextBlock" xlink:to="lab_fmx_DisclosureOfExchangeRatesExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PercentageOfOutstandingConsolidatedIndebtednessInSubHoldingCompanies_019b3310-03bf-76e7-a9ff-ee6c26b1700f_terseLabel_en-US" xlink:label="lab_fmx_PercentageOfOutstandingConsolidatedIndebtednessInSubHoldingCompanies" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of outstanding consolidated total indebtedness at the level of its sub-holding companies</link:label>
    <link:label id="lab_fmx_PercentageOfOutstandingConsolidatedIndebtednessInSubHoldingCompanies_label_en-US" xlink:label="lab_fmx_PercentageOfOutstandingConsolidatedIndebtednessInSubHoldingCompanies" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Outstanding Consolidated Indebtedness In Sub Holding Companies</link:label>
    <link:label id="lab_fmx_PercentageOfOutstandingConsolidatedIndebtednessInSubHoldingCompanies_documentation_en-US" xlink:label="lab_fmx_PercentageOfOutstandingConsolidatedIndebtednessInSubHoldingCompanies" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of outstanding consolidated indebtedness in sub holding companies.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PercentageOfOutstandingConsolidatedIndebtednessInSubHoldingCompanies" xlink:href="fmx-20251231.xsd#fmx_PercentageOfOutstandingConsolidatedIndebtednessInSubHoldingCompanies"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PercentageOfOutstandingConsolidatedIndebtednessInSubHoldingCompanies" xlink:to="lab_fmx_PercentageOfOutstandingConsolidatedIndebtednessInSubHoldingCompanies" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CarryingAmountMember_019b3310-03bf-79ad-9ff8-7461fc70cbad_terseLabel_en-US" xlink:label="lab_ifrs-full_CarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying amount</link:label>
    <link:label id="lab_ifrs-full_CarryingAmountMember_label_en-US" xlink:label="lab_ifrs-full_CarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Carrying amount [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CarryingAmountMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CarryingAmountMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CarryingAmountMember" xlink:to="lab_ifrs-full_CarryingAmountMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AcquisitionCost_019b3310-03bf-7963-a3dd-dd93c9d26afb_terseLabel_en-US" xlink:label="lab_fmx_AcquisitionCost" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisition cost</link:label>
    <link:label id="lab_fmx_AcquisitionCost_label_en-US" xlink:label="lab_fmx_AcquisitionCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisition Cost</link:label>
    <link:label id="lab_fmx_AcquisitionCost_documentation_en-US" xlink:label="lab_fmx_AcquisitionCost" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Acquisition Cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AcquisitionCost" xlink:href="fmx-20251231.xsd#fmx_AcquisitionCost"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AcquisitionCost" xlink:to="lab_fmx_AcquisitionCost" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDividendsExplanatory_019b3310-0320-796a-8c0d-3ab5f57b6c8e_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDividendsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Dividends Declared and Paid</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDividendsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDividendsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of dividends [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDividendsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDividendsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDividendsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDividendsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ProvisionsForContingencies_019b3310-031f-7518-a1c1-b8ea77c2ae0e_terseLabel_en-US" xlink:label="lab_fmx_ProvisionsForContingencies" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provisions for contingencies, net</link:label>
    <link:label id="lab_fmx_ProvisionsForContingencies_label_en-US" xlink:label="lab_fmx_ProvisionsForContingencies" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provisions For Contingencies</link:label>
    <link:label id="lab_fmx_ProvisionsForContingencies_documentation_en-US" xlink:label="lab_fmx_ProvisionsForContingencies" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Provisions for contingencies.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ProvisionsForContingencies" xlink:href="fmx-20251231.xsd#fmx_ProvisionsForContingencies"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ProvisionsForContingencies" xlink:to="lab_fmx_ProvisionsForContingencies" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentDerivativeFinancialAssets_019b3310-03be-7090-961f-1a277cf3a809_verboseLabel_en-US" xlink:label="lab_ifrs-full_CurrentDerivativeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Derivative financial instruments (see Note 21)</link:label>
    <link:label id="lab_ifrs-full_CurrentDerivativeFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_CurrentDerivativeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current derivative financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentDerivativeFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentDerivativeFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentDerivativeFinancialAssets" xlink:to="lab_ifrs-full_CurrentDerivativeFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LaterThanEightYearsAndNotLaterThanNineYearsMember_019b3310-0320-74c5-a933-e8b919266272_terseLabel_en-US" xlink:label="lab_fmx_LaterThanEightYearsAndNotLaterThanNineYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2034</link:label>
    <link:label id="lab_fmx_LaterThanEightYearsAndNotLaterThanNineYearsMember_label_en-US" xlink:label="lab_fmx_LaterThanEightYearsAndNotLaterThanNineYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than eight years and not later than nine years [Member]</link:label>
    <link:label id="lab_fmx_LaterThanEightYearsAndNotLaterThanNineYearsMember_documentation_en-US" xlink:label="lab_fmx_LaterThanEightYearsAndNotLaterThanNineYearsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Later than eight years and not later than nine years</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LaterThanEightYearsAndNotLaterThanNineYearsMember" xlink:href="fmx-20251231.xsd#fmx_LaterThanEightYearsAndNotLaterThanNineYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LaterThanEightYearsAndNotLaterThanNineYearsMember" xlink:to="lab_fmx_LaterThanEightYearsAndNotLaterThanNineYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IndustriaEnvasadoraDeQuertaroDeIeqsaMember_019b3310-0320-7080-a216-f5d703217800_terseLabel_en-US" xlink:label="lab_fmx_IndustriaEnvasadoraDeQuertaroDeIeqsaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Industria Envasadora de Quertaro, S.A. de C.V. (IEQSA)</link:label>
    <link:label id="lab_fmx_IndustriaEnvasadoraDeQuertaroDeIeqsaMember_label_en-US" xlink:label="lab_fmx_IndustriaEnvasadoraDeQuertaroDeIeqsaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Industria Envasadora de Quertaro, S.A. de C.V. (IEQSA)</link:label>
    <link:label id="lab_fmx_IndustriaEnvasadoraDeQuertaroDeIeqsaMember_documentation_en-US" xlink:label="lab_fmx_IndustriaEnvasadoraDeQuertaroDeIeqsaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Industria Envasadora de Quertaro, S.A. de C.V. (IEQSA).</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IndustriaEnvasadoraDeQuertaroDeIeqsaMember" xlink:href="fmx-20251231.xsd#fmx_IndustriaEnvasadoraDeQuertaroDeIeqsaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IndustriaEnvasadoraDeQuertaroDeIeqsaMember" xlink:to="lab_fmx_IndustriaEnvasadoraDeQuertaroDeIeqsaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations_019b3310-0271-75fc-8674-73c231822683_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash used in financing activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations_019b3310-0271-73c5-a10e-0b391e9541e1_netLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Net cash flows used in financing activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) financing activities, continuing operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations" xlink:to="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesContinuingOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_country_NI_019b3310-03bf-79d0-a0ca-b44a095f191a_terseLabel_en-US" xlink:label="lab_country_NI" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Nicaragua</link:label>
    <link:label id="lab_country_NI_label_en-US" xlink:label="lab_country_NI" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">NICARAGUA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_NI" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_NI"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_NI" xlink:to="lab_country_NI" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ImberaMember_019b3310-03bf-78de-b197-befb63dba6f7_terseLabel_en-US" xlink:label="lab_fmx_ImberaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Imbera</link:label>
    <link:label id="lab_fmx_ImberaMember_label_en-US" xlink:label="lab_fmx_ImberaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Imbera [Member]</link:label>
    <link:label id="lab_fmx_ImberaMember_documentation_en-US" xlink:label="lab_fmx_ImberaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Imbera</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ImberaMember" xlink:href="fmx-20251231.xsd#fmx_ImberaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ImberaMember" xlink:to="lab_fmx_ImberaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits_019b3310-03bf-78ba-ac2f-e15601441725_terseLabel_en-US" xlink:label="lab_ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-term employee benefits paid</link:label>
    <link:label id="lab_ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits_label_en-US" xlink:label="lab_ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Key management personnel compensation, short-term employee benefits</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:to="lab_ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:type="arc" order="1"/>
    <link:label id="lab_country_NL_019b3310-03bf-7603-8a92-c5481c47b79b_terseLabel_en-US" xlink:label="lab_country_NL" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Netherlands</link:label>
    <link:label id="lab_country_NL_label_en-US" xlink:label="lab_country_NL" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">NETHERLANDS</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_NL" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_NL"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_NL" xlink:to="lab_country_NL" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_SecurityExchangeName_019b3310-03bf-7a61-b551-e1cfedd55ffe_terseLabel_en-US" xlink:label="lab_dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Security Exchange Name</link:label>
    <link:label id="lab_dei_SecurityExchangeName_label_en-US" xlink:label="lab_dei_SecurityExchangeName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Security Exchange Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_SecurityExchangeName" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_SecurityExchangeName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_SecurityExchangeName" xlink:to="lab_dei_SecurityExchangeName" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans_019b3310-03be-7cad-84e8-57d7d0b81a4f_verboseLabel_en-US" xlink:label="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Defined benefit obligation (plan funds)</link:label>
    <link:label id="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans_019b3310-03be-7fca-ba58-d6849f217359_periodStartLabel_en-US" xlink:label="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Amount accumulated in other comprehensive income as of the beginning of the period, net of tax</link:label>
    <link:label id="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans_019b3310-03be-79c3-8118-9c1040a3ab04_periodEndLabel_en-US" xlink:label="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Amount accumulated in other comprehensive income as of the end of the period, net of tax</link:label>
    <link:label id="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans_019b3310-03be-787f-9e66-269d6062041a_terseLabel_en-US" xlink:label="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remeasurements of&#160;the&#160;Net&#160;Defined Benefit&#160;Liability</link:label>
    <link:label id="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans_label_en-US" xlink:label="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net defined benefit liability (asset)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LiabilityAssetOfDefinedBenefitPlans"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:to="lab_ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherInvestmentsOfCocaColaFEMSAsCompaniesMember_019b3310-0272-741b-ae88-b4676fff1711_terseLabel_en-US" xlink:label="lab_fmx_OtherInvestmentsOfCocaColaFEMSAsCompaniesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other investments in Coca-Cola FEMSA</link:label>
    <link:label id="lab_fmx_OtherInvestmentsOfCocaColaFEMSAsCompaniesMember_label_en-US" xlink:label="lab_fmx_OtherInvestmentsOfCocaColaFEMSAsCompaniesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Investments of Coca Cola FEMSAs Companies [Member]</link:label>
    <link:label id="lab_fmx_OtherInvestmentsOfCocaColaFEMSAsCompaniesMember_documentation_en-US" xlink:label="lab_fmx_OtherInvestmentsOfCocaColaFEMSAsCompaniesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other investments in Coca-Cola FEMSA's companies.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherInvestmentsOfCocaColaFEMSAsCompaniesMember" xlink:href="fmx-20251231.xsd#fmx_OtherInvestmentsOfCocaColaFEMSAsCompaniesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherInvestmentsOfCocaColaFEMSAsCompaniesMember" xlink:to="lab_fmx_OtherInvestmentsOfCocaColaFEMSAsCompaniesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LongTermPrepaidAdvertisingExpenses_019b3310-03bf-7796-a3a5-348fac9e1636_terseLabel_en-US" xlink:label="lab_fmx_LongTermPrepaidAdvertisingExpenses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current prepaid advertising expenses</link:label>
    <link:label id="lab_fmx_LongTermPrepaidAdvertisingExpenses_label_en-US" xlink:label="lab_fmx_LongTermPrepaidAdvertisingExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long Term Prepaid Advertising Expenses</link:label>
    <link:label id="lab_fmx_LongTermPrepaidAdvertisingExpenses_documentation_en-US" xlink:label="lab_fmx_LongTermPrepaidAdvertisingExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Long term prepaid advertising expenses.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LongTermPrepaidAdvertisingExpenses" xlink:href="fmx-20251231.xsd#fmx_LongTermPrepaidAdvertisingExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LongTermPrepaidAdvertisingExpenses" xlink:to="lab_fmx_LongTermPrepaidAdvertisingExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LiabilityOverTheOperationsOfThirdPartyMember_019b3310-03bf-7dfb-b6f1-80cb58efedad_terseLabel_en-US" xlink:label="lab_fmx_LiabilityOverTheOperationsOfThirdPartyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liability over the operations of third party</link:label>
    <link:label id="lab_fmx_LiabilityOverTheOperationsOfThirdPartyMember_label_en-US" xlink:label="lab_fmx_LiabilityOverTheOperationsOfThirdPartyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liability Over The Operations of Third Party [Member]</link:label>
    <link:label id="lab_fmx_LiabilityOverTheOperationsOfThirdPartyMember_documentation_en-US" xlink:label="lab_fmx_LiabilityOverTheOperationsOfThirdPartyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Liability over the operations of a third party.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LiabilityOverTheOperationsOfThirdPartyMember" xlink:href="fmx-20251231.xsd#fmx_LiabilityOverTheOperationsOfThirdPartyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LiabilityOverTheOperationsOfThirdPartyMember" xlink:to="lab_fmx_LiabilityOverTheOperationsOfThirdPartyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfLeasesLineItemsLineItems_019b3310-0272-7877-b357-e21d1116cb4e_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfLeasesLineItemsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Leases</link:label>
    <link:label id="lab_fmx_DisclosureOfLeasesLineItemsLineItems_label_en-US" xlink:label="lab_fmx_DisclosureOfLeasesLineItemsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Leases Line Items [Line Items]</link:label>
    <link:label id="lab_fmx_DisclosureOfLeasesLineItemsLineItems_documentation_en-US" xlink:label="lab_fmx_DisclosureOfLeasesLineItemsLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of leases line items.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfLeasesLineItemsLineItems" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfLeasesLineItemsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfLeasesLineItemsLineItems" xlink:to="lab_fmx_DisclosureOfLeasesLineItemsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TaxesAbstract_019bed8c-5465-7979-888e-07698abea68d_terseLabel_en-US" xlink:label="lab_fmx_TaxesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Taxes [Abstract]</link:label>
    <link:label id="lab_fmx_TaxesAbstract_label_en-US" xlink:label="lab_fmx_TaxesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Taxes [Abstract]</link:label>
    <link:label id="lab_fmx_TaxesAbstract_documentation_en-US" xlink:label="lab_fmx_TaxesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Taxes</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TaxesAbstract" xlink:href="fmx-20251231.xsd#fmx_TaxesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TaxesAbstract" xlink:to="lab_fmx_TaxesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentProvisionsForEmployeeBenefits_019b3310-0271-7a0e-b9dd-69fbfd4f6e1c_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employee benefits</link:label>
    <link:label id="lab_ifrs-full_NoncurrentProvisionsForEmployeeBenefits_019b3310-0271-72c7-a1fa-5acf020dbf26_verboseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Employee Benefits</link:label>
    <link:label id="lab_ifrs-full_NoncurrentProvisionsForEmployeeBenefits_label_en-US" xlink:label="lab_ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current provisions for employee benefits</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentProvisionsForEmployeeBenefits"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:to="lab_ifrs-full_NoncurrentProvisionsForEmployeeBenefits" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RightofuseAssets_019b3310-0272-74d6-a51e-354f400d936a_verboseLabel_en-US" xlink:label="lab_ifrs-full_RightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Right-of-use assets, net</link:label>
    <link:label id="lab_ifrs-full_RightofuseAssets_019b3310-0272-7e2d-a0d1-15a6db96c402_terseLabel_en-US" xlink:label="lab_ifrs-full_RightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Right-of-use assets</link:label>
    <link:label id="lab_ifrs-full_RightofuseAssets_019b3310-0272-78ab-a518-7f1c5d40499c_periodStartLabel_en-US" xlink:label="lab_ifrs-full_RightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Right-of-use assets, beginning</link:label>
    <link:label id="lab_ifrs-full_RightofuseAssets_019b3310-0272-7b3a-86a2-eaaddaf1fb72_periodEndLabel_en-US" xlink:label="lab_ifrs-full_RightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Right-of-use assets, ending</link:label>
    <link:label id="lab_ifrs-full_RightofuseAssets_label_en-US" xlink:label="lab_ifrs-full_RightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Right-of-use assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RightofuseAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RightofuseAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RightofuseAssets" xlink:to="lab_ifrs-full_RightofuseAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_019b3310-0320-7216-ab4d-169e3c158719_terseLabel_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Actuarial assumption of expected rates of salary increases</link:label>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_label_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Actuarial assumption of expected rates of salary increases [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" xlink:to="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentPropertyTable_019b3310-0320-7909-8760-03d49e07e853_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentPropertyTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about investment property [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentPropertyTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentPropertyTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about investment property [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInvestmentPropertyTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInvestmentPropertyTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInvestmentPropertyTable" xlink:to="lab_ifrs-full_DisclosureOfInvestmentPropertyTable" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_ContactPersonnelName_019b3310-0320-7f03-895e-036981974d28_terseLabel_en-US" xlink:label="lab_dei_ContactPersonnelName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contact Personnel Name</link:label>
    <link:label id="lab_dei_ContactPersonnelName_label_en-US" xlink:label="lab_dei_ContactPersonnelName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contact Personnel Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_ContactPersonnelName" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_ContactPersonnelName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_ContactPersonnelName" xlink:to="lab_dei_ContactPersonnelName" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired_019b3310-03bf-7487-9c8b-9dd7c3f4409c_terseLabel_en-US" xlink:label="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business acquisition, percentage of equity interests acquired</link:label>
    <link:label id="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired_label_en-US" xlink:label="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage of voting equity interests acquired</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PercentageOfVotingEquityInterestsAcquired"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:to="lab_ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DeferredTaxRecoveryPeriod_019b3310-0272-7ec6-8701-202b6aaf80be_terseLabel_en-US" xlink:label="lab_fmx_DeferredTaxRecoveryPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax recovery period</link:label>
    <link:label id="lab_fmx_DeferredTaxRecoveryPeriod_label_en-US" xlink:label="lab_fmx_DeferredTaxRecoveryPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred tax recovery period</link:label>
    <link:label id="lab_fmx_DeferredTaxRecoveryPeriod_documentation_en-US" xlink:label="lab_fmx_DeferredTaxRecoveryPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred tax recovery period.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DeferredTaxRecoveryPeriod" xlink:href="fmx-20251231.xsd#fmx_DeferredTaxRecoveryPeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DeferredTaxRecoveryPeriod" xlink:to="lab_fmx_DeferredTaxRecoveryPeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfFinancialAssetsAndFinancialLiabilitiesLineItems_019b3310-03bf-7ad8-904e-ac5cc3c3dedc_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfFinancialAssetsAndFinancialLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of Financial Assets and Financial Liabilities [Line Items]</link:label>
    <link:label id="lab_fmx_DisclosureOfFinancialAssetsAndFinancialLiabilitiesLineItems_label_en-US" xlink:label="lab_fmx_DisclosureOfFinancialAssetsAndFinancialLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Financial Assets and Financial Liabilities [line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfFinancialAssetsAndFinancialLiabilitiesLineItems_documentation_en-US" xlink:label="lab_fmx_DisclosureOfFinancialAssetsAndFinancialLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets and financial liabilities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfFinancialAssetsAndFinancialLiabilitiesLineItems" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfFinancialAssetsAndFinancialLiabilitiesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfFinancialAssetsAndFinancialLiabilitiesLineItems" xlink:to="lab_fmx_DisclosureOfFinancialAssetsAndFinancialLiabilitiesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents_019b3310-03bf-7b3e-974d-f3126f7f56e8_terseLabel_en-US" xlink:label="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-term deposits, classified as cash equivalents</link:label>
    <link:label id="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-term deposits, classified as cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:to="lab_ifrs-full_ShorttermDepositsClassifiedAsCashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentInvestments_019b3310-0272-7763-8b57-cbb80e1a9b22_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentInvestments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments</link:label>
    <link:label id="lab_ifrs-full_CurrentInvestments_019b3310-0272-7ec6-8aca-d14b4818edb2_totalLabel_en-US" xlink:label="lab_ifrs-full_CurrentInvestments" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total investments</link:label>
    <link:label id="lab_ifrs-full_CurrentInvestments_label_en-US" xlink:label="lab_ifrs-full_CurrentInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current investments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentInvestments" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentInvestments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentInvestments" xlink:to="lab_ifrs-full_CurrentInvestments" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_GlassBottlesMember_019b3310-019e-74c6-ae42-aeb1a531d22c_terseLabel_en-US" xlink:label="lab_fmx_GlassBottlesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Glass bottles</link:label>
    <link:label id="lab_fmx_GlassBottlesMember_label_en-US" xlink:label="lab_fmx_GlassBottlesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Glass bottles [Member]</link:label>
    <link:label id="lab_fmx_GlassBottlesMember_documentation_en-US" xlink:label="lab_fmx_GlassBottlesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Glass bottles.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_GlassBottlesMember" xlink:href="fmx-20251231.xsd#fmx_GlassBottlesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_GlassBottlesMember" xlink:to="lab_fmx_GlassBottlesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfAmountRecognizedInConsolidatedIncomeStatementsAndConsolidatedStatementsOfComprehensiveIncomeInDefinedBenefitLiabilityAssetExplanatoryTableTextBlock_019b3310-0272-7d7b-b4f3-616b9b60c539_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfAmountRecognizedInConsolidatedIncomeStatementsAndConsolidatedStatementsOfComprehensiveIncomeInDefinedBenefitLiabilityAssetExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Amount Recognized in Consolidated Income Statements and Consolidated Statements of Comprehensive Income</link:label>
    <link:label id="lab_fmx_DisclosureOfAmountRecognizedInConsolidatedIncomeStatementsAndConsolidatedStatementsOfComprehensiveIncomeInDefinedBenefitLiabilityAssetExplanatoryTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfAmountRecognizedInConsolidatedIncomeStatementsAndConsolidatedStatementsOfComprehensiveIncomeInDefinedBenefitLiabilityAssetExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Amount Recognized In Consolidated Income Statements And Consolidated Statements Of Comprehensive Income In Defined Benefit Liability Asset Explanatory [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfAmountRecognizedInConsolidatedIncomeStatementsAndConsolidatedStatementsOfComprehensiveIncomeInDefinedBenefitLiabilityAssetExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfAmountRecognizedInConsolidatedIncomeStatementsAndConsolidatedStatementsOfComprehensiveIncomeInDefinedBenefitLiabilityAssetExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of amount recognized in consolidated income statements and consolidated statements of comprehensive income in defined benefit liability asset explanatory.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfAmountRecognizedInConsolidatedIncomeStatementsAndConsolidatedStatementsOfComprehensiveIncomeInDefinedBenefitLiabilityAssetExplanatoryTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfAmountRecognizedInConsolidatedIncomeStatementsAndConsolidatedStatementsOfComprehensiveIncomeInDefinedBenefitLiabilityAssetExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfAmountRecognizedInConsolidatedIncomeStatementsAndConsolidatedStatementsOfComprehensiveIncomeInDefinedBenefitLiabilityAssetExplanatoryTableTextBlock" xlink:to="lab_fmx_DisclosureOfAmountRecognizedInConsolidatedIncomeStatementsAndConsolidatedStatementsOfComprehensiveIncomeInDefinedBenefitLiabilityAssetExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TaxDeductionsDisputesMember_019b3310-03bf-7a10-8817-288d75902c4e_terseLabel_en-US" xlink:label="lab_fmx_TaxDeductionsDisputesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax Deductions Disputes</link:label>
    <link:label id="lab_fmx_TaxDeductionsDisputesMember_label_en-US" xlink:label="lab_fmx_TaxDeductionsDisputesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax Deductions Disputes [Member]</link:label>
    <link:label id="lab_fmx_TaxDeductionsDisputesMember_documentation_en-US" xlink:label="lab_fmx_TaxDeductionsDisputesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tax Deductions Disputes</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TaxDeductionsDisputesMember" xlink:href="fmx-20251231.xsd#fmx_TaxDeductionsDisputesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TaxDeductionsDisputesMember" xlink:to="lab_fmx_TaxDeductionsDisputesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AssetsRecognisedAsOfAcquisitionDate_019b3310-0272-7b0e-b791-8b970e459b16_terseLabel_en-US" xlink:label="lab_fmx_AssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_fmx_AssetsRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_fmx_AssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets recognised as of acquisition date</link:label>
    <link:label id="lab_fmx_AssetsRecognisedAsOfAcquisitionDate_documentation_en-US" xlink:label="lab_fmx_AssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Assets recognised as of acquisition date.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AssetsRecognisedAsOfAcquisitionDate" xlink:href="fmx-20251231.xsd#fmx_AssetsRecognisedAsOfAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AssetsRecognisedAsOfAcquisitionDate" xlink:to="lab_fmx_AssetsRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CLPUSDMember_019b3310-0271-7623-ae29-4d634f29f04f_terseLabel_en-US" xlink:label="lab_fmx_CLPUSDMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CLP/USD</link:label>
    <link:label id="lab_fmx_CLPUSDMember_label_en-US" xlink:label="lab_fmx_CLPUSDMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CLP/USD [Member]</link:label>
    <link:label id="lab_fmx_CLPUSDMember_documentation_en-US" xlink:label="lab_fmx_CLPUSDMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information pertaining to currency exchanges between Chilean Peso and US Dollar.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CLPUSDMember" xlink:href="fmx-20251231.xsd#fmx_CLPUSDMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CLPUSDMember" xlink:to="lab_fmx_CLPUSDMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IntangibleAssetsOtherThanGoodwillMember_019b3310-0271-777e-b471-576c7cf79abe_terseLabel_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets other than goodwill</link:label>
    <link:label id="lab_ifrs-full_IntangibleAssetsOtherThanGoodwillMember_label_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intangible assets other than goodwill [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwillMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:to="lab_ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:type="arc" order="1"/>
    <link:label id="lab_country_MX_019b3310-03bf-731b-af33-6b298014ec50_terseLabel_en-US" xlink:label="lab_country_MX" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mexico</link:label>
    <link:label id="lab_country_MX_label_en-US" xlink:label="lab_country_MX" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">MEXICO</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_MX" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_MX"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_MX" xlink:to="lab_country_MX" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasExplanatory_019b3310-0271-7a32-b3ec-3975dd94cb54_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Geographic Area for Non-Current Assets</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of geographical areas [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfGeographicalAreasExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:to="lab_ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_019b3310-03bf-7cfb-b492-5a89585836f6_verboseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Items that will be reclassified to consolidated net income in subsequent periods, net of income tax:</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_019b3310-03bf-760c-8537-32a6b6a010b6_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Items that may be reclassified to consolidated net income:</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of other comprehensive income that will be reclassified to profit or loss, net of tax [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValue_019b3310-0320-77eb-a14e-8462e1bc5731_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Asset</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValue_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets, at fair value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtFairValue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialAssetsAtFairValue" xlink:to="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlans_019b3310-03bf-7e89-a006-c218ce8c81ff_terseLabel_en-US" xlink:label="lab_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remeasurements of the net defined benefits liability</link:label>
    <link:label id="lab_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlans_label_en-US" xlink:label="lab_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserve of remeasurements of defined benefit plans</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlans" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlans"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlans" xlink:to="lab_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlans" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfAllocationOfAmortisationExpensesTableTextBlock_019b3310-0271-7314-b0b6-584b020c066e_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfAllocationOfAmortisationExpensesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Allocation of Amortization Expenses</link:label>
    <link:label id="lab_fmx_DisclosureOfAllocationOfAmortisationExpensesTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfAllocationOfAmortisationExpensesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Allocation Of Amortisation Expenses [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfAllocationOfAmortisationExpensesTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfAllocationOfAmortisationExpensesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of allocation of amortisation expenses.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfAllocationOfAmortisationExpensesTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfAllocationOfAmortisationExpensesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfAllocationOfAmortisationExpensesTableTextBlock" xlink:to="lab_fmx_DisclosureOfAllocationOfAmortisationExpensesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NotesPayableMember_019b3310-031f-76bf-82b6-c7cb040c9d62_terseLabel_en-US" xlink:label="lab_fmx_NotesPayableMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes payable</link:label>
    <link:label id="lab_fmx_NotesPayableMember_label_en-US" xlink:label="lab_fmx_NotesPayableMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notes Payable [Member]</link:label>
    <link:label id="lab_fmx_NotesPayableMember_documentation_en-US" xlink:label="lab_fmx_NotesPayableMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Notes payable.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NotesPayableMember" xlink:href="fmx-20251231.xsd#fmx_NotesPayableMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NotesPayableMember" xlink:to="lab_fmx_NotesPayableMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_UnusedTaxLossesMember_019b3310-03be-78a8-9c58-d3a588d15482_terseLabel_en-US" xlink:label="lab_ifrs-full_UnusedTaxLossesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax loss carryforwards</link:label>
    <link:label id="lab_ifrs-full_UnusedTaxLossesMember_label_en-US" xlink:label="lab_ifrs-full_UnusedTaxLossesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unused tax losses [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_UnusedTaxLossesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_UnusedTaxLossesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_UnusedTaxLossesMember" xlink:to="lab_ifrs-full_UnusedTaxLossesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisposalsRightofuseAssets_019b3310-03bf-75f8-a379-49e0315885a3_negatedLabel_en-US" xlink:label="lab_ifrs-full_DisposalsRightofuseAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Disposals</link:label>
    <link:label id="lab_ifrs-full_DisposalsRightofuseAssets_label_en-US" xlink:label="lab_ifrs-full_DisposalsRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposals, right-of-use assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisposalsRightofuseAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisposalsRightofuseAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisposalsRightofuseAssets" xlink:to="lab_ifrs-full_DisposalsRightofuseAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CompanyBusinessAbstract_label_en-US" xlink:label="lab_fmx_CompanyBusinessAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Company Business [Abstract]</link:label>
    <link:label id="lab_fmx_CompanyBusinessAbstract_documentation_en-US" xlink:label="lab_fmx_CompanyBusinessAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Company Business [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CompanyBusinessAbstract" xlink:href="fmx-20251231.xsd#fmx_CompanyBusinessAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CompanyBusinessAbstract" xlink:to="lab_fmx_CompanyBusinessAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ProfitLossBeforeTaxContinuedOperations_019b3310-03bf-7f3c-92c1-2db5d33ac65a_verboseLabel_en-US" xlink:label="lab_fmx_ProfitLossBeforeTaxContinuedOperations" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Income before income taxes from continuing operations</link:label>
    <link:label id="lab_fmx_ProfitLossBeforeTaxContinuedOperations_label_en-US" xlink:label="lab_fmx_ProfitLossBeforeTaxContinuedOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit Loss Before Tax Continued Operations</link:label>
    <link:label id="lab_fmx_ProfitLossBeforeTaxContinuedOperations_documentation_en-US" xlink:label="lab_fmx_ProfitLossBeforeTaxContinuedOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Profit loss before tax continued operations.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ProfitLossBeforeTaxContinuedOperations" xlink:href="fmx-20251231.xsd#fmx_ProfitLossBeforeTaxContinuedOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ProfitLossBeforeTaxContinuedOperations" xlink:to="lab_fmx_ProfitLossBeforeTaxContinuedOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset_019b3310-0271-779c-8e22-66c1a3659c37_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current Service Cost</link:label>
    <link:label id="lab_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset_019b3310-0271-7356-adfc-646963167308_verboseLabel_en-US" xlink:label="lab_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Current service cost</link:label>
    <link:label id="lab_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase in net defined benefit liability (asset) resulting from current service cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_019b3310-03bf-7f5a-a1d1-9239b13c120e_terseLabel_en-US" xlink:label="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange differences on the translation of foreign operations and equity accounted investees</link:label>
    <link:label id="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_label_en-US" xlink:label="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserve of exchange differences on translation [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:to="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PurchaseOfStockMember_019b3310-0320-7c73-9de1-d4361bb39746_terseLabel_en-US" xlink:label="lab_fmx_PurchaseOfStockMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase of stock</link:label>
    <link:label id="lab_fmx_PurchaseOfStockMember_label_en-US" xlink:label="lab_fmx_PurchaseOfStockMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase Of Stock [Member]</link:label>
    <link:label id="lab_fmx_PurchaseOfStockMember_documentation_en-US" xlink:label="lab_fmx_PurchaseOfStockMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Purchase of stock.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PurchaseOfStockMember" xlink:href="fmx-20251231.xsd#fmx_PurchaseOfStockMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PurchaseOfStockMember" xlink:to="lab_fmx_PurchaseOfStockMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis_019b3310-0320-7f06-8cc2-1d91e2c7da10_terseLabel_en-US" xlink:label="lab_ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities arising from financing activities [axis]</link:label>
    <link:label id="lab_ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis_label_en-US" xlink:label="lab_ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities arising from financing activities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" xlink:to="lab_ifrs-full_LiabilitiesArisingFromFinancingActivitiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfParentEntityInformationExplanatoryTextBlock_019b3310-0272-7de1-a3a9-44738c68eb76_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfParentEntityInformationExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Company Business</link:label>
    <link:label id="lab_fmx_DisclosureOfParentEntityInformationExplanatoryTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfParentEntityInformationExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Parent Entity Information Explanatory [Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfParentEntityInformationExplanatoryTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfParentEntityInformationExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of parent entity information.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfParentEntityInformationExplanatoryTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfParentEntityInformationExplanatoryTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfParentEntityInformationExplanatoryTextBlock" xlink:to="lab_fmx_DisclosureOfParentEntityInformationExplanatoryTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherNoncurrentFinancialAssets_019b3310-03be-7b54-a122-1400ba664069_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other non-current financial assets</link:label>
    <link:label id="lab_ifrs-full_OtherNoncurrentFinancialAssets_019b3310-03be-7ce9-9ab1-ba5dd9a50148_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Other non-current financial assets</link:label>
    <link:label id="lab_ifrs-full_OtherNoncurrentFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other non-current financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherNoncurrentFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherNoncurrentFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherNoncurrentFinancialAssets" xlink:to="lab_ifrs-full_OtherNoncurrentFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss_019d97a5-c1fe-79b5-a8cc-603e69f0dcb4_negatedTerseLabel_en-US" xlink:label="lab_fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Effect on profit or loss from decrease in exchange rate</link:label>
    <link:label id="lab_fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss_label_en-US" xlink:label="lab_fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease In Foreign Currency Rate Effect On Profit Or Loss</link:label>
    <link:label id="lab_fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss_documentation_en-US" xlink:label="lab_fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effect on profit or loss from decrease in foreign currency exchange rate.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss" xlink:href="fmx-20251231.xsd#fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss" xlink:to="lab_fmx_DecreaseInForeignCurrencyRateEffectOnProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ShareRepurchases_019b3310-019e-7a76-8735-f4dbec996615_negatedTerseLabel_en-US" xlink:label="lab_fmx_ShareRepurchases" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Shares repurchase</link:label>
    <link:label id="lab_fmx_ShareRepurchases_019b3310-019e-70bc-86c6-08ffbfde2598_terseLabel_en-US" xlink:label="lab_fmx_ShareRepurchases" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares repurchase</link:label>
    <link:label id="lab_fmx_ShareRepurchases_label_en-US" xlink:label="lab_fmx_ShareRepurchases" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Repurchases</link:label>
    <link:label id="lab_fmx_ShareRepurchases_documentation_en-US" xlink:label="lab_fmx_ShareRepurchases" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Repurchases</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ShareRepurchases" xlink:href="fmx-20251231.xsd#fmx_ShareRepurchases"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ShareRepurchases" xlink:to="lab_fmx_ShareRepurchases" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LaterThanSevenYearsAndNotLaterThanEightYearsMember_019b3310-0271-7c2f-9a88-b348ed78acc3_terseLabel_en-US" xlink:label="lab_fmx_LaterThanSevenYearsAndNotLaterThanEightYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2033</link:label>
    <link:label id="lab_fmx_LaterThanSevenYearsAndNotLaterThanEightYearsMember_label_en-US" xlink:label="lab_fmx_LaterThanSevenYearsAndNotLaterThanEightYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later Than Seven Years And Not Later Than Eight Years [Member]</link:label>
    <link:label id="lab_fmx_LaterThanSevenYearsAndNotLaterThanEightYearsMember_documentation_en-US" xlink:label="lab_fmx_LaterThanSevenYearsAndNotLaterThanEightYearsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">8-7 years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LaterThanSevenYearsAndNotLaterThanEightYearsMember" xlink:href="fmx-20251231.xsd#fmx_LaterThanSevenYearsAndNotLaterThanEightYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LaterThanSevenYearsAndNotLaterThanEightYearsMember" xlink:to="lab_fmx_LaterThanSevenYearsAndNotLaterThanEightYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DebtCertificatesMaturingOn2032Member_019b3310-0320-723c-9f6d-e2d5e9536ea0_terseLabel_en-US" xlink:label="lab_fmx_DebtCertificatesMaturingOn2032Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Certificates Maturing on 2032</link:label>
    <link:label id="lab_fmx_DebtCertificatesMaturingOn2032Member_label_en-US" xlink:label="lab_fmx_DebtCertificatesMaturingOn2032Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Certificates Maturing on 2032 [Member]</link:label>
    <link:label id="lab_fmx_DebtCertificatesMaturingOn2032Member_documentation_en-US" xlink:label="lab_fmx_DebtCertificatesMaturingOn2032Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Certificates Maturing on 2032</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DebtCertificatesMaturingOn2032Member" xlink:href="fmx-20251231.xsd#fmx_DebtCertificatesMaturingOn2032Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DebtCertificatesMaturingOn2032Member" xlink:to="lab_fmx_DebtCertificatesMaturingOn2032Member" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree_019b3310-031f-7b71-93a4-1d900b97f98a_terseLabel_en-US" xlink:label="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2028</link:label>
    <link:label id="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree_label_en-US" xlink:label="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Expected Future Benefit Payment Year Three</link:label>
    <link:label id="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree_documentation_en-US" xlink:label="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Defined benefit plan expected future benefit payments year three.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree" xlink:href="fmx-20251231.xsd#fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree" xlink:to="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearThree" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ChangeInCommodityPriceFluctuationRateEffectOnEquity_019b3310-0320-70f0-94a6-00004c54a7c9_terseLabel_en-US" xlink:label="lab_fmx_ChangeInCommodityPriceFluctuationRateEffectOnEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect on equity from change in commodity price</link:label>
    <link:label id="lab_fmx_ChangeInCommodityPriceFluctuationRateEffectOnEquity_label_en-US" xlink:label="lab_fmx_ChangeInCommodityPriceFluctuationRateEffectOnEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Change In Commodity Price Fluctuation Rate Effect On Equity</link:label>
    <link:label id="lab_fmx_ChangeInCommodityPriceFluctuationRateEffectOnEquity_documentation_en-US" xlink:label="lab_fmx_ChangeInCommodityPriceFluctuationRateEffectOnEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effect on equity from change in commodity price.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ChangeInCommodityPriceFluctuationRateEffectOnEquity" xlink:href="fmx-20251231.xsd#fmx_ChangeInCommodityPriceFluctuationRateEffectOnEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ChangeInCommodityPriceFluctuationRateEffectOnEquity" xlink:to="lab_fmx_ChangeInCommodityPriceFluctuationRateEffectOnEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_019b3310-0272-784b-9769-7f12210a50b3_terseLabel_en-US" xlink:label="lab_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Useful life measured as period of time, intangible assets other than goodwill</link:label>
    <link:label id="lab_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_label_en-US" xlink:label="lab_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Useful life measured as period of time, intangible assets other than goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:to="lab_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesLineItems_019b3310-0271-73a6-a74f-66d19457f581_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Method Accounted Investees</link:label>
    <link:label id="lab_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesLineItems_label_en-US" xlink:label="lab_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Entitys Share Of Other Comprehensive Income From Equity Investees [line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesLineItems_documentation_en-US" xlink:label="lab_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Line Items abstract of entitys share of other comprehensive income from equity investees.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesLineItems" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesLineItems" xlink:to="lab_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfShareCapitalAxis_019b3310-0447-77f3-81e8-a1f431a94d65_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of share capital [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfShareCapitalAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of share capital [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfShareCapitalAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfShareCapitalAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfShareCapitalAxis" xlink:to="lab_ifrs-full_ClassesOfShareCapitalAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ChangeInVolumeGrowthOfCompoundAnnualGrowthRate_019b3310-0271-7274-bf67-000e72b54d4b_negatedLabel_en-US" xlink:label="lab_fmx_ChangeInVolumeGrowthOfCompoundAnnualGrowthRate" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Change&#160;in Expected Sales Growth Rates CAGR</link:label>
    <link:label id="lab_fmx_ChangeInVolumeGrowthOfCompoundAnnualGrowthRate_label_en-US" xlink:label="lab_fmx_ChangeInVolumeGrowthOfCompoundAnnualGrowthRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Change In Volume Growth Of Compound Annual Growth Rate</link:label>
    <link:label id="lab_fmx_ChangeInVolumeGrowthOfCompoundAnnualGrowthRate_documentation_en-US" xlink:label="lab_fmx_ChangeInVolumeGrowthOfCompoundAnnualGrowthRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Change in volume growth of compound annual growth rate.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ChangeInVolumeGrowthOfCompoundAnnualGrowthRate" xlink:href="fmx-20251231.xsd#fmx_ChangeInVolumeGrowthOfCompoundAnnualGrowthRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ChangeInVolumeGrowthOfCompoundAnnualGrowthRate" xlink:to="lab_fmx_ChangeInVolumeGrowthOfCompoundAnnualGrowthRate" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AdeSAlimentosYBebidasMember_019b3310-03be-7a7d-91af-a7c716abac43_terseLabel_en-US" xlink:label="lab_fmx_AdeSAlimentosYBebidasMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">AdeS Alimentos y Bebidas</link:label>
    <link:label id="lab_fmx_AdeSAlimentosYBebidasMember_label_en-US" xlink:label="lab_fmx_AdeSAlimentosYBebidasMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">AdeS Alimentos y Bebidas [Member]</link:label>
    <link:label id="lab_fmx_AdeSAlimentosYBebidasMember_documentation_en-US" xlink:label="lab_fmx_AdeSAlimentosYBebidasMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">AdeS Alimentos y Bebidas</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AdeSAlimentosYBebidasMember" xlink:href="fmx-20251231.xsd#fmx_AdeSAlimentosYBebidasMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AdeSAlimentosYBebidasMember" xlink:to="lab_fmx_AdeSAlimentosYBebidasMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfBasisOfConsolidationExplanatory_019b3310-0272-7ab2-8333-f0e3ed597dac_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBasisOfConsolidationExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basis of consolidation</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfBasisOfConsolidationExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBasisOfConsolidationExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of basis of consolidation [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBasisOfConsolidationExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBasisOfConsolidationExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBasisOfConsolidationExplanatory" xlink:to="lab_ifrs-full_DisclosureOfBasisOfConsolidationExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_019b3310-0272-7dc2-b842-95600ffcc2ab_verboseLabel_en-US" xlink:label="lab_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Share in the loss of equity method accounted investees</link:label>
    <link:label id="lab_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_019b3310-0272-7da7-b10e-a817641aa921_terseLabel_en-US" xlink:label="lab_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Results for the period, net of tax</link:label>
    <link:label id="lab_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share of profit (loss) of associates accounted for using equity method</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ScheduleOfDomesticTaxRateTableTextBlock_019b3310-031f-7347-9d2e-77e972aaeb61_terseLabel_en-US" xlink:label="lab_fmx_ScheduleOfDomesticTaxRateTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Reconciliation Between Statutory and Actual Tax Rate</link:label>
    <link:label id="lab_fmx_ScheduleOfDomesticTaxRateTableTextBlock_label_en-US" xlink:label="lab_fmx_ScheduleOfDomesticTaxRateTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Domestic Tax Rate [Table Text Block]</link:label>
    <link:label id="lab_fmx_ScheduleOfDomesticTaxRateTableTextBlock_documentation_en-US" xlink:label="lab_fmx_ScheduleOfDomesticTaxRateTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of domestic tax rate.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ScheduleOfDomesticTaxRateTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_ScheduleOfDomesticTaxRateTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ScheduleOfDomesticTaxRateTableTextBlock" xlink:to="lab_fmx_ScheduleOfDomesticTaxRateTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentPortionOfLongtermBorrowings_019b3310-03bf-7c13-bccb-19e132deace8_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentPortionOfLongtermBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current portion of non-current debt</link:label>
    <link:label id="lab_ifrs-full_CurrentPortionOfLongtermBorrowings_019b3310-03bf-7a36-aee9-8ea022456257_negatedLabel_en-US" xlink:label="lab_ifrs-full_CurrentPortionOfLongtermBorrowings" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Current portion of long term debt</link:label>
    <link:label id="lab_ifrs-full_CurrentPortionOfLongtermBorrowings_label_en-US" xlink:label="lab_ifrs-full_CurrentPortionOfLongtermBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current portion of non-current borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentPortionOfLongtermBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentPortionOfLongtermBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentPortionOfLongtermBorrowings" xlink:to="lab_ifrs-full_CurrentPortionOfLongtermBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Equity_019b3310-0272-7103-b7e6-6290a3b18c3c_totalLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">TOTAL EQUITY</link:label>
    <link:label id="lab_ifrs-full_Equity_019b3310-0272-7553-a1e1-7bc31bb04b3d_periodStartLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:label id="lab_ifrs-full_Equity_019b3310-0272-7a7c-832b-457949c0f929_periodEndLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:label id="lab_ifrs-full_Equity_label_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Equity" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Equity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Equity" xlink:to="lab_ifrs-full_Equity" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughBusinessCombinationsAndDisposalsNetDefinedBenefitLiabilityAsset_019b3310-0271-7c78-8572-aef8baaf7687_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughBusinessCombinationsAndDisposalsNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employees contributions</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughBusinessCombinationsAndDisposalsNetDefinedBenefitLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughBusinessCombinationsAndDisposalsNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in net defined benefit liability (asset) resulting from business combinations and disposals</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughBusinessCombinationsAndDisposalsNetDefinedBenefitLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughBusinessCombinationsAndDisposalsNetDefinedBenefitLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughBusinessCombinationsAndDisposalsNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughBusinessCombinationsAndDisposalsNetDefinedBenefitLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityAddressesAddressTypeAxis_019b3310-031f-7a01-a0f2-06cff189dd95_terseLabel_en-US" xlink:label="lab_dei_EntityAddressesAddressTypeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Addresses, Address Type [Axis]</link:label>
    <link:label id="lab_dei_EntityAddressesAddressTypeAxis_label_en-US" xlink:label="lab_dei_EntityAddressesAddressTypeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Addresses, Address Type [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressesAddressTypeAxis" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressesAddressTypeAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressesAddressTypeAxis" xlink:to="lab_dei_EntityAddressesAddressTypeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax_019b3310-031f-7434-b1d3-401e22b577df_verboseLabel_en-US" xlink:label="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Share of other comprehensive (loss) income of equity method accounted investees</link:label>
    <link:label id="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax_019b3310-031f-7103-ba86-3e08832a4126_totalLabel_en-US" xlink:label="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax_label_en-US" xlink:label="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share of other comprehensive income of associates and joint ventures accounted for using equity method that will be reclassified to profit or loss, net of tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipment_019b3310-019e-78de-b210-62810c3b7f3c_terseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment, net</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipment_019bd0b5-9d9d-789d-933e-c4f0094e4179_verboseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipment_019b3310-019e-7708-a110-d1df9f407f88_periodStartLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipment_019b3310-019e-79d5-925d-bb0a15fab8ef_periodEndLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipment" xlink:to="lab_ifrs-full_PropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations_019b3310-03bf-77c3-98f5-fcea7926cbb3_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net cash generated by (used in) operating activities from discontinuing operations</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) operating activities, discontinued operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations" xlink:to="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesDiscontinuedOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GrossProfit_019b3310-0320-703c-b8f6-538ce4ed0b85_totalLabel_en-US" xlink:label="lab_ifrs-full_GrossProfit" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Gross profit</link:label>
    <link:label id="lab_ifrs-full_GrossProfit_019b3310-0320-7f89-901b-681bbefb2000_terseLabel_en-US" xlink:label="lab_ifrs-full_GrossProfit" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross profit</link:label>
    <link:label id="lab_ifrs-full_GrossProfit_label_en-US" xlink:label="lab_ifrs-full_GrossProfit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gross profit</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GrossProfit" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GrossProfit"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GrossProfit" xlink:to="lab_ifrs-full_GrossProfit" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate_019b3310-03bf-703d-b1c9-ec8cdbca35f8_terseLabel_en-US" xlink:label="lab_fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest receive rate</link:label>
    <link:label id="lab_fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate_label_en-US" xlink:label="lab_fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Instruments Designated As Hedging Derivative Interest Receivable Rate</link:label>
    <link:label id="lab_fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate_documentation_en-US" xlink:label="lab_fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial instruments designated as hedging derivative interest receivable rate.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate" xlink:href="fmx-20251231.xsd#fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate" xlink:to="lab_fmx_FinancialInstrumentsDesignatedAsHedgingDerivativeInterestReceivableRate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax_019b3310-031f-73f6-90c3-b9cd4e90d3b9_terseLabel_en-US" xlink:label="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share of other comprehensive income of equity method accounted investees</link:label>
    <link:label id="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax_label_en-US" xlink:label="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share of other comprehensive income of associates and joint ventures accounted for using equity method that will not be reclassified to profit or loss, net of tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:to="lab_ifrs-full_ShareOfOtherComprehensiveIncomeOfAssociatesAndJointVenturesAccountedForUsingEquityMethodThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_A5.10SeniorNotesMaturingOnMay62035Member_019cade6-a54a-75d6-b444-4198481e724f_terseLabel_en-US" xlink:label="lab_fmx_A5.10SeniorNotesMaturingOnMay62035Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">5.10% Senior Notes Maturing On May 6, 2035</link:label>
    <link:label id="lab_fmx_A5.10SeniorNotesMaturingOnMay62035Member_label_en-US" xlink:label="lab_fmx_A5.10SeniorNotesMaturingOnMay62035Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">5.10% Senior Notes Maturing On May 6, 2035 [Member]</link:label>
    <link:label id="lab_fmx_A5.10SeniorNotesMaturingOnMay62035Member_documentation_en-US" xlink:label="lab_fmx_A5.10SeniorNotesMaturingOnMay62035Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">5.10% Senior Notes Maturing On May 6, 2035</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_A5.10SeniorNotesMaturingOnMay62035Member" xlink:href="fmx-20251231.xsd#fmx_A5.10SeniorNotesMaturingOnMay62035Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_A5.10SeniorNotesMaturingOnMay62035Member" xlink:to="lab_fmx_A5.10SeniorNotesMaturingOnMay62035Member" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_FundacionFEMSAACMember_019b3310-0320-7b94-a524-25312021a87e_terseLabel_en-US" xlink:label="lab_fmx_FundacionFEMSAACMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fundaci&#243;n FEMSA</link:label>
    <link:label id="lab_fmx_FundacionFEMSAACMember_label_en-US" xlink:label="lab_fmx_FundacionFEMSAACMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fundacion FEMSA, A.C. [Member]</link:label>
    <link:label id="lab_fmx_FundacionFEMSAACMember_documentation_en-US" xlink:label="lab_fmx_FundacionFEMSAACMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fundacion Femsa AC.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_FundacionFEMSAACMember" xlink:href="fmx-20251231.xsd#fmx_FundacionFEMSAACMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_FundacionFEMSAACMember" xlink:to="lab_fmx_FundacionFEMSAACMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DerivativeFinancialLiabilitiesUndiscountedCashFlows_019b3310-0272-76f3-9997-3785b1ed17d6_terseLabel_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative financial liabilities</link:label>
    <link:label id="lab_ifrs-full_DerivativeFinancialLiabilitiesUndiscountedCashFlows_label_en-US" xlink:label="lab_ifrs-full_DerivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative financial liabilities, undiscounted cash flows</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DerivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DerivativeFinancialLiabilitiesUndiscountedCashFlows"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DerivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:to="lab_ifrs-full_DerivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_CumulativeEffectPeriodOfAdoptionDomain_019c9eb0-a3e0-7841-8a6c-1e87556034b5_terseLabel_en-US" xlink:label="lab_srt_CumulativeEffectPeriodOfAdoptionDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cumulative Effect, Period of Adoption [Domain]</link:label>
    <link:label id="lab_srt_CumulativeEffectPeriodOfAdoptionDomain_label_en-US" xlink:label="lab_srt_CumulativeEffectPeriodOfAdoptionDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cumulative Effect, Period of Adoption [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_CumulativeEffectPeriodOfAdoptionDomain" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_CumulativeEffectPeriodOfAdoptionDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_CumulativeEffectPeriodOfAdoptionDomain" xlink:to="lab_srt_CumulativeEffectPeriodOfAdoptionDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_InvestmentsInFixedAssets_019b3310-03bf-7077-9bdc-f5ac49b91df3_terseLabel_en-US" xlink:label="lab_fmx_InvestmentsInFixedAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments in capital expenditure</link:label>
    <link:label id="lab_fmx_InvestmentsInFixedAssets_label_en-US" xlink:label="lab_fmx_InvestmentsInFixedAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments In Fixed Assets</link:label>
    <link:label id="lab_fmx_InvestmentsInFixedAssets_documentation_en-US" xlink:label="lab_fmx_InvestmentsInFixedAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investments in fixed assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_InvestmentsInFixedAssets" xlink:href="fmx-20251231.xsd#fmx_InvestmentsInFixedAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_InvestmentsInFixedAssets" xlink:to="lab_fmx_InvestmentsInFixedAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation_019b3310-031f-70f4-a2d2-b06326d17313_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effects of changes in foreign exchange rates</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, before tax, exchange differences on translation of foreign operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeBeforeTaxExchangeDifferencesOnTranslation" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TechnologyCostsAndManagementSystemsMember_019b3310-03bf-7721-a949-412daaa60046_terseLabel_en-US" xlink:label="lab_fmx_TechnologyCostsAndManagementSystemsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Technology Costs&#160;and Management&#160;Systems</link:label>
    <link:label id="lab_fmx_TechnologyCostsAndManagementSystemsMember_label_en-US" xlink:label="lab_fmx_TechnologyCostsAndManagementSystemsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Technology Costs And Management Systems [Member]</link:label>
    <link:label id="lab_fmx_TechnologyCostsAndManagementSystemsMember_documentation_en-US" xlink:label="lab_fmx_TechnologyCostsAndManagementSystemsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Technology costs and management systems.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TechnologyCostsAndManagementSystemsMember" xlink:href="fmx-20251231.xsd#fmx_TechnologyCostsAndManagementSystemsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TechnologyCostsAndManagementSystemsMember" xlink:to="lab_fmx_TechnologyCostsAndManagementSystemsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract_019b3310-0271-74d5-9f42-9f873913ed65_verboseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Items that will not to be reclassified to consolidated net income in subsequent periods, net of income tax:</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract_019b3310-0271-7a0d-9cee-8c65e29a5477_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Items that may not be reclassified to consolidated net income in subsequent periods:</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of other comprehensive income that will not be reclassified to profit or loss, net of tax [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Level1OfFairValueHierarchyMember_019b3310-019e-76eb-b0d4-919d12445ff0_terseLabel_en-US" xlink:label="lab_ifrs-full_Level1OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level&#160;1</link:label>
    <link:label id="lab_ifrs-full_Level1OfFairValueHierarchyMember_label_en-US" xlink:label="lab_ifrs-full_Level1OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Level 1 of fair value hierarchy [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Level1OfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Level1OfFairValueHierarchyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Level1OfFairValueHierarchyMember" xlink:to="lab_ifrs-full_Level1OfFairValueHierarchyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TaxExpenseRelatingToGainLossOnDiscontinuance_019bd0ae-8aff-70f1-ab11-c95e9abd51b0_negatedLabel_en-US" xlink:label="lab_ifrs-full_TaxExpenseRelatingToGainLossOnDiscontinuance" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Tax paid on the sale of shares</link:label>
    <link:label id="lab_ifrs-full_TaxExpenseRelatingToGainLossOnDiscontinuance_019b3310-0271-7884-a020-08df58328c3e_terseLabel_en-US" xlink:label="lab_ifrs-full_TaxExpenseRelatingToGainLossOnDiscontinuance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income taxes</link:label>
    <link:label id="lab_ifrs-full_TaxExpenseRelatingToGainLossOnDiscontinuance_label_en-US" xlink:label="lab_ifrs-full_TaxExpenseRelatingToGainLossOnDiscontinuance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax expense (income) relating to gain (loss) on discontinuance</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TaxExpenseRelatingToGainLossOnDiscontinuance" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TaxExpenseRelatingToGainLossOnDiscontinuance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TaxExpenseRelatingToGainLossOnDiscontinuance" xlink:to="lab_ifrs-full_TaxExpenseRelatingToGainLossOnDiscontinuance" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture_019b3310-03bf-7ae1-a1ed-2b9b33caf46f_terseLabel_en-US" xlink:label="lab_fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income (loss), net</link:label>
    <link:label id="lab_fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture_label_en-US" xlink:label="lab_fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss) Excluding Gain (Loss) On Sale Of Joint Venture</link:label>
    <link:label id="lab_fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture_documentation_en-US" xlink:label="lab_fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of income and expense (including reclassification adjustments), excluding gain (loss) on sale of joint venture, that is not recognised in profit or loss as required or permitted by IFRS.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture" xlink:href="fmx-20251231.xsd#fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture" xlink:to="lab_fmx_OtherComprehensiveIncomeLossExcludingGainLossOnSaleOfJointVenture" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems_019b3310-0320-7239-8384-6b6c40ff6d09_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PropertyPlantAndEquipmentMachineryAndEquipmentMember_019bcfa6-3348-7f73-83b0-511d0eb7fb13_verboseLabel_en-US" xlink:label="lab_fmx_PropertyPlantAndEquipmentMachineryAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Machinery and equipment</link:label>
    <link:label id="lab_fmx_PropertyPlantAndEquipmentMachineryAndEquipmentMember_019b3310-0272-7edc-8a99-8af5e78dcb4a_terseLabel_en-US" xlink:label="lab_fmx_PropertyPlantAndEquipmentMachineryAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Machinery and Equipment</link:label>
    <link:label id="lab_fmx_PropertyPlantAndEquipmentMachineryAndEquipmentMember_label_en-US" xlink:label="lab_fmx_PropertyPlantAndEquipmentMachineryAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property Plant And Equipment, Machinery And Equipment [Member]</link:label>
    <link:label id="lab_fmx_PropertyPlantAndEquipmentMachineryAndEquipmentMember_documentation_en-US" xlink:label="lab_fmx_PropertyPlantAndEquipmentMachineryAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Machinery and equipment.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PropertyPlantAndEquipmentMachineryAndEquipmentMember" xlink:href="fmx-20251231.xsd#fmx_PropertyPlantAndEquipmentMachineryAndEquipmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PropertyPlantAndEquipmentMachineryAndEquipmentMember" xlink:to="lab_fmx_PropertyPlantAndEquipmentMachineryAndEquipmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DividendTransactionMember_019b3310-0272-7d75-9374-fb1bc9ee7830_terseLabel_en-US" xlink:label="lab_fmx_DividendTransactionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividend Transaction</link:label>
    <link:label id="lab_fmx_DividendTransactionMember_label_en-US" xlink:label="lab_fmx_DividendTransactionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividend Transaction [Member]</link:label>
    <link:label id="lab_fmx_DividendTransactionMember_documentation_en-US" xlink:label="lab_fmx_DividendTransactionMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dividend Transaction</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DividendTransactionMember" xlink:href="fmx-20251231.xsd#fmx_DividendTransactionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DividendTransactionMember" xlink:to="lab_fmx_DividendTransactionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Level2OfFairValueHierarchyMember_019b3310-03bf-749c-b865-75ce742176ee_terseLabel_en-US" xlink:label="lab_ifrs-full_Level2OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level&#160;2</link:label>
    <link:label id="lab_ifrs-full_Level2OfFairValueHierarchyMember_label_en-US" xlink:label="lab_ifrs-full_Level2OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Level 2 of fair value hierarchy [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Level2OfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Level2OfFairValueHierarchyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Level2OfFairValueHierarchyMember" xlink:to="lab_ifrs-full_Level2OfFairValueHierarchyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeFromReimbursementsUnderInsurancePolicies_019b3310-03be-7309-95ce-cfa2eb413bb9_terseLabel_en-US" xlink:label="lab_ifrs-full_IncomeFromReimbursementsUnderInsurancePolicies" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Insurance recovery</link:label>
    <link:label id="lab_ifrs-full_IncomeFromReimbursementsUnderInsurancePolicies_label_en-US" xlink:label="lab_ifrs-full_IncomeFromReimbursementsUnderInsurancePolicies" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income from reimbursements under insurance policies</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeFromReimbursementsUnderInsurancePolicies" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeFromReimbursementsUnderInsurancePolicies"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeFromReimbursementsUnderInsurancePolicies" xlink:to="lab_ifrs-full_IncomeFromReimbursementsUnderInsurancePolicies" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsPaidClassifiedAsFinancingActivities_019b3310-0271-7e00-8e6a-0257db1836df_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Dividends paid</link:label>
    <link:label id="lab_ifrs-full_DividendsPaidClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends paid, classified as financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaidClassifiedAsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IntercompanyRevenues_019b3310-0272-703e-b612-a243230dfd69_terseLabel_en-US" xlink:label="lab_fmx_IntercompanyRevenues" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intercompany revenue</link:label>
    <link:label id="lab_fmx_IntercompanyRevenues_label_en-US" xlink:label="lab_fmx_IntercompanyRevenues" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intercompany Revenues</link:label>
    <link:label id="lab_fmx_IntercompanyRevenues_documentation_en-US" xlink:label="lab_fmx_IntercompanyRevenues" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of intercompany revenues.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IntercompanyRevenues" xlink:href="fmx-20251231.xsd#fmx_IntercompanyRevenues"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IntercompanyRevenues" xlink:to="lab_fmx_IntercompanyRevenues" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset_019b3310-03bf-76e5-8814-66c82200bd7d_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Effect of settlement</link:label>
    <link:label id="lab_ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset_019b3310-03bf-75e4-b4ae-7b98040b79dc_negatedLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Gain on settlement</link:label>
    <link:label id="lab_ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease (increase) in net defined benefit liability (asset) resulting from gains (losses) arising from settlements</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_GainsLossesArisingFromSettlementsNetDefinedBenefitLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SalesAndMarketingExpense_019b3310-03be-72c1-9431-5edb07ea6ab9_terseLabel_en-US" xlink:label="lab_ifrs-full_SalesAndMarketingExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Selling expenses</link:label>
    <link:label id="lab_ifrs-full_SalesAndMarketingExpense_label_en-US" xlink:label="lab_ifrs-full_SalesAndMarketingExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sales and marketing expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SalesAndMarketingExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SalesAndMarketingExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SalesAndMarketingExpense" xlink:to="lab_ifrs-full_SalesAndMarketingExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ShareBasedPaymentArrangementVestingPeriod_019b3310-03bf-7593-bad6-de496595e612_terseLabel_en-US" xlink:label="lab_fmx_ShareBasedPaymentArrangementVestingPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share based payment arrangement, vesting period</link:label>
    <link:label id="lab_fmx_ShareBasedPaymentArrangementVestingPeriod_label_en-US" xlink:label="lab_fmx_ShareBasedPaymentArrangementVestingPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Based Payment Arrangement, Vesting Period</link:label>
    <link:label id="lab_fmx_ShareBasedPaymentArrangementVestingPeriod_documentation_en-US" xlink:label="lab_fmx_ShareBasedPaymentArrangementVestingPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Based Payment Arrangement, Vesting Period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ShareBasedPaymentArrangementVestingPeriod" xlink:href="fmx-20251231.xsd#fmx_ShareBasedPaymentArrangementVestingPeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ShareBasedPaymentArrangementVestingPeriod" xlink:to="lab_fmx_ShareBasedPaymentArrangementVestingPeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_EmployeeBenefitsAbstract_label_en-US" xlink:label="lab_fmx_EmployeeBenefitsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Benefits [Abstract]</link:label>
    <link:label id="lab_fmx_EmployeeBenefitsAbstract_documentation_en-US" xlink:label="lab_fmx_EmployeeBenefitsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Employee Benefits</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_EmployeeBenefitsAbstract" xlink:href="fmx-20251231.xsd#fmx_EmployeeBenefitsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_EmployeeBenefitsAbstract" xlink:to="lab_fmx_EmployeeBenefitsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsOnDisposalsOfNoncurrentAssets_019b3310-0271-7931-a5cc-728ad9e44e64_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsOnDisposalsOfNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of long-lived assets</link:label>
    <link:label id="lab_ifrs-full_GainsOnDisposalsOfNoncurrentAssets_label_en-US" xlink:label="lab_ifrs-full_GainsOnDisposalsOfNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains on disposals of non-current assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsOnDisposalsOfNoncurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsOnDisposalsOfNoncurrentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsOnDisposalsOfNoncurrentAssets" xlink:to="lab_ifrs-full_GainsOnDisposalsOfNoncurrentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember_019b3310-0271-761c-88ba-101d0ccb4746_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">31&#8209;60&#160;days</link:label>
    <link:label id="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than one month and not later than two months [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" xlink:to="lab_ifrs-full_LaterThanOneMonthAndNotLaterThanTwoMonthsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory_019b3310-03bf-7844-b51e-c7417e17e7a4_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current assets held for sale and discontinued operations</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for non-current assets or disposal groups classified as held for sale [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration_019b3310-03bf-722f-8ee0-60669e35677a_terseLabel_en-US" xlink:label="lab_ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (decrease) in amounts allocated to assets in acquisition</link:label>
    <link:label id="lab_ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration_label_en-US" xlink:label="lab_ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Measurement period adjustments recognised for particular assets, liabilities, non-controlling interests or items of consideration</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration" xlink:to="lab_ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DeferredTaxLiabilityAsset_019b3310-0271-73ef-b319-7f2d8c278f1b_totalLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Deferred tax (liability)/asset, net</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxLiabilityAsset_019bed9b-f6cd-7b12-9433-ee6a72e6bb79_negatedLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilityAsset" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Total deferred tax loss related to AOCI</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxLiabilityAsset_019bed9d-8ed5-739c-a3b2-b6d9fd36fe13_periodStartLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance at the beginning of the period</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxLiabilityAsset_019bed9d-9c98-7276-bc2c-434b39b0f263_periodEndLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance at the end of the period</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred tax liability (asset)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxLiabilityAsset" xlink:to="lab_ifrs-full_DeferredTaxLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ReclassificationIntangibleAssetsAndGoodwill_019d635d-453e-7b20-ba35-d09de89f1824_negatedTerseLabel_en-US" xlink:label="lab_fmx_ReclassificationIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Reclassifications</link:label>
    <link:label id="lab_fmx_ReclassificationIntangibleAssetsAndGoodwill_label_en-US" xlink:label="lab_fmx_ReclassificationIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reclassification, Intangible Assets And Goodwill</link:label>
    <link:label id="lab_fmx_ReclassificationIntangibleAssetsAndGoodwill_documentation_en-US" xlink:label="lab_fmx_ReclassificationIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reclassification, Intangible Assets And Goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ReclassificationIntangibleAssetsAndGoodwill" xlink:href="fmx-20251231.xsd#fmx_ReclassificationIntangibleAssetsAndGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ReclassificationIntangibleAssetsAndGoodwill" xlink:to="lab_fmx_ReclassificationIntangibleAssetsAndGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentLiabilities_019b3310-03bf-7e74-aeb0-2518a290974b_totalLabel_en-US" xlink:label="lab_ifrs-full_CurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total current liabilities</link:label>
    <link:label id="lab_ifrs-full_CurrentLiabilities_019b3310-03bf-7a33-80bc-ac65dce9cecb_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total current liabilities</link:label>
    <link:label id="lab_ifrs-full_CurrentLiabilities_label_en-US" xlink:label="lab_ifrs-full_CurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentLiabilities" xlink:to="lab_ifrs-full_CurrentLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PercentageOfSharesTradedAsAmericanDepositaryShares_019b3310-03bf-78da-bdb7-ea10f4f0c65b_terseLabel_en-US" xlink:label="lab_fmx_PercentageOfSharesTradedAsAmericanDepositaryShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of shares traded as american depositary shares</link:label>
    <link:label id="lab_fmx_PercentageOfSharesTradedAsAmericanDepositaryShares_label_en-US" xlink:label="lab_fmx_PercentageOfSharesTradedAsAmericanDepositaryShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Shares Traded As American Depositary Shares</link:label>
    <link:label id="lab_fmx_PercentageOfSharesTradedAsAmericanDepositaryShares_documentation_en-US" xlink:label="lab_fmx_PercentageOfSharesTradedAsAmericanDepositaryShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The percentage of shares traded as American Depositary Shares (ADS).</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PercentageOfSharesTradedAsAmericanDepositaryShares" xlink:href="fmx-20251231.xsd#fmx_PercentageOfSharesTradedAsAmericanDepositaryShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PercentageOfSharesTradedAsAmericanDepositaryShares" xlink:to="lab_fmx_PercentageOfSharesTradedAsAmericanDepositaryShares" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BetweenFifteenAndTwentyThreeYearsMember_019b3310-03bf-78f9-b0fb-3c944eb5954e_terseLabel_en-US" xlink:label="lab_fmx_BetweenFifteenAndTwentyThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2043</link:label>
    <link:label id="lab_fmx_BetweenFifteenAndTwentyThreeYearsMember_label_en-US" xlink:label="lab_fmx_BetweenFifteenAndTwentyThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Between Fifteen And Twenty Three Years [Member]</link:label>
    <link:label id="lab_fmx_BetweenFifteenAndTwentyThreeYearsMember_documentation_en-US" xlink:label="lab_fmx_BetweenFifteenAndTwentyThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Between Fifteen And Twenty Three Years</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BetweenFifteenAndTwentyThreeYearsMember" xlink:href="fmx-20251231.xsd#fmx_BetweenFifteenAndTwentyThreeYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BetweenFifteenAndTwentyThreeYearsMember" xlink:to="lab_fmx_BetweenFifteenAndTwentyThreeYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowHedgesMember_019b3310-0271-7263-9be4-d42dcb859421_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowHedgesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flow hedges</link:label>
    <link:label id="lab_ifrs-full_CashFlowHedgesMember_label_en-US" xlink:label="lab_ifrs-full_CashFlowHedgesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flow hedges [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowHedgesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowHedgesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowHedgesMember" xlink:to="lab_ifrs-full_CashFlowHedgesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LitigationSettlementAmount_019b3310-03be-75d3-9b86-ee4687643e14_terseLabel_en-US" xlink:label="lab_fmx_LitigationSettlementAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Litigation amount</link:label>
    <link:label id="lab_fmx_LitigationSettlementAmount_label_en-US" xlink:label="lab_fmx_LitigationSettlementAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Litigation Settlement Amount</link:label>
    <link:label id="lab_fmx_LitigationSettlementAmount_documentation_en-US" xlink:label="lab_fmx_LitigationSettlementAmount" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Litigation settlement amount.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LitigationSettlementAmount" xlink:href="fmx-20251231.xsd#fmx_LitigationSettlementAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LitigationSettlementAmount" xlink:to="lab_fmx_LitigationSettlementAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfNonControllingInterestInConsolidatedSubsidiariesTable_019b3310-031f-7ca8-929c-f71685284b80_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfNonControllingInterestInConsolidatedSubsidiariesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Non Controlling Interest In Consolidated Subsidiaries [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfNonControllingInterestInConsolidatedSubsidiariesTable_label_en-US" xlink:label="lab_fmx_DisclosureOfNonControllingInterestInConsolidatedSubsidiariesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Non Controlling Interest In Consolidated Subsidiaries [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfNonControllingInterestInConsolidatedSubsidiariesTable_documentation_en-US" xlink:label="lab_fmx_DisclosureOfNonControllingInterestInConsolidatedSubsidiariesTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of non controlling interest in consolidated subsidiaries table.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfNonControllingInterestInConsolidatedSubsidiariesTable" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfNonControllingInterestInConsolidatedSubsidiariesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfNonControllingInterestInConsolidatedSubsidiariesTable" xlink:to="lab_fmx_DisclosureOfNonControllingInterestInConsolidatedSubsidiariesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsReceived_019b3310-031f-7a65-be52-d9a880068453_terseLabel_en-US" xlink:label="lab_ifrs-full_DividendsReceived" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends received</link:label>
    <link:label id="lab_ifrs-full_DividendsReceived_label_en-US" xlink:label="lab_ifrs-full_DividendsReceived" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends received</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsReceived" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsReceived"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsReceived" xlink:to="lab_ifrs-full_DividendsReceived" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AdvancesForInventories_019b3310-03bf-72ba-8c86-48817a8052af_terseLabel_en-US" xlink:label="lab_fmx_AdvancesForInventories" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances for inventories</link:label>
    <link:label id="lab_fmx_AdvancesForInventories_label_en-US" xlink:label="lab_fmx_AdvancesForInventories" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances For Inventories</link:label>
    <link:label id="lab_fmx_AdvancesForInventories_documentation_en-US" xlink:label="lab_fmx_AdvancesForInventories" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advances for inventories.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AdvancesForInventories" xlink:href="fmx-20251231.xsd#fmx_AdvancesForInventories"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AdvancesForInventories" xlink:to="lab_fmx_AdvancesForInventories" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_019b3310-031f-7cdf-8d9a-22395cafacfa_terseLabel_en-US" xlink:label="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain (loss) on hedge ineffectiveness recognised in profit or loss</link:label>
    <link:label id="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (loss) on hedge ineffectiveness recognised in profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss" xlink:to="lab_ifrs-full_GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeAndOtherReceivablesAbstract_label_en-US" xlink:label="lab_ifrs-full_TradeAndOtherReceivablesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade and other receivables [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeAndOtherReceivablesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherReceivablesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherReceivablesAbstract" xlink:to="lab_ifrs-full_TradeAndOtherReceivablesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfChangesInTaxLossCarryForwardsTableTextBlock_019b3310-03bf-7ce2-9d8b-fc092c3a41d0_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfChangesInTaxLossCarryForwardsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Changes in the Balance of Tax Loss Carryforwards</link:label>
    <link:label id="lab_fmx_DisclosureOfChangesInTaxLossCarryForwardsTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfChangesInTaxLossCarryForwardsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Changes In Tax Loss Carry-forwards [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfChangesInTaxLossCarryForwardsTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfChangesInTaxLossCarryForwardsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of changes in tax loss carry forwards.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfChangesInTaxLossCarryForwardsTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfChangesInTaxLossCarryForwardsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfChangesInTaxLossCarryForwardsTableTextBlock" xlink:to="lab_fmx_DisclosureOfChangesInTaxLossCarryForwardsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour_019b3310-0447-75e4-93f4-43f704fac98d_terseLabel_en-US" xlink:label="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2029</link:label>
    <link:label id="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour_label_en-US" xlink:label="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Expected Future Benefit Payment Year Four</link:label>
    <link:label id="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour_documentation_en-US" xlink:label="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Defined benefit plan expected future benefit payments year four.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour" xlink:href="fmx-20251231.xsd#fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour" xlink:to="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFour" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NumberOfAgreementsRelatedToIntangibleAssetsAfterRenewal_019b3310-03bf-7ea6-b837-cbf5929bbe85_terseLabel_en-US" xlink:label="lab_fmx_NumberOfAgreementsRelatedToIntangibleAssetsAfterRenewal" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of bottling agreements, after renewal</link:label>
    <link:label id="lab_fmx_NumberOfAgreementsRelatedToIntangibleAssetsAfterRenewal_label_en-US" xlink:label="lab_fmx_NumberOfAgreementsRelatedToIntangibleAssetsAfterRenewal" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Agreements Related To Intangible Assets After Renewal</link:label>
    <link:label id="lab_fmx_NumberOfAgreementsRelatedToIntangibleAssetsAfterRenewal_documentation_en-US" xlink:label="lab_fmx_NumberOfAgreementsRelatedToIntangibleAssetsAfterRenewal" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The number of agreements giving rise to intangible assets, after renewal process.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NumberOfAgreementsRelatedToIntangibleAssetsAfterRenewal" xlink:href="fmx-20251231.xsd#fmx_NumberOfAgreementsRelatedToIntangibleAssetsAfterRenewal"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NumberOfAgreementsRelatedToIntangibleAssetsAfterRenewal" xlink:to="lab_fmx_NumberOfAgreementsRelatedToIntangibleAssetsAfterRenewal" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ContinuingAndDiscontinuedOperationsAxis_019b3310-019e-7ac4-b073-5c6a4df4eb9d_terseLabel_en-US" xlink:label="lab_ifrs-full_ContinuingAndDiscontinuedOperationsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Continuing and discontinued operations [axis]</link:label>
    <link:label id="lab_ifrs-full_ContinuingAndDiscontinuedOperationsAxis_label_en-US" xlink:label="lab_ifrs-full_ContinuingAndDiscontinuedOperationsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Continuing and discontinued operations [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ContinuingAndDiscontinuedOperationsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ContinuingAndDiscontinuedOperationsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ContinuingAndDiscontinuedOperationsAxis" xlink:to="lab_ifrs-full_ContinuingAndDiscontinuedOperationsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DeferredTaxAssets_019b3310-0320-715e-88f4-b32c62fc14ba_terseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax assets</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxAssets_019b3310-0320-7473-b0de-7baea0e00caa_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxAssets" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax assets</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxAssets_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred tax assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxAssets" xlink:to="lab_ifrs-full_DeferredTaxAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Inventories_019b3310-03bf-7450-bbd3-5c8e0864e587_terseLabel_en-US" xlink:label="lab_ifrs-full_Inventories" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventories</link:label>
    <link:label id="lab_ifrs-full_Inventories_019bd0b5-6363-7e1e-8816-1e3a6dffc6e6_verboseLabel_en-US" xlink:label="lab_ifrs-full_Inventories" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Inventories</link:label>
    <link:label id="lab_ifrs-full_Inventories_019b3310-03bf-71c3-b8d4-222065b8968b_totalLabel_en-US" xlink:label="lab_ifrs-full_Inventories" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total inventories</link:label>
    <link:label id="lab_ifrs-full_Inventories_label_en-US" xlink:label="lab_ifrs-full_Inventories" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current inventories</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Inventories" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Inventories"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Inventories" xlink:to="lab_ifrs-full_Inventories" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncontrollingInterestsMember_019b3310-03bf-759c-b298-42077c3e8d67_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-controlling interest</link:label>
    <link:label id="lab_ifrs-full_NoncontrollingInterestsMember_label_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterestsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-controlling interests [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncontrollingInterestsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncontrollingInterestsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncontrollingInterestsMember" xlink:to="lab_ifrs-full_NoncontrollingInterestsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_019b3310-0272-7330-8ea2-d79741fd8847_terseLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-controlling interest</link:label>
    <link:label id="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_label_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive income, attributable to non-controlling interests</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:to="lab_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ValoraMember_019b3310-03be-748d-8c54-0ce41eb8ee92_terseLabel_en-US" xlink:label="lab_fmx_ValoraMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valora</link:label>
    <link:label id="lab_fmx_ValoraMember_label_en-US" xlink:label="lab_fmx_ValoraMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valora [Member]</link:label>
    <link:label id="lab_fmx_ValoraMember_documentation_en-US" xlink:label="lab_fmx_ValoraMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Valora</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ValoraMember" xlink:href="fmx-20251231.xsd#fmx_ValoraMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ValoraMember" xlink:to="lab_fmx_ValoraMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentAccountingStandard_019b3310-0320-7697-af23-067cbda4e433_terseLabel_en-US" xlink:label="lab_dei_DocumentAccountingStandard" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Accounting Standard</link:label>
    <link:label id="lab_dei_DocumentAccountingStandard_label_en-US" xlink:label="lab_dei_DocumentAccountingStandard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Accounting Standard</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentAccountingStandard" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentAccountingStandard"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentAccountingStandard" xlink:to="lab_dei_DocumentAccountingStandard" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PercentageOfBonusBasedOnEconomicValueAdded_019b3310-0320-7d9c-9a2c-c047c7661d53_terseLabel_en-US" xlink:label="lab_fmx_PercentageOfBonusBasedOnEconomicValueAdded" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of economic value added</link:label>
    <link:label id="lab_fmx_PercentageOfBonusBasedOnEconomicValueAdded_label_en-US" xlink:label="lab_fmx_PercentageOfBonusBasedOnEconomicValueAdded" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Bonus Based On Economic Value Added</link:label>
    <link:label id="lab_fmx_PercentageOfBonusBasedOnEconomicValueAdded_documentation_en-US" xlink:label="lab_fmx_PercentageOfBonusBasedOnEconomicValueAdded" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Of Bonus Based On Economic Value Added</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PercentageOfBonusBasedOnEconomicValueAdded" xlink:href="fmx-20251231.xsd#fmx_PercentageOfBonusBasedOnEconomicValueAdded"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PercentageOfBonusBasedOnEconomicValueAdded" xlink:to="lab_fmx_PercentageOfBonusBasedOnEconomicValueAdded" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PlantaNuevaEcologiaDeTabascoSADeCVMember_019b3310-03bf-7187-9085-dae4431e5764_terseLabel_en-US" xlink:label="lab_fmx_PlantaNuevaEcologiaDeTabascoSADeCVMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Planta Nueva Ecolog&#237;a de Tabasco, S.A. de C.V.</link:label>
    <link:label id="lab_fmx_PlantaNuevaEcologiaDeTabascoSADeCVMember_label_en-US" xlink:label="lab_fmx_PlantaNuevaEcologiaDeTabascoSADeCVMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Planta Nueva Ecologia De Tabasco, S.A de C.V. [Member]</link:label>
    <link:label id="lab_fmx_PlantaNuevaEcologiaDeTabascoSADeCVMember_documentation_en-US" xlink:label="lab_fmx_PlantaNuevaEcologiaDeTabascoSADeCVMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Planta Nueva Ecologia De tabasco, S.A de C.V</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PlantaNuevaEcologiaDeTabascoSADeCVMember" xlink:href="fmx-20251231.xsd#fmx_PlantaNuevaEcologiaDeTabascoSADeCVMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PlantaNuevaEcologiaDeTabascoSADeCVMember" xlink:to="lab_fmx_PlantaNuevaEcologiaDeTabascoSADeCVMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities_019b3310-0271-7e97-a652-0a3458faa86f_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisitions</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through obtaining or losing control of subsidiaries or other businesses, liabilities arising from financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughObtainingOrLosingControlOfSubsidiariesOrOtherBusinessesLiabilitiesArisingFromFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IFSTopCoLLCMember_019b3310-03bf-71a6-9112-7d4dff833d38_terseLabel_en-US" xlink:label="lab_fmx_IFSTopCoLLCMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">IFS TopCo LLC</link:label>
    <link:label id="lab_fmx_IFSTopCoLLCMember_label_en-US" xlink:label="lab_fmx_IFSTopCoLLCMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">IFS TopCo LLC [Member]</link:label>
    <link:label id="lab_fmx_IFSTopCoLLCMember_documentation_en-US" xlink:label="lab_fmx_IFSTopCoLLCMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">IFS TopCo LLC</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IFSTopCoLLCMember" xlink:href="fmx-20251231.xsd#fmx_IFSTopCoLLCMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IFSTopCoLLCMember" xlink:to="lab_fmx_IFSTopCoLLCMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfDetailInformationAboutEffectsOfInflationInHyperinflationaryEconomicEnvironmentExplanatory_019b3310-0272-72e4-b80a-7bfa3d79ddc7_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfDetailInformationAboutEffectsOfInflationInHyperinflationaryEconomicEnvironmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Disclosure of Recognition of Effects of Inflation in Countries with Hyperinflationary Economic Environments</link:label>
    <link:label id="lab_fmx_DisclosureOfDetailInformationAboutEffectsOfInflationInHyperinflationaryEconomicEnvironmentExplanatory_label_en-US" xlink:label="lab_fmx_DisclosureOfDetailInformationAboutEffectsOfInflationInHyperinflationaryEconomicEnvironmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detail information about effects of inflation in hyperinflationary economic environment [text block]</link:label>
    <link:label id="lab_fmx_DisclosureOfDetailInformationAboutEffectsOfInflationInHyperinflationaryEconomicEnvironmentExplanatory_documentation_en-US" xlink:label="lab_fmx_DisclosureOfDetailInformationAboutEffectsOfInflationInHyperinflationaryEconomicEnvironmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The detail disclosure about effects of inflation in hyperinflationary economic environment.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfDetailInformationAboutEffectsOfInflationInHyperinflationaryEconomicEnvironmentExplanatory" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfDetailInformationAboutEffectsOfInflationInHyperinflationaryEconomicEnvironmentExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfDetailInformationAboutEffectsOfInflationInHyperinflationaryEconomicEnvironmentExplanatory" xlink:to="lab_fmx_DisclosureOfDetailInformationAboutEffectsOfInflationInHyperinflationaryEconomicEnvironmentExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NinePointOneTwoPercentageDebtBondsMember_019cafb4-6d0c-7610-80e3-4268986db29b_terseLabel_en-US" xlink:label="lab_fmx_NinePointOneTwoPercentageDebtBondsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Nine Point One Two Percentage Debt Bonds</link:label>
    <link:label id="lab_fmx_NinePointOneTwoPercentageDebtBondsMember_label_en-US" xlink:label="lab_fmx_NinePointOneTwoPercentageDebtBondsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Nine Point One Two Percentage Debt Bonds [Member]</link:label>
    <link:label id="lab_fmx_NinePointOneTwoPercentageDebtBondsMember_documentation_en-US" xlink:label="lab_fmx_NinePointOneTwoPercentageDebtBondsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Nine Point One Two Percentage Debt Bonds</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NinePointOneTwoPercentageDebtBondsMember" xlink:href="fmx-20251231.xsd#fmx_NinePointOneTwoPercentageDebtBondsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NinePointOneTwoPercentageDebtBondsMember" xlink:to="lab_fmx_NinePointOneTwoPercentageDebtBondsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AmortizationOfGoodwillMember_019b3310-0272-7a4c-977b-6705a90ac432_terseLabel_en-US" xlink:label="lab_fmx_AmortizationOfGoodwillMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization of goodwill</link:label>
    <link:label id="lab_fmx_AmortizationOfGoodwillMember_label_en-US" xlink:label="lab_fmx_AmortizationOfGoodwillMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization Of Goodwill [Member]</link:label>
    <link:label id="lab_fmx_AmortizationOfGoodwillMember_documentation_en-US" xlink:label="lab_fmx_AmortizationOfGoodwillMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amortization of goodwill.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AmortizationOfGoodwillMember" xlink:href="fmx-20251231.xsd#fmx_AmortizationOfGoodwillMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AmortizationOfGoodwillMember" xlink:to="lab_fmx_AmortizationOfGoodwillMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainLossArisingFromDifferenceBetweenCarryingAmountOfFinancialLiabilityExtinguishedAndConsiderationPaid_019b3310-031f-7abf-a92b-7cf9909c59c9_terseLabel_en-US" xlink:label="lab_ifrs-full_GainLossArisingFromDifferenceBetweenCarryingAmountOfFinancialLiabilityExtinguishedAndConsiderationPaid" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tender Offer</link:label>
    <link:label id="lab_ifrs-full_GainLossArisingFromDifferenceBetweenCarryingAmountOfFinancialLiabilityExtinguishedAndConsiderationPaid_019bead6-68e3-7f8b-8b8b-70009431867d_verboseLabel_en-US" xlink:label="lab_ifrs-full_GainLossArisingFromDifferenceBetweenCarryingAmountOfFinancialLiabilityExtinguishedAndConsiderationPaid" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Gain (loss) arising from difference between carrying amount of financial liability extinguished and consideration paid</link:label>
    <link:label id="lab_ifrs-full_GainLossArisingFromDifferenceBetweenCarryingAmountOfFinancialLiabilityExtinguishedAndConsiderationPaid_label_en-US" xlink:label="lab_ifrs-full_GainLossArisingFromDifferenceBetweenCarryingAmountOfFinancialLiabilityExtinguishedAndConsiderationPaid" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (loss) arising from difference between carrying amount of financial liability extinguished and consideration paid</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainLossArisingFromDifferenceBetweenCarryingAmountOfFinancialLiabilityExtinguishedAndConsiderationPaid" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainLossArisingFromDifferenceBetweenCarryingAmountOfFinancialLiabilityExtinguishedAndConsiderationPaid"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainLossArisingFromDifferenceBetweenCarryingAmountOfFinancialLiabilityExtinguishedAndConsiderationPaid" xlink:to="lab_ifrs-full_GainLossArisingFromDifferenceBetweenCarryingAmountOfFinancialLiabilityExtinguishedAndConsiderationPaid" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LongTermBorrowingsBankOfNYFEMSAUSD2043Member_019b3310-0320-754d-991f-f92d9ed97cb4_terseLabel_en-US" xlink:label="lab_fmx_LongTermBorrowingsBankOfNYFEMSAUSD2043Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long term borrowings Bank of NY (FEMSA USD 2043)</link:label>
    <link:label id="lab_fmx_LongTermBorrowingsBankOfNYFEMSAUSD2043Member_label_en-US" xlink:label="lab_fmx_LongTermBorrowingsBankOfNYFEMSAUSD2043Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long Term Borrowings Bank Of NY (FEMSA USD 2043) [Member]</link:label>
    <link:label id="lab_fmx_LongTermBorrowingsBankOfNYFEMSAUSD2043Member_documentation_en-US" xlink:label="lab_fmx_LongTermBorrowingsBankOfNYFEMSAUSD2043Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Long term borrowings Bank of NY (FEMSA USD 2043).</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LongTermBorrowingsBankOfNYFEMSAUSD2043Member" xlink:href="fmx-20251231.xsd#fmx_LongTermBorrowingsBankOfNYFEMSAUSD2043Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LongTermBorrowingsBankOfNYFEMSAUSD2043Member" xlink:to="lab_fmx_LongTermBorrowingsBankOfNYFEMSAUSD2043Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems_019b3310-0320-798a-8d1c-a5c6515226b9_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Leases</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of quantitative information about right-of-use assets [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:to="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdditionalPaidinCapitalMember_019b3310-03bf-7891-aea5-ba095d62501d_terseLabel_en-US" xlink:label="lab_ifrs-full_AdditionalPaidinCapitalMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional paid-in capital</link:label>
    <link:label id="lab_ifrs-full_AdditionalPaidinCapitalMember_label_en-US" xlink:label="lab_ifrs-full_AdditionalPaidinCapitalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional paid-in capital [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdditionalPaidinCapitalMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionalPaidinCapitalMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdditionalPaidinCapitalMember" xlink:to="lab_ifrs-full_AdditionalPaidinCapitalMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_019b3310-0320-73bc-8f6d-fcb98cf902ae_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based payments arrangements</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for share-based payment transactions [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_RemeasurementOfNetDefinedEmployeeBenefitLiability_019b3310-0272-7879-8e2d-31b43f62ccd2_terseLabel_en-US" xlink:label="lab_fmx_RemeasurementOfNetDefinedEmployeeBenefitLiability" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remeasurements of the net defined benefit liability</link:label>
    <link:label id="lab_fmx_RemeasurementOfNetDefinedEmployeeBenefitLiability_label_en-US" xlink:label="lab_fmx_RemeasurementOfNetDefinedEmployeeBenefitLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Remeasurement Of Net Defined Employee Benefit Liability</link:label>
    <link:label id="lab_fmx_RemeasurementOfNetDefinedEmployeeBenefitLiability_documentation_en-US" xlink:label="lab_fmx_RemeasurementOfNetDefinedEmployeeBenefitLiability" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effect on deferred taxes of remeasurements of the net defined employee benefit liability.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_RemeasurementOfNetDefinedEmployeeBenefitLiability" xlink:href="fmx-20251231.xsd#fmx_RemeasurementOfNetDefinedEmployeeBenefitLiability"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_RemeasurementOfNetDefinedEmployeeBenefitLiability" xlink:to="lab_fmx_RemeasurementOfNetDefinedEmployeeBenefitLiability" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfChangesInEquityAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfChangesInEquityAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityAbstract" xlink:to="lab_ifrs-full_StatementOfChangesInEquityAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncomeFromOtherInvestments_019b3310-03be-7d32-9256-63c43676b62a_terseLabel_en-US" xlink:label="lab_fmx_IncomeFromOtherInvestments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other investments</link:label>
    <link:label id="lab_fmx_IncomeFromOtherInvestments_label_en-US" xlink:label="lab_fmx_IncomeFromOtherInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income From Other Investments</link:label>
    <link:label id="lab_fmx_IncomeFromOtherInvestments_documentation_en-US" xlink:label="lab_fmx_IncomeFromOtherInvestments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income From Other Investments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncomeFromOtherInvestments" xlink:href="fmx-20251231.xsd#fmx_IncomeFromOtherInvestments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncomeFromOtherInvestments" xlink:to="lab_fmx_IncomeFromOtherInvestments" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherIndefiniteLivedIntangibleAssetsMember_019b3310-019e-7984-9c76-a87cef10aca0_terseLabel_en-US" xlink:label="lab_fmx_OtherIndefiniteLivedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Indefinite Lived Intangible Assets</link:label>
    <link:label id="lab_fmx_OtherIndefiniteLivedIntangibleAssetsMember_label_en-US" xlink:label="lab_fmx_OtherIndefiniteLivedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Indefinite Lived Intangible Assets [Member]</link:label>
    <link:label id="lab_fmx_OtherIndefiniteLivedIntangibleAssetsMember_documentation_en-US" xlink:label="lab_fmx_OtherIndefiniteLivedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other indefinite lived intangible assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherIndefiniteLivedIntangibleAssetsMember" xlink:href="fmx-20251231.xsd#fmx_OtherIndefiniteLivedIntangibleAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherIndefiniteLivedIntangibleAssetsMember" xlink:to="lab_fmx_OtherIndefiniteLivedIntangibleAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RetainedEarnings_019b3310-03bf-708f-81a8-5669496dc465_terseLabel_en-US" xlink:label="lab_ifrs-full_RetainedEarnings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained earnings</link:label>
    <link:label id="lab_ifrs-full_RetainedEarnings_label_en-US" xlink:label="lab_ifrs-full_RetainedEarnings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained earnings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RetainedEarnings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RetainedEarnings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RetainedEarnings" xlink:to="lab_ifrs-full_RetainedEarnings" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MeasurementDomain_019b3310-03bf-744e-9080-1455204278fa_terseLabel_en-US" xlink:label="lab_ifrs-full_MeasurementDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Measurement [domain]</link:label>
    <link:label id="lab_ifrs-full_MeasurementDomain_label_en-US" xlink:label="lab_ifrs-full_MeasurementDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Measurement [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MeasurementDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MeasurementDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MeasurementDomain" xlink:to="lab_ifrs-full_MeasurementDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory_019b3310-03bf-75cf-8c9a-6007889f0aa5_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Preliminary Estimate of Fair Value of Net Assets Acquired and Reconciliation of Cash Flows</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about business combination [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBusinessCombinationsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DecreaseThroughDerecognitionFinancialAssets_019b3310-031f-7485-8f54-d507a1b09203_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DecreaseThroughDerecognitionFinancialAssets" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Disposal of businesses</link:label>
    <link:label id="lab_ifrs-full_DecreaseThroughDerecognitionFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_DecreaseThroughDerecognitionFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease through derecognition, financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DecreaseThroughDerecognitionFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DecreaseThroughDerecognitionFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DecreaseThroughDerecognitionFinancialAssets" xlink:to="lab_ifrs-full_DecreaseThroughDerecognitionFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset_019b3310-031f-73f8-afae-499e028701e2_negatedLabel_en-US" xlink:label="lab_ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Actuarial (gains) and losses arising from changes in financial assumptions</link:label>
    <link:label id="lab_ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease (increase) in net defined benefit liability (asset) resulting from actuarial gains (losses) arising from changes in financial assumptions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfChangesInForeignExchangeRatesExplanatory_019b3310-019e-73b3-8fa9-4ea407aa6f09_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfChangesInForeignExchangeRatesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Disclosure of Exchange Rates of Local Currencies Translated to Mexican Pesos</link:label>
    <link:label id="lab_fmx_DisclosureOfChangesInForeignExchangeRatesExplanatory_label_en-US" xlink:label="lab_fmx_DisclosureOfChangesInForeignExchangeRatesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Changes In Foreign Exchange Rates [text block]</link:label>
    <link:label id="lab_fmx_DisclosureOfChangesInForeignExchangeRatesExplanatory_documentation_en-US" xlink:label="lab_fmx_DisclosureOfChangesInForeignExchangeRatesExplanatory" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of changes in foreign exchange rates.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfChangesInForeignExchangeRatesExplanatory" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfChangesInForeignExchangeRatesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfChangesInForeignExchangeRatesExplanatory" xlink:to="lab_fmx_DisclosureOfChangesInForeignExchangeRatesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BiologicalAssetsByTypeDomain_019b3310-019e-7bc3-8d1d-c3cc33f43849_terseLabel_en-US" xlink:label="lab_ifrs-full_BiologicalAssetsByTypeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Biological assets by type [domain]</link:label>
    <link:label id="lab_ifrs-full_BiologicalAssetsByTypeDomain_label_en-US" xlink:label="lab_ifrs-full_BiologicalAssetsByTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Biological assets by type [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BiologicalAssetsByTypeDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BiologicalAssetsByTypeDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BiologicalAssetsByTypeDomain" xlink:to="lab_ifrs-full_BiologicalAssetsByTypeDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_Tenth12MonthsAndThereafterMember_019b3310-03bf-7ff5-9a3a-eb287e5bf66b_terseLabel_en-US" xlink:label="lab_fmx_Tenth12MonthsAndThereafterMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2035 and thereafter</link:label>
    <link:label id="lab_fmx_Tenth12MonthsAndThereafterMember_label_en-US" xlink:label="lab_fmx_Tenth12MonthsAndThereafterMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tenth 12 months and thereafter [Member]</link:label>
    <link:label id="lab_fmx_Tenth12MonthsAndThereafterMember_documentation_en-US" xlink:label="lab_fmx_Tenth12MonthsAndThereafterMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information pertaining to a time band of later than nine years.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_Tenth12MonthsAndThereafterMember" xlink:href="fmx-20251231.xsd#fmx_Tenth12MonthsAndThereafterMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_Tenth12MonthsAndThereafterMember" xlink:to="lab_fmx_Tenth12MonthsAndThereafterMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems_019b3310-0320-7389-ab7d-303f7d4b3c5c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_A3500SeniorUnsecuredNotesMember_019b3310-031f-7e7d-b8c5-527b89c36bb8_terseLabel_en-US" xlink:label="lab_fmx_A3500SeniorUnsecuredNotesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">3.500% Senior Unsecured Notes</link:label>
    <link:label id="lab_fmx_A3500SeniorUnsecuredNotesMember_label_en-US" xlink:label="lab_fmx_A3500SeniorUnsecuredNotesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">3.500% Senior Unsecured Notes [Member]</link:label>
    <link:label id="lab_fmx_A3500SeniorUnsecuredNotesMember_documentation_en-US" xlink:label="lab_fmx_A3500SeniorUnsecuredNotesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information pertaining to 3.500% Senior Unsecured Notes.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_A3500SeniorUnsecuredNotesMember" xlink:href="fmx-20251231.xsd#fmx_A3500SeniorUnsecuredNotesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_A3500SeniorUnsecuredNotesMember" xlink:to="lab_fmx_A3500SeniorUnsecuredNotesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BuildingsMember_019bcfa6-2833-71ec-a02e-9158981ffb0d_verboseLabel_en-US" xlink:label="lab_ifrs-full_BuildingsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Buildings</link:label>
    <link:label id="lab_ifrs-full_BuildingsMember_019b3310-019e-70ca-8d98-8ae7c11d5a40_terseLabel_en-US" xlink:label="lab_ifrs-full_BuildingsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Buildings</link:label>
    <link:label id="lab_ifrs-full_BuildingsMember_label_en-US" xlink:label="lab_ifrs-full_BuildingsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Buildings [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BuildingsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BuildingsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BuildingsMember" xlink:to="lab_ifrs-full_BuildingsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DonationsToITESMMember_019b3310-0320-7c34-abd3-f21fac2cb6b5_terseLabel_en-US" xlink:label="lab_fmx_DonationsToITESMMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Donations to ITESM</link:label>
    <link:label id="lab_fmx_DonationsToITESMMember_label_en-US" xlink:label="lab_fmx_DonationsToITESMMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Donations to ITESM [Member]</link:label>
    <link:label id="lab_fmx_DonationsToITESMMember_documentation_en-US" xlink:label="lab_fmx_DonationsToITESMMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Donations to ITESM.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DonationsToITESMMember" xlink:href="fmx-20251231.xsd#fmx_DonationsToITESMMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DonationsToITESMMember" xlink:to="lab_fmx_DonationsToITESMMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfDetailedInformationAboutKeyAssumptionsByCGUForImpairmentTestTableTextBlock_019b3310-03bf-7ec5-b40b-562e4efe059d_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfDetailedInformationAboutKeyAssumptionsByCGUForImpairmentTestTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Details of Key Assumptions by CGU for Impairment Test</link:label>
    <link:label id="lab_fmx_DisclosureOfDetailedInformationAboutKeyAssumptionsByCGUForImpairmentTestTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfDetailedInformationAboutKeyAssumptionsByCGUForImpairmentTestTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Detailed Information About Key Assumptions By CGU For Impairment Test [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfDetailedInformationAboutKeyAssumptionsByCGUForImpairmentTestTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfDetailedInformationAboutKeyAssumptionsByCGUForImpairmentTestTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about key assumptions by CGU for impairment test.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfDetailedInformationAboutKeyAssumptionsByCGUForImpairmentTestTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfDetailedInformationAboutKeyAssumptionsByCGUForImpairmentTestTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfDetailedInformationAboutKeyAssumptionsByCGUForImpairmentTestTableTextBlock" xlink:to="lab_fmx_DisclosureOfDetailedInformationAboutKeyAssumptionsByCGUForImpairmentTestTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SugarMember_019b3310-031f-743e-88d1-9643675c0be2_terseLabel_en-US" xlink:label="lab_fmx_SugarMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sugar</link:label>
    <link:label id="lab_fmx_SugarMember_label_en-US" xlink:label="lab_fmx_SugarMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sugar [Member]</link:label>
    <link:label id="lab_fmx_SugarMember_documentation_en-US" xlink:label="lab_fmx_SugarMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sugar.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SugarMember" xlink:href="fmx-20251231.xsd#fmx_SugarMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SugarMember" xlink:to="lab_fmx_SugarMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncreaseThroughPurchaseOfFinancialInstruments_019b3310-03bf-7f35-a60d-8ab26929bb6b_terseLabel_en-US" xlink:label="lab_fmx_IncreaseThroughPurchaseOfFinancialInstruments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial instruments &#8211; purchases</link:label>
    <link:label id="lab_fmx_IncreaseThroughPurchaseOfFinancialInstruments_label_en-US" xlink:label="lab_fmx_IncreaseThroughPurchaseOfFinancialInstruments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase Through Purchase Of Financial Instruments</link:label>
    <link:label id="lab_fmx_IncreaseThroughPurchaseOfFinancialInstruments_documentation_en-US" xlink:label="lab_fmx_IncreaseThroughPurchaseOfFinancialInstruments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of increase through purchase of financial instruments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncreaseThroughPurchaseOfFinancialInstruments" xlink:href="fmx-20251231.xsd#fmx_IncreaseThroughPurchaseOfFinancialInstruments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncreaseThroughPurchaseOfFinancialInstruments" xlink:to="lab_fmx_IncreaseThroughPurchaseOfFinancialInstruments" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted_019b3310-0320-7d6f-ba16-026fbe629e92_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares acquired by the administrative trust to employees (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted_label_en-US" xlink:label="lab_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of other equity instruments granted in share-based payment arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" xlink:to="lab_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfRisksDomain_019b3310-0272-7203-a907-3e9560091aef_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfRisksDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of risks [domain]</link:label>
    <link:label id="lab_ifrs-full_TypesOfRisksDomain_label_en-US" xlink:label="lab_ifrs-full_TypesOfRisksDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of risks [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfRisksDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfRisksDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfRisksDomain" xlink:to="lab_ifrs-full_TypesOfRisksDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfAmountsAndTypesOfSecuritiesInRelatedPartiesIncludedInPortfolioFundTableTextBlock_019b3310-0447-7c74-a544-c187532a0a72_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfAmountsAndTypesOfSecuritiesInRelatedPartiesIncludedInPortfolioFundTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Amounts and Types of Securities in Related Parties Included in Portfolio Fund</link:label>
    <link:label id="lab_fmx_DisclosureOfAmountsAndTypesOfSecuritiesInRelatedPartiesIncludedInPortfolioFundTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfAmountsAndTypesOfSecuritiesInRelatedPartiesIncludedInPortfolioFundTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Amounts And Types Of Securities In Related Parties Included In Portfolio Fund [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfAmountsAndTypesOfSecuritiesInRelatedPartiesIncludedInPortfolioFundTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfAmountsAndTypesOfSecuritiesInRelatedPartiesIncludedInPortfolioFundTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of amounts and types of securities in related parties included in portfolio fund.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfAmountsAndTypesOfSecuritiesInRelatedPartiesIncludedInPortfolioFundTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfAmountsAndTypesOfSecuritiesInRelatedPartiesIncludedInPortfolioFundTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfAmountsAndTypesOfSecuritiesInRelatedPartiesIncludedInPortfolioFundTableTextBlock" xlink:to="lab_fmx_DisclosureOfAmountsAndTypesOfSecuritiesInRelatedPartiesIncludedInPortfolioFundTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables_019b3310-019e-78bf-82dc-b1d250242d69_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade accounts receivable and other current assets</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for decrease (increase) in trade and other receivables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xlink:to="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_LegalEntityAxis_019b3310-0320-7e20-af67-7e9b5515a2b4_terseLabel_en-US" xlink:label="lab_dei_LegalEntityAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Legal Entity [Axis]</link:label>
    <link:label id="lab_dei_LegalEntityAxis_label_en-US" xlink:label="lab_dei_LegalEntityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Legal Entity [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LegalEntityAxis" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_LegalEntityAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LegalEntityAxis" xlink:to="lab_dei_LegalEntityAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LongTermAlcoholLicensesMember_019b3310-03bf-7452-9743-5eec04a0e646_terseLabel_en-US" xlink:label="lab_fmx_LongTermAlcoholLicensesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term alcohol licenses</link:label>
    <link:label id="lab_fmx_LongTermAlcoholLicensesMember_label_en-US" xlink:label="lab_fmx_LongTermAlcoholLicensesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-Term Alcohol Licenses [Member]</link:label>
    <link:label id="lab_fmx_LongTermAlcoholLicensesMember_documentation_en-US" xlink:label="lab_fmx_LongTermAlcoholLicensesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Long term alcohol licenses.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LongTermAlcoholLicensesMember" xlink:href="fmx-20251231.xsd#fmx_LongTermAlcoholLicensesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LongTermAlcoholLicensesMember" xlink:to="lab_fmx_LongTermAlcoholLicensesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfDetailedInformationOfCashAndCashEquivalentsExplanatoryTableTextBlock_019b3310-0320-79ee-be63-018e68929fa5_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfDetailedInformationOfCashAndCashEquivalentsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Cash and Cash Equivalents</link:label>
    <link:label id="lab_fmx_DisclosureOfDetailedInformationOfCashAndCashEquivalentsExplanatoryTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfDetailedInformationOfCashAndCashEquivalentsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Detailed Information Of Cash And Cash Equivalents Explanatory [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfDetailedInformationOfCashAndCashEquivalentsExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfDetailedInformationOfCashAndCashEquivalentsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information of cash and cash equivalents explanatory.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfDetailedInformationOfCashAndCashEquivalentsExplanatoryTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfDetailedInformationOfCashAndCashEquivalentsExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfDetailedInformationOfCashAndCashEquivalentsExplanatoryTableTextBlock" xlink:to="lab_fmx_DisclosureOfDetailedInformationOfCashAndCashEquivalentsExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_InterestPaidDerivedFromLeasesFinancingActivities_019b3310-0447-7c14-83be-6e5ff6278336_negatedLabel_en-US" xlink:label="lab_fmx_InterestPaidDerivedFromLeasesFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Interest paid on leases liabilities</link:label>
    <link:label id="lab_fmx_InterestPaidDerivedFromLeasesFinancingActivities_label_en-US" xlink:label="lab_fmx_InterestPaidDerivedFromLeasesFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Paid Derived From Leases Financing Activities</link:label>
    <link:label id="lab_fmx_InterestPaidDerivedFromLeasesFinancingActivities_documentation_en-US" xlink:label="lab_fmx_InterestPaidDerivedFromLeasesFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest paid derived from leases financing activities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_InterestPaidDerivedFromLeasesFinancingActivities" xlink:href="fmx-20251231.xsd#fmx_InterestPaidDerivedFromLeasesFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_InterestPaidDerivedFromLeasesFinancingActivities" xlink:to="lab_fmx_InterestPaidDerivedFromLeasesFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis_019b3310-0271-77be-9338-b0913212cea9_terseLabel_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsidiaries [axis]</link:label>
    <link:label id="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis_label_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsidiaries [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:to="lab_ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CocaColaFEMSAMember_019bccc2-b494-75c7-95b3-c72a0395684e_verboseLabel_en-US" xlink:label="lab_fmx_CocaColaFEMSAMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Coca-Cola FEMSA, S.A.B. de C.V. and subsidiaries (&#8220;Coca-Cola FEMSA&#8221;)</link:label>
    <link:label id="lab_fmx_CocaColaFEMSAMember_019b3310-0272-7e3d-8c57-7b02e59d81ba_terseLabel_en-US" xlink:label="lab_fmx_CocaColaFEMSAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Coca-Cola&#160;FEMSA</link:label>
    <link:label id="lab_fmx_CocaColaFEMSAMember_label_en-US" xlink:label="lab_fmx_CocaColaFEMSAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Coca-Cola FEMSA [Member]</link:label>
    <link:label id="lab_fmx_CocaColaFEMSAMember_documentation_en-US" xlink:label="lab_fmx_CocaColaFEMSAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Coca- Cola FEMSA.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CocaColaFEMSAMember" xlink:href="fmx-20251231.xsd#fmx_CocaColaFEMSAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CocaColaFEMSAMember" xlink:to="lab_fmx_CocaColaFEMSAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SupplementalCashFlowInformationAbstractAbstract_019b3310-03bf-7095-83f4-22f2ac0ccd8c_terseLabel_en-US" xlink:label="lab_fmx_SupplementalCashFlowInformationAbstractAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplemental Cash Flow Information Abstract [Abstract]</link:label>
    <link:label id="lab_fmx_SupplementalCashFlowInformationAbstractAbstract_label_en-US" xlink:label="lab_fmx_SupplementalCashFlowInformationAbstractAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Supplemental Cash Flow Information Abstract [Abstract]</link:label>
    <link:label id="lab_fmx_SupplementalCashFlowInformationAbstractAbstract_documentation_en-US" xlink:label="lab_fmx_SupplementalCashFlowInformationAbstractAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Supplemental Cash Flow Information Abstract</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SupplementalCashFlowInformationAbstractAbstract" xlink:href="fmx-20251231.xsd#fmx_SupplementalCashFlowInformationAbstractAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SupplementalCashFlowInformationAbstractAbstract" xlink:to="lab_fmx_SupplementalCashFlowInformationAbstractAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LicensesCurrent_019b3310-019e-7692-8fb0-e2ca8e71d1df_terseLabel_en-US" xlink:label="lab_fmx_LicensesCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Licenses</link:label>
    <link:label id="lab_fmx_LicensesCurrent_label_en-US" xlink:label="lab_fmx_LicensesCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Licenses, Current</link:label>
    <link:label id="lab_fmx_LicensesCurrent_documentation_en-US" xlink:label="lab_fmx_LicensesCurrent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Licenses, Current</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LicensesCurrent" xlink:href="fmx-20251231.xsd#fmx_LicensesCurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LicensesCurrent" xlink:to="lab_fmx_LicensesCurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PercentageOfIncomeToBeTransferredToReserve_019caf79-f2a9-79cf-b823-f50674f4c8aa_terseLabel_en-US" xlink:label="lab_fmx_PercentageOfIncomeToBeTransferredToReserve" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transferred to a legal reserve</link:label>
    <link:label id="lab_fmx_PercentageOfIncomeToBeTransferredToReserve_label_en-US" xlink:label="lab_fmx_PercentageOfIncomeToBeTransferredToReserve" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Income To Be Transferred To Reserve</link:label>
    <link:label id="lab_fmx_PercentageOfIncomeToBeTransferredToReserve_documentation_en-US" xlink:label="lab_fmx_PercentageOfIncomeToBeTransferredToReserve" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Of Income To Be Transferred To Reserve</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PercentageOfIncomeToBeTransferredToReserve" xlink:href="fmx-20251231.xsd#fmx_PercentageOfIncomeToBeTransferredToReserve"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PercentageOfIncomeToBeTransferredToReserve" xlink:to="lab_fmx_PercentageOfIncomeToBeTransferredToReserve" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfDiscountRatesMember_019b3310-03bf-70be-957f-ead4da545b89_terseLabel_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Actuarial assumption of discount rates</link:label>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfDiscountRatesMember_label_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Actuarial assumption of discount rates [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionOfDiscountRatesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" xlink:to="lab_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_SegmentGeographicalDomain_019b3310-0272-719d-919d-69fd18798ea0_terseLabel_en-US" xlink:label="lab_srt_SegmentGeographicalDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical [Domain]</link:label>
    <link:label id="lab_srt_SegmentGeographicalDomain_label_en-US" xlink:label="lab_srt_SegmentGeographicalDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_SegmentGeographicalDomain" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_SegmentGeographicalDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_SegmentGeographicalDomain" xlink:to="lab_srt_SegmentGeographicalDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesTable_019b3310-031f-72cf-9b7a-380054dec2da_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of financial liabilities [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial liabilities [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialLiabilitiesTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialLiabilitiesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialLiabilitiesTable" xlink:to="lab_ifrs-full_DisclosureOfFinancialLiabilitiesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ComprehensiveIncomeNetOfTaxFromContinuingOperations_019b3310-0320-7ede-ad38-ebf5d3776284_terseLabel_en-US" xlink:label="lab_fmx_ComprehensiveIncomeNetOfTaxFromContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidated comprehensive income for the year, net of tax</link:label>
    <link:label id="lab_fmx_ComprehensiveIncomeNetOfTaxFromContinuingOperations_label_en-US" xlink:label="lab_fmx_ComprehensiveIncomeNetOfTaxFromContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income Net Of Tax From Continuing Operations</link:label>
    <link:label id="lab_fmx_ComprehensiveIncomeNetOfTaxFromContinuingOperations_documentation_en-US" xlink:label="lab_fmx_ComprehensiveIncomeNetOfTaxFromContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Comprehensive income net of tax from continuing operations.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ComprehensiveIncomeNetOfTaxFromContinuingOperations" xlink:href="fmx-20251231.xsd#fmx_ComprehensiveIncomeNetOfTaxFromContinuingOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ComprehensiveIncomeNetOfTaxFromContinuingOperations" xlink:to="lab_fmx_ComprehensiveIncomeNetOfTaxFromContinuingOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InvestmentPropertyAbstract_label_en-US" xlink:label="lab_ifrs-full_InvestmentPropertyAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment property [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InvestmentPropertyAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InvestmentPropertyAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InvestmentPropertyAbstract" xlink:to="lab_ifrs-full_InvestmentPropertyAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ProceedsOfOtherContributionEquityInvestments_019d96fa-007f-7225-ba5c-c9c3e53c22b6_terseLabel_en-US" xlink:label="lab_fmx_ProceedsOfOtherContributionEquityInvestments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other equity investments</link:label>
    <link:label id="lab_fmx_ProceedsOfOtherContributionEquityInvestments_label_en-US" xlink:label="lab_fmx_ProceedsOfOtherContributionEquityInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds Of Other Contribution Equity Investments</link:label>
    <link:label id="lab_fmx_ProceedsOfOtherContributionEquityInvestments_documentation_en-US" xlink:label="lab_fmx_ProceedsOfOtherContributionEquityInvestments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds Of Other Contribution Equity Investments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ProceedsOfOtherContributionEquityInvestments" xlink:href="fmx-20251231.xsd#fmx_ProceedsOfOtherContributionEquityInvestments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ProceedsOfOtherContributionEquityInvestments" xlink:to="lab_fmx_ProceedsOfOtherContributionEquityInvestments" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset_019b3310-03bf-7e28-b42c-ef0acc683d9f_negatedLabel_en-US" xlink:label="lab_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Actuarial (gains) and losses arising from changes in demographic assumptions</link:label>
    <link:label id="lab_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease (increase) in net defined benefit liability (asset) resulting from actuarial gains (losses) arising from changes in demographic assumptions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedTable_019b3310-031f-7e38-85d9-6139cc71d1c4_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets that are either past due or impaired [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets that are either past due or impaired [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedTable" xlink:to="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GeographicalAreasAxis_019b3310-031f-7a6b-bdf1-90c9f53f4be1_terseLabel_en-US" xlink:label="lab_ifrs-full_GeographicalAreasAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical areas [axis]</link:label>
    <link:label id="lab_ifrs-full_GeographicalAreasAxis_label_en-US" xlink:label="lab_ifrs-full_GeographicalAreasAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical areas [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GeographicalAreasAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GeographicalAreasAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GeographicalAreasAxis" xlink:to="lab_ifrs-full_GeographicalAreasAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NetDefinedBenefitLiabilityAssetDomain_019b3310-03bf-7ba5-86c3-6afe090deedf_terseLabel_en-US" xlink:label="lab_ifrs-full_NetDefinedBenefitLiabilityAssetDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net defined benefit liability (asset) [domain]</link:label>
    <link:label id="lab_ifrs-full_NetDefinedBenefitLiabilityAssetDomain_label_en-US" xlink:label="lab_ifrs-full_NetDefinedBenefitLiabilityAssetDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net defined benefit liability (asset) [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NetDefinedBenefitLiabilityAssetDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetDefinedBenefitLiabilityAssetDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetDefinedBenefitLiabilityAssetDomain" xlink:to="lab_ifrs-full_NetDefinedBenefitLiabilityAssetDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_country_VE_019b3310-019e-7bb6-a1ea-d5151f35b6d3_terseLabel_en-US" xlink:label="lab_country_VE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Venezuela</link:label>
    <link:label id="lab_country_VE_label_en-US" xlink:label="lab_country_VE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">VENEZUELA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_VE" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_VE"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_VE" xlink:to="lab_country_VE" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory_019b3310-03be-7553-b7a6-79ba2e73ded1_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of investments other than investments accounted for using equity method [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:to="lab_ifrs-full_DisclosureOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityTable_019b3310-03bf-7c64-87d6-3736d8bde9bc_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of intangible assets material to entity [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of intangible assets material to entity [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityTable" xlink:to="lab_ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_FixedToVariableInterestRateMember_019b3310-0272-7a15-8522-344a4470fde8_terseLabel_en-US" xlink:label="lab_fmx_FixedToVariableInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fixed to variable interest rate</link:label>
    <link:label id="lab_fmx_FixedToVariableInterestRateMember_label_en-US" xlink:label="lab_fmx_FixedToVariableInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fixed To Variable Interest Rate [Member]</link:label>
    <link:label id="lab_fmx_FixedToVariableInterestRateMember_documentation_en-US" xlink:label="lab_fmx_FixedToVariableInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fixed to variable interest rate.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_FixedToVariableInterestRateMember" xlink:href="fmx-20251231.xsd#fmx_FixedToVariableInterestRateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_FixedToVariableInterestRateMember" xlink:to="lab_fmx_FixedToVariableInterestRateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LaterThanFiveYearsAndNotLaterThanSixYearsMember_019beda3-bba1-79e1-bcfa-286d4f412f98_terseLabel_en-US" xlink:label="lab_fmx_LaterThanFiveYearsAndNotLaterThanSixYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2031</link:label>
    <link:label id="lab_fmx_LaterThanFiveYearsAndNotLaterThanSixYearsMember_label_en-US" xlink:label="lab_fmx_LaterThanFiveYearsAndNotLaterThanSixYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later Than Five Years And Not Later Than Six Years [Member]</link:label>
    <link:label id="lab_fmx_LaterThanFiveYearsAndNotLaterThanSixYearsMember_documentation_en-US" xlink:label="lab_fmx_LaterThanFiveYearsAndNotLaterThanSixYearsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Later Than Five Years And Not Later Than Six Years</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LaterThanFiveYearsAndNotLaterThanSixYearsMember" xlink:href="fmx-20251231.xsd#fmx_LaterThanFiveYearsAndNotLaterThanSixYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LaterThanFiveYearsAndNotLaterThanSixYearsMember" xlink:to="lab_fmx_LaterThanFiveYearsAndNotLaterThanSixYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TaxExpenseIncomeContinuedOperations_019bcc36-754e-7316-bd57-303a328430d6_verboseLabel_en-US" xlink:label="lab_fmx_TaxExpenseIncomeContinuedOperations" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Income taxes</link:label>
    <link:label id="lab_fmx_TaxExpenseIncomeContinuedOperations_label_en-US" xlink:label="lab_fmx_TaxExpenseIncomeContinuedOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax Expense (Income) Continued Operations</link:label>
    <link:label id="lab_fmx_TaxExpenseIncomeContinuedOperations_documentation_en-US" xlink:label="lab_fmx_TaxExpenseIncomeContinuedOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tax Expense (Income) Continued Operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TaxExpenseIncomeContinuedOperations" xlink:href="fmx-20251231.xsd#fmx_TaxExpenseIncomeContinuedOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TaxExpenseIncomeContinuedOperations" xlink:to="lab_fmx_TaxExpenseIncomeContinuedOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentLeaseLiabilities_019b3310-0320-750a-8a72-49c4bacf9f97_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current portion lease liabilities</link:label>
    <link:label id="lab_ifrs-full_NoncurrentLeaseLiabilities_019b3310-0320-7296-9224-eaa7cb4e0f89_verboseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Non-Current</link:label>
    <link:label id="lab_ifrs-full_NoncurrentLeaseLiabilities_label_en-US" xlink:label="lab_ifrs-full_NoncurrentLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentLeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentLeaseLiabilities" xlink:to="lab_ifrs-full_NoncurrentLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfRevenueFromContractsWithCustomersExplanatory_019b3310-0271-7143-b9cf-757ac26479cd_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfRevenueFromContractsWithCustomersExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfRevenueFromContractsWithCustomersExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfRevenueFromContractsWithCustomersExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of revenue from contracts with customers [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfRevenueFromContractsWithCustomersExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfRevenueFromContractsWithCustomersExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfRevenueFromContractsWithCustomersExplanatory" xlink:to="lab_ifrs-full_DisclosureOfRevenueFromContractsWithCustomersExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityCommonStockSharesOutstanding_019b3310-03bf-74bf-8c6b-0bbef5d5b367_terseLabel_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
    <link:label id="lab_dei_EntityCommonStockSharesOutstanding_label_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCommonStockSharesOutstanding" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCommonStockSharesOutstanding"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCommonStockSharesOutstanding" xlink:to="lab_dei_EntityCommonStockSharesOutstanding" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_GainsLossesOnDisposalOfSubsidiary_019b3310-031f-7322-a562-be112ab1ec2c_terseLabel_en-US" xlink:label="lab_fmx_GainsLossesOnDisposalOfSubsidiary" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gains (losses) on disposal of subsidiary</link:label>
    <link:label id="lab_fmx_GainsLossesOnDisposalOfSubsidiary_label_en-US" xlink:label="lab_fmx_GainsLossesOnDisposalOfSubsidiary" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (Losses) On Disposal Of Subsidiary</link:label>
    <link:label id="lab_fmx_GainsLossesOnDisposalOfSubsidiary_documentation_en-US" xlink:label="lab_fmx_GainsLossesOnDisposalOfSubsidiary" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gains (Losses) On Disposal Of Subsidiary</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_GainsLossesOnDisposalOfSubsidiary" xlink:href="fmx-20251231.xsd#fmx_GainsLossesOnDisposalOfSubsidiary"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_GainsLossesOnDisposalOfSubsidiary" xlink:to="lab_fmx_GainsLossesOnDisposalOfSubsidiary" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncreaseDecreaseInCashAndCashEquivalentsContinuedOperations_019b3310-0320-742b-b225-2c7b94022601_totalLabel_en-US" xlink:label="lab_fmx_IncreaseDecreaseInCashAndCashEquivalentsContinuedOperations" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">(Decrease) increase in cash and cash equivalents</link:label>
    <link:label id="lab_fmx_IncreaseDecreaseInCashAndCashEquivalentsContinuedOperations_label_en-US" xlink:label="lab_fmx_IncreaseDecreaseInCashAndCashEquivalentsContinuedOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase Decrease In Cash And Cash Equivalents Continued Operations</link:label>
    <link:label id="lab_fmx_IncreaseDecreaseInCashAndCashEquivalentsContinuedOperations_documentation_en-US" xlink:label="lab_fmx_IncreaseDecreaseInCashAndCashEquivalentsContinuedOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase decrease in cash and cash equivalents continued operations.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncreaseDecreaseInCashAndCashEquivalentsContinuedOperations" xlink:href="fmx-20251231.xsd#fmx_IncreaseDecreaseInCashAndCashEquivalentsContinuedOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncreaseDecreaseInCashAndCashEquivalentsContinuedOperations" xlink:to="lab_fmx_IncreaseDecreaseInCashAndCashEquivalentsContinuedOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DeferredTaxAssetsRelatingToProvisions_019b3310-0320-7128-b2d0-63ca8c9f9fef_terseLabel_en-US" xlink:label="lab_fmx_DeferredTaxAssetsRelatingToProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax provision for the period</link:label>
    <link:label id="lab_fmx_DeferredTaxAssetsRelatingToProvisions_label_en-US" xlink:label="lab_fmx_DeferredTaxAssetsRelatingToProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred tax assets relating to provisions</link:label>
    <link:label id="lab_fmx_DeferredTaxAssetsRelatingToProvisions_documentation_en-US" xlink:label="lab_fmx_DeferredTaxAssetsRelatingToProvisions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred tax assets relating to provisions.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DeferredTaxAssetsRelatingToProvisions" xlink:href="fmx-20251231.xsd#fmx_DeferredTaxAssetsRelatingToProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DeferredTaxAssetsRelatingToProvisions" xlink:to="lab_fmx_DeferredTaxAssetsRelatingToProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentFinStmtErrorCorrectionFlag_019b3310-03bf-7a4a-a673-6c3ba919effa_terseLabel_en-US" xlink:label="lab_dei_DocumentFinStmtErrorCorrectionFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Financial Statement Error Correction [Flag]</link:label>
    <link:label id="lab_dei_DocumentFinStmtErrorCorrectionFlag_label_en-US" xlink:label="lab_dei_DocumentFinStmtErrorCorrectionFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Financial Statement Error Correction [Flag]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFinStmtErrorCorrectionFlag" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFinStmtErrorCorrectionFlag"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFinStmtErrorCorrectionFlag" xlink:to="lab_dei_DocumentFinStmtErrorCorrectionFlag" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentDerivativeFinancialLiabilities_019b3310-03bf-71d9-8390-f0bbba025426_netLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Derivative financial instruments</link:label>
    <link:label id="lab_ifrs-full_NoncurrentDerivativeFinancialLiabilities_label_en-US" xlink:label="lab_ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current derivative financial liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentDerivativeFinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:to="lab_ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CumulativeInflationPercentage_019b3310-0272-772f-98ae-45e1c7698969_terseLabel_en-US" xlink:label="lab_fmx_CumulativeInflationPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cumulative inflation percentage, actual, during the period</link:label>
    <link:label id="lab_fmx_CumulativeInflationPercentage_label_en-US" xlink:label="lab_fmx_CumulativeInflationPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cumulative Inflation Percentage</link:label>
    <link:label id="lab_fmx_CumulativeInflationPercentage_documentation_en-US" xlink:label="lab_fmx_CumulativeInflationPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cumulative inflation percentage, actual, during the three-year period.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CumulativeInflationPercentage" xlink:href="fmx-20251231.xsd#fmx_CumulativeInflationPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CumulativeInflationPercentage" xlink:to="lab_fmx_CumulativeInflationPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TradedSecuritiesMember_019b3310-031f-75b1-9fb8-6e384350790a_terseLabel_en-US" xlink:label="lab_fmx_TradedSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Traded securities</link:label>
    <link:label id="lab_fmx_TradedSecuritiesMember_label_en-US" xlink:label="lab_fmx_TradedSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Traded Securities [Member]</link:label>
    <link:label id="lab_fmx_TradedSecuritiesMember_documentation_en-US" xlink:label="lab_fmx_TradedSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Traded securities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TradedSecuritiesMember" xlink:href="fmx-20251231.xsd#fmx_TradedSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TradedSecuritiesMember" xlink:to="lab_fmx_TradedSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AccumulatedOtherComprehensiveIncomeMember_019b3310-0320-7637-9eb2-8d743fa08009_terseLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated other comprehensive income</link:label>
    <link:label id="lab_ifrs-full_AccumulatedOtherComprehensiveIncomeMember_label_en-US" xlink:label="lab_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated other comprehensive income [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccumulatedOtherComprehensiveIncomeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:to="lab_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1_019b3310-03bf-7c3e-9a50-1976b0f71247_terseLabel_en-US" xlink:label="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2026</link:label>
    <link:label id="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1_label_en-US" xlink:label="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months1</link:label>
    <link:label id="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1_documentation_en-US" xlink:label="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Defined benefit plan expected future benefit payments next twelve months.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1" xlink:href="fmx-20251231.xsd#fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1" xlink:to="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths1" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SegmentsDomain_019b3310-019e-79d9-80f6-4941766ace92_terseLabel_en-US" xlink:label="lab_ifrs-full_SegmentsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segments [domain]</link:label>
    <link:label id="lab_ifrs-full_SegmentsDomain_label_en-US" xlink:label="lab_ifrs-full_SegmentsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segments [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SegmentsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SegmentsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SegmentsDomain" xlink:to="lab_ifrs-full_SegmentsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_019b3310-0271-70e8-8a6f-f55ef0775f78_terseLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_019b3310-0271-7b93-a2bd-e74889b9d86c_periodStartLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents at the beginning of the period</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_019b3310-0271-772f-a434-aa02de3991d6_periodEndLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents at the end of the period</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_019bd0b5-16e0-7ee2-b88e-0b403eefbb55_verboseLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_019b3310-0271-725c-a80b-158f0fa15aa1_totalLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashAndCashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashAndCashEquivalents" xlink:to="lab_ifrs-full_CashAndCashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SeniorNotesMaturing2043Member_019b3310-03bf-7f22-98ba-bdeec2981e7d_terseLabel_en-US" xlink:label="lab_fmx_SeniorNotesMaturing2043Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Notes Maturing 2043</link:label>
    <link:label id="lab_fmx_SeniorNotesMaturing2043Member_label_en-US" xlink:label="lab_fmx_SeniorNotesMaturing2043Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Notes Maturing 2043 [Member]</link:label>
    <link:label id="lab_fmx_SeniorNotesMaturing2043Member_documentation_en-US" xlink:label="lab_fmx_SeniorNotesMaturing2043Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Notes Maturing 2043</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SeniorNotesMaturing2043Member" xlink:href="fmx-20251231.xsd#fmx_SeniorNotesMaturing2043Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SeniorNotesMaturing2043Member" xlink:to="lab_fmx_SeniorNotesMaturing2043Member" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LeaoAllimentosEBebidasLTDAMember_019b3310-0272-767a-b8c9-b7fa49be4f65_terseLabel_en-US" xlink:label="lab_fmx_LeaoAllimentosEBebidasLTDAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Leao Alimentos e Bebidas, L.T.D.A.</link:label>
    <link:label id="lab_fmx_LeaoAllimentosEBebidasLTDAMember_label_en-US" xlink:label="lab_fmx_LeaoAllimentosEBebidasLTDAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Leao Allimentos e Bebidas, LTDA [Member]</link:label>
    <link:label id="lab_fmx_LeaoAllimentosEBebidasLTDAMember_documentation_en-US" xlink:label="lab_fmx_LeaoAllimentosEBebidasLTDAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Leao Alimentos e Bebidas, LTDA.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LeaoAllimentosEBebidasLTDAMember" xlink:href="fmx-20251231.xsd#fmx_LeaoAllimentosEBebidasLTDAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LeaoAllimentosEBebidasLTDAMember" xlink:to="lab_fmx_LeaoAllimentosEBebidasLTDAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesTableTextBlock_019b3310-0320-7d51-90f2-9c0c2eb09e2f_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Company's Share of Other Comprehensive Income from Equity Investees, Net of Taxes</link:label>
    <link:label id="lab_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Entitys Share Of Other Comprehensive Income From Equity Investees [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of entitys share of other comprehensive income from equity investees.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesTableTextBlock" xlink:to="lab_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PXAndMEGContractsMember_019b3310-0272-7994-9892-11b49f2aae18_terseLabel_en-US" xlink:label="lab_fmx_PXAndMEGContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">PX MEG contracts</link:label>
    <link:label id="lab_fmx_PXAndMEGContractsMember_label_en-US" xlink:label="lab_fmx_PXAndMEGContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">PX And MEG Contracts [Member]</link:label>
    <link:label id="lab_fmx_PXAndMEGContractsMember_documentation_en-US" xlink:label="lab_fmx_PXAndMEGContractsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">PX MEG contracts.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PXAndMEGContractsMember" xlink:href="fmx-20251231.xsd#fmx_PXAndMEGContractsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PXAndMEGContractsMember" xlink:to="lab_fmx_PXAndMEGContractsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfOrdinarySharesAxis_019b3310-0272-7526-9cce-d5559e41953f_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfOrdinarySharesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of ordinary shares [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfOrdinarySharesAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfOrdinarySharesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of ordinary shares [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfOrdinarySharesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfOrdinarySharesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfOrdinarySharesAxis" xlink:to="lab_ifrs-full_ClassesOfOrdinarySharesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_COPUSDMember_019b3310-0320-77c5-a92f-0f4195061f4d_terseLabel_en-US" xlink:label="lab_fmx_COPUSDMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">COP/USD</link:label>
    <link:label id="lab_fmx_COPUSDMember_label_en-US" xlink:label="lab_fmx_COPUSDMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">COP/USD [Member]</link:label>
    <link:label id="lab_fmx_COPUSDMember_documentation_en-US" xlink:label="lab_fmx_COPUSDMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information pertaining to currency exchanges between Colombian Peso and US Dollar.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_COPUSDMember" xlink:href="fmx-20251231.xsd#fmx_COPUSDMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_COPUSDMember" xlink:to="lab_fmx_COPUSDMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentInformationTable_019b3310-019e-77dc-946e-6de40285cd9f_terseLabel_en-US" xlink:label="lab_dei_DocumentInformationTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Information [Table]</link:label>
    <link:label id="lab_dei_DocumentInformationTable_label_en-US" xlink:label="lab_dei_DocumentInformationTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Information [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentInformationTable" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentInformationTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentInformationTable" xlink:to="lab_dei_DocumentInformationTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslation_019b3310-0271-7e2e-8041-da462c7e9928_terseLabel_en-US" xlink:label="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange differences on translation foreign operation</link:label>
    <link:label id="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslation_label_en-US" xlink:label="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserve of exchange differences on translation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReserveOfExchangeDifferencesOnTranslation" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReserveOfExchangeDifferencesOnTranslation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReserveOfExchangeDifferencesOnTranslation" xlink:to="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslation" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_A185SeniorNotesMaturing2032Member_019b3310-03bf-7edc-bbd7-6312b7787db2_terseLabel_en-US" xlink:label="lab_fmx_A185SeniorNotesMaturing2032Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">1.85% Senior Notes Maturing 2032</link:label>
    <link:label id="lab_fmx_A185SeniorNotesMaturing2032Member_label_en-US" xlink:label="lab_fmx_A185SeniorNotesMaturing2032Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">1.85% Senior Notes Maturing 2032 [Member]</link:label>
    <link:label id="lab_fmx_A185SeniorNotesMaturing2032Member_documentation_en-US" xlink:label="lab_fmx_A185SeniorNotesMaturing2032Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information pertaining to One Point Eight Five Percentage Senior Notes Maturing On First of September, Two Thousand Thirty Two.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_A185SeniorNotesMaturing2032Member" xlink:href="fmx-20251231.xsd#fmx_A185SeniorNotesMaturing2032Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_A185SeniorNotesMaturing2032Member" xlink:to="lab_fmx_A185SeniorNotesMaturing2032Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems_019b3310-0320-7e48-a031-3618a79806f1_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TotalJointVenturesMember_019b3310-0447-749b-b6c2-c4c092111339_terseLabel_en-US" xlink:label="lab_fmx_TotalJointVenturesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Joint Ventures</link:label>
    <link:label id="lab_fmx_TotalJointVenturesMember_label_en-US" xlink:label="lab_fmx_TotalJointVenturesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Joint Ventures [Member]</link:label>
    <link:label id="lab_fmx_TotalJointVenturesMember_documentation_en-US" xlink:label="lab_fmx_TotalJointVenturesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Joint Ventures</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TotalJointVenturesMember" xlink:href="fmx-20251231.xsd#fmx_TotalJointVenturesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TotalJointVenturesMember" xlink:to="lab_fmx_TotalJointVenturesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BradyIFSMember_019b3310-03bf-74c7-9c4c-cceb3615012c_terseLabel_en-US" xlink:label="lab_fmx_BradyIFSMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">BradyIFS</link:label>
    <link:label id="lab_fmx_BradyIFSMember_label_en-US" xlink:label="lab_fmx_BradyIFSMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">BradyIFS [Member]</link:label>
    <link:label id="lab_fmx_BradyIFSMember_documentation_en-US" xlink:label="lab_fmx_BradyIFSMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">BradyIFS</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BradyIFSMember" xlink:href="fmx-20251231.xsd#fmx_BradyIFSMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BradyIFSMember" xlink:to="lab_fmx_BradyIFSMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TemporaryNonDeductibleProvisionMember_019b3310-031f-78ff-b624-1160033d14e4_terseLabel_en-US" xlink:label="lab_fmx_TemporaryNonDeductibleProvisionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provisions</link:label>
    <link:label id="lab_fmx_TemporaryNonDeductibleProvisionMember_label_en-US" xlink:label="lab_fmx_TemporaryNonDeductibleProvisionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Temporary non-deductible provision [Member]</link:label>
    <link:label id="lab_fmx_TemporaryNonDeductibleProvisionMember_documentation_en-US" xlink:label="lab_fmx_TemporaryNonDeductibleProvisionMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Temporary non deductible provision.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TemporaryNonDeductibleProvisionMember" xlink:href="fmx-20251231.xsd#fmx_TemporaryNonDeductibleProvisionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TemporaryNonDeductibleProvisionMember" xlink:to="lab_fmx_TemporaryNonDeductibleProvisionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendPayables_019b3310-031f-72b2-9f7e-67a9cbae2a35_terseLabel_en-US" xlink:label="lab_ifrs-full_DividendPayables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividend approved to be paid</link:label>
    <link:label id="lab_ifrs-full_DividendPayables_label_en-US" xlink:label="lab_ifrs-full_DividendPayables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividend payables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendPayables" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendPayables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendPayables" xlink:to="lab_ifrs-full_DividendPayables" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_019b3310-0272-7dc1-9fb7-dfb4abe820a3_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Detailed Information About Borrowings</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_019b3310-03bf-720c-91f1-edfdc1eab4cc_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Transaction with Related Parties</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of transactions between related parties [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_FinancialInstrumentsAbstract_019b3310-03bf-7607-8669-a126d34e86b1_terseLabel_en-US" xlink:label="lab_fmx_FinancialInstrumentsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Instruments [Abstract]</link:label>
    <link:label id="lab_fmx_FinancialInstrumentsAbstract_label_en-US" xlink:label="lab_fmx_FinancialInstrumentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Instruments [Abstract]</link:label>
    <link:label id="lab_fmx_FinancialInstrumentsAbstract_documentation_en-US" xlink:label="lab_fmx_FinancialInstrumentsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Instruments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_FinancialInstrumentsAbstract" xlink:href="fmx-20251231.xsd#fmx_FinancialInstrumentsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_FinancialInstrumentsAbstract" xlink:to="lab_fmx_FinancialInstrumentsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityAndLiabilities_019b3310-0272-7da4-bef4-d792023c7a27_totalLabel_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">TOTAL LIABILITIES AND EQUITY</link:label>
    <link:label id="lab_ifrs-full_EquityAndLiabilities_label_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity and liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAndLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAndLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAndLiabilities" xlink:to="lab_ifrs-full_EquityAndLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AmortizationExpenseReportedInAdministrativeExpenses_019b3310-0320-7f13-8bff-7e91ba4dcee7_terseLabel_en-US" xlink:label="lab_fmx_AmortizationExpenseReportedInAdministrativeExpenses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Administrative expenses</link:label>
    <link:label id="lab_fmx_AmortizationExpenseReportedInAdministrativeExpenses_label_en-US" xlink:label="lab_fmx_AmortizationExpenseReportedInAdministrativeExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization Expense Reported In Administrative Expenses</link:label>
    <link:label id="lab_fmx_AmortizationExpenseReportedInAdministrativeExpenses_documentation_en-US" xlink:label="lab_fmx_AmortizationExpenseReportedInAdministrativeExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amortization expense reported in administrative expenses.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AmortizationExpenseReportedInAdministrativeExpenses" xlink:href="fmx-20251231.xsd#fmx_AmortizationExpenseReportedInAdministrativeExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AmortizationExpenseReportedInAdministrativeExpenses" xlink:to="lab_fmx_AmortizationExpenseReportedInAdministrativeExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_country_US_019b3310-03bf-7b6b-8f24-dd0c9111c77b_terseLabel_en-US" xlink:label="lab_country_US" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">United States</link:label>
    <link:label id="lab_country_US_label_en-US" xlink:label="lab_country_US" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">UNITED STATES</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_US" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_US"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_US" xlink:to="lab_country_US" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_019b3310-0272-73b5-b445-d557cfc4c2a0_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effects of changes in foreign exchange rates</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through net exchange differences, other provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentAbstract_label_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, plant and equipment [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:to="lab_ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_country_UY_019b3310-0271-7392-91a5-e9a135b7aab2_terseLabel_en-US" xlink:label="lab_country_UY" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Uruguay</link:label>
    <link:label id="lab_country_UY_label_en-US" xlink:label="lab_country_UY" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">URUGUAY</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_UY" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_UY"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_UY" xlink:to="lab_country_UY" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BusinessCombinationsAxis_019b3310-0272-78d9-a0d7-d56672a8bb2a_terseLabel_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business combinations [axis]</link:label>
    <link:label id="lab_ifrs-full_BusinessCombinationsAxis_label_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business combinations [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BusinessCombinationsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BusinessCombinationsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BusinessCombinationsAxis" xlink:to="lab_ifrs-full_BusinessCombinationsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PaymentsOfOtherEquityInstruments_019d2a52-6384-760b-8e3e-5d85daa8ae4a_terseLabel_en-US" xlink:label="lab_ifrs-full_PaymentsOfOtherEquityInstruments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated losses recognized</link:label>
    <link:label id="lab_ifrs-full_PaymentsOfOtherEquityInstruments_label_en-US" xlink:label="lab_ifrs-full_PaymentsOfOtherEquityInstruments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of other equity instruments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PaymentsOfOtherEquityInstruments" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PaymentsOfOtherEquityInstruments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PaymentsOfOtherEquityInstruments" xlink:to="lab_ifrs-full_PaymentsOfOtherEquityInstruments" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Provisions_019b3310-0320-772f-a234-0139b09a5f01_terseLabel_en-US" xlink:label="lab_ifrs-full_Provisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provisions</link:label>
    <link:label id="lab_ifrs-full_Provisions_019b3310-0320-7dc3-901f-54eccd1fcadb_verboseLabel_en-US" xlink:label="lab_ifrs-full_Provisions" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Provisions</link:label>
    <link:label id="lab_ifrs-full_Provisions_019b3310-0320-7d2c-b255-743fd62b376b_periodStartLabel_en-US" xlink:label="lab_ifrs-full_Provisions" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance at beginning of the period</link:label>
    <link:label id="lab_ifrs-full_Provisions_019b3310-0320-7042-a062-a145ac4e52a3_periodEndLabel_en-US" xlink:label="lab_ifrs-full_Provisions" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance at end of the period</link:label>
    <link:label id="lab_ifrs-full_Provisions_label_en-US" xlink:label="lab_ifrs-full_Provisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Provisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Provisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Provisions" xlink:to="lab_ifrs-full_Provisions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LandAndBuildingsMember_019b3310-0271-7c66-a035-5390d30f4ec3_terseLabel_en-US" xlink:label="lab_ifrs-full_LandAndBuildingsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Land and buildings</link:label>
    <link:label id="lab_ifrs-full_LandAndBuildingsMember_label_en-US" xlink:label="lab_ifrs-full_LandAndBuildingsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Land and buildings [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LandAndBuildingsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LandAndBuildingsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LandAndBuildingsMember" xlink:to="lab_ifrs-full_LandAndBuildingsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NoExpirationMember_019b3310-031f-74fb-85ec-4f46bc4e59f3_terseLabel_en-US" xlink:label="lab_fmx_NoExpirationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">No expiration (Brazil and Colombia)</link:label>
    <link:label id="lab_fmx_NoExpirationMember_label_en-US" xlink:label="lab_fmx_NoExpirationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">No expiration [Member]</link:label>
    <link:label id="lab_fmx_NoExpirationMember_documentation_en-US" xlink:label="lab_fmx_NoExpirationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information pertaining to time band that is undetermined, such as for disclosures with no expiration date.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NoExpirationMember" xlink:href="fmx-20251231.xsd#fmx_NoExpirationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NoExpirationMember" xlink:to="lab_fmx_NoExpirationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BusinessCombinationsDomain_019b3310-031f-7c4b-84c8-d0c12cfd8ae7_terseLabel_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business combinations [domain]</link:label>
    <link:label id="lab_ifrs-full_BusinessCombinationsDomain_label_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business combinations [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BusinessCombinationsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BusinessCombinationsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BusinessCombinationsDomain" xlink:to="lab_ifrs-full_BusinessCombinationsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsRightofuseAssets_019b3310-03be-73e5-93e6-2fc1c05c006d_terseLabel_en-US" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions from business combinations</link:label>
    <link:label id="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsRightofuseAssets_label_en-US" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisitions through business combinations, right-of-use assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AcquisitionsThroughBusinessCombinationsRightofuseAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsRightofuseAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AcquisitionsThroughBusinessCombinationsRightofuseAssets" xlink:to="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsRightofuseAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ForeignExchangeCurrencyRiskMember_019b3310-03bf-7de1-929b-83eaf3debff1_terseLabel_en-US" xlink:label="lab_fmx_ForeignExchangeCurrencyRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign exchange currency risk</link:label>
    <link:label id="lab_fmx_ForeignExchangeCurrencyRiskMember_label_en-US" xlink:label="lab_fmx_ForeignExchangeCurrencyRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign Exchange Currency Risk [Member]</link:label>
    <link:label id="lab_fmx_ForeignExchangeCurrencyRiskMember_documentation_en-US" xlink:label="lab_fmx_ForeignExchangeCurrencyRiskMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Foreign exchange currency risk.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ForeignExchangeCurrencyRiskMember" xlink:href="fmx-20251231.xsd#fmx_ForeignExchangeCurrencyRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ForeignExchangeCurrencyRiskMember" xlink:to="lab_fmx_ForeignExchangeCurrencyRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_A736DebtMaturingOn2028Member_019b3310-031f-7c8c-884c-69a705be111e_terseLabel_en-US" xlink:label="lab_fmx_A736DebtMaturingOn2028Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">7.36% Debt maturing on 2028</link:label>
    <link:label id="lab_fmx_A736DebtMaturingOn2028Member_label_en-US" xlink:label="lab_fmx_A736DebtMaturingOn2028Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">7.36% Debt maturing on 2028 [Member]</link:label>
    <link:label id="lab_fmx_A736DebtMaturingOn2028Member_documentation_en-US" xlink:label="lab_fmx_A736DebtMaturingOn2028Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">It pertains to 7.36% short term loan maturing on year 2028.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_A736DebtMaturingOn2028Member" xlink:href="fmx-20251231.xsd#fmx_A736DebtMaturingOn2028Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_A736DebtMaturingOn2028Member" xlink:to="lab_fmx_A736DebtMaturingOn2028Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems_019b3310-03bf-77b9-a5bf-6138de3e9dc2_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of analysis of single amount of discontinued operations [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of analysis of single amount of discontinued operations [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems" xlink:to="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LaterThanSixYearsAndNotLaterThanSevenYearsMember_019beda4-bc35-7a26-9f00-b5542edd994d_terseLabel_en-US" xlink:label="lab_fmx_LaterThanSixYearsAndNotLaterThanSevenYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2032</link:label>
    <link:label id="lab_fmx_LaterThanSixYearsAndNotLaterThanSevenYearsMember_label_en-US" xlink:label="lab_fmx_LaterThanSixYearsAndNotLaterThanSevenYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later Than Six Years And Not Later Than Seven Years [Member]</link:label>
    <link:label id="lab_fmx_LaterThanSixYearsAndNotLaterThanSevenYearsMember_documentation_en-US" xlink:label="lab_fmx_LaterThanSixYearsAndNotLaterThanSevenYearsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Later Than Six Years And Not Later Than Seven Years</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LaterThanSixYearsAndNotLaterThanSevenYearsMember" xlink:href="fmx-20251231.xsd#fmx_LaterThanSixYearsAndNotLaterThanSevenYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LaterThanSixYearsAndNotLaterThanSevenYearsMember" xlink:to="lab_fmx_LaterThanSixYearsAndNotLaterThanSevenYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_A1.9VariableTo5.3FixedInterestRateMember_019b3310-0320-7e0a-8b4f-5dfcc12b6f66_terseLabel_en-US" xlink:label="lab_fmx_A1.9VariableTo5.3FixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">1.9% variable to 5.3% fixed interest rate</link:label>
    <link:label id="lab_fmx_A1.9VariableTo5.3FixedInterestRateMember_label_en-US" xlink:label="lab_fmx_A1.9VariableTo5.3FixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">1.9% Variable To 5.3% Fixed Interest Rate [Member]</link:label>
    <link:label id="lab_fmx_A1.9VariableTo5.3FixedInterestRateMember_documentation_en-US" xlink:label="lab_fmx_A1.9VariableTo5.3FixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">1.9% Variable To 5.3% Fixed Interest Rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_A1.9VariableTo5.3FixedInterestRateMember" xlink:href="fmx-20251231.xsd#fmx_A1.9VariableTo5.3FixedInterestRateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_A1.9VariableTo5.3FixedInterestRateMember" xlink:to="lab_fmx_A1.9VariableTo5.3FixedInterestRateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NoncontrollingInterestInAcquisitionsOfBusinessDisposal_019cffb7-6622-76f7-a2b6-4015976aa368_negatedTerseLabel_en-US" xlink:label="lab_fmx_NoncontrollingInterestInAcquisitionsOfBusinessDisposal" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Disposal of business</link:label>
    <link:label id="lab_fmx_NoncontrollingInterestInAcquisitionsOfBusinessDisposal_label_en-US" xlink:label="lab_fmx_NoncontrollingInterestInAcquisitionsOfBusinessDisposal" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest In Acquisitions Of Business Disposal</link:label>
    <link:label id="lab_fmx_NoncontrollingInterestInAcquisitionsOfBusinessDisposal_documentation_en-US" xlink:label="lab_fmx_NoncontrollingInterestInAcquisitionsOfBusinessDisposal" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Noncontrolling Interest In Acquisitions Of Business Disposal</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NoncontrollingInterestInAcquisitionsOfBusinessDisposal" xlink:href="fmx-20251231.xsd#fmx_NoncontrollingInterestInAcquisitionsOfBusinessDisposal"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NoncontrollingInterestInAcquisitionsOfBusinessDisposal" xlink:to="lab_fmx_NoncontrollingInterestInAcquisitionsOfBusinessDisposal" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NetBenefitCostRecognizedInConsolidatedStatementsOfOtherComprehensiveIncomeMemberMember_019b3310-019e-707a-93ef-d82184a6394a_terseLabel_en-US" xlink:label="lab_fmx_NetBenefitCostRecognizedInConsolidatedStatementsOfOtherComprehensiveIncomeMemberMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net benefit cost recognized in consolidated statements of other comprehensive income</link:label>
    <link:label id="lab_fmx_NetBenefitCostRecognizedInConsolidatedStatementsOfOtherComprehensiveIncomeMemberMember_label_en-US" xlink:label="lab_fmx_NetBenefitCostRecognizedInConsolidatedStatementsOfOtherComprehensiveIncomeMemberMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Benefit Cost Recognized In Consolidated Statements Of Other Comprehensive Income Member [Member]</link:label>
    <link:label id="lab_fmx_NetBenefitCostRecognizedInConsolidatedStatementsOfOtherComprehensiveIncomeMemberMember_documentation_en-US" xlink:label="lab_fmx_NetBenefitCostRecognizedInConsolidatedStatementsOfOtherComprehensiveIncomeMemberMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net Benefit Cost Recognized In Consolidated Statements Of Other Comprehensive Income.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NetBenefitCostRecognizedInConsolidatedStatementsOfOtherComprehensiveIncomeMemberMember" xlink:href="fmx-20251231.xsd#fmx_NetBenefitCostRecognizedInConsolidatedStatementsOfOtherComprehensiveIncomeMemberMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NetBenefitCostRecognizedInConsolidatedStatementsOfOtherComprehensiveIncomeMemberMember" xlink:to="lab_fmx_NetBenefitCostRecognizedInConsolidatedStatementsOfOtherComprehensiveIncomeMemberMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CostOfInventoriesRecognisedAsExpenseDuringPeriod_019b3310-0272-7b8b-bd3a-d44126948dd5_totalLabel_en-US" xlink:label="lab_ifrs-full_CostOfInventoriesRecognisedAsExpenseDuringPeriod" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ifrs-full_CostOfInventoriesRecognisedAsExpenseDuringPeriod_label_en-US" xlink:label="lab_ifrs-full_CostOfInventoriesRecognisedAsExpenseDuringPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost of inventories recognised as expense during period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CostOfInventoriesRecognisedAsExpenseDuringPeriod" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CostOfInventoriesRecognisedAsExpenseDuringPeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CostOfInventoriesRecognisedAsExpenseDuringPeriod" xlink:to="lab_ifrs-full_CostOfInventoriesRecognisedAsExpenseDuringPeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RawMaterialsAndConsumablesUsed_019b3310-0320-7a2b-b8e5-d73bd0cc2bf5_terseLabel_en-US" xlink:label="lab_ifrs-full_RawMaterialsAndConsumablesUsed" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Raw materials and consumables used</link:label>
    <link:label id="lab_ifrs-full_RawMaterialsAndConsumablesUsed_019beb3a-d9d2-708b-8816-5bd1708d9236_verboseLabel_en-US" xlink:label="lab_ifrs-full_RawMaterialsAndConsumablesUsed" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Purchases of&#160;Raw&#160;Materials</link:label>
    <link:label id="lab_ifrs-full_RawMaterialsAndConsumablesUsed_label_en-US" xlink:label="lab_ifrs-full_RawMaterialsAndConsumablesUsed" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Raw materials and consumables used</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RawMaterialsAndConsumablesUsed" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RawMaterialsAndConsumablesUsed"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RawMaterialsAndConsumablesUsed" xlink:to="lab_ifrs-full_RawMaterialsAndConsumablesUsed" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PercentageOfFundAssets_019b3310-03bf-750c-9e68-77c08c6ce533_terseLabel_en-US" xlink:label="lab_fmx_PercentageOfFundAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fund assets, percentage</link:label>
    <link:label id="lab_fmx_PercentageOfFundAssets_label_en-US" xlink:label="lab_fmx_PercentageOfFundAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Fund Assets</link:label>
    <link:label id="lab_fmx_PercentageOfFundAssets_documentation_en-US" xlink:label="lab_fmx_PercentageOfFundAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of fund assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PercentageOfFundAssets" xlink:href="fmx-20251231.xsd#fmx_PercentageOfFundAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PercentageOfFundAssets" xlink:to="lab_fmx_PercentageOfFundAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_RevenueFromSales_019b3310-031f-7910-8e14-7e5b2632ac76_terseLabel_en-US" xlink:label="lab_fmx_RevenueFromSales" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net sales</link:label>
    <link:label id="lab_fmx_RevenueFromSales_019bd0dd-d62a-7472-a673-9773036c3170_verboseLabel_en-US" xlink:label="lab_fmx_RevenueFromSales" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net sales</link:label>
    <link:label id="lab_fmx_RevenueFromSales_label_en-US" xlink:label="lab_fmx_RevenueFromSales" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue From Sales</link:label>
    <link:label id="lab_fmx_RevenueFromSales_documentation_en-US" xlink:label="lab_fmx_RevenueFromSales" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of revenue from contracts with customers that is in the form of sales of goods or services.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_RevenueFromSales" xlink:href="fmx-20251231.xsd#fmx_RevenueFromSales"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_RevenueFromSales" xlink:to="lab_fmx_RevenueFromSales" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_JointVenturesDomain_019b3310-0271-70c3-9852-5e29d69057ab_terseLabel_en-US" xlink:label="lab_ifrs-full_JointVenturesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Joint ventures [domain]</link:label>
    <link:label id="lab_ifrs-full_JointVenturesDomain_label_en-US" xlink:label="lab_ifrs-full_JointVenturesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Joint ventures [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_JointVenturesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_JointVenturesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_JointVenturesDomain" xlink:to="lab_ifrs-full_JointVenturesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory_019b3310-03bf-7fb4-a9a5-fb69a57bc3be_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity method accounted investees</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for investment in associates and joint ventures [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInDeferredTaxLiabilityAsset_019b3310-0320-7d5c-b54c-a4d77c2dca86_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInDeferredTaxLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Related discontinued operations</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInDeferredTaxLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInDeferredTaxLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in deferred tax liability (asset)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInDeferredTaxLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInDeferredTaxLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInDeferredTaxLiabilityAsset" xlink:to="lab_ifrs-full_IncreaseDecreaseInDeferredTaxLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_019b3310-0320-770c-a42c-67efca456a84_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign exchange income (loss)</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through effect of changes in foreign exchange rates, liabilities arising from financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesTable_019b3310-0271-7401-9d9c-c7174393a7bd_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Entitys Share Of Other Comprehensive Income From Equity Investees [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesTable_label_en-US" xlink:label="lab_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Entitys Share Of Other Comprehensive Income From Equity Investees [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesTable_documentation_en-US" xlink:label="lab_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hypercube of entitys share of other comprehensive income from equity investees.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesTable" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesTable" xlink:to="lab_fmx_DisclosureOfEntitysShareOfOtherComprehensiveIncomeFromEquityInvesteesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TreasuryLockContractsMember_019b3310-03bf-7f51-b3da-2dc200680037_terseLabel_en-US" xlink:label="lab_fmx_TreasuryLockContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Treasury Lock contracts</link:label>
    <link:label id="lab_fmx_TreasuryLockContractsMember_label_en-US" xlink:label="lab_fmx_TreasuryLockContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Treasury Lock Contracts [Member]</link:label>
    <link:label id="lab_fmx_TreasuryLockContractsMember_documentation_en-US" xlink:label="lab_fmx_TreasuryLockContractsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Treasury Lock Contracts</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TreasuryLockContractsMember" xlink:href="fmx-20251231.xsd#fmx_TreasuryLockContractsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TreasuryLockContractsMember" xlink:to="lab_fmx_TreasuryLockContractsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory_019b3310-0320-708d-a13c-130f06cc4cb7_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Component of Equity and Analysis of Other Comprehensive Income</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedging instruments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestRateRiskMember_019b3310-0320-7dc5-8ed4-2b10cba2a27f_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestRateRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest rate risk</link:label>
    <link:label id="lab_ifrs-full_InterestRateRiskMember_label_en-US" xlink:label="lab_ifrs-full_InterestRateRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest rate risk [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestRateRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestRateRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestRateRiskMember" xlink:to="lab_ifrs-full_InterestRateRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CityAreaCode_019b3310-031f-7127-bc09-55f0bdda2687_terseLabel_en-US" xlink:label="lab_dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">City Area Code</link:label>
    <link:label id="lab_dei_CityAreaCode_label_en-US" xlink:label="lab_dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">City Area Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CityAreaCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CityAreaCode" xlink:to="lab_dei_CityAreaCode" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfSignificantAccountingPoliciesTable_019b3310-0320-7d5c-a707-13367956fde3_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfSignificantAccountingPoliciesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of significant accounting policies [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfSignificantAccountingPoliciesTable_label_en-US" xlink:label="lab_fmx_DisclosureOfSignificantAccountingPoliciesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of significant accounting policies [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfSignificantAccountingPoliciesTable_documentation_en-US" xlink:label="lab_fmx_DisclosureOfSignificantAccountingPoliciesTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of significant accounting policies [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfSignificantAccountingPoliciesTable" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfSignificantAccountingPoliciesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfSignificantAccountingPoliciesTable" xlink:to="lab_fmx_DisclosureOfSignificantAccountingPoliciesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DerivativeFinancialInstrumentsMember_019b3310-0272-746a-8999-0fdb3e8a9da5_terseLabel_en-US" xlink:label="lab_fmx_DerivativeFinancialInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative financial instruments</link:label>
    <link:label id="lab_fmx_DerivativeFinancialInstrumentsMember_label_en-US" xlink:label="lab_fmx_DerivativeFinancialInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Financial Instruments [Member]</link:label>
    <link:label id="lab_fmx_DerivativeFinancialInstrumentsMember_documentation_en-US" xlink:label="lab_fmx_DerivativeFinancialInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information pertaining to derivative financial instruments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DerivativeFinancialInstrumentsMember" xlink:href="fmx-20251231.xsd#fmx_DerivativeFinancialInstrumentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DerivativeFinancialInstrumentsMember" xlink:to="lab_fmx_DerivativeFinancialInstrumentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetTable_019b3310-019e-7a79-a6e2-fe4254bf6920_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of net defined benefit liability (asset) [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of net defined benefit liability (asset) [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetTable" xlink:to="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetTable" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_USD_019bcf93-9bda-7732-aed1-ac49f04fd692_verboseLabel_en-US" xlink:label="lab_currency_USD" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">U.S.&#160;dollar</link:label>
    <link:label id="lab_currency_USD_019b3310-019e-70ee-91d1-5cfb0a5b3061_terseLabel_en-US" xlink:label="lab_currency_USD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">U.S. dollars</link:label>
    <link:label id="lab_currency_USD_label_en-US" xlink:label="lab_currency_USD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">United States of America, Dollars</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_USD" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_USD"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_USD" xlink:to="lab_currency_USD" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory_019b3310-03bf-7f85-8fa7-f7f0de31969c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Fair value of Financial Instruments</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of fair value of financial instruments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFairValueOfFinancialInstrumentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory_019b3310-03bf-7f2e-a860-9187b4414ddb_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents and restricted cash</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for restricted cash and cash equivalents [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForRestrictedCashAndCashEquivalentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_019b3310-0271-7550-9ee7-4af7c3c3157a_terseLabel_en-US" xlink:label="lab_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimated useful lives of principal assets</link:label>
    <link:label id="lab_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Useful life measured as period of time, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:to="lab_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems_019b3310-0320-7148-be39-69ea8576115b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade Accounts Receivable, Net</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets that are either past due or impaired [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems" xlink:to="lab_ifrs-full_DisclosureOfFinancialAssetsThatAreEitherPastDueOrImpairedLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_019b3310-0272-7453-a4f3-d8d46186ba92_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disposals of businesses (Envoy and others)</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through other changes, equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanFiveYearsMember_019b3310-03bf-73ea-8d03-c0b078578446_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2031 and thereafter</link:label>
    <link:label id="lab_ifrs-full_LaterThanFiveYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than five years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanFiveYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanFiveYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanFiveYearsMember" xlink:to="lab_ifrs-full_LaterThanFiveYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComprehensiveIncomeFromDiscontinuedOperations_019b3310-019e-7dc8-ad25-446ac8036bbd_totalLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeFromDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Share of profit (loss) from equity method investments</link:label>
    <link:label id="lab_ifrs-full_ComprehensiveIncomeFromDiscontinuedOperations_label_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeFromDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive income from discontinued operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComprehensiveIncomeFromDiscontinuedOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncomeFromDiscontinuedOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncomeFromDiscontinuedOperations" xlink:to="lab_ifrs-full_ComprehensiveIncomeFromDiscontinuedOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory_019b3310-03bf-7e70-b9d0-caf69d42a74b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Balances and Transactions with Related Parties and Affiliated Companies</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of related party [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfRelatedPartyExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:to="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialAssetsDomain_019b3310-0271-7823-b504-86f36d77650a_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial assets</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialAssetsDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial assets [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialAssetsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:to="lab_ifrs-full_ClassesOfFinancialAssetsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DebtCertificatesMaturingOn2028Member_019b3310-03bf-7fa4-8ffa-c841b10a6b00_terseLabel_en-US" xlink:label="lab_fmx_DebtCertificatesMaturingOn2028Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Certificates Maturing on 2028</link:label>
    <link:label id="lab_fmx_DebtCertificatesMaturingOn2028Member_label_en-US" xlink:label="lab_fmx_DebtCertificatesMaturingOn2028Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Certificates Maturing on 2028 [Member]</link:label>
    <link:label id="lab_fmx_DebtCertificatesMaturingOn2028Member_documentation_en-US" xlink:label="lab_fmx_DebtCertificatesMaturingOn2028Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to debt certificate maturing on 2028.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DebtCertificatesMaturingOn2028Member" xlink:href="fmx-20251231.xsd#fmx_DebtCertificatesMaturingOn2028Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DebtCertificatesMaturingOn2028Member" xlink:to="lab_fmx_DebtCertificatesMaturingOn2028Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill_019b3310-0271-7591-9bb6-884182a62ffc_negatedLabel_en-US" xlink:label="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Impairment</link:label>
    <link:label id="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill_label_en-US" xlink:label="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impairment loss recognised in profit or loss, intangible assets and goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill" xlink:to="lab_ifrs-full_ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfIntangibleAssetsExplanatory_019b3310-03bf-7551-a074-2bc1020f3bb2_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible Assets</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfIntangibleAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of intangible assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIntangibleAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfIFRSCompliance_019b3310-031f-7bc2-996f-b16326e25598_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfIFRSCompliance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of compliance</link:label>
    <link:label id="lab_ifrs-full_StatementOfIFRSCompliance_label_en-US" xlink:label="lab_ifrs-full_StatementOfIFRSCompliance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of IFRS compliance [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfIFRSCompliance" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfIFRSCompliance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfIFRSCompliance" xlink:to="lab_ifrs-full_StatementOfIFRSCompliance" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NumberOfSeriesSharesForEachShareUnit_019b3310-03bf-7e7b-bebc-68af9072f7b9_terseLabel_en-US" xlink:label="lab_fmx_NumberOfSeriesSharesForEachShareUnit" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of series (in shares)</link:label>
    <link:label id="lab_fmx_NumberOfSeriesSharesForEachShareUnit_label_en-US" xlink:label="lab_fmx_NumberOfSeriesSharesForEachShareUnit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Series Shares For Each Share Unit</link:label>
    <link:label id="lab_fmx_NumberOfSeriesSharesForEachShareUnit_documentation_en-US" xlink:label="lab_fmx_NumberOfSeriesSharesForEachShareUnit" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The number of series shares represented by each share unit.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NumberOfSeriesSharesForEachShareUnit" xlink:href="fmx-20251231.xsd#fmx_NumberOfSeriesSharesForEachShareUnit"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NumberOfSeriesSharesForEachShareUnit" xlink:to="lab_fmx_NumberOfSeriesSharesForEachShareUnit" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestRateSwapContractMember_019c47af-7557-7655-a4b2-1b0aa3f8798f_verboseLabel_en-US" xlink:label="lab_ifrs-full_InterestRateSwapContractMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Interest rate swaps</link:label>
    <link:label id="lab_ifrs-full_InterestRateSwapContractMember_019b3310-031f-7102-a657-42a590945073_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestRateSwapContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Swap Locks</link:label>
    <link:label id="lab_ifrs-full_InterestRateSwapContractMember_label_en-US" xlink:label="lab_ifrs-full_InterestRateSwapContractMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest rate swap contract [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestRateSwapContractMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestRateSwapContractMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestRateSwapContractMember" xlink:to="lab_ifrs-full_InterestRateSwapContractMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable_019b3310-0272-768f-b17e-742e7b412151_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in intangible assets and goodwill [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in intangible assets and goodwill [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_YearTenAndElevenMember_019b3310-0272-746b-86f1-927a81fe33d2_terseLabel_en-US" xlink:label="lab_fmx_YearTenAndElevenMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Year Ten and Eleven</link:label>
    <link:label id="lab_fmx_YearTenAndElevenMember_label_en-US" xlink:label="lab_fmx_YearTenAndElevenMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Year Ten and Eleven [Member]</link:label>
    <link:label id="lab_fmx_YearTenAndElevenMember_documentation_en-US" xlink:label="lab_fmx_YearTenAndElevenMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Year Ten and Eleven</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_YearTenAndElevenMember" xlink:href="fmx-20251231.xsd#fmx_YearTenAndElevenMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_YearTenAndElevenMember" xlink:to="lab_fmx_YearTenAndElevenMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfOtherOperatingIncomeExpenseLineItems_019b3310-019e-761f-b7fe-622838e58c39_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfOtherOperatingIncomeExpenseLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of Other Operating Income Expense [Line Items]</link:label>
    <link:label id="lab_fmx_DisclosureOfOtherOperatingIncomeExpenseLineItems_label_en-US" xlink:label="lab_fmx_DisclosureOfOtherOperatingIncomeExpenseLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Other Operating Income Expense [line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfOtherOperatingIncomeExpenseLineItems_documentation_en-US" xlink:label="lab_fmx_DisclosureOfOtherOperatingIncomeExpenseLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of other operating income expense line items.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfOtherOperatingIncomeExpenseLineItems" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfOtherOperatingIncomeExpenseLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfOtherOperatingIncomeExpenseLineItems" xlink:to="lab_fmx_DisclosureOfOtherOperatingIncomeExpenseLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_EURUSDMember_019b3310-0271-7fe3-844a-627957e1632f_terseLabel_en-US" xlink:label="lab_fmx_EURUSDMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">EUR/USD</link:label>
    <link:label id="lab_fmx_EURUSDMember_label_en-US" xlink:label="lab_fmx_EURUSDMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">EUR/USD [Member]</link:label>
    <link:label id="lab_fmx_EURUSDMember_documentation_en-US" xlink:label="lab_fmx_EURUSDMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information pertaining to currency exchanges between Euro and US Dollar.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_EURUSDMember" xlink:href="fmx-20251231.xsd#fmx_EURUSDMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_EURUSDMember" xlink:to="lab_fmx_EURUSDMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_019b3310-03be-7402-8ade-970ddfc53709_totalLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total income tax expense (benefit) recognized in OCI</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income tax relating to components of other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" xlink:to="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodCashAcquired_019b3310-03be-7092-adf4-ecfbe653cd06_terseLabel_en-US" xlink:label="lab_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodCashAcquired" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sales of investments accounted for using equity method, cash acquired</link:label>
    <link:label id="lab_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodCashAcquired_label_en-US" xlink:label="lab_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodCashAcquired" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from sales of investments accounted for using equity method, Cash Acquired</link:label>
    <link:label id="lab_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodCashAcquired_documentation_en-US" xlink:label="lab_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodCashAcquired" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds from sales of investments accounted for using equity method, Cash Acquired</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodCashAcquired" xlink:href="fmx-20251231.xsd#fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodCashAcquired"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodCashAcquired" xlink:to="lab_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodCashAcquired" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherCurrentNonfinancialAssets_019b3310-0272-78b8-8387-4f180ee5d56e_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherCurrentNonfinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other current assets</link:label>
    <link:label id="lab_ifrs-full_OtherCurrentNonfinancialAssets_019bd0b5-7902-7946-a8bd-332f0472b6a2_verboseLabel_en-US" xlink:label="lab_ifrs-full_OtherCurrentNonfinancialAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other current assets</link:label>
    <link:label id="lab_ifrs-full_OtherCurrentNonfinancialAssets_label_en-US" xlink:label="lab_ifrs-full_OtherCurrentNonfinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other current non-financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherCurrentNonfinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherCurrentNonfinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherCurrentNonfinancialAssets" xlink:to="lab_ifrs-full_OtherCurrentNonfinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestExpenseOnLeaseLiabilities_019b3310-031f-785e-80fd-6b422f3681f5_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest expense on lease liabilities</link:label>
    <link:label id="lab_ifrs-full_InterestExpenseOnLeaseLiabilities_019b3310-031f-742b-a8f0-bc9541397351_verboseLabel_en-US" xlink:label="lab_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Interest expense for leases liabilities (Note 12)</link:label>
    <link:label id="lab_ifrs-full_InterestExpenseOnLeaseLiabilities_label_en-US" xlink:label="lab_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest expense on lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestExpenseOnLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:to="lab_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory_019b3310-031f-7b3d-99be-61ca35d99bb5_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Critical accounting judgments and estimates</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of accounting judgements and estimates [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RepaymentsOfNoncurrentBorrowings_019b3310-0272-79f2-965b-97d3309cd3bd_negatedLabel_en-US" xlink:label="lab_ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Payments of bank loans and notes payable</link:label>
    <link:label id="lab_ifrs-full_RepaymentsOfNoncurrentBorrowings_019b3310-0272-7e0e-84c1-331cb2542da6_terseLabel_en-US" xlink:label="lab_ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Repayments of non-current borrowings</link:label>
    <link:label id="lab_ifrs-full_RepaymentsOfNoncurrentBorrowings_label_en-US" xlink:label="lab_ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of non-current borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RepaymentsOfNoncurrentBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:to="lab_ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GoodwillRecognisedAsOfAcquisitionDate_019b3310-0320-7e0d-a3cb-bb55068b2bdf_terseLabel_en-US" xlink:label="lab_ifrs-full_GoodwillRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill arising on acquisition</link:label>
    <link:label id="lab_ifrs-full_GoodwillRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_GoodwillRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill recognised as of acquisition date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GoodwillRecognisedAsOfAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GoodwillRecognisedAsOfAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GoodwillRecognisedAsOfAcquisitionDate" xlink:to="lab_ifrs-full_GoodwillRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_A2875SeniorNotesDue2023Member_019b3310-0320-7205-a5cb-8f12aab6bac3_terseLabel_en-US" xlink:label="lab_fmx_A2875SeniorNotesDue2023Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2.875% Senior Notes due 2023</link:label>
    <link:label id="lab_fmx_A2875SeniorNotesDue2023Member_label_en-US" xlink:label="lab_fmx_A2875SeniorNotesDue2023Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">2.875% Senior Notes due 2023 [Member]</link:label>
    <link:label id="lab_fmx_A2875SeniorNotesDue2023Member_documentation_en-US" xlink:label="lab_fmx_A2875SeniorNotesDue2023Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Two point eight seven five percent senior notes due 2023 [member].</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_A2875SeniorNotesDue2023Member" xlink:href="fmx-20251231.xsd#fmx_A2875SeniorNotesDue2023Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_A2875SeniorNotesDue2023Member" xlink:to="lab_fmx_A2875SeniorNotesDue2023Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainLossRecognisedOnMeasurementToFairValueLessCostsToSellOrOnDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation_019b3310-0271-7b8e-9fbe-aa498a9c62c4_terseLabel_en-US" xlink:label="lab_ifrs-full_GainLossRecognisedOnMeasurementToFairValueLessCostsToSellOrOnDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain (loss) recognised on measurement to fair value less costs to sell or on disposal of assets or disposal groups constituting discontinued operation</link:label>
    <link:label id="lab_ifrs-full_GainLossRecognisedOnMeasurementToFairValueLessCostsToSellOrOnDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation_019bd0ae-5a14-7754-84d0-ac3784fa3578_verboseLabel_en-US" xlink:label="lab_ifrs-full_GainLossRecognisedOnMeasurementToFairValueLessCostsToSellOrOnDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Gain on revaluation at fair value of the shares</link:label>
    <link:label id="lab_ifrs-full_GainLossRecognisedOnMeasurementToFairValueLessCostsToSellOrOnDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation_label_en-US" xlink:label="lab_ifrs-full_GainLossRecognisedOnMeasurementToFairValueLessCostsToSellOrOnDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (loss) recognised on measurement to fair value less costs to sell or on disposal of assets or disposal groups constituting discontinued operation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainLossRecognisedOnMeasurementToFairValueLessCostsToSellOrOnDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainLossRecognisedOnMeasurementToFairValueLessCostsToSellOrOnDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainLossRecognisedOnMeasurementToFairValueLessCostsToSellOrOnDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation" xlink:to="lab_ifrs-full_GainLossRecognisedOnMeasurementToFairValueLessCostsToSellOrOnDisposalOfAssetsOrDisposalGroupsConstitutingDiscontinuedOperation" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable_019b3310-03be-734c-8aca-5817d722c61c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:to="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AuditorName_019b3310-0271-7f34-952e-99dab104bad1_terseLabel_en-US" xlink:label="lab_dei_AuditorName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Auditor Name</link:label>
    <link:label id="lab_dei_AuditorName_label_en-US" xlink:label="lab_dei_AuditorName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Auditor Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AuditorName" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditorName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AuditorName" xlink:to="lab_dei_AuditorName" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfIncomeTaxesTable_019b3310-03bf-7562-87d2-8b96e097716e_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfIncomeTaxesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Income Taxes [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfIncomeTaxesTable_label_en-US" xlink:label="lab_fmx_DisclosureOfIncomeTaxesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Income Taxes [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfIncomeTaxesTable_documentation_en-US" xlink:label="lab_fmx_DisclosureOfIncomeTaxesTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule disclosing information related to income taxes.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfIncomeTaxesTable" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfIncomeTaxesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfIncomeTaxesTable" xlink:to="lab_fmx_DisclosureOfIncomeTaxesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherAssociatesMember_019b3310-031f-726d-847f-6c49f48dcee1_terseLabel_en-US" xlink:label="lab_fmx_OtherAssociatesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Associates</link:label>
    <link:label id="lab_fmx_OtherAssociatesMember_label_en-US" xlink:label="lab_fmx_OtherAssociatesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Associates [Member]</link:label>
    <link:label id="lab_fmx_OtherAssociatesMember_documentation_en-US" xlink:label="lab_fmx_OtherAssociatesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Associates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherAssociatesMember" xlink:href="fmx-20251231.xsd#fmx_OtherAssociatesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherAssociatesMember" xlink:to="lab_fmx_OtherAssociatesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IfrsInterestExpenseMember_019b3310-03bf-75d7-8cd2-37f6e7dd2da5_terseLabel_en-US" xlink:label="lab_fmx_IfrsInterestExpenseMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest expense</link:label>
    <link:label id="lab_fmx_IfrsInterestExpenseMember_label_en-US" xlink:label="lab_fmx_IfrsInterestExpenseMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ifrs Interest Expense [Member]</link:label>
    <link:label id="lab_fmx_IfrsInterestExpenseMember_documentation_en-US" xlink:label="lab_fmx_IfrsInterestExpenseMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Primary financial statement caption encompassing interest expense.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IfrsInterestExpenseMember" xlink:href="fmx-20251231.xsd#fmx_IfrsInterestExpenseMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IfrsInterestExpenseMember" xlink:to="lab_fmx_IfrsInterestExpenseMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DecreaseThroughWriteoffFinancialAssets_019b3310-0272-7c5a-8778-859855285fbf_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DecreaseThroughWriteoffFinancialAssets" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Write-offs of uncollectible accounts</link:label>
    <link:label id="lab_ifrs-full_DecreaseThroughWriteoffFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_DecreaseThroughWriteoffFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease through write-off, financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DecreaseThroughWriteoffFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DecreaseThroughWriteoffFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DecreaseThroughWriteoffFinancialAssets" xlink:to="lab_ifrs-full_DecreaseThroughWriteoffFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AggregateContinuingAndDiscontinuedOperationsMember_019b3310-03bf-711f-acdf-8bdc56b2c315_terseLabel_en-US" xlink:label="lab_ifrs-full_AggregateContinuingAndDiscontinuedOperationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aggregate continuing and discontinued operations</link:label>
    <link:label id="lab_ifrs-full_AggregateContinuingAndDiscontinuedOperationsMember_label_en-US" xlink:label="lab_ifrs-full_AggregateContinuingAndDiscontinuedOperationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Aggregate continuing and discontinued operations [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AggregateContinuingAndDiscontinuedOperationsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AggregateContinuingAndDiscontinuedOperationsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AggregateContinuingAndDiscontinuedOperationsMember" xlink:to="lab_ifrs-full_AggregateContinuingAndDiscontinuedOperationsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SegmentConsolidationItemsDomain_019b3310-019e-7ed0-b820-4540a926527d_terseLabel_en-US" xlink:label="lab_ifrs-full_SegmentConsolidationItemsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segment consolidation items [domain]</link:label>
    <link:label id="lab_ifrs-full_SegmentConsolidationItemsDomain_label_en-US" xlink:label="lab_ifrs-full_SegmentConsolidationItemsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment consolidation items [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SegmentConsolidationItemsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SegmentConsolidationItemsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SegmentConsolidationItemsDomain" xlink:to="lab_ifrs-full_SegmentConsolidationItemsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SeriesBShareMember_019b3310-0272-7d28-ae6a-32c10a0ba0e7_terseLabel_en-US" xlink:label="lab_fmx_SeriesBShareMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">&#8220;B&#8221;</link:label>
    <link:label id="lab_fmx_SeriesBShareMember_label_en-US" xlink:label="lab_fmx_SeriesBShareMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series B Share [Member]</link:label>
    <link:label id="lab_fmx_SeriesBShareMember_documentation_en-US" xlink:label="lab_fmx_SeriesBShareMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common stock series B.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SeriesBShareMember" xlink:href="fmx-20251231.xsd#fmx_SeriesBShareMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SeriesBShareMember" xlink:to="lab_fmx_SeriesBShareMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems_019b3310-031f-73e9-9209-fa8e8b444bbe_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:to="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BankLoansAndNotesPayablesAndAccountsPayableMember_019b3310-0271-7f43-83b4-2f37082b9fef_terseLabel_en-US" xlink:label="lab_fmx_BankLoansAndNotesPayablesAndAccountsPayableMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bank loans and notes payables and accounts payable</link:label>
    <link:label id="lab_fmx_BankLoansAndNotesPayablesAndAccountsPayableMember_label_en-US" xlink:label="lab_fmx_BankLoansAndNotesPayablesAndAccountsPayableMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bank Loans And Notes Payables And Accounts Payable [Member]</link:label>
    <link:label id="lab_fmx_BankLoansAndNotesPayablesAndAccountsPayableMember_documentation_en-US" xlink:label="lab_fmx_BankLoansAndNotesPayablesAndAccountsPayableMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bank loans, notes payables and accounts payable.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BankLoansAndNotesPayablesAndAccountsPayableMember" xlink:href="fmx-20251231.xsd#fmx_BankLoansAndNotesPayablesAndAccountsPayableMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BankLoansAndNotesPayablesAndAccountsPayableMember" xlink:to="lab_fmx_BankLoansAndNotesPayablesAndAccountsPayableMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncreaseDecreaseThroughChangeInEquityMethodOfAssociates_019b3310-0272-7c68-bbb7-92c8bce90e2b_terseLabel_en-US" xlink:label="lab_fmx_IncreaseDecreaseThroughChangeInEquityMethodOfAssociates" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other movements in equity method accounted investees, net of income tax</link:label>
    <link:label id="lab_fmx_IncreaseDecreaseThroughChangeInEquityMethodOfAssociates_label_en-US" xlink:label="lab_fmx_IncreaseDecreaseThroughChangeInEquityMethodOfAssociates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase Decrease Through Change In Equity Method Of Associates</link:label>
    <link:label id="lab_fmx_IncreaseDecreaseThroughChangeInEquityMethodOfAssociates_documentation_en-US" xlink:label="lab_fmx_IncreaseDecreaseThroughChangeInEquityMethodOfAssociates" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase decrease through change in equity method of associates.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncreaseDecreaseThroughChangeInEquityMethodOfAssociates" xlink:href="fmx-20251231.xsd#fmx_IncreaseDecreaseThroughChangeInEquityMethodOfAssociates"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncreaseDecreaseThroughChangeInEquityMethodOfAssociates" xlink:to="lab_fmx_IncreaseDecreaseThroughChangeInEquityMethodOfAssociates" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory_019b3310-0320-7cd8-a20e-54f5a3c01389_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade Accounts Receivable, Net</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of trade and other receivables [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherCurrentFinancialAssets_019b3310-0272-7ee3-9938-42d8c3656c60_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherCurrentFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other current financial assets</link:label>
    <link:label id="lab_ifrs-full_OtherCurrentFinancialAssets_019b3310-0272-7de1-9d1a-cc09fb76ab13_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherCurrentFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Other current financial assets</link:label>
    <link:label id="lab_ifrs-full_OtherCurrentFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_OtherCurrentFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other current financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherCurrentFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherCurrentFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherCurrentFinancialAssets" xlink:to="lab_ifrs-full_OtherCurrentFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DonationsToRelatedPartyTransactions_019b3310-0272-7150-940b-155d615bceec_terseLabel_en-US" xlink:label="lab_fmx_DonationsToRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Donations to related party transactions</link:label>
    <link:label id="lab_fmx_DonationsToRelatedPartyTransactions_label_en-US" xlink:label="lab_fmx_DonationsToRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Donations To Related Party Transactions</link:label>
    <link:label id="lab_fmx_DonationsToRelatedPartyTransactions_documentation_en-US" xlink:label="lab_fmx_DonationsToRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Donations to related party transactions.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DonationsToRelatedPartyTransactions" xlink:href="fmx-20251231.xsd#fmx_DonationsToRelatedPartyTransactions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DonationsToRelatedPartyTransactions" xlink:to="lab_fmx_DonationsToRelatedPartyTransactions" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_MarketValueGainLossOnFinancialInstruments_019b3310-031f-7c5b-b831-2b23beda7765_negatedLabel_en-US" xlink:label="lab_fmx_MarketValueGainLossOnFinancialInstruments" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Market value (gain) loss on financial instruments</link:label>
    <link:label id="lab_fmx_MarketValueGainLossOnFinancialInstruments_019b3310-031f-7b80-a997-8d64b60b8562_terseLabel_en-US" xlink:label="lab_fmx_MarketValueGainLossOnFinancialInstruments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Market value gain loss on financial instruments</link:label>
    <link:label id="lab_fmx_MarketValueGainLossOnFinancialInstruments_label_en-US" xlink:label="lab_fmx_MarketValueGainLossOnFinancialInstruments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Market Value Gain Loss On Financial Instruments</link:label>
    <link:label id="lab_fmx_MarketValueGainLossOnFinancialInstruments_documentation_en-US" xlink:label="lab_fmx_MarketValueGainLossOnFinancialInstruments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Market value gain (loss) on financial instruments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_MarketValueGainLossOnFinancialInstruments" xlink:href="fmx-20251231.xsd#fmx_MarketValueGainLossOnFinancialInstruments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_MarketValueGainLossOnFinancialInstruments" xlink:to="lab_fmx_MarketValueGainLossOnFinancialInstruments" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BankLoansAndNotesPayablesMember_019b3310-0320-70a8-b35f-3f7750ab9267_terseLabel_en-US" xlink:label="lab_fmx_BankLoansAndNotesPayablesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bank loans and notes payables</link:label>
    <link:label id="lab_fmx_BankLoansAndNotesPayablesMember_label_en-US" xlink:label="lab_fmx_BankLoansAndNotesPayablesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bank Loans And Notes Payables [Member]</link:label>
    <link:label id="lab_fmx_BankLoansAndNotesPayablesMember_documentation_en-US" xlink:label="lab_fmx_BankLoansAndNotesPayablesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bank loans and notes payables.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BankLoansAndNotesPayablesMember" xlink:href="fmx-20251231.xsd#fmx_BankLoansAndNotesPayablesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BankLoansAndNotesPayablesMember" xlink:to="lab_fmx_BankLoansAndNotesPayablesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_GrupoTelevisaSABDeCVMember_019b3310-0272-7ba9-a38e-d0ae9edadbd4_terseLabel_en-US" xlink:label="lab_fmx_GrupoTelevisaSABDeCVMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Grupo Televisa, S.A.B. de C.V.</link:label>
    <link:label id="lab_fmx_GrupoTelevisaSABDeCVMember_label_en-US" xlink:label="lab_fmx_GrupoTelevisaSABDeCVMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Grupo Televisa, S.A.B. de C.V. [Member]</link:label>
    <link:label id="lab_fmx_GrupoTelevisaSABDeCVMember_documentation_en-US" xlink:label="lab_fmx_GrupoTelevisaSABDeCVMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Grupo Televisa, S.A.B. de C.V.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_GrupoTelevisaSABDeCVMember" xlink:href="fmx-20251231.xsd#fmx_GrupoTelevisaSABDeCVMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_GrupoTelevisaSABDeCVMember" xlink:to="lab_fmx_GrupoTelevisaSABDeCVMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PastDueStatusAxis_019b3310-019e-7f1d-bd68-fb3bbbe273ef_terseLabel_en-US" xlink:label="lab_ifrs-full_PastDueStatusAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Past due status [axis]</link:label>
    <link:label id="lab_ifrs-full_PastDueStatusAxis_label_en-US" xlink:label="lab_ifrs-full_PastDueStatusAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Past due status [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PastDueStatusAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PastDueStatusAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PastDueStatusAxis" xlink:to="lab_ifrs-full_PastDueStatusAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GoodwillMember_019b3310-03bf-7066-bc0a-863e65c8c59e_terseLabel_en-US" xlink:label="lab_ifrs-full_GoodwillMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
    <link:label id="lab_ifrs-full_GoodwillMember_label_en-US" xlink:label="lab_ifrs-full_GoodwillMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GoodwillMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GoodwillMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GoodwillMember" xlink:to="lab_ifrs-full_GoodwillMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsExplanatory_019b3310-0447-77e8-8e4b-1c32a39b04cb_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Non-Current Assets and Other Non-Current Financial Assets</link:label>
    <link:label id="lab_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsExplanatory_label_en-US" xlink:label="lab_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Other Assets And Other Financial Assets [text block]</link:label>
    <link:label id="lab_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsExplanatory_documentation_en-US" xlink:label="lab_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Entire disclosure information of other assets and other financial assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsExplanatory" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsExplanatory" xlink:to="lab_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_Leases1Abstract_label_en-US" xlink:label="lab_fmx_Leases1Abstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Leases, 1 [Abstract]</link:label>
    <link:label id="lab_fmx_Leases1Abstract_documentation_en-US" xlink:label="lab_fmx_Leases1Abstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Leases, 1</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_Leases1Abstract" xlink:href="fmx-20251231.xsd#fmx_Leases1Abstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_Leases1Abstract" xlink:to="lab_fmx_Leases1Abstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_InterestRevenueMember_019b3310-0271-7825-9619-534dfbf5f02f_terseLabel_en-US" xlink:label="lab_fmx_InterestRevenueMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest revenue</link:label>
    <link:label id="lab_fmx_InterestRevenueMember_label_en-US" xlink:label="lab_fmx_InterestRevenueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Revenue [Member]</link:label>
    <link:label id="lab_fmx_InterestRevenueMember_documentation_en-US" xlink:label="lab_fmx_InterestRevenueMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest Revenue</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_InterestRevenueMember" xlink:href="fmx-20251231.xsd#fmx_InterestRevenueMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_InterestRevenueMember" xlink:to="lab_fmx_InterestRevenueMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IfrsCostOfSalesMember_019b3310-03bf-7504-b265-e00a22b95adc_terseLabel_en-US" xlink:label="lab_fmx_IfrsCostOfSalesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost of goods sold</link:label>
    <link:label id="lab_fmx_IfrsCostOfSalesMember_label_en-US" xlink:label="lab_fmx_IfrsCostOfSalesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ifrs Cost Of sales [Member]</link:label>
    <link:label id="lab_fmx_IfrsCostOfSalesMember_documentation_en-US" xlink:label="lab_fmx_IfrsCostOfSalesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Primary financial statement caption encompassing cost of sales.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IfrsCostOfSalesMember" xlink:href="fmx-20251231.xsd#fmx_IfrsCostOfSalesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IfrsCostOfSalesMember" xlink:to="lab_fmx_IfrsCostOfSalesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesLineItems_019b3310-03bf-785b-b7be-9793c58db12b_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of balances and transactions with related parties and affiliates [Line Items]</link:label>
    <link:label id="lab_fmx_DisclosureOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesLineItems_label_en-US" xlink:label="lab_fmx_DisclosureOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Balances And Transactions With Related Parties And Affiliates [line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesLineItems_documentation_en-US" xlink:label="lab_fmx_DisclosureOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Line Items abstract of balances and transactions with related parties and affiliates.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesLineItems" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesLineItems" xlink:to="lab_fmx_DisclosureOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinishedGoods_019b3310-019e-7fc9-a2d1-e40554b804dd_terseLabel_en-US" xlink:label="lab_ifrs-full_FinishedGoods" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finished products</link:label>
    <link:label id="lab_ifrs-full_FinishedGoods_label_en-US" xlink:label="lab_ifrs-full_FinishedGoods" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current finished goods</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinishedGoods" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinishedGoods"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinishedGoods" xlink:to="lab_ifrs-full_FinishedGoods" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems_019b3310-03be-75ec-9a91-7f0953cdad00_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:to="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IndustriaMexicanaDeReciclajeSADeCVIMERMember_019b3310-0271-7738-b3b0-11f122e4c98d_terseLabel_en-US" xlink:label="lab_fmx_IndustriaMexicanaDeReciclajeSADeCVIMERMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Industria Mexicana de Reciclaje, S.A. de C.V. (&#8220;IMER&#8221;)</link:label>
    <link:label id="lab_fmx_IndustriaMexicanaDeReciclajeSADeCVIMERMember_label_en-US" xlink:label="lab_fmx_IndustriaMexicanaDeReciclajeSADeCVIMERMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Industria Mexicana de Reciclaje, S.A. de C.V. ("IMER") [Member]</link:label>
    <link:label id="lab_fmx_IndustriaMexicanaDeReciclajeSADeCVIMERMember_documentation_en-US" xlink:label="lab_fmx_IndustriaMexicanaDeReciclajeSADeCVIMERMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Industria Mexicana de Reciclaje, S.A. de C.V. ("IMER").</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IndustriaMexicanaDeReciclajeSADeCVIMERMember" xlink:href="fmx-20251231.xsd#fmx_IndustriaMexicanaDeReciclajeSADeCVIMERMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IndustriaMexicanaDeReciclajeSADeCVIMERMember" xlink:to="lab_fmx_IndustriaMexicanaDeReciclajeSADeCVIMERMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherIncomeAndExpenses1Abstract_label_en-US" xlink:label="lab_fmx_OtherIncomeAndExpenses1Abstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Income and Expenses, 1 [Abstract]</link:label>
    <link:label id="lab_fmx_OtherIncomeAndExpenses1Abstract_documentation_en-US" xlink:label="lab_fmx_OtherIncomeAndExpenses1Abstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Income and Expenses, 1</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherIncomeAndExpenses1Abstract" xlink:href="fmx-20251231.xsd#fmx_OtherIncomeAndExpenses1Abstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherIncomeAndExpenses1Abstract" xlink:to="lab_fmx_OtherIncomeAndExpenses1Abstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TotalAssociatesMember_019b3310-03bf-7f08-b818-6f31ded9cee9_terseLabel_en-US" xlink:label="lab_fmx_TotalAssociatesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total associates</link:label>
    <link:label id="lab_fmx_TotalAssociatesMember_label_en-US" xlink:label="lab_fmx_TotalAssociatesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total associates [Member]</link:label>
    <link:label id="lab_fmx_TotalAssociatesMember_documentation_en-US" xlink:label="lab_fmx_TotalAssociatesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total associates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TotalAssociatesMember" xlink:href="fmx-20251231.xsd#fmx_TotalAssociatesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TotalAssociatesMember" xlink:to="lab_fmx_TotalAssociatesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentLiabilitiesAbstract_019b3310-03be-7943-b385-6fa784345b53_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">NON-CURRENT LIABILITIES</link:label>
    <link:label id="lab_ifrs-full_NoncurrentLiabilitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_NoncurrentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current liabilities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentLiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentLiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentLiabilitiesAbstract" xlink:to="lab_ifrs-full_NoncurrentLiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory_019b3310-0320-758a-aaf9-09db1650dd70_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Disclosure of Non-Current Assets Held For Sale and Discontinued Operations</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of non-current assets held for sale and discontinued operations [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfNoncurrentAssetsHeldForSaleAndDiscontinuedOperationsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_WriteDownAdditionalExpensesAndLosses_019b3310-0320-70b5-8872-b4ed57ac42ae_terseLabel_en-US" xlink:label="lab_fmx_WriteDownAdditionalExpensesAndLosses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional expenses &amp; losses</link:label>
    <link:label id="lab_fmx_WriteDownAdditionalExpensesAndLosses_label_en-US" xlink:label="lab_fmx_WriteDownAdditionalExpensesAndLosses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Write-Down, Additional Expenses And Losses</link:label>
    <link:label id="lab_fmx_WriteDownAdditionalExpensesAndLosses_documentation_en-US" xlink:label="lab_fmx_WriteDownAdditionalExpensesAndLosses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Write-Down, Additional Expenses And Losses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_WriteDownAdditionalExpensesAndLosses" xlink:href="fmx-20251231.xsd#fmx_WriteDownAdditionalExpensesAndLosses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_WriteDownAdditionalExpensesAndLosses" xlink:to="lab_fmx_WriteDownAdditionalExpensesAndLosses" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityDomain_019b3310-0272-7874-bdb2-74ff881d82d8_terseLabel_en-US" xlink:label="lab_dei_EntityDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity [Domain]</link:label>
    <link:label id="lab_dei_EntityDomain_label_en-US" xlink:label="lab_dei_EntityDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityDomain" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityDomain" xlink:to="lab_dei_EntityDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory_019b3310-0272-7d12-928b-5ab998cc3a42_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bonus Programs</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of share-based payment arrangements [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MiscellaneousOtherOperatingIncome_019b3310-0320-7a48-b4a8-734f85d82861_terseLabel_en-US" xlink:label="lab_ifrs-full_MiscellaneousOtherOperatingIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Others</link:label>
    <link:label id="lab_ifrs-full_MiscellaneousOtherOperatingIncome_label_en-US" xlink:label="lab_ifrs-full_MiscellaneousOtherOperatingIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Miscellaneous other operating income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MiscellaneousOtherOperatingIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MiscellaneousOtherOperatingIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MiscellaneousOtherOperatingIncome" xlink:to="lab_ifrs-full_MiscellaneousOtherOperatingIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfActuarialAssumptionsTableTextBlock_019b3310-03be-7a54-b71d-d85552692a49_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfActuarialAssumptionsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Actuarial Assumptions</link:label>
    <link:label id="lab_fmx_DisclosureOfActuarialAssumptionsTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfActuarialAssumptionsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Actuarial Assumptions [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfActuarialAssumptionsTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfActuarialAssumptionsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of actuarial assumptions.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfActuarialAssumptionsTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfActuarialAssumptionsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfActuarialAssumptionsTableTextBlock" xlink:to="lab_fmx_DisclosureOfActuarialAssumptionsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherNoncurrentFinancialLiabilities_019b3310-0272-7bc7-96ab-31295e1dc5ce_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other non-current financial liabilities</link:label>
    <link:label id="lab_ifrs-full_OtherNoncurrentFinancialLiabilities_019b3310-0272-71ba-bff6-492d0f51f15e_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ifrs-full_OtherNoncurrentFinancialLiabilities_label_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other non-current financial liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherNoncurrentFinancialLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherNoncurrentFinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherNoncurrentFinancialLiabilities" xlink:to="lab_ifrs-full_OtherNoncurrentFinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DebtInstrumentImplicitWeightedPerformance_019b3310-03bf-72af-8ae3-fcbbf2298b32_terseLabel_en-US" xlink:label="lab_fmx_DebtInstrumentImplicitWeightedPerformance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of implicit weighted performance</link:label>
    <link:label id="lab_fmx_DebtInstrumentImplicitWeightedPerformance_label_en-US" xlink:label="lab_fmx_DebtInstrumentImplicitWeightedPerformance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Implicit Weighted Performance</link:label>
    <link:label id="lab_fmx_DebtInstrumentImplicitWeightedPerformance_documentation_en-US" xlink:label="lab_fmx_DebtInstrumentImplicitWeightedPerformance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The percentage of implicit weighted performance under the debt instrument arrangement.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DebtInstrumentImplicitWeightedPerformance" xlink:href="fmx-20251231.xsd#fmx_DebtInstrumentImplicitWeightedPerformance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DebtInstrumentImplicitWeightedPerformance" xlink:to="lab_fmx_DebtInstrumentImplicitWeightedPerformance" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentFiscalYearFocus_019b3310-0271-789b-84c8-fc6f5c8731b0_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalYearFocus_label_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFiscalYearFocus" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalYearFocus"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalYearFocus" xlink:to="lab_dei_DocumentFiscalYearFocus" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AssetsBalanceWithRelatedPartyTransaction_019b3310-031f-70a6-bc3b-aae1fa9613dc_terseLabel_en-US" xlink:label="lab_fmx_AssetsBalanceWithRelatedPartyTransaction" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets balance with related party transaction</link:label>
    <link:label id="lab_fmx_AssetsBalanceWithRelatedPartyTransaction_label_en-US" xlink:label="lab_fmx_AssetsBalanceWithRelatedPartyTransaction" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets Balance With Related Party Transaction</link:label>
    <link:label id="lab_fmx_AssetsBalanceWithRelatedPartyTransaction_documentation_en-US" xlink:label="lab_fmx_AssetsBalanceWithRelatedPartyTransaction" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Assets Balance With Related Party Transaction</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AssetsBalanceWithRelatedPartyTransaction" xlink:href="fmx-20251231.xsd#fmx_AssetsBalanceWithRelatedPartyTransaction"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AssetsBalanceWithRelatedPartyTransaction" xlink:to="lab_fmx_AssetsBalanceWithRelatedPartyTransaction" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AccruedInterest_019b3310-0272-7d00-9a76-0d00aff824ea_terseLabel_en-US" xlink:label="lab_fmx_AccruedInterest" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued interest</link:label>
    <link:label id="lab_fmx_AccruedInterest_label_en-US" xlink:label="lab_fmx_AccruedInterest" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accrued Interest</link:label>
    <link:label id="lab_fmx_AccruedInterest_documentation_en-US" xlink:label="lab_fmx_AccruedInterest" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of interest accrued but is not yet received.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AccruedInterest" xlink:href="fmx-20251231.xsd#fmx_AccruedInterest"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AccruedInterest" xlink:to="lab_fmx_AccruedInterest" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForReconcileProfitLossAbstract_019b3310-0272-7b11-ad48-ac4f5071e6aa_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-cash items adjustments:</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForReconcileProfitLossAbstract_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments to reconcile profit (loss) [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForReconcileProfitLossAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:to="lab_ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PercentageOfAnnualBonus_019b3310-03bf-771f-9acc-6e2c59945749_terseLabel_en-US" xlink:label="lab_fmx_PercentageOfAnnualBonus" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of annual bonus</link:label>
    <link:label id="lab_fmx_PercentageOfAnnualBonus_label_en-US" xlink:label="lab_fmx_PercentageOfAnnualBonus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Annual Bonus</link:label>
    <link:label id="lab_fmx_PercentageOfAnnualBonus_documentation_en-US" xlink:label="lab_fmx_PercentageOfAnnualBonus" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of annual bonus.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PercentageOfAnnualBonus" xlink:href="fmx-20251231.xsd#fmx_PercentageOfAnnualBonus"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PercentageOfAnnualBonus" xlink:to="lab_fmx_PercentageOfAnnualBonus" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanOneYearMember_019b3310-0320-7f9c-880a-602c932512f6_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">More&#160;than&#160;12</link:label>
    <link:label id="lab_ifrs-full_LaterThanOneYearMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than one year [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanOneYearMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanOneYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanOneYearMember" xlink:to="lab_ifrs-full_LaterThanOneYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NonControllingInterestInConsolidatedSubsidiariesAbstract_label_en-US" xlink:label="lab_fmx_NonControllingInterestInConsolidatedSubsidiariesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-Controlling Interest In Consolidated Subsidiaries [Abstract]</link:label>
    <link:label id="lab_fmx_NonControllingInterestInConsolidatedSubsidiariesAbstract_documentation_en-US" xlink:label="lab_fmx_NonControllingInterestInConsolidatedSubsidiariesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of non controlling interest in consolidated subsidiaries.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NonControllingInterestInConsolidatedSubsidiariesAbstract" xlink:href="fmx-20251231.xsd#fmx_NonControllingInterestInConsolidatedSubsidiariesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NonControllingInterestInConsolidatedSubsidiariesAbstract" xlink:to="lab_fmx_NonControllingInterestInConsolidatedSubsidiariesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DiscountRate11Member_019b3310-0272-7036-a419-8a40ea763d95_terseLabel_en-US" xlink:label="lab_fmx_DiscountRate11Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discount rate +1%</link:label>
    <link:label id="lab_fmx_DiscountRate11Member_label_en-US" xlink:label="lab_fmx_DiscountRate11Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Discount Rate +1%,1 [Member]</link:label>
    <link:label id="lab_fmx_DiscountRate11Member_documentation_en-US" xlink:label="lab_fmx_DiscountRate11Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Discount Rates+1%.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DiscountRate11Member" xlink:href="fmx-20251231.xsd#fmx_DiscountRate11Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DiscountRate11Member" xlink:to="lab_fmx_DiscountRate11Member" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PercentageOfPlanAssetInvestmentForRelatedParties_019b3310-031f-76f9-99db-02d450fd64fb_terseLabel_en-US" xlink:label="lab_fmx_PercentageOfPlanAssetInvestmentForRelatedParties" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Plan asset investment for related parties, percentage</link:label>
    <link:label id="lab_fmx_PercentageOfPlanAssetInvestmentForRelatedParties_label_en-US" xlink:label="lab_fmx_PercentageOfPlanAssetInvestmentForRelatedParties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Plan Asset Investment For Related Parties</link:label>
    <link:label id="lab_fmx_PercentageOfPlanAssetInvestmentForRelatedParties_documentation_en-US" xlink:label="lab_fmx_PercentageOfPlanAssetInvestmentForRelatedParties" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of plan asset investment for related parties.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PercentageOfPlanAssetInvestmentForRelatedParties" xlink:href="fmx-20251231.xsd#fmx_PercentageOfPlanAssetInvestmentForRelatedParties"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PercentageOfPlanAssetInvestmentForRelatedParties" xlink:to="lab_fmx_PercentageOfPlanAssetInvestmentForRelatedParties" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherCurrentAssetsOther_019b3310-019e-7745-8c38-6ab32daaa864_terseLabel_en-US" xlink:label="lab_fmx_OtherCurrentAssetsOther" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_fmx_OtherCurrentAssetsOther_label_en-US" xlink:label="lab_fmx_OtherCurrentAssetsOther" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Current Assets, Other</link:label>
    <link:label id="lab_fmx_OtherCurrentAssetsOther_documentation_en-US" xlink:label="lab_fmx_OtherCurrentAssetsOther" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other current assets other.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherCurrentAssetsOther" xlink:href="fmx-20251231.xsd#fmx_OtherCurrentAssetsOther"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherCurrentAssetsOther" xlink:to="lab_fmx_OtherCurrentAssetsOther" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetPlanAmendments_019b3310-0272-7a82-8ae1-508da66e8749_negatedTerseLabel_en-US" xlink:label="lab_fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetPlanAmendments" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Plan amendments</link:label>
    <link:label id="lab_fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetPlanAmendments_label_en-US" xlink:label="lab_fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetPlanAmendments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) In Net Defined Benefit Liability (Asset), Plan Amendments</link:label>
    <link:label id="lab_fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetPlanAmendments_documentation_en-US" xlink:label="lab_fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetPlanAmendments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) In Net Defined Benefit Liability (Asset), Plan Amendments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetPlanAmendments" xlink:href="fmx-20251231.xsd#fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetPlanAmendments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetPlanAmendments" xlink:to="lab_fmx_IncreaseDecreaseInNetDefinedBenefitLiabilityAssetPlanAmendments" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherAssetsMember_019b3310-0320-71d9-97ba-8278c9dfb6b9_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_ifrs-full_OtherAssetsMember_label_en-US" xlink:label="lab_ifrs-full_OtherAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other assets [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherAssetsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherAssetsMember" xlink:to="lab_ifrs-full_OtherAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfInterestRatesDomain_019b3310-0320-7073-9c7b-b957bad90efb_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfInterestRatesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of interest rates [domain]</link:label>
    <link:label id="lab_ifrs-full_TypesOfInterestRatesDomain_label_en-US" xlink:label="lab_ifrs-full_TypesOfInterestRatesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of interest rates [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfInterestRatesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfInterestRatesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfInterestRatesDomain" xlink:to="lab_ifrs-full_TypesOfInterestRatesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_UYUUSDMember_019b3310-03bf-720b-933b-5a23dc9e426f_terseLabel_en-US" xlink:label="lab_fmx_UYUUSDMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">UYU/USD</link:label>
    <link:label id="lab_fmx_UYUUSDMember_label_en-US" xlink:label="lab_fmx_UYUUSDMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">UYU/USD [Member]</link:label>
    <link:label id="lab_fmx_UYUUSDMember_documentation_en-US" xlink:label="lab_fmx_UYUUSDMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">UYU/USD</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_UYUUSDMember" xlink:href="fmx-20251231.xsd#fmx_UYUUSDMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_UYUUSDMember" xlink:to="lab_fmx_UYUUSDMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncomeFromInvestmentsInEquityInstruments_019b3310-031f-7d8e-ab6b-bd52fda3ef06_terseLabel_en-US" xlink:label="lab_fmx_IncomeFromInvestmentsInEquityInstruments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments In equity instruments</link:label>
    <link:label id="lab_fmx_IncomeFromInvestmentsInEquityInstruments_label_en-US" xlink:label="lab_fmx_IncomeFromInvestmentsInEquityInstruments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income From Investments In Equity Instruments</link:label>
    <link:label id="lab_fmx_IncomeFromInvestmentsInEquityInstruments_documentation_en-US" xlink:label="lab_fmx_IncomeFromInvestmentsInEquityInstruments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income From Investments In Equity Instruments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncomeFromInvestmentsInEquityInstruments" xlink:href="fmx-20251231.xsd#fmx_IncomeFromInvestmentsInEquityInstruments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncomeFromInvestmentsInEquityInstruments" xlink:to="lab_fmx_IncomeFromInvestmentsInEquityInstruments" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfHyperinflationaryReportingTable_019b3310-0447-7829-b05d-1f2f6b2f8796_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfHyperinflationaryReportingTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of Hyperinflationary Reporting [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfHyperinflationaryReportingTable_label_en-US" xlink:label="lab_fmx_DisclosureOfHyperinflationaryReportingTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Hyperinflationary Reporting [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfHyperinflationaryReportingTable_documentation_en-US" xlink:label="lab_fmx_DisclosureOfHyperinflationaryReportingTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of Hyperinflationary Reporting [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfHyperinflationaryReportingTable" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfHyperinflationaryReportingTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfHyperinflationaryReportingTable" xlink:to="lab_fmx_DisclosureOfHyperinflationaryReportingTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_InventoryMember_019b3310-031f-7701-9495-cf523bed0ad3_terseLabel_en-US" xlink:label="lab_fmx_InventoryMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventories</link:label>
    <link:label id="lab_fmx_InventoryMember_label_en-US" xlink:label="lab_fmx_InventoryMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory [Member]</link:label>
    <link:label id="lab_fmx_InventoryMember_documentation_en-US" xlink:label="lab_fmx_InventoryMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Inventory.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_InventoryMember" xlink:href="fmx-20251231.xsd#fmx_InventoryMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_InventoryMember" xlink:to="lab_fmx_InventoryMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherIncome_019b3310-03bf-7b73-9c38-a9666d75e4c6_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other income</link:label>
    <link:label id="lab_ifrs-full_OtherIncome_019b3310-03bf-74ba-bbdb-b46ea2f67f68_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Other income</link:label>
    <link:label id="lab_ifrs-full_OtherIncome_label_en-US" xlink:label="lab_ifrs-full_OtherIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherIncome" xlink:to="lab_ifrs-full_OtherIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfProvisionsAxis_019b3310-03bf-7fe0-b5a3-24fd0cf8ca64_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfProvisionsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of other provisions [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfProvisionsAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfProvisionsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of other provisions [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfProvisionsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfProvisionsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfProvisionsAxis" xlink:to="lab_ifrs-full_ClassesOfProvisionsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfMaturityAnalysisForNonDerivativeAndDerivativeFinancialLiabilitiesTableTextBlock_019b3310-0320-7945-9e97-371ff39652f3_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfMaturityAnalysisForNonDerivativeAndDerivativeFinancialLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Maturity Analysis for Non-derivative and Derivative Financial Liabilities</link:label>
    <link:label id="lab_fmx_DisclosureOfMaturityAnalysisForNonDerivativeAndDerivativeFinancialLiabilitiesTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfMaturityAnalysisForNonDerivativeAndDerivativeFinancialLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Maturity Analysis For Non-Derivative And Derivative Financial Liabilities [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfMaturityAnalysisForNonDerivativeAndDerivativeFinancialLiabilitiesTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfMaturityAnalysisForNonDerivativeAndDerivativeFinancialLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of maturity analysis for non-derivative and derivative financial liabilities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfMaturityAnalysisForNonDerivativeAndDerivativeFinancialLiabilitiesTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfMaturityAnalysisForNonDerivativeAndDerivativeFinancialLiabilitiesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfMaturityAnalysisForNonDerivativeAndDerivativeFinancialLiabilitiesTableTextBlock" xlink:to="lab_fmx_DisclosureOfMaturityAnalysisForNonDerivativeAndDerivativeFinancialLiabilitiesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LeaseholdImprovementsMember_019bcfa6-6d3a-7d6a-a83b-8ddfd9812919_verboseLabel_en-US" xlink:label="lab_ifrs-full_LeaseholdImprovementsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Leasehold improvements</link:label>
    <link:label id="lab_ifrs-full_LeaseholdImprovementsMember_019b3310-031f-7009-b014-d23a8b6a0b08_terseLabel_en-US" xlink:label="lab_ifrs-full_LeaseholdImprovementsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Leasehold Improvements</link:label>
    <link:label id="lab_ifrs-full_LeaseholdImprovementsMember_label_en-US" xlink:label="lab_ifrs-full_LeaseholdImprovementsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Leasehold improvements [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LeaseholdImprovementsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LeaseholdImprovementsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LeaseholdImprovementsMember" xlink:to="lab_ifrs-full_LeaseholdImprovementsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfSummaryOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesExplanatory_019b3310-019e-7f60-b9bd-2da7fe29a843_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfSummaryOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Balances and Transactions with Related Parties and Affiliated Companies</link:label>
    <link:label id="lab_fmx_DisclosureOfSummaryOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesExplanatory_label_en-US" xlink:label="lab_fmx_DisclosureOfSummaryOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Summary Of Balances And Transactions With Related Parties And Affiliates [text block]</link:label>
    <link:label id="lab_fmx_DisclosureOfSummaryOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesExplanatory_documentation_en-US" xlink:label="lab_fmx_DisclosureOfSummaryOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesExplanatory" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of summary of balances and transactions with related parties and affiliates.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfSummaryOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesExplanatory" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfSummaryOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfSummaryOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesExplanatory" xlink:to="lab_fmx_DisclosureOfSummaryOfBalancesAndTransactionsWithRelatedPartiesAndAffiliatesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations_019b3310-0271-79ce-aaad-f2bacb0a82f0_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Future Impact of Recently Issued Accounting Standards not yet in Effect</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of expected impact of initial application of new standards or interpretations [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:to="lab_ifrs-full_DescriptionOfExpectedImpactOfInitialApplicationOfNewStandardsOrInterpretations" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_RiskPremiumBasisPoints_019b3310-019e-754d-aeeb-f1777c6fc08f_terseLabel_en-US" xlink:label="lab_fmx_RiskPremiumBasisPoints" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Risk premium basis points</link:label>
    <link:label id="lab_fmx_RiskPremiumBasisPoints_label_en-US" xlink:label="lab_fmx_RiskPremiumBasisPoints" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risk Premium, Basis Points</link:label>
    <link:label id="lab_fmx_RiskPremiumBasisPoints_documentation_en-US" xlink:label="lab_fmx_RiskPremiumBasisPoints" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Risk premium, basis points.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_RiskPremiumBasisPoints" xlink:href="fmx-20251231.xsd#fmx_RiskPremiumBasisPoints"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_RiskPremiumBasisPoints" xlink:to="lab_fmx_RiskPremiumBasisPoints" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfDefinedBenefitPlanExpectedFutureBenefitPaymentsTableTextBlock_019b3310-031f-776f-bb4f-0d9e802d025c_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfDefinedBenefitPlanExpectedFutureBenefitPaymentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Defined Benefit Plan Expected Future Benefit Payments</link:label>
    <link:label id="lab_fmx_DisclosureOfDefinedBenefitPlanExpectedFutureBenefitPaymentsTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfDefinedBenefitPlanExpectedFutureBenefitPaymentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Defined Benefit Plan Expected Future Benefit Payments [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfDefinedBenefitPlanExpectedFutureBenefitPaymentsTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfDefinedBenefitPlanExpectedFutureBenefitPaymentsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of defined benefit plan expected future benefit payments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfDefinedBenefitPlanExpectedFutureBenefitPaymentsTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfDefinedBenefitPlanExpectedFutureBenefitPaymentsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfDefinedBenefitPlanExpectedFutureBenefitPaymentsTableTextBlock" xlink:to="lab_fmx_DisclosureOfDefinedBenefitPlanExpectedFutureBenefitPaymentsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MaterialReconcilingItemsMember_019b3310-0320-7540-be45-1a43170390bd_terseLabel_en-US" xlink:label="lab_ifrs-full_MaterialReconcilingItemsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Material reconciling items</link:label>
    <link:label id="lab_ifrs-full_MaterialReconcilingItemsMember_label_en-US" xlink:label="lab_ifrs-full_MaterialReconcilingItemsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Material reconciling items [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MaterialReconcilingItemsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MaterialReconcilingItemsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MaterialReconcilingItemsMember" xlink:to="lab_ifrs-full_MaterialReconcilingItemsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ForeignExchangeGain_019bd0d1-d4da-7b7f-ac64-e6471d868ee2_terseLabel_en-US" xlink:label="lab_ifrs-full_ForeignExchangeGain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cumulative Translation Adjustment</link:label>
    <link:label id="lab_ifrs-full_ForeignExchangeGain_label_en-US" xlink:label="lab_ifrs-full_ForeignExchangeGain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign exchange gain</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ForeignExchangeGain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ForeignExchangeGain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ForeignExchangeGain" xlink:to="lab_ifrs-full_ForeignExchangeGain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentPropertyLineItems_019b3310-031f-7e03-97e5-cbf65cce9458_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentPropertyLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about investment property [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentPropertyLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentPropertyLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about investment property [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInvestmentPropertyLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInvestmentPropertyLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInvestmentPropertyLineItems" xlink:to="lab_ifrs-full_DisclosureOfInvestmentPropertyLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncreaseDecreaseThroughOtherAcquisitionsAndRemeasurementsEquity_019b3310-03be-7eb0-aad8-e3e649500727_terseLabel_en-US" xlink:label="lab_fmx_IncreaseDecreaseThroughOtherAcquisitionsAndRemeasurementsEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other acquisitions and remeasurements</link:label>
    <link:label id="lab_fmx_IncreaseDecreaseThroughOtherAcquisitionsAndRemeasurementsEquity_label_en-US" xlink:label="lab_fmx_IncreaseDecreaseThroughOtherAcquisitionsAndRemeasurementsEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Other Acquisitions And Remeasurements, Equity</link:label>
    <link:label id="lab_fmx_IncreaseDecreaseThroughOtherAcquisitionsAndRemeasurementsEquity_documentation_en-US" xlink:label="lab_fmx_IncreaseDecreaseThroughOtherAcquisitionsAndRemeasurementsEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Other Acquisitions And Remeasurements, Equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncreaseDecreaseThroughOtherAcquisitionsAndRemeasurementsEquity" xlink:href="fmx-20251231.xsd#fmx_IncreaseDecreaseThroughOtherAcquisitionsAndRemeasurementsEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncreaseDecreaseThroughOtherAcquisitionsAndRemeasurementsEquity" xlink:to="lab_fmx_IncreaseDecreaseThroughOtherAcquisitionsAndRemeasurementsEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_EmployeeBenefitPaidClassifiedAsOperatingActivities_019b3310-03bf-7de7-8aec-f5ba8706177e_negatedLabel_en-US" xlink:label="lab_fmx_EmployeeBenefitPaidClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Employee benefits paid</link:label>
    <link:label id="lab_fmx_EmployeeBenefitPaidClassifiedAsOperatingActivities_label_en-US" xlink:label="lab_fmx_EmployeeBenefitPaidClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Benefit Paid Classified As Operating Activities</link:label>
    <link:label id="lab_fmx_EmployeeBenefitPaidClassifiedAsOperatingActivities_documentation_en-US" xlink:label="lab_fmx_EmployeeBenefitPaidClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Employee benefit paid classified as operating activities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_EmployeeBenefitPaidClassifiedAsOperatingActivities" xlink:href="fmx-20251231.xsd#fmx_EmployeeBenefitPaidClassifiedAsOperatingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_EmployeeBenefitPaidClassifiedAsOperatingActivities" xlink:to="lab_fmx_EmployeeBenefitPaidClassifiedAsOperatingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DerivativeContractMetHedgingCriteriaMember_019b3310-03bf-723d-baec-9a3ed520ec90_terseLabel_en-US" xlink:label="lab_fmx_DerivativeContractMetHedgingCriteriaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Contract Met Hedging Criteria</link:label>
    <link:label id="lab_fmx_DerivativeContractMetHedgingCriteriaMember_label_en-US" xlink:label="lab_fmx_DerivativeContractMetHedgingCriteriaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Contract Met Hedging Criteria [Member]</link:label>
    <link:label id="lab_fmx_DerivativeContractMetHedgingCriteriaMember_documentation_en-US" xlink:label="lab_fmx_DerivativeContractMetHedgingCriteriaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information pertaining to derivative contracts that met hedging criteria.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DerivativeContractMetHedgingCriteriaMember" xlink:href="fmx-20251231.xsd#fmx_DerivativeContractMetHedgingCriteriaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DerivativeContractMetHedgingCriteriaMember" xlink:to="lab_fmx_DerivativeContractMetHedgingCriteriaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_RefrigerationEquipmentMember_019bcfa6-4e42-7602-b780-2a668aea4ea3_verboseLabel_en-US" xlink:label="lab_fmx_RefrigerationEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Refrigeration equipment</link:label>
    <link:label id="lab_fmx_RefrigerationEquipmentMember_019b3310-03bf-773a-b735-9ea736278833_terseLabel_en-US" xlink:label="lab_fmx_RefrigerationEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Refrigeration Equipment</link:label>
    <link:label id="lab_fmx_RefrigerationEquipmentMember_label_en-US" xlink:label="lab_fmx_RefrigerationEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Refrigeration Equipment [Member]</link:label>
    <link:label id="lab_fmx_RefrigerationEquipmentMember_documentation_en-US" xlink:label="lab_fmx_RefrigerationEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Refrigeration equipment.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_RefrigerationEquipmentMember" xlink:href="fmx-20251231.xsd#fmx_RefrigerationEquipmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_RefrigerationEquipmentMember" xlink:to="lab_fmx_RefrigerationEquipmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfLeasesTable_019b3310-031f-7781-b453-5cdb5d0b2a90_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfLeasesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Leases [Table]</link:label>
    <link:label id="lab_fmx_DisclosureOfLeasesTable_label_en-US" xlink:label="lab_fmx_DisclosureOfLeasesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Leases [Table]</link:label>
    <link:label id="lab_fmx_DisclosureOfLeasesTable_documentation_en-US" xlink:label="lab_fmx_DisclosureOfLeasesTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of leases.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfLeasesTable" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfLeasesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfLeasesTable" xlink:to="lab_fmx_DisclosureOfLeasesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncomeLossFromOtherInvestmentInShares_019d97a9-2bce-7439-8829-386a4fc836d1_terseLabel_en-US" xlink:label="lab_fmx_IncomeLossFromOtherInvestmentInShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends received</link:label>
    <link:label id="lab_fmx_IncomeLossFromOtherInvestmentInShares_label_en-US" xlink:label="lab_fmx_IncomeLossFromOtherInvestmentInShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) From Other Investment In Shares</link:label>
    <link:label id="lab_fmx_IncomeLossFromOtherInvestmentInShares_documentation_en-US" xlink:label="lab_fmx_IncomeLossFromOtherInvestmentInShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income (Loss) From Other Investment In Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncomeLossFromOtherInvestmentInShares" xlink:href="fmx-20251231.xsd#fmx_IncomeLossFromOtherInvestmentInShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncomeLossFromOtherInvestmentInShares" xlink:to="lab_fmx_IncomeLossFromOtherInvestmentInShares" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_RightToProduceAndDistributeTrademarkProductsMember_019b3310-0272-7ca7-8015-947b38453f2b_terseLabel_en-US" xlink:label="lab_fmx_RightToProduceAndDistributeTrademarkProductsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rights&#160;to Produce and Distribute Coca-Cola Trademark&#160;Products</link:label>
    <link:label id="lab_fmx_RightToProduceAndDistributeTrademarkProductsMember_label_en-US" xlink:label="lab_fmx_RightToProduceAndDistributeTrademarkProductsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Right To Produce And Distribute Trademark Products [Member]</link:label>
    <link:label id="lab_fmx_RightToProduceAndDistributeTrademarkProductsMember_documentation_en-US" xlink:label="lab_fmx_RightToProduceAndDistributeTrademarkProductsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Right To Produce And Distribute Trademark Products.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_RightToProduceAndDistributeTrademarkProductsMember" xlink:href="fmx-20251231.xsd#fmx_RightToProduceAndDistributeTrademarkProductsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_RightToProduceAndDistributeTrademarkProductsMember" xlink:to="lab_fmx_RightToProduceAndDistributeTrademarkProductsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IfrsIncomeStatementLocationAxis_019b3310-0272-7671-8bb9-1af896028058_terseLabel_en-US" xlink:label="lab_fmx_IfrsIncomeStatementLocationAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Statement Location [Axis]</link:label>
    <link:label id="lab_fmx_IfrsIncomeStatementLocationAxis_label_en-US" xlink:label="lab_fmx_IfrsIncomeStatementLocationAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement Location [Axis]</link:label>
    <link:label id="lab_fmx_IfrsIncomeStatementLocationAxis_documentation_en-US" xlink:label="lab_fmx_IfrsIncomeStatementLocationAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information by location in the income statement.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IfrsIncomeStatementLocationAxis" xlink:href="fmx-20251231.xsd#fmx_IfrsIncomeStatementLocationAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IfrsIncomeStatementLocationAxis" xlink:to="lab_fmx_IfrsIncomeStatementLocationAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo_019b3310-0272-7497-b1ba-06bf259ac75c_terseLabel_en-US" xlink:label="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2027</link:label>
    <link:label id="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo_label_en-US" xlink:label="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Expected Future Benefit Payment Year Two</link:label>
    <link:label id="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo_documentation_en-US" xlink:label="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Defined benefit plan expected future benefit payments year two.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo" xlink:href="fmx-20251231.xsd#fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo" xlink:to="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearTwo" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OrdinarySharesMember_019b3310-031f-7d5c-8baa-44695847972f_terseLabel_en-US" xlink:label="lab_ifrs-full_OrdinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ordinary shares</link:label>
    <link:label id="lab_ifrs-full_OrdinarySharesMember_label_en-US" xlink:label="lab_ifrs-full_OrdinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ordinary shares [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OrdinarySharesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OrdinarySharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OrdinarySharesMember" xlink:to="lab_ifrs-full_OrdinarySharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_EmployeeProfitSharing_019b3310-0271-78e2-bf2d-5111d295c752_terseLabel_en-US" xlink:label="lab_fmx_EmployeeProfitSharing" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employee profit sharing</link:label>
    <link:label id="lab_fmx_EmployeeProfitSharing_label_en-US" xlink:label="lab_fmx_EmployeeProfitSharing" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Profit Sharing</link:label>
    <link:label id="lab_fmx_EmployeeProfitSharing_documentation_en-US" xlink:label="lab_fmx_EmployeeProfitSharing" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Employee profit sharing.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_EmployeeProfitSharing" xlink:href="fmx-20251231.xsd#fmx_EmployeeProfitSharing"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_EmployeeProfitSharing" xlink:to="lab_fmx_EmployeeProfitSharing" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AllowanceForCreditLossesMember_019b3310-03bf-77f7-af12-c676099abb57_terseLabel_en-US" xlink:label="lab_ifrs-full_AllowanceForCreditLossesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected credit losses</link:label>
    <link:label id="lab_ifrs-full_AllowanceForCreditLossesMember_label_en-US" xlink:label="lab_ifrs-full_AllowanceForCreditLossesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Allowance for credit losses [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AllowanceForCreditLossesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AllowanceForCreditLossesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AllowanceForCreditLossesMember" xlink:to="lab_ifrs-full_AllowanceForCreditLossesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares_019b3310-0272-7ed9-a694-ba923c11174f_terseLabel_en-US" xlink:label="lab_ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect of dilution associated with non-vested shares for share based payment plans (in shares)</link:label>
    <link:label id="lab_ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares_label_en-US" xlink:label="lab_ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dilutive effect of share options on weighted average number of ordinary shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:to="lab_ifrs-full_DilutiveEffectOfShareOptionsOnNumberOfOrdinaryShares" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_019b3310-031f-7c13-8da1-2837aafcde06_terseLabel_en-US" xlink:label="lab_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current liabilities held for sale</link:label>
    <link:label id="lab_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_label_en-US" xlink:label="lab_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities included in disposal groups classified as held for sale</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:to="lab_ifrs-full_LiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfEarningsPerShareExplanatory_019b3310-019e-7884-bef2-3e882efa37a3_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings per Share</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfEarningsPerShareExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of earnings per share [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfEarningsPerShareExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:to="lab_ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GrossCarryingAmountMember_019b3310-03bf-707f-bf4e-effaf472f852_terseLabel_en-US" xlink:label="lab_ifrs-full_GrossCarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross carrying amount</link:label>
    <link:label id="lab_ifrs-full_GrossCarryingAmountMember_label_en-US" xlink:label="lab_ifrs-full_GrossCarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gross carrying amount [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GrossCarryingAmountMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GrossCarryingAmountMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GrossCarryingAmountMember" xlink:to="lab_ifrs-full_GrossCarryingAmountMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentPayables_019b3310-03bf-71b2-8f3c-e024c78752a3_terseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentPayables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade payable</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentPayables_label_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentPayables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade and other current payables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeAndOtherCurrentPayables" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherCurrentPayables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherCurrentPayables" xlink:to="lab_ifrs-full_TradeAndOtherCurrentPayables" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ApplicableTaxRate_019b3310-0271-73a0-b8a1-8450dc3176d4_terseLabel_en-US" xlink:label="lab_ifrs-full_ApplicableTaxRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income tax rate</link:label>
    <link:label id="lab_ifrs-full_ApplicableTaxRate_019b3310-0271-7fb0-a89f-a18ec4f8a7f2_verboseLabel_en-US" xlink:label="lab_ifrs-full_ApplicableTaxRate" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Mexican statutory income tax rate</link:label>
    <link:label id="lab_ifrs-full_ApplicableTaxRate_label_en-US" xlink:label="lab_ifrs-full_ApplicableTaxRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Applicable tax rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ApplicableTaxRate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ApplicableTaxRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ApplicableTaxRate" xlink:to="lab_ifrs-full_ApplicableTaxRate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInventoriesExplanatory_019b3310-0272-7a5c-97fe-3dfab20f9bda_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInventoriesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventories</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInventoriesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInventoriesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of inventories [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInventoriesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInventoriesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInventoriesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfInventoriesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities_019b3310-0447-7497-be60-2912622c5b54_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other non-current liabilities</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for increase (decrease) in other liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities" xlink:to="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NumberOfAgreementsRelatedToIntangibleAssets_019b3310-0447-725e-a6f0-368ccfed9831_terseLabel_en-US" xlink:label="lab_fmx_NumberOfAgreementsRelatedToIntangibleAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of bottling agreements</link:label>
    <link:label id="lab_fmx_NumberOfAgreementsRelatedToIntangibleAssets_label_en-US" xlink:label="lab_fmx_NumberOfAgreementsRelatedToIntangibleAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Agreements Related To Intangible Assets</link:label>
    <link:label id="lab_fmx_NumberOfAgreementsRelatedToIntangibleAssets_documentation_en-US" xlink:label="lab_fmx_NumberOfAgreementsRelatedToIntangibleAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The number of agreements giving rise to intangible assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NumberOfAgreementsRelatedToIntangibleAssets" xlink:href="fmx-20251231.xsd#fmx_NumberOfAgreementsRelatedToIntangibleAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NumberOfAgreementsRelatedToIntangibleAssets" xlink:to="lab_fmx_NumberOfAgreementsRelatedToIntangibleAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_019b3310-0272-7e10-9a6c-594b871b1a3d_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange differences (loss) gain on the translation of foreign operations and equity method accounted investees</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on exchange differences on translation of foreign operations, net of tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:to="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_LocalPhoneNumber_019b3310-0272-75ce-b39a-9c76047e0d69_terseLabel_en-US" xlink:label="lab_dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Local Phone Number</link:label>
    <link:label id="lab_dei_LocalPhoneNumber_label_en-US" xlink:label="lab_dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Local Phone Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_LocalPhoneNumber" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_LocalPhoneNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LocalPhoneNumber" xlink:to="lab_dei_LocalPhoneNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TIIEPlusZeroPointThreeEightPercentageDebtBondsMember_019cafb4-6d0c-7cee-81d9-227e01e72ecd_terseLabel_en-US" xlink:label="lab_fmx_TIIEPlusZeroPointThreeEightPercentageDebtBondsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">TIIE Plus Zero Point Three Eight Percentage Debt Bonds</link:label>
    <link:label id="lab_fmx_TIIEPlusZeroPointThreeEightPercentageDebtBondsMember_label_en-US" xlink:label="lab_fmx_TIIEPlusZeroPointThreeEightPercentageDebtBondsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">TIIE Plus Zero Point Three Eight Percentage Debt Bonds [Member]</link:label>
    <link:label id="lab_fmx_TIIEPlusZeroPointThreeEightPercentageDebtBondsMember_documentation_en-US" xlink:label="lab_fmx_TIIEPlusZeroPointThreeEightPercentageDebtBondsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">TIIE Plus Zero Point Three Eight Percentage Debt Bonds</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TIIEPlusZeroPointThreeEightPercentageDebtBondsMember" xlink:href="fmx-20251231.xsd#fmx_TIIEPlusZeroPointThreeEightPercentageDebtBondsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TIIEPlusZeroPointThreeEightPercentageDebtBondsMember" xlink:to="lab_fmx_TIIEPlusZeroPointThreeEightPercentageDebtBondsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_EuropeMember_019b3310-0271-76de-acec-5c6b05fcb054_terseLabel_en-US" xlink:label="lab_srt_EuropeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Europe</link:label>
    <link:label id="lab_srt_EuropeMember_label_en-US" xlink:label="lab_srt_EuropeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Europe [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_EuropeMember" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_EuropeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_EuropeMember" xlink:to="lab_srt_EuropeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NotLaterThanOneYearMember_019bd4a7-6925-7cc2-88c8-4e43c27feb81_netLabel_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Less than one&#160;year</link:label>
    <link:label id="lab_ifrs-full_NotLaterThanOneYearMember_019b3310-019e-7e33-a9ab-8b89d2897321_terseLabel_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2026</link:label>
    <link:label id="lab_ifrs-full_NotLaterThanOneYearMember_019b3310-019e-7cdc-aa20-112bd2af1391_verboseLabel_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">2026</link:label>
    <link:label id="lab_ifrs-full_NotLaterThanOneYearMember_label_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Not later than one year [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NotLaterThanOneYearMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NotLaterThanOneYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NotLaterThanOneYearMember" xlink:to="lab_ifrs-full_NotLaterThanOneYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_SouthAmericaMember_019b3310-03bf-77b0-a3dc-c30cb0fca30b_terseLabel_en-US" xlink:label="lab_srt_SouthAmericaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">South America</link:label>
    <link:label id="lab_srt_SouthAmericaMember_label_en-US" xlink:label="lab_srt_SouthAmericaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">South America [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_SouthAmericaMember" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_SouthAmericaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_SouthAmericaMember" xlink:to="lab_srt_SouthAmericaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PaymentsForInvestmentShareIssueCosts_019b3310-0272-75cb-80c4-95e959a8cedf_terseLabel_en-US" xlink:label="lab_fmx_PaymentsForInvestmentShareIssueCosts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost of sale of shares</link:label>
    <link:label id="lab_fmx_PaymentsForInvestmentShareIssueCosts_label_en-US" xlink:label="lab_fmx_PaymentsForInvestmentShareIssueCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments For Investment Share Issue Costs</link:label>
    <link:label id="lab_fmx_PaymentsForInvestmentShareIssueCosts_documentation_en-US" xlink:label="lab_fmx_PaymentsForInvestmentShareIssueCosts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payments For Investment Share Issue Costs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PaymentsForInvestmentShareIssueCosts" xlink:href="fmx-20251231.xsd#fmx_PaymentsForInvestmentShareIssueCosts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PaymentsForInvestmentShareIssueCosts" xlink:to="lab_fmx_PaymentsForInvestmentShareIssueCosts" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfCrossCurrencySwapContractTableTextBlock_019b3310-0320-7bb4-a3f3-d7c5799b0226_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfCrossCurrencySwapContractTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Disclosure of Outstanding Cross Currency Swap Agreements</link:label>
    <link:label id="lab_fmx_DisclosureOfCrossCurrencySwapContractTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfCrossCurrencySwapContractTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Cross Currency Swap Contract [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfCrossCurrencySwapContractTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfCrossCurrencySwapContractTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of cross currency swap contract.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfCrossCurrencySwapContractTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfCrossCurrencySwapContractTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfCrossCurrencySwapContractTableTextBlock" xlink:to="lab_fmx_DisclosureOfCrossCurrencySwapContractTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_EmployeeProfitSharingPayableMember_019b3310-031f-7dea-8bf7-d9f5179d1c6d_terseLabel_en-US" xlink:label="lab_fmx_EmployeeProfitSharingPayableMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employee profit sharing payable</link:label>
    <link:label id="lab_fmx_EmployeeProfitSharingPayableMember_label_en-US" xlink:label="lab_fmx_EmployeeProfitSharingPayableMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Profit Sharing Payable [Member]</link:label>
    <link:label id="lab_fmx_EmployeeProfitSharingPayableMember_documentation_en-US" xlink:label="lab_fmx_EmployeeProfitSharingPayableMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Employee profit sharing payable.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_EmployeeProfitSharingPayableMember" xlink:href="fmx-20251231.xsd#fmx_EmployeeProfitSharingPayableMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_EmployeeProfitSharingPayableMember" xlink:to="lab_fmx_EmployeeProfitSharingPayableMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate_019b3310-03be-7311-a3c4-afffa9d3b8a6_terseLabel_en-US" xlink:label="lab_ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Identifiable intangible assets</link:label>
    <link:label id="lab_ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Identifiable intangible assets recognised as of acquisition date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:to="lab_ifrs-full_IdentifiableIntangibleAssetsRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ChangeInOptionsToPurchaseForeignCurrencyFluctuationRateEffectOnEquity_019b3310-03bf-7438-b0b6-da8cd00907b9_terseLabel_en-US" xlink:label="lab_fmx_ChangeInOptionsToPurchaseForeignCurrencyFluctuationRateEffectOnEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect on equity to purchase foreign currency</link:label>
    <link:label id="lab_fmx_ChangeInOptionsToPurchaseForeignCurrencyFluctuationRateEffectOnEquity_label_en-US" xlink:label="lab_fmx_ChangeInOptionsToPurchaseForeignCurrencyFluctuationRateEffectOnEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Change In Options To Purchase Foreign Currency Fluctuation Rate Effect On Equity</link:label>
    <link:label id="lab_fmx_ChangeInOptionsToPurchaseForeignCurrencyFluctuationRateEffectOnEquity_documentation_en-US" xlink:label="lab_fmx_ChangeInOptionsToPurchaseForeignCurrencyFluctuationRateEffectOnEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Change In Options To Purchase Foreign Currency Fluctuation Rate Effect On Equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ChangeInOptionsToPurchaseForeignCurrencyFluctuationRateEffectOnEquity" xlink:href="fmx-20251231.xsd#fmx_ChangeInOptionsToPurchaseForeignCurrencyFluctuationRateEffectOnEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ChangeInOptionsToPurchaseForeignCurrencyFluctuationRateEffectOnEquity" xlink:to="lab_fmx_ChangeInOptionsToPurchaseForeignCurrencyFluctuationRateEffectOnEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncomeFromOtherInvestmentInShares_019b3310-031f-7cd8-b709-16be3340a1a8_terseLabel_en-US" xlink:label="lab_fmx_IncomeFromOtherInvestmentInShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other investment in shares</link:label>
    <link:label id="lab_fmx_IncomeFromOtherInvestmentInShares_label_en-US" xlink:label="lab_fmx_IncomeFromOtherInvestmentInShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income From Other Investment In Shares</link:label>
    <link:label id="lab_fmx_IncomeFromOtherInvestmentInShares_documentation_en-US" xlink:label="lab_fmx_IncomeFromOtherInvestmentInShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of income from other investment in shares.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncomeFromOtherInvestmentInShares" xlink:href="fmx-20251231.xsd#fmx_IncomeFromOtherInvestmentInShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncomeFromOtherInvestmentInShares" xlink:to="lab_fmx_IncomeFromOtherInvestmentInShares" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LongtermBorrowings_019b3310-0271-7845-9014-d4d3926d1a70_terseLabel_en-US" xlink:label="lab_ifrs-full_LongtermBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bank loans and notes payable</link:label>
    <link:label id="lab_ifrs-full_LongtermBorrowings_label_en-US" xlink:label="lab_ifrs-full_LongtermBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current portion of non-current borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LongtermBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LongtermBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LongtermBorrowings" xlink:to="lab_ifrs-full_LongtermBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_InterestRateAverage_019b3310-019e-7f4e-834b-b54c6f19cfed_terseLabel_en-US" xlink:label="lab_fmx_InterestRateAverage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Average interest rate</link:label>
    <link:label id="lab_fmx_InterestRateAverage_label_en-US" xlink:label="lab_fmx_InterestRateAverage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Rate Average</link:label>
    <link:label id="lab_fmx_InterestRateAverage_documentation_en-US" xlink:label="lab_fmx_InterestRateAverage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest rate average.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_InterestRateAverage" xlink:href="fmx-20251231.xsd#fmx_InterestRateAverage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_InterestRateAverage" xlink:to="lab_fmx_InterestRateAverage" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ReturnableBottlesMember_019bcfa6-5e42-73c9-ac69-de1c4df10f17_verboseLabel_en-US" xlink:label="lab_fmx_ReturnableBottlesMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Returnable bottles</link:label>
    <link:label id="lab_fmx_ReturnableBottlesMember_019b3310-03bf-7437-a3a6-41d84d2df7d3_terseLabel_en-US" xlink:label="lab_fmx_ReturnableBottlesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Returnable Bottles</link:label>
    <link:label id="lab_fmx_ReturnableBottlesMember_label_en-US" xlink:label="lab_fmx_ReturnableBottlesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Returnable Bottles [Member]</link:label>
    <link:label id="lab_fmx_ReturnableBottlesMember_documentation_en-US" xlink:label="lab_fmx_ReturnableBottlesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Returnable bottles.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ReturnableBottlesMember" xlink:href="fmx-20251231.xsd#fmx_ReturnableBottlesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ReturnableBottlesMember" xlink:to="lab_fmx_ReturnableBottlesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_019b3310-031f-752b-83dc-ad12287077bc_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventories</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for decrease (increase) in inventories</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInInventories"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:to="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsLineItems_019b3310-0272-70f9-8b20-e3cf3b50eb5f_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade Accounts Receivable, Net</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialAssetsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial assets [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialAssetsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialAssetsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialAssetsLineItems" xlink:to="lab_ifrs-full_DisclosureOfFinancialAssetsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashTransferred_019b3310-0271-7709-8f47-816dadb1c55f_terseLabel_en-US" xlink:label="lab_ifrs-full_CashTransferred" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net cash paid</link:label>
    <link:label id="lab_ifrs-full_CashTransferred_label_en-US" xlink:label="lab_ifrs-full_CashTransferred" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash transferred</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashTransferred" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashTransferred"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashTransferred" xlink:to="lab_ifrs-full_CashTransferred" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentMember_019b3310-0320-7936-9ea1-abfafec8fee1_terseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment, net</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentMember_label_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, plant and equipment [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PropertyPlantAndEquipmentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipmentMember" xlink:to="lab_ifrs-full_PropertyPlantAndEquipmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LiabilitiesIncurred_019b3310-0320-7caa-b112-458fc6e2f5a7_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_LiabilitiesIncurred" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Earn out</link:label>
    <link:label id="lab_ifrs-full_LiabilitiesIncurred_label_en-US" xlink:label="lab_ifrs-full_LiabilitiesIncurred" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities incurred</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LiabilitiesIncurred" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LiabilitiesIncurred"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LiabilitiesIncurred" xlink:to="lab_ifrs-full_LiabilitiesIncurred" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember_019b3310-0320-7ae1-9fab-80d0d8e70d28_terseLabel_en-US" xlink:label="lab_ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Indirect taxes</link:label>
    <link:label id="lab_ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember_label_en-US" xlink:label="lab_ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provision for taxes other than income tax [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember" xlink:to="lab_ifrs-full_ProvisionForTaxesOtherThanIncomeTaxMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesLineItems_019b3310-03be-78c0-adcb-f9db7c204568_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of Balances and Transactions in Foreign Currencies [line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesLineItems_label_en-US" xlink:label="lab_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Balances and Transactions in Foreign Currencies [line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesLineItems_documentation_en-US" xlink:label="lab_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Line item abstract balances and transactions in foreign currencies.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesLineItems" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesLineItems" xlink:to="lab_fmx_DisclosureOfBalancesAndTransactionsInForeignCurrenciesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_019b3310-031f-79bb-beea-b468a5f17751_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for property, plant and equipment [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred_019b3310-03be-7ef8-8038-7ceb499a4ccd_terseLabel_en-US" xlink:label="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business acquisition, consideration transferred</link:label>
    <link:label id="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred_label_en-US" xlink:label="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consideration transferred, acquisition-date fair value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:to="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_019b3310-0272-7ad7-bf69-9f225a33ecb6_terseLabel_en-US" xlink:label="lab_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment, Name [Axis]</link:label>
    <link:label id="lab_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_label_en-US" xlink:label="lab_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment, Name [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:to="lab_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_019b3310-019e-7da7-b93c-1e1dc2a80954_terseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from bank loans and notes payable</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from borrowings, classified as financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_019b3310-0320-7ec5-9223-46663738c0d2_negatedLabel_en-US" xlink:label="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Payments of leases</link:label>
    <link:label id="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of lease liabilities, classified as financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_InterestExpenseOnDerivativeInstruments_019b3310-03be-7a88-8adc-db19f801e838_verboseLabel_en-US" xlink:label="lab_fmx_InterestExpenseOnDerivativeInstruments" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Derivative instruments</link:label>
    <link:label id="lab_fmx_InterestExpenseOnDerivativeInstruments_label_en-US" xlink:label="lab_fmx_InterestExpenseOnDerivativeInstruments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense On Derivative Instruments</link:label>
    <link:label id="lab_fmx_InterestExpenseOnDerivativeInstruments_documentation_en-US" xlink:label="lab_fmx_InterestExpenseOnDerivativeInstruments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest Expense On Derivative Instruments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_InterestExpenseOnDerivativeInstruments" xlink:href="fmx-20251231.xsd#fmx_InterestExpenseOnDerivativeInstruments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_InterestExpenseOnDerivativeInstruments" xlink:to="lab_fmx_InterestExpenseOnDerivativeInstruments" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityVoluntaryFilers_019b3310-031f-7bb3-8723-afe88e3ca393_terseLabel_en-US" xlink:label="lab_dei_EntityVoluntaryFilers" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Voluntary Filers</link:label>
    <link:label id="lab_dei_EntityVoluntaryFilers_label_en-US" xlink:label="lab_dei_EntityVoluntaryFilers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Voluntary Filers</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityVoluntaryFilers" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityVoluntaryFilers"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityVoluntaryFilers" xlink:to="lab_dei_EntityVoluntaryFilers" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod_019b3310-0272-7db8-9d63-f0c613d424a7_negatedLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Share of the loss (profit) of equity method accounted investees, net of income taxes</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for undistributed profits of investments accounted for using equity method</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_AdjustmentsForUndistributedProfitsOfInvestmentsAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfAccountsReceivableLineItems_019b3310-0271-7802-810d-bd0eef5ee0ea_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfAccountsReceivableLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade Accounts Receivable, Net</link:label>
    <link:label id="lab_fmx_DisclosureOfAccountsReceivableLineItems_label_en-US" xlink:label="lab_fmx_DisclosureOfAccountsReceivableLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Accounts Receivable [line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfAccountsReceivableLineItems_documentation_en-US" xlink:label="lab_fmx_DisclosureOfAccountsReceivableLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Accounts Receivable [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfAccountsReceivableLineItems" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfAccountsReceivableLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfAccountsReceivableLineItems" xlink:to="lab_fmx_DisclosureOfAccountsReceivableLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory_019b3310-0272-79b0-ab27-0384dfe74435_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Combinations and Disposals</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of business combinations [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBusinessCombinationsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PercentageOfTaxEffectFromDifferenceBetweenBookAndTaxInflationaryValuesAndTranslationEffects_019b3310-0272-7082-9e94-1581e9456ac6_terseLabel_en-US" xlink:label="lab_fmx_PercentageOfTaxEffectFromDifferenceBetweenBookAndTaxInflationaryValuesAndTranslationEffects" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Difference between book and tax inflationary values and translation effects</link:label>
    <link:label id="lab_fmx_PercentageOfTaxEffectFromDifferenceBetweenBookAndTaxInflationaryValuesAndTranslationEffects_label_en-US" xlink:label="lab_fmx_PercentageOfTaxEffectFromDifferenceBetweenBookAndTaxInflationaryValuesAndTranslationEffects" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage of tax effect from difference between book and tax inflationary values and translation effects</link:label>
    <link:label id="lab_fmx_PercentageOfTaxEffectFromDifferenceBetweenBookAndTaxInflationaryValuesAndTranslationEffects_documentation_en-US" xlink:label="lab_fmx_PercentageOfTaxEffectFromDifferenceBetweenBookAndTaxInflationaryValuesAndTranslationEffects" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of tax effect from difference between book and tax inflationary values and translation effects.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PercentageOfTaxEffectFromDifferenceBetweenBookAndTaxInflationaryValuesAndTranslationEffects" xlink:href="fmx-20251231.xsd#fmx_PercentageOfTaxEffectFromDifferenceBetweenBookAndTaxInflationaryValuesAndTranslationEffects"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PercentageOfTaxEffectFromDifferenceBetweenBookAndTaxInflationaryValuesAndTranslationEffects" xlink:to="lab_fmx_PercentageOfTaxEffectFromDifferenceBetweenBookAndTaxInflationaryValuesAndTranslationEffects" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary_019b3310-0320-732f-ad32-28e76425f93c_terseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of ownership interest of subsidiary</link:label>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary_label_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in subsidiary</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProportionOfOwnershipInterestInSubsidiary"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:to="lab_ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfComponentsOfIncomeTaxExpenseTableTextBlock_019b3310-0272-7c35-98f7-fa8d782bd442_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfComponentsOfIncomeTaxExpenseTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Major Components of Income Tax Expense</link:label>
    <link:label id="lab_fmx_DisclosureOfComponentsOfIncomeTaxExpenseTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfComponentsOfIncomeTaxExpenseTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Components Of Income Tax Expense [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfComponentsOfIncomeTaxExpenseTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfComponentsOfIncomeTaxExpenseTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of components of income tax expense.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfComponentsOfIncomeTaxExpenseTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfComponentsOfIncomeTaxExpenseTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfComponentsOfIncomeTaxExpenseTableTextBlock" xlink:to="lab_fmx_DisclosureOfComponentsOfIncomeTaxExpenseTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CurrentLoansToEmployees_019b3310-031f-7498-a71a-ad80f5aff68e_terseLabel_en-US" xlink:label="lab_fmx_CurrentLoansToEmployees" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans to employees</link:label>
    <link:label id="lab_fmx_CurrentLoansToEmployees_label_en-US" xlink:label="lab_fmx_CurrentLoansToEmployees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Loans To Employees</link:label>
    <link:label id="lab_fmx_CurrentLoansToEmployees_documentation_en-US" xlink:label="lab_fmx_CurrentLoansToEmployees" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Current loans to employees.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CurrentLoansToEmployees" xlink:href="fmx-20251231.xsd#fmx_CurrentLoansToEmployees"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CurrentLoansToEmployees" xlink:to="lab_fmx_CurrentLoansToEmployees" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_RevenueOtherThanFromSales_019b3310-0272-77b7-a09a-20c8dea9b464_terseLabel_en-US" xlink:label="lab_fmx_RevenueOtherThanFromSales" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other operating revenues</link:label>
    <link:label id="lab_fmx_RevenueOtherThanFromSales_label_en-US" xlink:label="lab_fmx_RevenueOtherThanFromSales" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue Other Than From Sales</link:label>
    <link:label id="lab_fmx_RevenueOtherThanFromSales_documentation_en-US" xlink:label="lab_fmx_RevenueOtherThanFromSales" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of revenue from contracts with customers that is not in the form of sales of goods or services.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_RevenueOtherThanFromSales" xlink:href="fmx-20251231.xsd#fmx_RevenueOtherThanFromSales"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_RevenueOtherThanFromSales" xlink:to="lab_fmx_RevenueOtherThanFromSales" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityRegistrantName_019b3310-0272-7fe1-a791-92bfd876791a_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_label_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityRegistrantName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName" xlink:to="lab_dei_EntityRegistrantName" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RawMaterials_019b3310-0320-76d9-93e8-23114cddbe4b_terseLabel_en-US" xlink:label="lab_ifrs-full_RawMaterials" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Raw materials</link:label>
    <link:label id="lab_ifrs-full_RawMaterials_label_en-US" xlink:label="lab_ifrs-full_RawMaterials" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current raw materials</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RawMaterials" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RawMaterials"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RawMaterials" xlink:to="lab_ifrs-full_RawMaterials" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BasicEarningsLossPerShare_019b3310-0447-7ed6-9652-05bdfa261457_terseLabel_en-US" xlink:label="lab_ifrs-full_BasicEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic net controlling interest income per share (in pesos per share)</link:label>
    <link:label id="lab_ifrs-full_BasicEarningsLossPerShare_label_en-US" xlink:label="lab_ifrs-full_BasicEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Basic earnings (loss) per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BasicEarningsLossPerShare" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BasicEarningsLossPerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BasicEarningsLossPerShare" xlink:to="lab_ifrs-full_BasicEarningsLossPerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains_019b3310-0272-78c7-a2a6-f17ba6531c88_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign exchange (gain) loss , net</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for unrealised foreign exchange losses (gains)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:to="lab_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LiquidityRiskMember_019b3310-031f-7a2e-a42c-f8bf43b7bedd_terseLabel_en-US" xlink:label="lab_ifrs-full_LiquidityRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liquidity risk</link:label>
    <link:label id="lab_ifrs-full_LiquidityRiskMember_label_en-US" xlink:label="lab_ifrs-full_LiquidityRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liquidity risk [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LiquidityRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LiquidityRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LiquidityRiskMember" xlink:to="lab_ifrs-full_LiquidityRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss_019b3310-0271-71b3-80f2-1a3f75947e7d_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial instruments (current liability)</link:label>
    <link:label id="lab_ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current financial liabilities at fair value through profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:to="lab_ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_A3.9FixedTo8.6FixedInterestRateMember_019b3310-0271-79be-bffa-d9ec4f3d4aff_terseLabel_en-US" xlink:label="lab_fmx_A3.9FixedTo8.6FixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">3.9% fixed to 8.6% fixed interest rate</link:label>
    <link:label id="lab_fmx_A3.9FixedTo8.6FixedInterestRateMember_label_en-US" xlink:label="lab_fmx_A3.9FixedTo8.6FixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">3.9% Fixed To 8.6% Fixed Interest Rate [Member]</link:label>
    <link:label id="lab_fmx_A3.9FixedTo8.6FixedInterestRateMember_documentation_en-US" xlink:label="lab_fmx_A3.9FixedTo8.6FixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Member relating to fixed to fixed interest rate four.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_A3.9FixedTo8.6FixedInterestRateMember" xlink:href="fmx-20251231.xsd#fmx_A3.9FixedTo8.6FixedInterestRateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_A3.9FixedTo8.6FixedInterestRateMember" xlink:to="lab_fmx_A3.9FixedTo8.6FixedInterestRateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AllocationOfEarningsPercentageWeightedAverage_019b3310-0272-72a7-b836-4f1582c5d949_terseLabel_en-US" xlink:label="lab_fmx_AllocationOfEarningsPercentageWeightedAverage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Allocation of earnings, weighted</link:label>
    <link:label id="lab_fmx_AllocationOfEarningsPercentageWeightedAverage_label_en-US" xlink:label="lab_fmx_AllocationOfEarningsPercentageWeightedAverage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Allocation Of Earnings Percentage Weighted Average</link:label>
    <link:label id="lab_fmx_AllocationOfEarningsPercentageWeightedAverage_documentation_en-US" xlink:label="lab_fmx_AllocationOfEarningsPercentageWeightedAverage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Allocation of earnings percentage weighted average.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AllocationOfEarningsPercentageWeightedAverage" xlink:href="fmx-20251231.xsd#fmx_AllocationOfEarningsPercentageWeightedAverage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AllocationOfEarningsPercentageWeightedAverage" xlink:to="lab_fmx_AllocationOfEarningsPercentageWeightedAverage" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MeasurementAxis_019b3310-03be-756f-8a5d-e18599135d8a_terseLabel_en-US" xlink:label="lab_ifrs-full_MeasurementAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Measurement [axis]</link:label>
    <link:label id="lab_ifrs-full_MeasurementAxis_label_en-US" xlink:label="lab_ifrs-full_MeasurementAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Measurement [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MeasurementAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MeasurementAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MeasurementAxis" xlink:to="lab_ifrs-full_MeasurementAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfHyperinflationaryReportingLineItems_019b3310-0320-730f-b85b-1f9433247101_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfHyperinflationaryReportingLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of Hyperinflationary Reporting [line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfHyperinflationaryReportingLineItems_label_en-US" xlink:label="lab_fmx_DisclosureOfHyperinflationaryReportingLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Hyperinflationary Reporting [line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfHyperinflationaryReportingLineItems_documentation_en-US" xlink:label="lab_fmx_DisclosureOfHyperinflationaryReportingLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of hyperinflationary reporting.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfHyperinflationaryReportingLineItems" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfHyperinflationaryReportingLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfHyperinflationaryReportingLineItems" xlink:to="lab_fmx_DisclosureOfHyperinflationaryReportingLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ChangeInInterestRateEffectOnProfitLoss_019b3310-0320-7f6f-8962-449440d5bb34_terseLabel_en-US" xlink:label="lab_fmx_ChangeInInterestRateEffectOnProfitLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect on profit loss</link:label>
    <link:label id="lab_fmx_ChangeInInterestRateEffectOnProfitLoss_label_en-US" xlink:label="lab_fmx_ChangeInInterestRateEffectOnProfitLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Change In Interest Rate Effect On Profit Loss</link:label>
    <link:label id="lab_fmx_ChangeInInterestRateEffectOnProfitLoss_documentation_en-US" xlink:label="lab_fmx_ChangeInInterestRateEffectOnProfitLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Change in interest rate effect on profit loss.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ChangeInInterestRateEffectOnProfitLoss" xlink:href="fmx-20251231.xsd#fmx_ChangeInInterestRateEffectOnProfitLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ChangeInInterestRateEffectOnProfitLoss" xlink:to="lab_fmx_ChangeInInterestRateEffectOnProfitLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_MinimumAgeForRetirementBenefits_019b3310-031f-7d82-a616-44572c9ff589_terseLabel_en-US" xlink:label="lab_fmx_MinimumAgeForRetirementBenefits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum age for retirement benefits</link:label>
    <link:label id="lab_fmx_MinimumAgeForRetirementBenefits_label_en-US" xlink:label="lab_fmx_MinimumAgeForRetirementBenefits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum Age For Retirement Benefits</link:label>
    <link:label id="lab_fmx_MinimumAgeForRetirementBenefits_documentation_en-US" xlink:label="lab_fmx_MinimumAgeForRetirementBenefits" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Minimum age for retirement benefits.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_MinimumAgeForRetirementBenefits" xlink:href="fmx-20251231.xsd#fmx_MinimumAgeForRetirementBenefits"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_MinimumAgeForRetirementBenefits" xlink:to="lab_fmx_MinimumAgeForRetirementBenefits" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustedWeightedAverageShares_019b3310-031f-7de8-bf01-245ac93f5abe_totalLabel_en-US" xlink:label="lab_ifrs-full_AdjustedWeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Weighted average number of shares adjusted for the effect of dilution (Shares outstanding)</link:label>
    <link:label id="lab_ifrs-full_AdjustedWeightedAverageShares_label_en-US" xlink:label="lab_ifrs-full_AdjustedWeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average number of ordinary shares used in calculating diluted earnings per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustedWeightedAverageShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustedWeightedAverageShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustedWeightedAverageShares" xlink:to="lab_ifrs-full_AdjustedWeightedAverageShares" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BorrowingsInterestRateBasisSpread_019b3310-0320-796c-8573-0f7df0f17cce_terseLabel_en-US" xlink:label="lab_fmx_BorrowingsInterestRateBasisSpread" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basis points over the relevant benchmark</link:label>
    <link:label id="lab_fmx_BorrowingsInterestRateBasisSpread_label_en-US" xlink:label="lab_fmx_BorrowingsInterestRateBasisSpread" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings, Interest Rate Basis Spread</link:label>
    <link:label id="lab_fmx_BorrowingsInterestRateBasisSpread_documentation_en-US" xlink:label="lab_fmx_BorrowingsInterestRateBasisSpread" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Borrowings, Interest Rate Basis Spread</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BorrowingsInterestRateBasisSpread" xlink:href="fmx-20251231.xsd#fmx_BorrowingsInterestRateBasisSpread"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BorrowingsInterestRateBasisSpread" xlink:to="lab_fmx_BorrowingsInterestRateBasisSpread" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_A4375SeniorNotesDue2043Member_019b3310-03be-71e5-a48f-923c985105ba_terseLabel_en-US" xlink:label="lab_fmx_A4375SeniorNotesDue2043Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">4.375% Senior Notes due 2043</link:label>
    <link:label id="lab_fmx_A4375SeniorNotesDue2043Member_label_en-US" xlink:label="lab_fmx_A4375SeniorNotesDue2043Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">4.375% Senior Notes due 2043 [Member]</link:label>
    <link:label id="lab_fmx_A4375SeniorNotesDue2043Member_documentation_en-US" xlink:label="lab_fmx_A4375SeniorNotesDue2043Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Four point three seven five percent senior notes due 2043 [member].</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_A4375SeniorNotesDue2043Member" xlink:href="fmx-20251231.xsd#fmx_A4375SeniorNotesDue2043Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_A4375SeniorNotesDue2043Member" xlink:to="lab_fmx_A4375SeniorNotesDue2043Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FloatingInterestRateMember_019b3310-019e-74f7-8ae4-811fa02f888f_terseLabel_en-US" xlink:label="lab_ifrs-full_FloatingInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Floating interest rate</link:label>
    <link:label id="lab_ifrs-full_FloatingInterestRateMember_label_en-US" xlink:label="lab_ifrs-full_FloatingInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Floating interest rate [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FloatingInterestRateMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FloatingInterestRateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FloatingInterestRateMember" xlink:to="lab_ifrs-full_FloatingInterestRateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncreaseDecreaseThroughAcquisitionsAndNonControllingInterestEquity_019bebb6-5f63-7842-87c3-0df30351f9db_terseLabel_en-US" xlink:label="lab_fmx_IncreaseDecreaseThroughAcquisitionsAndNonControllingInterestEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of Caffenio's non-controlling interest</link:label>
    <link:label id="lab_fmx_IncreaseDecreaseThroughAcquisitionsAndNonControllingInterestEquity_label_en-US" xlink:label="lab_fmx_IncreaseDecreaseThroughAcquisitionsAndNonControllingInterestEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Acquisitions And Non-Controlling Interest, Equity</link:label>
    <link:label id="lab_fmx_IncreaseDecreaseThroughAcquisitionsAndNonControllingInterestEquity_documentation_en-US" xlink:label="lab_fmx_IncreaseDecreaseThroughAcquisitionsAndNonControllingInterestEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Acquisitions And Non-Controlling Interest, Equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncreaseDecreaseThroughAcquisitionsAndNonControllingInterestEquity" xlink:href="fmx-20251231.xsd#fmx_IncreaseDecreaseThroughAcquisitionsAndNonControllingInterestEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncreaseDecreaseThroughAcquisitionsAndNonControllingInterestEquity" xlink:to="lab_fmx_IncreaseDecreaseThroughAcquisitionsAndNonControllingInterestEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences_019b3310-019e-7f77-9690-06fbecc9e70f_terseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Origination and reversal of temporary differences</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred tax expense (income) relating to origination and reversal of temporary differences</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xlink:to="lab_ifrs-full_DeferredTaxExpenseIncomeRelatingToOriginationAndReversalOfTemporaryDifferences" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CEMRMXNL222LMember_019b3310-031f-7086-a562-bc9828e0668c_terseLabel_en-US" xlink:label="lab_fmx_CEMRMXNL222LMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CEMR MXN L22-2L</link:label>
    <link:label id="lab_fmx_CEMRMXNL222LMember_label_en-US" xlink:label="lab_fmx_CEMRMXNL222LMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CEMR MXN L22-2L [Member]</link:label>
    <link:label id="lab_fmx_CEMRMXNL222LMember_documentation_en-US" xlink:label="lab_fmx_CEMRMXNL222LMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">CEMR MXN L22-2L</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CEMRMXNL222LMember" xlink:href="fmx-20251231.xsd#fmx_CEMRMXNL222LMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CEMRMXNL222LMember" xlink:to="lab_fmx_CEMRMXNL222LMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain_019b3310-0271-7f70-9de2-b33f76f3ba16_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of intangible assets other than goodwill [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of intangible assets other than goodwill [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain" xlink:to="lab_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAsset_019b3310-031f-79a9-ae08-82c451918273_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discontinued operations</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in net defined benefit liability (asset)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_IncreaseDecreaseInNetDefinedBenefitLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable_019b3310-031f-7f27-a4b3-3563c2b32685_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of associates [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of associates [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable" xlink:to="lab_ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_EffectOnValuation_019b3310-0272-7e04-bde9-61b05e92f10f_terseLabel_en-US" xlink:label="lab_fmx_EffectOnValuation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect&#160;on&#160;Valuation</link:label>
    <link:label id="lab_fmx_EffectOnValuation_label_en-US" xlink:label="lab_fmx_EffectOnValuation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effect On Valuation</link:label>
    <link:label id="lab_fmx_EffectOnValuation_documentation_en-US" xlink:label="lab_fmx_EffectOnValuation" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effect on valuation.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_EffectOnValuation" xlink:href="fmx-20251231.xsd#fmx_EffectOnValuation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_EffectOnValuation" xlink:to="lab_fmx_EffectOnValuation" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DividendTransactionsMember_019b3310-03bf-78b2-9298-69738b85d561_terseLabel_en-US" xlink:label="lab_fmx_DividendTransactionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividend Transactions</link:label>
    <link:label id="lab_fmx_DividendTransactionsMember_label_en-US" xlink:label="lab_fmx_DividendTransactionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividend Transactions [Member]</link:label>
    <link:label id="lab_fmx_DividendTransactionsMember_documentation_en-US" xlink:label="lab_fmx_DividendTransactionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dividend Transactions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DividendTransactionsMember" xlink:href="fmx-20251231.xsd#fmx_DividendTransactionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DividendTransactionsMember" xlink:to="lab_fmx_DividendTransactionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NetPaySAPIDeCVMember_019b3310-0320-73b6-adb1-0e64886b06b0_terseLabel_en-US" xlink:label="lab_fmx_NetPaySAPIDeCVMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Pay S.A.P.I de C.V.</link:label>
    <link:label id="lab_fmx_NetPaySAPIDeCVMember_label_en-US" xlink:label="lab_fmx_NetPaySAPIDeCVMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Pay S.A.P.I de C.V. [Member]</link:label>
    <link:label id="lab_fmx_NetPaySAPIDeCVMember_documentation_en-US" xlink:label="lab_fmx_NetPaySAPIDeCVMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net Pay S.A.P.I de C.V.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NetPaySAPIDeCVMember" xlink:href="fmx-20251231.xsd#fmx_NetPaySAPIDeCVMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NetPaySAPIDeCVMember" xlink:to="lab_fmx_NetPaySAPIDeCVMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsMember_019b3310-031f-7434-b03a-42fa5ede75fe_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying amount of trade payables that are part of a supplier finance arrangement</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsMember_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities that are part of supplier finance arrangements [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsMember" xlink:to="lab_ifrs-full_FinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherForeignCurrencyTransactions_019b3310-0272-73fd-8102-5de11b1474db_terseLabel_en-US" xlink:label="lab_fmx_OtherForeignCurrencyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_fmx_OtherForeignCurrencyTransactions_label_en-US" xlink:label="lab_fmx_OtherForeignCurrencyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Foreign Currency Transactions</link:label>
    <link:label id="lab_fmx_OtherForeignCurrencyTransactions_documentation_en-US" xlink:label="lab_fmx_OtherForeignCurrencyTransactions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other foreign currency transactions.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherForeignCurrencyTransactions" xlink:href="fmx-20251231.xsd#fmx_OtherForeignCurrencyTransactions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherForeignCurrencyTransactions" xlink:to="lab_fmx_OtherForeignCurrencyTransactions" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_CumulativeEffectPeriodOfAdoptionAxis_019c9eb0-a3df-76dc-bd21-6c4d2bd6a664_terseLabel_en-US" xlink:label="lab_srt_CumulativeEffectPeriodOfAdoptionAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cumulative Effect, Period of Adoption [Axis]</link:label>
    <link:label id="lab_srt_CumulativeEffectPeriodOfAdoptionAxis_label_en-US" xlink:label="lab_srt_CumulativeEffectPeriodOfAdoptionAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cumulative Effect, Period of Adoption [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_CumulativeEffectPeriodOfAdoptionAxis" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_CumulativeEffectPeriodOfAdoptionAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_CumulativeEffectPeriodOfAdoptionAxis" xlink:to="lab_srt_CumulativeEffectPeriodOfAdoptionAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AllCurrenciesOtherThanPesoMember_019b3310-0272-74e5-b820-3aaa0622c1b1_terseLabel_en-US" xlink:label="lab_fmx_AllCurrenciesOtherThanPesoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">All Currencies Other Than Peso</link:label>
    <link:label id="lab_fmx_AllCurrenciesOtherThanPesoMember_label_en-US" xlink:label="lab_fmx_AllCurrenciesOtherThanPesoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">All Currencies Other Than Peso [Member]</link:label>
    <link:label id="lab_fmx_AllCurrenciesOtherThanPesoMember_documentation_en-US" xlink:label="lab_fmx_AllCurrenciesOtherThanPesoMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information pertaining to all currencies other than the local currency, which is the peso.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AllCurrenciesOtherThanPesoMember" xlink:href="fmx-20251231.xsd#fmx_AllCurrenciesOtherThanPesoMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AllCurrenciesOtherThanPesoMember" xlink:to="lab_fmx_AllCurrenciesOtherThanPesoMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncreaseInForeignCurrencyRateEffectOnEquity_019b3310-03be-7ca0-b2fc-e5c60a8a02a4_terseLabel_en-US" xlink:label="lab_fmx_IncreaseInForeignCurrencyRateEffectOnEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect on equity from increase in exchange rate</link:label>
    <link:label id="lab_fmx_IncreaseInForeignCurrencyRateEffectOnEquity_label_en-US" xlink:label="lab_fmx_IncreaseInForeignCurrencyRateEffectOnEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase In Foreign Currency Rate Effect On Equity</link:label>
    <link:label id="lab_fmx_IncreaseInForeignCurrencyRateEffectOnEquity_documentation_en-US" xlink:label="lab_fmx_IncreaseInForeignCurrencyRateEffectOnEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effect on equity from increase in foreign currency exchange rate.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncreaseInForeignCurrencyRateEffectOnEquity" xlink:href="fmx-20251231.xsd#fmx_IncreaseInForeignCurrencyRateEffectOnEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncreaseInForeignCurrencyRateEffectOnEquity" xlink:to="lab_fmx_IncreaseInForeignCurrencyRateEffectOnEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LongTermBorrowingsYankeeBondMember_019b3310-03bf-710d-909c-979dbde1ab09_terseLabel_en-US" xlink:label="lab_fmx_LongTermBorrowingsYankeeBondMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long term borrowings Yankee bond</link:label>
    <link:label id="lab_fmx_LongTermBorrowingsYankeeBondMember_label_en-US" xlink:label="lab_fmx_LongTermBorrowingsYankeeBondMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long Term borrowings Yankee Bond [Member]</link:label>
    <link:label id="lab_fmx_LongTermBorrowingsYankeeBondMember_documentation_en-US" xlink:label="lab_fmx_LongTermBorrowingsYankeeBondMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Long term borrowings Yankee bond.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LongTermBorrowingsYankeeBondMember" xlink:href="fmx-20251231.xsd#fmx_LongTermBorrowingsYankeeBondMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LongTermBorrowingsYankeeBondMember" xlink:to="lab_fmx_LongTermBorrowingsYankeeBondMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncontrollingInterests_019b3310-019e-77cb-93ef-545e79956233_verboseLabel_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Non-controlling interest</link:label>
    <link:label id="lab_ifrs-full_NoncontrollingInterests_019b3310-019e-7a20-9257-5c3a479dbde8_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non controlling interest</link:label>
    <link:label id="lab_ifrs-full_NoncontrollingInterests_019d9116-c7f2-7c16-8e46-469b846027dc_netLabel_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterests" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Total amount of final settlement</link:label>
    <link:label id="lab_ifrs-full_NoncontrollingInterests_label_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-controlling interests</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncontrollingInterests" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncontrollingInterests"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncontrollingInterests" xlink:to="lab_ifrs-full_NoncontrollingInterests" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReservesWithinEquityDomain_019b3310-031f-7d23-b4b4-bf70feacd8ff_terseLabel_en-US" xlink:label="lab_ifrs-full_ReservesWithinEquityDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reserves within equity [domain]</link:label>
    <link:label id="lab_ifrs-full_ReservesWithinEquityDomain_label_en-US" xlink:label="lab_ifrs-full_ReservesWithinEquityDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserves within equity [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReservesWithinEquityDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReservesWithinEquityDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReservesWithinEquityDomain" xlink:to="lab_ifrs-full_ReservesWithinEquityDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DebtSecuritiesMember_019b3310-0320-7fa4-b700-a4cc87541dc3_terseLabel_en-US" xlink:label="lab_ifrs-full_DebtSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt securities</link:label>
    <link:label id="lab_ifrs-full_DebtSecuritiesMember_label_en-US" xlink:label="lab_ifrs-full_DebtSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt securities [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DebtSecuritiesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DebtSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DebtSecuritiesMember" xlink:to="lab_ifrs-full_DebtSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax_019b3310-019e-78c0-8455-43f635ee1b06_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in fair value of financial instruments recognized in OCI</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on financial assets measured at fair value through other comprehensive income, before tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax" xlink:to="lab_ifrs-full_GainsLossesOnFinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeBeforeTax" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SegmentConsolidationItemsAxis_019b3310-0272-7fd1-bc2d-aaa0f4bab90d_terseLabel_en-US" xlink:label="lab_ifrs-full_SegmentConsolidationItemsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segment consolidation items [axis]</link:label>
    <link:label id="lab_ifrs-full_SegmentConsolidationItemsAxis_label_en-US" xlink:label="lab_ifrs-full_SegmentConsolidationItemsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment consolidation items [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SegmentConsolidationItemsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SegmentConsolidationItemsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SegmentConsolidationItemsAxis" xlink:to="lab_ifrs-full_SegmentConsolidationItemsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory_019b3310-0272-78c9-86d5-72f2d9a6fe84_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employee Benefits</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of employee benefits [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfEmployeeBenefitsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ImpairmentOfLongLivedAssets_019b3310-0272-7694-86e6-91d6b146b71c_terseLabel_en-US" xlink:label="lab_fmx_ImpairmentOfLongLivedAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairment of long-lived assets</link:label>
    <link:label id="lab_fmx_ImpairmentOfLongLivedAssets_label_en-US" xlink:label="lab_fmx_ImpairmentOfLongLivedAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impairment Of Long-Lived Assets</link:label>
    <link:label id="lab_fmx_ImpairmentOfLongLivedAssets_documentation_en-US" xlink:label="lab_fmx_ImpairmentOfLongLivedAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of impairment loss during the period excluding impairment of intangible assets and other impairment.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ImpairmentOfLongLivedAssets" xlink:href="fmx-20251231.xsd#fmx_ImpairmentOfLongLivedAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ImpairmentOfLongLivedAssets" xlink:to="lab_fmx_ImpairmentOfLongLivedAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillExplanatory_019b3310-0272-7a2f-aaa3-bf9f827e726b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Reconciliation of Changes in Intangible Assets and Goodwill</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in intangible assets and goodwill [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillExplanatory" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ScheduleOfWriteDownsTableTextBlock_019b3310-0272-7cbc-a2a4-b43c3af2b1e8_terseLabel_en-US" xlink:label="lab_fmx_ScheduleOfWriteDownsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Write-Downs</link:label>
    <link:label id="lab_fmx_ScheduleOfWriteDownsTableTextBlock_label_en-US" xlink:label="lab_fmx_ScheduleOfWriteDownsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Write-Downs [Table Text Block]</link:label>
    <link:label id="lab_fmx_ScheduleOfWriteDownsTableTextBlock_documentation_en-US" xlink:label="lab_fmx_ScheduleOfWriteDownsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Write-Downs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ScheduleOfWriteDownsTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_ScheduleOfWriteDownsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ScheduleOfWriteDownsTableTextBlock" xlink:to="lab_fmx_ScheduleOfWriteDownsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ProximityEuropeMember_019bccc3-9fce-70e4-a4bd-b43492c3b96a_verboseLabel_en-US" xlink:label="lab_fmx_ProximityEuropeMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Proximity Europe Division</link:label>
    <link:label id="lab_fmx_ProximityEuropeMember_019b3310-031f-7f41-a92a-552b3710ad1d_terseLabel_en-US" xlink:label="lab_fmx_ProximityEuropeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proximity Europe Division</link:label>
    <link:label id="lab_fmx_ProximityEuropeMember_label_en-US" xlink:label="lab_fmx_ProximityEuropeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proximity - Europe [Member]</link:label>
    <link:label id="lab_fmx_ProximityEuropeMember_documentation_en-US" xlink:label="lab_fmx_ProximityEuropeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proximity - Europe</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ProximityEuropeMember" xlink:href="fmx-20251231.xsd#fmx_ProximityEuropeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ProximityEuropeMember" xlink:to="lab_fmx_ProximityEuropeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NetTaxableIncomeDenominatedBalance_019b3310-0320-7465-b769-cfb07be76e66_terseLabel_en-US" xlink:label="lab_fmx_NetTaxableIncomeDenominatedBalance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total CUFIN balance amount</link:label>
    <link:label id="lab_fmx_NetTaxableIncomeDenominatedBalance_label_en-US" xlink:label="lab_fmx_NetTaxableIncomeDenominatedBalance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Taxable Income Denominated Balance</link:label>
    <link:label id="lab_fmx_NetTaxableIncomeDenominatedBalance_documentation_en-US" xlink:label="lab_fmx_NetTaxableIncomeDenominatedBalance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net taxable income, denominated "Cuenta de utilidad Fiscal Neta" (CUFIN") balance.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NetTaxableIncomeDenominatedBalance" xlink:href="fmx-20251231.xsd#fmx_NetTaxableIncomeDenominatedBalance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NetTaxableIncomeDenominatedBalance" xlink:to="lab_fmx_NetTaxableIncomeDenominatedBalance" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_AllCurrenciesDomain_019b3310-031f-7e15-a795-743b5a4b0ccb_terseLabel_en-US" xlink:label="lab_currency_AllCurrenciesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">All Currencies [Domain]</link:label>
    <link:label id="lab_currency_AllCurrenciesDomain_label_en-US" xlink:label="lab_currency_AllCurrenciesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">All Currencies [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_AllCurrenciesDomain" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_AllCurrenciesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_AllCurrenciesDomain" xlink:to="lab_currency_AllCurrenciesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityAbstract_019b3310-031f-7b59-81f9-6cd763e4106b_terseLabel_en-US" xlink:label="lab_ifrs-full_EquityAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">EQUITY</link:label>
    <link:label id="lab_ifrs-full_EquityAbstract_label_en-US" xlink:label="lab_ifrs-full_EquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAbstract" xlink:to="lab_ifrs-full_EquityAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable_019b3310-031f-78d1-957b-d3b74433ed17_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:to="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherExpenseByNature_019b3310-03bf-776e-946e-108714c8423a_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherExpenseByNature" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Other expenses</link:label>
    <link:label id="lab_ifrs-full_OtherExpenseByNature_label_en-US" xlink:label="lab_ifrs-full_OtherExpenseByNature" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other expenses, by nature</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherExpenseByNature" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherExpenseByNature"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherExpenseByNature" xlink:to="lab_ifrs-full_OtherExpenseByNature" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfSummarisedFinancialInformationOfAssociateAccountedForUsingEquityMethodToCarryingAmountOfInterestInAssociateExplanatory_019b3310-03be-7f36-a0ed-2442dd93f2d9_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfSummarisedFinancialInformationOfAssociateAccountedForUsingEquityMethodToCarryingAmountOfInterestInAssociateExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Reconciliation from Equity of Associate to Investment of Company</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfSummarisedFinancialInformationOfAssociateAccountedForUsingEquityMethodToCarryingAmountOfInterestInAssociateExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfSummarisedFinancialInformationOfAssociateAccountedForUsingEquityMethodToCarryingAmountOfInterestInAssociateExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of summarised financial information of associate accounted for using equity method to carrying amount of interest in associate [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfSummarisedFinancialInformationOfAssociateAccountedForUsingEquityMethodToCarryingAmountOfInterestInAssociateExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfSummarisedFinancialInformationOfAssociateAccountedForUsingEquityMethodToCarryingAmountOfInterestInAssociateExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfSummarisedFinancialInformationOfAssociateAccountedForUsingEquityMethodToCarryingAmountOfInterestInAssociateExplanatory" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfSummarisedFinancialInformationOfAssociateAccountedForUsingEquityMethodToCarryingAmountOfInterestInAssociateExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LaborMember_019b3310-0272-745d-ab99-78d179a71996_terseLabel_en-US" xlink:label="lab_fmx_LaborMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Labor</link:label>
    <link:label id="lab_fmx_LaborMember_label_en-US" xlink:label="lab_fmx_LaborMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Labor [Member]</link:label>
    <link:label id="lab_fmx_LaborMember_documentation_en-US" xlink:label="lab_fmx_LaborMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Labor.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LaborMember" xlink:href="fmx-20251231.xsd#fmx_LaborMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LaborMember" xlink:to="lab_fmx_LaborMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DieselPriceContractsMember_019b3310-0272-7675-aabf-1577270aa4e6_terseLabel_en-US" xlink:label="lab_fmx_DieselPriceContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Diesel price contracts</link:label>
    <link:label id="lab_fmx_DieselPriceContractsMember_label_en-US" xlink:label="lab_fmx_DieselPriceContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Diesel Price Contracts [Member]</link:label>
    <link:label id="lab_fmx_DieselPriceContractsMember_documentation_en-US" xlink:label="lab_fmx_DieselPriceContractsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Diesel Price Contracts</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DieselPriceContractsMember" xlink:href="fmx-20251231.xsd#fmx_DieselPriceContractsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DieselPriceContractsMember" xlink:to="lab_fmx_DieselPriceContractsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CannedProductsMember_019b3310-0320-70f1-a277-49d52e7ba435_terseLabel_en-US" xlink:label="lab_fmx_CannedProductsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Canned products</link:label>
    <link:label id="lab_fmx_CannedProductsMember_label_en-US" xlink:label="lab_fmx_CannedProductsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Canned Products [Member]</link:label>
    <link:label id="lab_fmx_CannedProductsMember_documentation_en-US" xlink:label="lab_fmx_CannedProductsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Canned products.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CannedProductsMember" xlink:href="fmx-20251231.xsd#fmx_CannedProductsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CannedProductsMember" xlink:to="lab_fmx_CannedProductsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentPrepayments_019b3310-031f-7456-a376-33a83f678506_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentPrepayments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prepaid bonuses</link:label>
    <link:label id="lab_ifrs-full_NoncurrentPrepayments_label_en-US" xlink:label="lab_ifrs-full_NoncurrentPrepayments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current prepayments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentPrepayments" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentPrepayments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentPrepayments" xlink:to="lab_ifrs-full_NoncurrentPrepayments" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfInterestRateRiskExposureLineItems_019b3310-03bf-71ec-966b-7b0d984fa55e_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfInterestRateRiskExposureLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of Interest Rate Risk Exposure [line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfInterestRateRiskExposureLineItems_label_en-US" xlink:label="lab_fmx_DisclosureOfInterestRateRiskExposureLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Interest Rate Risk Exposure [line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfInterestRateRiskExposureLineItems_documentation_en-US" xlink:label="lab_fmx_DisclosureOfInterestRateRiskExposureLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of interest rate risk exposure line items.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfInterestRateRiskExposureLineItems" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfInterestRateRiskExposureLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfInterestRateRiskExposureLineItems" xlink:to="lab_fmx_DisclosureOfInterestRateRiskExposureLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfInvestmentsLineItems_019b3310-03bf-78a7-8e14-725591b00317_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfInvestmentsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments</link:label>
    <link:label id="lab_fmx_DisclosureOfInvestmentsLineItems_label_en-US" xlink:label="lab_fmx_DisclosureOfInvestmentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Investments [line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfInvestmentsLineItems_documentation_en-US" xlink:label="lab_fmx_DisclosureOfInvestmentsLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of investments line items.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfInvestmentsLineItems" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfInvestmentsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfInvestmentsLineItems" xlink:to="lab_fmx_DisclosureOfInvestmentsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ExchangeDifferencesOnTranslationOfForeignOperationsMember_019b3310-03bf-7142-a18a-3e4c901b38a3_terseLabel_en-US" xlink:label="lab_fmx_ExchangeDifferencesOnTranslationOfForeignOperationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange differences on translation of foreign operations</link:label>
    <link:label id="lab_fmx_ExchangeDifferencesOnTranslationOfForeignOperationsMember_label_en-US" xlink:label="lab_fmx_ExchangeDifferencesOnTranslationOfForeignOperationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Exchange differences on translation of foreign operations [Member]</link:label>
    <link:label id="lab_fmx_ExchangeDifferencesOnTranslationOfForeignOperationsMember_documentation_en-US" xlink:label="lab_fmx_ExchangeDifferencesOnTranslationOfForeignOperationsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This member stands for Exchange differences on translation of foreign operations.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ExchangeDifferencesOnTranslationOfForeignOperationsMember" xlink:href="fmx-20251231.xsd#fmx_ExchangeDifferencesOnTranslationOfForeignOperationsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ExchangeDifferencesOnTranslationOfForeignOperationsMember" xlink:to="lab_fmx_ExchangeDifferencesOnTranslationOfForeignOperationsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PensionAndRetirementPlansMember_019b3310-03bf-7692-bf92-b43b8430f9bc_terseLabel_en-US" xlink:label="lab_fmx_PensionAndRetirementPlansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pension and Retirement Plans</link:label>
    <link:label id="lab_fmx_PensionAndRetirementPlansMember_label_en-US" xlink:label="lab_fmx_PensionAndRetirementPlansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pension And Retirement Plans [Member]</link:label>
    <link:label id="lab_fmx_PensionAndRetirementPlansMember_documentation_en-US" xlink:label="lab_fmx_PensionAndRetirementPlansMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Pension and retirement plans.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PensionAndRetirementPlansMember" xlink:href="fmx-20251231.xsd#fmx_PensionAndRetirementPlansMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PensionAndRetirementPlansMember" xlink:to="lab_fmx_PensionAndRetirementPlansMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_VariableCapitalMaximumMultipleOfFixedCapital_019b3310-03bf-7c45-8291-f448e2d70a32_terseLabel_en-US" xlink:label="lab_fmx_VariableCapitalMaximumMultipleOfFixedCapital" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable capital, maximum multiple of fixed capital</link:label>
    <link:label id="lab_fmx_VariableCapitalMaximumMultipleOfFixedCapital_label_en-US" xlink:label="lab_fmx_VariableCapitalMaximumMultipleOfFixedCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Capital Maximum Multiple Of Fixed Capital</link:label>
    <link:label id="lab_fmx_VariableCapitalMaximumMultipleOfFixedCapital_documentation_en-US" xlink:label="lab_fmx_VariableCapitalMaximumMultipleOfFixedCapital" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The maximum multiple that variable capital may not exceed in comparison to fixed capital.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_VariableCapitalMaximumMultipleOfFixedCapital" xlink:href="fmx-20251231.xsd#fmx_VariableCapitalMaximumMultipleOfFixedCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_VariableCapitalMaximumMultipleOfFixedCapital" xlink:to="lab_fmx_VariableCapitalMaximumMultipleOfFixedCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_FountainAguaMineralLTDAMember_019b3310-03be-76e2-acfd-54c001200440_terseLabel_en-US" xlink:label="lab_fmx_FountainAguaMineralLTDAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fountain Agua Mineral, L.T.D.A.</link:label>
    <link:label id="lab_fmx_FountainAguaMineralLTDAMember_label_en-US" xlink:label="lab_fmx_FountainAguaMineralLTDAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fountain Agua Mineral, LTDA [Member]</link:label>
    <link:label id="lab_fmx_FountainAguaMineralLTDAMember_documentation_en-US" xlink:label="lab_fmx_FountainAguaMineralLTDAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fountain Agua Mineral, LTDA.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_FountainAguaMineralLTDAMember" xlink:href="fmx-20251231.xsd#fmx_FountainAguaMineralLTDAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_FountainAguaMineralLTDAMember" xlink:to="lab_fmx_FountainAguaMineralLTDAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IfrsIncomeStatementLocationDomain_019b3310-0272-7d71-9334-c161d41c85c0_terseLabel_en-US" xlink:label="lab_fmx_IfrsIncomeStatementLocationDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Statement Location [Domain]</link:label>
    <link:label id="lab_fmx_IfrsIncomeStatementLocationDomain_label_en-US" xlink:label="lab_fmx_IfrsIncomeStatementLocationDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement Location [Domain]</link:label>
    <link:label id="lab_fmx_IfrsIncomeStatementLocationDomain_documentation_en-US" xlink:label="lab_fmx_IfrsIncomeStatementLocationDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Location in the income statement.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IfrsIncomeStatementLocationDomain" xlink:href="fmx-20251231.xsd#fmx_IfrsIncomeStatementLocationDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IfrsIncomeStatementLocationDomain" xlink:to="lab_fmx_IfrsIncomeStatementLocationDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherEquipmentMember_019b3310-03bf-777c-a52f-c92edd279e3f_terseLabel_en-US" xlink:label="lab_fmx_OtherEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other equipment</link:label>
    <link:label id="lab_fmx_OtherEquipmentMember_label_en-US" xlink:label="lab_fmx_OtherEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other equipment [Member]</link:label>
    <link:label id="lab_fmx_OtherEquipmentMember_documentation_en-US" xlink:label="lab_fmx_OtherEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Equipment [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherEquipmentMember" xlink:href="fmx-20251231.xsd#fmx_OtherEquipmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherEquipmentMember" xlink:to="lab_fmx_OtherEquipmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_019b3310-0271-7dc3-b2e9-ca6b4a8e8b65_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Actuarial (gains) losses arising from exchange rates</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_019b3310-0271-7c25-a202-041747ee173a_verboseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Foreign exchange (gain) or loss</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_019beb4b-4a41-745e-a848-aaa7139c0a36_netLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Foreign exchange loss</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in net defined benefit liability (asset) resulting from changes in foreign exchange rates, net defined benefit liability (asset)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PromotoraMexicanaDeEmbotelladoresSADeCVMember_019b3310-031f-76ad-94a8-7b517d160f47_terseLabel_en-US" xlink:label="lab_fmx_PromotoraMexicanaDeEmbotelladoresSADeCVMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Promotora Mexicana de Embotelladores, S.A. de C.V.</link:label>
    <link:label id="lab_fmx_PromotoraMexicanaDeEmbotelladoresSADeCVMember_label_en-US" xlink:label="lab_fmx_PromotoraMexicanaDeEmbotelladoresSADeCVMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Promotora Mexicana de Embotelladores, S.A. de C.V. [Member]</link:label>
    <link:label id="lab_fmx_PromotoraMexicanaDeEmbotelladoresSADeCVMember_documentation_en-US" xlink:label="lab_fmx_PromotoraMexicanaDeEmbotelladoresSADeCVMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Promotora Mexicana De Embotelladores SADeCV.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PromotoraMexicanaDeEmbotelladoresSADeCVMember" xlink:href="fmx-20251231.xsd#fmx_PromotoraMexicanaDeEmbotelladoresSADeCVMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PromotoraMexicanaDeEmbotelladoresSADeCVMember" xlink:to="lab_fmx_PromotoraMexicanaDeEmbotelladoresSADeCVMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInFinancialAssetsAbstract_019b3310-0271-7bec-b17b-0eb56bb62bb3_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInFinancialAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (decrease) in financial assets [abstract]</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInFinancialAssetsAbstract_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInFinancialAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in financial assets [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInFinancialAssetsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInFinancialAssetsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInFinancialAssetsAbstract" xlink:to="lab_ifrs-full_IncreaseDecreaseInFinancialAssetsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_HedgingInstrumentsAxis_019b3310-03bf-777a-a669-812a92b73780_terseLabel_en-US" xlink:label="lab_ifrs-full_HedgingInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedging instruments [axis]</link:label>
    <link:label id="lab_ifrs-full_HedgingInstrumentsAxis_label_en-US" xlink:label="lab_ifrs-full_HedgingInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedging instruments [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_HedgingInstrumentsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_HedgingInstrumentsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_HedgingInstrumentsAxis" xlink:to="lab_ifrs-full_HedgingInstrumentsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory_019b3310-0272-72e5-9da3-7aa2e9d93818_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for investments other than investments accounted for using equity method [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_019b3310-019e-709b-952e-3668749b52a3_terseLabel_en-US" xlink:label="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions</link:label>
    <link:label id="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_label_en-US" xlink:label="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additions other than through business combinations, intangible assets other than goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:to="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_EffectiveIncomeTaxRateContinuedOperations_019b3310-03bf-7c09-adce-4576864e0dfe_terseLabel_en-US" xlink:label="lab_fmx_EffectiveIncomeTaxRateContinuedOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effective income tax rate from continued operations</link:label>
    <link:label id="lab_fmx_EffectiveIncomeTaxRateContinuedOperations_label_en-US" xlink:label="lab_fmx_EffectiveIncomeTaxRateContinuedOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective income tax rate, continued operations</link:label>
    <link:label id="lab_fmx_EffectiveIncomeTaxRateContinuedOperations_documentation_en-US" xlink:label="lab_fmx_EffectiveIncomeTaxRateContinuedOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effective income tax rate, continued operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_EffectiveIncomeTaxRateContinuedOperations" xlink:href="fmx-20251231.xsd#fmx_EffectiveIncomeTaxRateContinuedOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_EffectiveIncomeTaxRateContinuedOperations" xlink:to="lab_fmx_EffectiveIncomeTaxRateContinuedOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases_019b3310-03be-7f77-8517-e6bf09f59582_terseLabel_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Future pension increases</link:label>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases_label_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Actuarial assumption of expected rates of pension increases</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases" xlink:to="lab_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_WriteDownsForDamagedAssetsNetOfInsuranceRecovery_019b3310-031f-78f1-a543-7a227bae9358_totalLabel_en-US" xlink:label="lab_fmx_WriteDownsForDamagedAssetsNetOfInsuranceRecovery" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_fmx_WriteDownsForDamagedAssetsNetOfInsuranceRecovery_label_en-US" xlink:label="lab_fmx_WriteDownsForDamagedAssetsNetOfInsuranceRecovery" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Write-Downs For Damaged Assets, Net Of Insurance Recovery</link:label>
    <link:label id="lab_fmx_WriteDownsForDamagedAssetsNetOfInsuranceRecovery_documentation_en-US" xlink:label="lab_fmx_WriteDownsForDamagedAssetsNetOfInsuranceRecovery" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Write-Downs For Damaged Assets, Net Of Insurance Recovery</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_WriteDownsForDamagedAssetsNetOfInsuranceRecovery" xlink:href="fmx-20251231.xsd#fmx_WriteDownsForDamagedAssetsNetOfInsuranceRecovery"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_WriteDownsForDamagedAssetsNetOfInsuranceRecovery" xlink:to="lab_fmx_WriteDownsForDamagedAssetsNetOfInsuranceRecovery" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_019d299b-1aee-7815-9f14-8070123331e9_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value of investment</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for gains (losses) on fair value adjustment, investment property</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:to="lab_ifrs-full_AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_IcfrAuditorAttestationFlag_019b3310-0320-743c-9a4d-9be61402a5e3_terseLabel_en-US" xlink:label="lab_dei_IcfrAuditorAttestationFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ICFR Auditor Attestation Flag</link:label>
    <link:label id="lab_dei_IcfrAuditorAttestationFlag_label_en-US" xlink:label="lab_dei_IcfrAuditorAttestationFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">ICFR Auditor Attestation Flag</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_IcfrAuditorAttestationFlag" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_IcfrAuditorAttestationFlag"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_IcfrAuditorAttestationFlag" xlink:to="lab_dei_IcfrAuditorAttestationFlag" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueOfPlanAssetsExplanatory_019b3310-0271-7a94-853b-dcdab36966c2_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueOfPlanAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Changes in the Balance of Plan Assets</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueOfPlanAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueOfPlanAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of fair value of plan assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueOfPlanAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueOfPlanAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueOfPlanAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFairValueOfPlanAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ImpairmentLossOnInvestments_019b3310-019e-7dfa-a3de-917856bdd180_terseLabel_en-US" xlink:label="lab_fmx_ImpairmentLossOnInvestments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairment loss on investments</link:label>
    <link:label id="lab_fmx_ImpairmentLossOnInvestments_label_en-US" xlink:label="lab_fmx_ImpairmentLossOnInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impairment Loss On Investments</link:label>
    <link:label id="lab_fmx_ImpairmentLossOnInvestments_documentation_en-US" xlink:label="lab_fmx_ImpairmentLossOnInvestments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Impairment Loss On Investments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ImpairmentLossOnInvestments" xlink:href="fmx-20251231.xsd#fmx_ImpairmentLossOnInvestments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ImpairmentLossOnInvestments" xlink:to="lab_fmx_ImpairmentLossOnInvestments" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LaterThanThirtyYearsMember_019b3310-0320-7bad-939b-604dc20257cb_terseLabel_en-US" xlink:label="lab_fmx_LaterThanThirtyYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2050</link:label>
    <link:label id="lab_fmx_LaterThanThirtyYearsMember_label_en-US" xlink:label="lab_fmx_LaterThanThirtyYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later Than Thirty Years [Member]</link:label>
    <link:label id="lab_fmx_LaterThanThirtyYearsMember_documentation_en-US" xlink:label="lab_fmx_LaterThanThirtyYearsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Later Than Thirty Years</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LaterThanThirtyYearsMember" xlink:href="fmx-20251231.xsd#fmx_LaterThanThirtyYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LaterThanThirtyYearsMember" xlink:to="lab_fmx_LaterThanThirtyYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DispensadorasDeCafeSAPIDeCVMember_019b3310-031f-70d7-af6a-75750bc0dc01_terseLabel_en-US" xlink:label="lab_fmx_DispensadorasDeCafeSAPIDeCVMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dispensadoras de Caf&#233;, S.A.P.I. de C.V.</link:label>
    <link:label id="lab_fmx_DispensadorasDeCafeSAPIDeCVMember_label_en-US" xlink:label="lab_fmx_DispensadorasDeCafeSAPIDeCVMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dispensadoras de Cafe, S.A.P.I. de C.V. [Member]</link:label>
    <link:label id="lab_fmx_DispensadorasDeCafeSAPIDeCVMember_documentation_en-US" xlink:label="lab_fmx_DispensadorasDeCafeSAPIDeCVMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dispensadoras de Cafe, S.A.P.I. de C.V.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DispensadorasDeCafeSAPIDeCVMember" xlink:href="fmx-20251231.xsd#fmx_DispensadorasDeCafeSAPIDeCVMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DispensadorasDeCafeSAPIDeCVMember" xlink:to="lab_fmx_DispensadorasDeCafeSAPIDeCVMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherMaterialNoncashItems_019b3310-0320-776e-b034-26cb3477548e_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherMaterialNoncashItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-cash items other than depreciation and amortization</link:label>
    <link:label id="lab_ifrs-full_OtherMaterialNoncashItems_label_en-US" xlink:label="lab_ifrs-full_OtherMaterialNoncashItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other material non-cash items</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherMaterialNoncashItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherMaterialNoncashItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherMaterialNoncashItems" xlink:to="lab_ifrs-full_OtherMaterialNoncashItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsForWhichSuppliersHaveReceivedPaymentMember_019b3310-03bf-7be6-b858-f6588bd135a9_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsForWhichSuppliersHaveReceivedPaymentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Of which suppliers have received payment</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsForWhichSuppliersHaveReceivedPaymentMember_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsForWhichSuppliersHaveReceivedPaymentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities that are part of supplier finance arrangements for which suppliers have received payment [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsForWhichSuppliersHaveReceivedPaymentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsForWhichSuppliersHaveReceivedPaymentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsForWhichSuppliersHaveReceivedPaymentMember" xlink:to="lab_ifrs-full_FinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsForWhichSuppliersHaveReceivedPaymentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_MaximumReserveForSharePurchase_019b3310-0272-7505-883b-890978d73f97_terseLabel_en-US" xlink:label="lab_fmx_MaximumReserveForSharePurchase" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum reserve for share purchase</link:label>
    <link:label id="lab_fmx_MaximumReserveForSharePurchase_label_en-US" xlink:label="lab_fmx_MaximumReserveForSharePurchase" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum Reserve For Share Purchase</link:label>
    <link:label id="lab_fmx_MaximumReserveForSharePurchase_documentation_en-US" xlink:label="lab_fmx_MaximumReserveForSharePurchase" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Maximum reserve for share purchase.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_MaximumReserveForSharePurchase" xlink:href="fmx-20251231.xsd#fmx_MaximumReserveForSharePurchase"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_MaximumReserveForSharePurchase" xlink:to="lab_fmx_MaximumReserveForSharePurchase" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SocialSecurityContributions_019b3310-031f-7837-9d4e-9762eda294b8_terseLabel_en-US" xlink:label="lab_ifrs-full_SocialSecurityContributions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Social security costs</link:label>
    <link:label id="lab_ifrs-full_SocialSecurityContributions_label_en-US" xlink:label="lab_ifrs-full_SocialSecurityContributions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Social security contributions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SocialSecurityContributions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SocialSecurityContributions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SocialSecurityContributions" xlink:to="lab_ifrs-full_SocialSecurityContributions" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NetBenefitCostRecognizedInTheConsolidatedStatementsOfIncomeMember_019b3310-03bf-727c-a164-411ff27593b6_terseLabel_en-US" xlink:label="lab_fmx_NetBenefitCostRecognizedInTheConsolidatedStatementsOfIncomeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net benefit cost recognized in the consolidated statements of income</link:label>
    <link:label id="lab_fmx_NetBenefitCostRecognizedInTheConsolidatedStatementsOfIncomeMember_label_en-US" xlink:label="lab_fmx_NetBenefitCostRecognizedInTheConsolidatedStatementsOfIncomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Benefit Cost Recognized In The Consolidated Statements Of Income [Member]</link:label>
    <link:label id="lab_fmx_NetBenefitCostRecognizedInTheConsolidatedStatementsOfIncomeMember_documentation_en-US" xlink:label="lab_fmx_NetBenefitCostRecognizedInTheConsolidatedStatementsOfIncomeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net benefit cost recognized in the consolidated statements of income.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NetBenefitCostRecognizedInTheConsolidatedStatementsOfIncomeMember" xlink:href="fmx-20251231.xsd#fmx_NetBenefitCostRecognizedInTheConsolidatedStatementsOfIncomeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NetBenefitCostRecognizedInTheConsolidatedStatementsOfIncomeMember" xlink:to="lab_fmx_NetBenefitCostRecognizedInTheConsolidatedStatementsOfIncomeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ImpairmentLoss_019b3310-03bf-7732-8d44-b1a1393598b6_terseLabel_en-US" xlink:label="lab_ifrs-full_ImpairmentLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairment of long-lived assets</link:label>
    <link:label id="lab_ifrs-full_ImpairmentLoss_label_en-US" xlink:label="lab_ifrs-full_ImpairmentLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impairment loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ImpairmentLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ImpairmentLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ImpairmentLoss" xlink:to="lab_ifrs-full_ImpairmentLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfDetailedInformationAboutPrepaidExpensesExplanatoryTableTextBlock_019b3310-0320-782a-a9a0-b241acb5d1bf_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfDetailedInformationAboutPrepaidExpensesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Prepaid Expenses</link:label>
    <link:label id="lab_fmx_DisclosureOfDetailedInformationAboutPrepaidExpensesExplanatoryTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfDetailedInformationAboutPrepaidExpensesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Detailed Information About Prepaid Expenses Explanatory [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfDetailedInformationAboutPrepaidExpensesExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfDetailedInformationAboutPrepaidExpensesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of detailed information about prepaid expenses explanatory.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfDetailedInformationAboutPrepaidExpensesExplanatoryTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfDetailedInformationAboutPrepaidExpensesExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfDetailedInformationAboutPrepaidExpensesExplanatoryTableTextBlock" xlink:to="lab_fmx_DisclosureOfDetailedInformationAboutPrepaidExpensesExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForAmortisationExpense_019b3310-0272-76a1-a959-c107ae2fae9c_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForAmortisationExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization of intangible assets and other current assets</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForAmortisationExpense_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForAmortisationExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for amortisation expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForAmortisationExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForAmortisationExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForAmortisationExpense" xlink:to="lab_ifrs-full_AdjustmentsForAmortisationExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AuditorFirmId_019b3310-019e-78f7-88e2-b7a93818a235_terseLabel_en-US" xlink:label="lab_dei_AuditorFirmId" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Auditor Firm ID</link:label>
    <link:label id="lab_dei_AuditorFirmId_label_en-US" xlink:label="lab_dei_AuditorFirmId" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Auditor Firm ID</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AuditorFirmId" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AuditorFirmId"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AuditorFirmId" xlink:to="lab_dei_AuditorFirmId" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits_019b3310-03bf-7101-973b-8107b2ca1be6_terseLabel_en-US" xlink:label="lab_ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Postemployment benefits</link:label>
    <link:label id="lab_ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits_label_en-US" xlink:label="lab_ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Key management personnel compensation, post-employment benefits</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:to="lab_ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ValuationOfEffectivePortionOfDerivativeFinancialInstrumentsNetOfTax_019b3310-0272-76f7-97c3-cb8fb501990b_terseLabel_en-US" xlink:label="lab_fmx_ValuationOfEffectivePortionOfDerivativeFinancialInstrumentsNetOfTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">(Loss) gain on valuation of the effective portion of derivative financial instruments</link:label>
    <link:label id="lab_fmx_ValuationOfEffectivePortionOfDerivativeFinancialInstrumentsNetOfTax_label_en-US" xlink:label="lab_fmx_ValuationOfEffectivePortionOfDerivativeFinancialInstrumentsNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Valuation Of Effective Portion Of Derivative Financial Instruments Net Of Tax</link:label>
    <link:label id="lab_fmx_ValuationOfEffectivePortionOfDerivativeFinancialInstrumentsNetOfTax_documentation_en-US" xlink:label="lab_fmx_ValuationOfEffectivePortionOfDerivativeFinancialInstrumentsNetOfTax" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Valuation Of Effective Portion Of Derivative Financial Instruments Net Of Tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ValuationOfEffectivePortionOfDerivativeFinancialInstrumentsNetOfTax" xlink:href="fmx-20251231.xsd#fmx_ValuationOfEffectivePortionOfDerivativeFinancialInstrumentsNetOfTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ValuationOfEffectivePortionOfDerivativeFinancialInstrumentsNetOfTax" xlink:to="lab_fmx_ValuationOfEffectivePortionOfDerivativeFinancialInstrumentsNetOfTax" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_RWF_019b3310-031f-7a5d-b192-e8f0cbe36719_terseLabel_en-US" xlink:label="lab_currency_RWF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">All Currencies [Domain]</link:label>
    <link:label id="lab_currency_RWF_label_en-US" xlink:label="lab_currency_RWF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rwanda, Rwanda Francs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_RWF" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_RWF"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_RWF" xlink:to="lab_currency_RWF" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IndemnifiableAssetsFromBusinessCombinationNonCurrent_019b3310-0320-7972-bbce-93a20303a97c_verboseLabel_en-US" xlink:label="lab_fmx_IndemnifiableAssetsFromBusinessCombinationNonCurrent" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Indemnifiable assets from business combinations</link:label>
    <link:label id="lab_fmx_IndemnifiableAssetsFromBusinessCombinationNonCurrent_label_en-US" xlink:label="lab_fmx_IndemnifiableAssetsFromBusinessCombinationNonCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indemnifiable Assets From Business Combination, Non-Current</link:label>
    <link:label id="lab_fmx_IndemnifiableAssetsFromBusinessCombinationNonCurrent_documentation_en-US" xlink:label="lab_fmx_IndemnifiableAssetsFromBusinessCombinationNonCurrent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Indemnifiable assets from business combination.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IndemnifiableAssetsFromBusinessCombinationNonCurrent" xlink:href="fmx-20251231.xsd#fmx_IndemnifiableAssetsFromBusinessCombinationNonCurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IndemnifiableAssetsFromBusinessCombinationNonCurrent" xlink:to="lab_fmx_IndemnifiableAssetsFromBusinessCombinationNonCurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersExplanatory_019b3310-0271-7218-8d45-29d2712cae96_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Disaggregation of Revenue by Geographic Area, Business Unit and Products and Services Categories</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of disaggregation of revenue from contracts with customers [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDisaggregationOfRevenueFromContractsWithCustomersExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ScheduleOfIncomeTaxRecognizedAsOtherComprehensiveIncomeLossExplanatoryTableTextBlock_019b3310-0320-75bd-9517-43bbb0c178fd_terseLabel_en-US" xlink:label="lab_fmx_ScheduleOfIncomeTaxRecognizedAsOtherComprehensiveIncomeLossExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Income Tax Expense/Benefit Recognized in Consolidated Statement of Other Comprehensive Income</link:label>
    <link:label id="lab_fmx_ScheduleOfIncomeTaxRecognizedAsOtherComprehensiveIncomeLossExplanatoryTableTextBlock_label_en-US" xlink:label="lab_fmx_ScheduleOfIncomeTaxRecognizedAsOtherComprehensiveIncomeLossExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Income Tax Recognized As Other Comprehensive Income Loss Explanatory [Table Text Block]</link:label>
    <link:label id="lab_fmx_ScheduleOfIncomeTaxRecognizedAsOtherComprehensiveIncomeLossExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_fmx_ScheduleOfIncomeTaxRecognizedAsOtherComprehensiveIncomeLossExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of income tax recognized as other comprehensive income loss explanatory.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ScheduleOfIncomeTaxRecognizedAsOtherComprehensiveIncomeLossExplanatoryTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_ScheduleOfIncomeTaxRecognizedAsOtherComprehensiveIncomeLossExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ScheduleOfIncomeTaxRecognizedAsOtherComprehensiveIncomeLossExplanatoryTableTextBlock" xlink:to="lab_fmx_ScheduleOfIncomeTaxRecognizedAsOtherComprehensiveIncomeLossExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PTMMember_019bccaa-aa6b-7e57-a2af-be51d32947e4_terseLabel_en-US" xlink:label="lab_fmx_PTMMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">PTM</link:label>
    <link:label id="lab_fmx_PTMMember_label_en-US" xlink:label="lab_fmx_PTMMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">PTM [Member]</link:label>
    <link:label id="lab_fmx_PTMMember_documentation_en-US" xlink:label="lab_fmx_PTMMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">PTM</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PTMMember" xlink:href="fmx-20251231.xsd#fmx_PTMMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PTMMember" xlink:to="lab_fmx_PTMMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NumberOfSeriesDSharesIssued_019b3310-031f-7fb5-af42-7eade4b32fdc_terseLabel_en-US" xlink:label="lab_fmx_NumberOfSeriesDSharesIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series "D" (in shares)</link:label>
    <link:label id="lab_fmx_NumberOfSeriesDSharesIssued_label_en-US" xlink:label="lab_fmx_NumberOfSeriesDSharesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Series D Shares Issued</link:label>
    <link:label id="lab_fmx_NumberOfSeriesDSharesIssued_documentation_en-US" xlink:label="lab_fmx_NumberOfSeriesDSharesIssued" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of series D shares issued.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NumberOfSeriesDSharesIssued" xlink:href="fmx-20251231.xsd#fmx_NumberOfSeriesDSharesIssued"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NumberOfSeriesDSharesIssued" xlink:to="lab_fmx_NumberOfSeriesDSharesIssued" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfExchangeRatesTable_019b3310-0271-711b-80d4-81fe6060246e_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfExchangeRatesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Exchange Rates [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfExchangeRatesTable_label_en-US" xlink:label="lab_fmx_DisclosureOfExchangeRatesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Exchange Rates [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfExchangeRatesTable_documentation_en-US" xlink:label="lab_fmx_DisclosureOfExchangeRatesTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of exchange rates [table].</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfExchangeRatesTable" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfExchangeRatesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfExchangeRatesTable" xlink:to="lab_fmx_DisclosureOfExchangeRatesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_019b3310-0272-70a7-b173-7c2964caa1fc_verboseLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Equity holders of the parent</link:label>
    <link:label id="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_label_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive income, attributable to owners of parent</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:to="lab_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesHeldForTradingExplanatory_019b3310-031f-794f-a853-597418854798_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialLiabilitiesHeldForTradingExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Fair Value of Company's Publicly Traded Debt</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesHeldForTradingExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialLiabilitiesHeldForTradingExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial liabilities held for trading [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialLiabilitiesHeldForTradingExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialLiabilitiesHeldForTradingExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialLiabilitiesHeldForTradingExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFinancialLiabilitiesHeldForTradingExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossOfAcquiree_019b3310-03bf-7008-87d9-603d08891b23_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossOfAcquiree" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net loss</link:label>
    <link:label id="lab_ifrs-full_ProfitLossOfAcquiree_label_en-US" xlink:label="lab_ifrs-full_ProfitLossOfAcquiree" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss) of acquiree since acquisition date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossOfAcquiree" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossOfAcquiree"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossOfAcquiree" xlink:to="lab_ifrs-full_ProfitLossOfAcquiree" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Liabilities_019b3310-019e-7cbc-a494-5b6fdf19f64c_totalLabel_en-US" xlink:label="lab_ifrs-full_Liabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">TOTAL LIABILITIES</link:label>
    <link:label id="lab_ifrs-full_Liabilities_019b3310-019e-7e5a-9841-9cb989c5312b_terseLabel_en-US" xlink:label="lab_ifrs-full_Liabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total liabilities</link:label>
    <link:label id="lab_ifrs-full_Liabilities_label_en-US" xlink:label="lab_ifrs-full_Liabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Liabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Liabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Liabilities" xlink:to="lab_ifrs-full_Liabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_019b3310-019e-7950-b7dd-2f2fbf162577_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Others</link:label>
    <link:label id="lab_ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_label_en-US" xlink:label="lab_ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other tax rate effects for reconciliation between accounting profit and tax expense (income)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:to="lab_ifrs-full_OtherTaxRateEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_InformationTechnologyAndManagementSystemCostsMember_019b3310-0272-74f2-bf0c-794da3f58303_terseLabel_en-US" xlink:label="lab_fmx_InformationTechnologyAndManagementSystemCostsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Information technology and management system costs</link:label>
    <link:label id="lab_fmx_InformationTechnologyAndManagementSystemCostsMember_label_en-US" xlink:label="lab_fmx_InformationTechnologyAndManagementSystemCostsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Information technology and management system costs [Member]</link:label>
    <link:label id="lab_fmx_InformationTechnologyAndManagementSystemCostsMember_documentation_en-US" xlink:label="lab_fmx_InformationTechnologyAndManagementSystemCostsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information technology and management system costs.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_InformationTechnologyAndManagementSystemCostsMember" xlink:href="fmx-20251231.xsd#fmx_InformationTechnologyAndManagementSystemCostsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_InformationTechnologyAndManagementSystemCostsMember" xlink:to="lab_fmx_InformationTechnologyAndManagementSystemCostsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_FixedAssetRetirementExpense_019b3310-0272-7629-a3d4-c89f7f571889_terseLabel_en-US" xlink:label="lab_fmx_FixedAssetRetirementExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disposal of long-lived assets</link:label>
    <link:label id="lab_fmx_FixedAssetRetirementExpense_label_en-US" xlink:label="lab_fmx_FixedAssetRetirementExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fixed Asset Retirement Expense</link:label>
    <link:label id="lab_fmx_FixedAssetRetirementExpense_documentation_en-US" xlink:label="lab_fmx_FixedAssetRetirementExpense" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of expense recognized during the period for fixed and other assets that were retired from ordinary operations.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_FixedAssetRetirementExpense" xlink:href="fmx-20251231.xsd#fmx_FixedAssetRetirementExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_FixedAssetRetirementExpense" xlink:to="lab_fmx_FixedAssetRetirementExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfInvestmentsInSubsidiariesJointVenturesAndAssociatesTable_019b3310-0272-7c1f-811d-36856179686d_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfInvestmentsInSubsidiariesJointVenturesAndAssociatesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of Investments in Subsidiaries Joint Ventures and Associates [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfInvestmentsInSubsidiariesJointVenturesAndAssociatesTable_label_en-US" xlink:label="lab_fmx_DisclosureOfInvestmentsInSubsidiariesJointVenturesAndAssociatesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Investments in Subsidiaries Joint Ventures and Associates [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfInvestmentsInSubsidiariesJointVenturesAndAssociatesTable_documentation_en-US" xlink:label="lab_fmx_DisclosureOfInvestmentsInSubsidiariesJointVenturesAndAssociatesTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule disclosing information related to investments in subsidiaries joint ventures and associates.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfInvestmentsInSubsidiariesJointVenturesAndAssociatesTable" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfInvestmentsInSubsidiariesJointVenturesAndAssociatesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfInvestmentsInSubsidiariesJointVenturesAndAssociatesTable" xlink:to="lab_fmx_DisclosureOfInvestmentsInSubsidiariesJointVenturesAndAssociatesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates_019b3310-019e-7475-b7d6-9048317b356e_terseLabel_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Healthcare cost increase rate</link:label>
    <link:label id="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates_label_en-US" xlink:label="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Actuarial assumption of medical cost trend rates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" xlink:to="lab_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfOutstandingInterestRateSwapAgreementsExplanatoryTableTextBlock_019b3310-03be-7a15-af85-1b7848e9c5e0_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfOutstandingInterestRateSwapAgreementsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Disclosure of Outstanding Interest Rate Swap Agreements</link:label>
    <link:label id="lab_fmx_DisclosureOfOutstandingInterestRateSwapAgreementsExplanatoryTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfOutstandingInterestRateSwapAgreementsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Outstanding Interest Rate Swap Agreements Explanatory [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfOutstandingInterestRateSwapAgreementsExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfOutstandingInterestRateSwapAgreementsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of outstanding interest rate swap agreements.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfOutstandingInterestRateSwapAgreementsExplanatoryTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfOutstandingInterestRateSwapAgreementsExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfOutstandingInterestRateSwapAgreementsExplanatoryTableTextBlock" xlink:to="lab_fmx_DisclosureOfOutstandingInterestRateSwapAgreementsExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherMember_019b3310-019e-7ba6-be64-a831d7e7315e_terseLabel_en-US" xlink:label="lab_fmx_OtherMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_fmx_OtherMember_label_en-US" xlink:label="lab_fmx_OtherMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other [Member]</link:label>
    <link:label id="lab_fmx_OtherMember_documentation_en-US" xlink:label="lab_fmx_OtherMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other subsidiaries.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherMember" xlink:href="fmx-20251231.xsd#fmx_OtherMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherMember" xlink:to="lab_fmx_OtherMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BetweenTwelveAndTwentyYearsMember_019b3310-0320-7604-b332-c9db18620ac3_terseLabel_en-US" xlink:label="lab_fmx_BetweenTwelveAndTwentyYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Between Twelve and Twenty Years</link:label>
    <link:label id="lab_fmx_BetweenTwelveAndTwentyYearsMember_label_en-US" xlink:label="lab_fmx_BetweenTwelveAndTwentyYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Between Twelve and Twenty Years [Member]</link:label>
    <link:label id="lab_fmx_BetweenTwelveAndTwentyYearsMember_documentation_en-US" xlink:label="lab_fmx_BetweenTwelveAndTwentyYearsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Between Twelve and Twenty Years</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BetweenTwelveAndTwentyYearsMember" xlink:href="fmx-20251231.xsd#fmx_BetweenTwelveAndTwentyYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BetweenTwelveAndTwentyYearsMember" xlink:to="lab_fmx_BetweenTwelveAndTwentyYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NetBenefitCostRecognizedInConsolidatedStatementsOfAccumulatedOtherComprehensiveIncomeMember_019b3310-019e-7d77-b977-8ab319931c03_terseLabel_en-US" xlink:label="lab_fmx_NetBenefitCostRecognizedInConsolidatedStatementsOfAccumulatedOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net benefit cost recognized in consolidated statements of accumulated other comprehensive income</link:label>
    <link:label id="lab_fmx_NetBenefitCostRecognizedInConsolidatedStatementsOfAccumulatedOtherComprehensiveIncomeMember_label_en-US" xlink:label="lab_fmx_NetBenefitCostRecognizedInConsolidatedStatementsOfAccumulatedOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Benefit Cost Recognized In Consolidated Statements Of Accumulated Other Comprehensive Income [Member]</link:label>
    <link:label id="lab_fmx_NetBenefitCostRecognizedInConsolidatedStatementsOfAccumulatedOtherComprehensiveIncomeMember_documentation_en-US" xlink:label="lab_fmx_NetBenefitCostRecognizedInConsolidatedStatementsOfAccumulatedOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net benefit cost recognized in consolidated statements of accumulated other comprehensive income.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NetBenefitCostRecognizedInConsolidatedStatementsOfAccumulatedOtherComprehensiveIncomeMember" xlink:href="fmx-20251231.xsd#fmx_NetBenefitCostRecognizedInConsolidatedStatementsOfAccumulatedOtherComprehensiveIncomeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NetBenefitCostRecognizedInConsolidatedStatementsOfAccumulatedOtherComprehensiveIncomeMember" xlink:to="lab_fmx_NetBenefitCostRecognizedInConsolidatedStatementsOfAccumulatedOtherComprehensiveIncomeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AdjustmentsForNonCashOperatingExpenses_019b3310-03bf-73f1-830a-930e68fea3b3_verboseLabel_en-US" xlink:label="lab_fmx_AdjustmentsForNonCashOperatingExpenses" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Operating non-cash expenses (income)</link:label>
    <link:label id="lab_fmx_AdjustmentsForNonCashOperatingExpenses_label_en-US" xlink:label="lab_fmx_AdjustmentsForNonCashOperatingExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments For Non Cash Operating Expenses</link:label>
    <link:label id="lab_fmx_AdjustmentsForNonCashOperatingExpenses_documentation_en-US" xlink:label="lab_fmx_AdjustmentsForNonCashOperatingExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustments for non cash operating expenses.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AdjustmentsForNonCashOperatingExpenses" xlink:href="fmx-20251231.xsd#fmx_AdjustmentsForNonCashOperatingExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AdjustmentsForNonCashOperatingExpenses" xlink:to="lab_fmx_AdjustmentsForNonCashOperatingExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_RetainedEarningsOfEquityAccountedInvestees_019b3310-0272-718e-9da1-1d3a84663364_terseLabel_en-US" xlink:label="lab_fmx_RetainedEarningsOfEquityAccountedInvestees" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained earnings of equity method accounted investees</link:label>
    <link:label id="lab_fmx_RetainedEarningsOfEquityAccountedInvestees_label_en-US" xlink:label="lab_fmx_RetainedEarningsOfEquityAccountedInvestees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained earnings of equity accounted investees</link:label>
    <link:label id="lab_fmx_RetainedEarningsOfEquityAccountedInvestees_documentation_en-US" xlink:label="lab_fmx_RetainedEarningsOfEquityAccountedInvestees" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effect on deferred taxes of retained earnings of equity accounted investees.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_RetainedEarningsOfEquityAccountedInvestees" xlink:href="fmx-20251231.xsd#fmx_RetainedEarningsOfEquityAccountedInvestees"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_RetainedEarningsOfEquityAccountedInvestees" xlink:to="lab_fmx_RetainedEarningsOfEquityAccountedInvestees" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetLineItems_019b3310-0320-7556-83eb-9952cbfe10e7_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of net defined benefit liability (asset) [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of net defined benefit liability (asset) [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetLineItems" xlink:to="lab_ifrs-full_DisclosureOfNetDefinedBenefitLiabilityAssetLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentTaxLiabilitiesCurrent_019b3310-031f-7f84-bd97-cc10c9fdc4f5_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income tax payable</link:label>
    <link:label id="lab_ifrs-full_CurrentTaxLiabilitiesCurrent_label_en-US" xlink:label="lab_ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current tax liabilities, current</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentTaxLiabilitiesCurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:to="lab_ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncomeFromRelatedPartyAbstract_019b3310-0271-7228-95d0-04edf690c788_terseLabel_en-US" xlink:label="lab_fmx_IncomeFromRelatedPartyAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income:</link:label>
    <link:label id="lab_fmx_IncomeFromRelatedPartyAbstract_label_en-US" xlink:label="lab_fmx_IncomeFromRelatedPartyAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income from related party [abstract]</link:label>
    <link:label id="lab_fmx_IncomeFromRelatedPartyAbstract_documentation_en-US" xlink:label="lab_fmx_IncomeFromRelatedPartyAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income from related party [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncomeFromRelatedPartyAbstract" xlink:href="fmx-20251231.xsd#fmx_IncomeFromRelatedPartyAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncomeFromRelatedPartyAbstract" xlink:to="lab_fmx_IncomeFromRelatedPartyAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfHedgeAccountingTable_019b3310-031f-79a6-aaad-d5c5d6d941d4_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfHedgeAccountingTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedges [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfHedgeAccountingTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfHedgeAccountingTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedges [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfHedgeAccountingTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfHedgeAccountingTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfHedgeAccountingTable" xlink:to="lab_ifrs-full_DisclosureOfHedgeAccountingTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfAmountOfDefinedBenefitPlanExpenseAndOtherComprehensiveIncomeImpactInAbsoluteTermsOfVariationOnNetDefinedBenefitLiabilityExplanatoryTableTextBlock_019b3310-031f-7ec1-ab11-04b5d666dd69_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfAmountOfDefinedBenefitPlanExpenseAndOtherComprehensiveIncomeImpactInAbsoluteTermsOfVariationOnNetDefinedBenefitLiabilityExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Amount of Defined Benefit Plan Expense and OCI Impact in Absolute Terms of Variation on Net Defined Benefit Liability</link:label>
    <link:label id="lab_fmx_DisclosureOfAmountOfDefinedBenefitPlanExpenseAndOtherComprehensiveIncomeImpactInAbsoluteTermsOfVariationOnNetDefinedBenefitLiabilityExplanatoryTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfAmountOfDefinedBenefitPlanExpenseAndOtherComprehensiveIncomeImpactInAbsoluteTermsOfVariationOnNetDefinedBenefitLiabilityExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Amount Of Defined Benefit Plan Expense And Other Comprehensive Income Impact In Absolute Terms of Variation on Net Defined Benefit Liability Explanatory [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfAmountOfDefinedBenefitPlanExpenseAndOtherComprehensiveIncomeImpactInAbsoluteTermsOfVariationOnNetDefinedBenefitLiabilityExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfAmountOfDefinedBenefitPlanExpenseAndOtherComprehensiveIncomeImpactInAbsoluteTermsOfVariationOnNetDefinedBenefitLiabilityExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of amount of defined benefit plan expense and other comprehensive income impact in absolute terms of variation on net defined benefit liability explanatory.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfAmountOfDefinedBenefitPlanExpenseAndOtherComprehensiveIncomeImpactInAbsoluteTermsOfVariationOnNetDefinedBenefitLiabilityExplanatoryTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfAmountOfDefinedBenefitPlanExpenseAndOtherComprehensiveIncomeImpactInAbsoluteTermsOfVariationOnNetDefinedBenefitLiabilityExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfAmountOfDefinedBenefitPlanExpenseAndOtherComprehensiveIncomeImpactInAbsoluteTermsOfVariationOnNetDefinedBenefitLiabilityExplanatoryTableTextBlock" xlink:to="lab_fmx_DisclosureOfAmountOfDefinedBenefitPlanExpenseAndOtherComprehensiveIncomeImpactInAbsoluteTermsOfVariationOnNetDefinedBenefitLiabilityExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory_019b3310-0272-79ed-b66a-e3a3e430f5c7_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for intangible assets other than goodwill [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AmortizationExpenseReportedInCostOfGoodsSold_019b3310-0320-7d41-b4a8-3b3440d1e826_terseLabel_en-US" xlink:label="lab_fmx_AmortizationExpenseReportedInCostOfGoodsSold" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost of goods sold</link:label>
    <link:label id="lab_fmx_AmortizationExpenseReportedInCostOfGoodsSold_label_en-US" xlink:label="lab_fmx_AmortizationExpenseReportedInCostOfGoodsSold" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization Expense Reported In Cost Of Goods Sold</link:label>
    <link:label id="lab_fmx_AmortizationExpenseReportedInCostOfGoodsSold_documentation_en-US" xlink:label="lab_fmx_AmortizationExpenseReportedInCostOfGoodsSold" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amortisation expense reported in cost of goods sold.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AmortizationExpenseReportedInCostOfGoodsSold" xlink:href="fmx-20251231.xsd#fmx_AmortizationExpenseReportedInCostOfGoodsSold"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AmortizationExpenseReportedInCostOfGoodsSold" xlink:to="lab_fmx_AmortizationExpenseReportedInCostOfGoodsSold" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_019b3310-0272-7954-94ca-e633a6ad3ba7_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effects of changes in foreign exchange rates</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through net exchange differences, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOtherAssetsExplanatory_019b3310-03bf-7586-a919-e69b59c7139f_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Other Non-Current Assets</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOtherAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of other assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOtherAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesTable_019b3310-0272-75ec-b7c2-96c900572e43_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of information for cash-generating units [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of information for cash-generating units [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesTable" xlink:to="lab_ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TrustAssetsFixedAndVariableReturnPercentage_019b3310-0272-721f-b03a-36721e7ae8f1_totalLabel_en-US" xlink:label="lab_fmx_TrustAssetsFixedAndVariableReturnPercentage" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Trust assets fixed and variable return percentage</link:label>
    <link:label id="lab_fmx_TrustAssetsFixedAndVariableReturnPercentage_label_en-US" xlink:label="lab_fmx_TrustAssetsFixedAndVariableReturnPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trust Assets Fixed And Variable Return Percentage</link:label>
    <link:label id="lab_fmx_TrustAssetsFixedAndVariableReturnPercentage_documentation_en-US" xlink:label="lab_fmx_TrustAssetsFixedAndVariableReturnPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Trust assets fixed and variable return percentage.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TrustAssetsFixedAndVariableReturnPercentage" xlink:href="fmx-20251231.xsd#fmx_TrustAssetsFixedAndVariableReturnPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TrustAssetsFixedAndVariableReturnPercentage" xlink:to="lab_fmx_TrustAssetsFixedAndVariableReturnPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable_019b3310-0271-7394-a827-da1c562e37a2_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of nature and extent of risks arising from financial instruments [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of nature and extent of risks arising from financial instruments [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable" xlink:to="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_InvestmentsInOtherAssetsDeferredCharges_019d96fa-e890-7b4c-96c0-2d4c53bd88f5_negatedLabel_en-US" xlink:label="lab_fmx_InvestmentsInOtherAssetsDeferredCharges" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Investment in other assets</link:label>
    <link:label id="lab_fmx_InvestmentsInOtherAssetsDeferredCharges_label_en-US" xlink:label="lab_fmx_InvestmentsInOtherAssetsDeferredCharges" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments In Other Assets, Deferred Charges</link:label>
    <link:label id="lab_fmx_InvestmentsInOtherAssetsDeferredCharges_documentation_en-US" xlink:label="lab_fmx_InvestmentsInOtherAssetsDeferredCharges" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investments In Other Assets, Deferred Charges</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_InvestmentsInOtherAssetsDeferredCharges" xlink:href="fmx-20251231.xsd#fmx_InvestmentsInOtherAssetsDeferredCharges"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_InvestmentsInOtherAssetsDeferredCharges" xlink:to="lab_fmx_InvestmentsInOtherAssetsDeferredCharges" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LeaseLiabilitiesMember_019b3310-0272-7e34-b647-e5cd4785e177_terseLabel_en-US" xlink:label="lab_ifrs-full_LeaseLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease liabilities</link:label>
    <link:label id="lab_ifrs-full_LeaseLiabilitiesMember_label_en-US" xlink:label="lab_ifrs-full_LeaseLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lease liabilities [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LeaseLiabilitiesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LeaseLiabilitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LeaseLiabilitiesMember" xlink:to="lab_ifrs-full_LeaseLiabilitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_NIO_019b3310-0447-7d90-9d32-631b64f5d046_terseLabel_en-US" xlink:label="lab_currency_NIO" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cordoba</link:label>
    <link:label id="lab_currency_NIO_label_en-US" xlink:label="lab_currency_NIO" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Nicaragua, Cordobas</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_NIO" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_NIO"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_NIO" xlink:to="lab_currency_NIO" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_JetroRestaurantDepotMember_019b3310-0271-7880-9557-6d8bcfca71f7_terseLabel_en-US" xlink:label="lab_fmx_JetroRestaurantDepotMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Jetro Restaurant Depot</link:label>
    <link:label id="lab_fmx_JetroRestaurantDepotMember_label_en-US" xlink:label="lab_fmx_JetroRestaurantDepotMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Jetro Restaurant Depot [Member]</link:label>
    <link:label id="lab_fmx_JetroRestaurantDepotMember_documentation_en-US" xlink:label="lab_fmx_JetroRestaurantDepotMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Jetro Restaurant Depot</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_JetroRestaurantDepotMember" xlink:href="fmx-20251231.xsd#fmx_JetroRestaurantDepotMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_JetroRestaurantDepotMember" xlink:to="lab_fmx_JetroRestaurantDepotMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BorrowingsClearingPrice_019b3310-03bf-7d7b-b5c1-c0878b43d3f8_terseLabel_en-US" xlink:label="lab_fmx_BorrowingsClearingPrice" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Clearing price (in euros per share)</link:label>
    <link:label id="lab_fmx_BorrowingsClearingPrice_label_en-US" xlink:label="lab_fmx_BorrowingsClearingPrice" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings, Clearing Price</link:label>
    <link:label id="lab_fmx_BorrowingsClearingPrice_documentation_en-US" xlink:label="lab_fmx_BorrowingsClearingPrice" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Borrowings, Clearing Price</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BorrowingsClearingPrice" xlink:href="fmx-20251231.xsd#fmx_BorrowingsClearingPrice"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BorrowingsClearingPrice" xlink:to="lab_fmx_BorrowingsClearingPrice" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CHFEURMember_019b3310-019e-71aa-9e82-93d8a9d16f2c_terseLabel_en-US" xlink:label="lab_fmx_CHFEURMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CHF/EUR</link:label>
    <link:label id="lab_fmx_CHFEURMember_label_en-US" xlink:label="lab_fmx_CHFEURMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CHF/EUR [Member]</link:label>
    <link:label id="lab_fmx_CHFEURMember_documentation_en-US" xlink:label="lab_fmx_CHFEURMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">CHF/EUR</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CHFEURMember" xlink:href="fmx-20251231.xsd#fmx_CHFEURMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CHFEURMember" xlink:to="lab_fmx_CHFEURMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems_019b3310-0320-7120-819f-43721bbbe133_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of financial instruments by type of interest rate [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial instruments by type of interest rate [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsByTypeOfInterestRateLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_HealthDivisionMember_019b3310-03bf-795e-8cb7-3c2456e5eaa7_terseLabel_en-US" xlink:label="lab_fmx_HealthDivisionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Health Division</link:label>
    <link:label id="lab_fmx_HealthDivisionMember_label_en-US" xlink:label="lab_fmx_HealthDivisionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Health Division [Member]</link:label>
    <link:label id="lab_fmx_HealthDivisionMember_documentation_en-US" xlink:label="lab_fmx_HealthDivisionMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Health Division</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_HealthDivisionMember" xlink:href="fmx-20251231.xsd#fmx_HealthDivisionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_HealthDivisionMember" xlink:to="lab_fmx_HealthDivisionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingsMaturity_019cafb4-6d0c-7cd7-876e-cab52b8179ee_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsMaturity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maturity</link:label>
    <link:label id="lab_ifrs-full_BorrowingsMaturity_label_en-US" xlink:label="lab_ifrs-full_BorrowingsMaturity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings, maturity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsMaturity" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsMaturity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsMaturity" xlink:to="lab_ifrs-full_BorrowingsMaturity" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncreaseThroughDerecognitionFinancialAssets_019d2adb-df46-73dd-99bd-e68a1855e1e3_terseLabel_en-US" xlink:label="lab_fmx_IncreaseThroughDerecognitionFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disposal of businesses</link:label>
    <link:label id="lab_fmx_IncreaseThroughDerecognitionFinancialAssets_label_en-US" xlink:label="lab_fmx_IncreaseThroughDerecognitionFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase through derecognition, financial assets</link:label>
    <link:label id="lab_fmx_IncreaseThroughDerecognitionFinancialAssets_documentation_en-US" xlink:label="lab_fmx_IncreaseThroughDerecognitionFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase through derecognition, financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncreaseThroughDerecognitionFinancialAssets" xlink:href="fmx-20251231.xsd#fmx_IncreaseThroughDerecognitionFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncreaseThroughDerecognitionFinancialAssets" xlink:to="lab_fmx_IncreaseThroughDerecognitionFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DebtCertificatesMaturingOn2033Member_019b3310-0272-7245-a7c5-504038117c5f_terseLabel_en-US" xlink:label="lab_fmx_DebtCertificatesMaturingOn2033Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Certificates Maturing on 2033</link:label>
    <link:label id="lab_fmx_DebtCertificatesMaturingOn2033Member_label_en-US" xlink:label="lab_fmx_DebtCertificatesMaturingOn2033Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Certificates Maturing on 2033 [Member]</link:label>
    <link:label id="lab_fmx_DebtCertificatesMaturingOn2033Member_documentation_en-US" xlink:label="lab_fmx_DebtCertificatesMaturingOn2033Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the information pertaining to debt certificate maturing on 2033.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DebtCertificatesMaturingOn2033Member" xlink:href="fmx-20251231.xsd#fmx_DebtCertificatesMaturingOn2033Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DebtCertificatesMaturingOn2033Member" xlink:to="lab_fmx_DebtCertificatesMaturingOn2033Member" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NetBenefitCostRecognizedInFinancialStatementsDomain_019b3310-0272-7144-b845-8a36df3343d3_terseLabel_en-US" xlink:label="lab_fmx_NetBenefitCostRecognizedInFinancialStatementsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Benefit Cost Recognized in Financial Statements [Domain]</link:label>
    <link:label id="lab_fmx_NetBenefitCostRecognizedInFinancialStatementsDomain_label_en-US" xlink:label="lab_fmx_NetBenefitCostRecognizedInFinancialStatementsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Benefit Cost Recognized in Financial Statements [Domain]</link:label>
    <link:label id="lab_fmx_NetBenefitCostRecognizedInFinancialStatementsDomain_documentation_en-US" xlink:label="lab_fmx_NetBenefitCostRecognizedInFinancialStatementsDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">n/a.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NetBenefitCostRecognizedInFinancialStatementsDomain" xlink:href="fmx-20251231.xsd#fmx_NetBenefitCostRecognizedInFinancialStatementsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NetBenefitCostRecognizedInFinancialStatementsDomain" xlink:to="lab_fmx_NetBenefitCostRecognizedInFinancialStatementsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_A20252029Member_019b3310-0272-7a7d-9ff9-68435080e7ee_terseLabel_en-US" xlink:label="lab_fmx_A20252029Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2025-2029</link:label>
    <link:label id="lab_fmx_A20252029Member_label_en-US" xlink:label="lab_fmx_A20252029Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">2025 - 2029 [Member]</link:label>
    <link:label id="lab_fmx_A20252029Member_documentation_en-US" xlink:label="lab_fmx_A20252029Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information pertaining to 2025-2029.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_A20252029Member" xlink:href="fmx-20251231.xsd#fmx_A20252029Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_A20252029Member" xlink:to="lab_fmx_A20252029Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties_019b3310-019e-7afd-9f70-a090fb48ee4f_terseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current receivables due from related parties</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties_label_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current receivables due from related parties</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties" xlink:to="lab_ifrs-full_TradeAndOtherCurrentReceivablesDueFromRelatedParties" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_MinimumPercentageOfCapitalStockAtNominalValue_019caf7a-44a4-7e4c-9afa-505fd8df7402_terseLabel_en-US" xlink:label="lab_fmx_MinimumPercentageOfCapitalStockAtNominalValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital stock</link:label>
    <link:label id="lab_fmx_MinimumPercentageOfCapitalStockAtNominalValue_label_en-US" xlink:label="lab_fmx_MinimumPercentageOfCapitalStockAtNominalValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum Percentage Of Capital Stock At Nominal Value</link:label>
    <link:label id="lab_fmx_MinimumPercentageOfCapitalStockAtNominalValue_documentation_en-US" xlink:label="lab_fmx_MinimumPercentageOfCapitalStockAtNominalValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Minimum Percentage Of Capital Stock At Nominal Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_MinimumPercentageOfCapitalStockAtNominalValue" xlink:href="fmx-20251231.xsd#fmx_MinimumPercentageOfCapitalStockAtNominalValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_MinimumPercentageOfCapitalStockAtNominalValue" xlink:to="lab_fmx_MinimumPercentageOfCapitalStockAtNominalValue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValue_019b3310-0271-73ac-becb-92ee51c43a03_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValue_019b3310-0271-7793-ac8a-cac51b2cfbce_negatedLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Fair value Liability</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValue_019d97a4-1601-7fab-a80a-fa864b85179f_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Fair value</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValue_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities, at fair value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilitiesAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:to="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentTaxExpenseIncome_019b3310-031f-7928-89a0-fc2f1452b6e1_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentTaxExpenseIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current tax expense</link:label>
    <link:label id="lab_ifrs-full_CurrentTaxExpenseIncome_label_en-US" xlink:label="lab_ifrs-full_CurrentTaxExpenseIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current tax expense (income)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentTaxExpenseIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentTaxExpenseIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTaxExpenseIncome" xlink:to="lab_ifrs-full_CurrentTaxExpenseIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_HedgingInstrumentsDomain_019b3310-03bf-7a9c-83df-1443de847185_terseLabel_en-US" xlink:label="lab_ifrs-full_HedgingInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedging instruments [domain]</link:label>
    <link:label id="lab_ifrs-full_HedgingInstrumentsDomain_label_en-US" xlink:label="lab_ifrs-full_HedgingInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedging instruments [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_HedgingInstrumentsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_HedgingInstrumentsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_HedgingInstrumentsDomain" xlink:to="lab_ifrs-full_HedgingInstrumentsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_019b3310-019e-7e2e-acc3-58023080b930_terseLabel_en-US" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-adjusting events after reporting period [axis]</link:label>
    <link:label id="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_label_en-US" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-adjusting events after reporting period [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:to="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_EnvoyAndOtherAcquisitionsMember_019b3310-03bf-7dbc-9bef-baaa00f564c8_terseLabel_en-US" xlink:label="lab_fmx_EnvoyAndOtherAcquisitionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Envoy and Other Acquisitions</link:label>
    <link:label id="lab_fmx_EnvoyAndOtherAcquisitionsMember_label_en-US" xlink:label="lab_fmx_EnvoyAndOtherAcquisitionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Envoy And Other Acquisitions [Member]</link:label>
    <link:label id="lab_fmx_EnvoyAndOtherAcquisitionsMember_documentation_en-US" xlink:label="lab_fmx_EnvoyAndOtherAcquisitionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information pertaining to Envoy and other acquisitions.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_EnvoyAndOtherAcquisitionsMember" xlink:href="fmx-20251231.xsd#fmx_EnvoyAndOtherAcquisitionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_EnvoyAndOtherAcquisitionsMember" xlink:to="lab_fmx_EnvoyAndOtherAcquisitionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_019b3310-03bf-7650-889a-766101d1f4a3_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">One to five&#160;years</link:label>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than one year and not later than five years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:to="lab_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_GainsOnDisposalsOfOtherAssets_019b3310-031f-732a-9f14-eb86a050bc16_terseLabel_en-US" xlink:label="lab_fmx_GainsOnDisposalsOfOtherAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of other assets</link:label>
    <link:label id="lab_fmx_GainsOnDisposalsOfOtherAssets_label_en-US" xlink:label="lab_fmx_GainsOnDisposalsOfOtherAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains On Disposals Of Other Assets</link:label>
    <link:label id="lab_fmx_GainsOnDisposalsOfOtherAssets_documentation_en-US" xlink:label="lab_fmx_GainsOnDisposalsOfOtherAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gains on disposals of other assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_GainsOnDisposalsOfOtherAssets" xlink:href="fmx-20251231.xsd#fmx_GainsOnDisposalsOfOtherAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_GainsOnDisposalsOfOtherAssets" xlink:to="lab_fmx_GainsOnDisposalsOfOtherAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations_019b3310-0272-7ffe-a421-47d4fe89c400_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Application of recently issued accounting standards</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of initial application of standards or interpretations [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations" xlink:to="lab_ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ContinuingOperationsMember_019b3310-0272-76a0-915f-9c6b39d68b43_terseLabel_en-US" xlink:label="lab_ifrs-full_ContinuingOperationsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Continuing operations, unless line item indicates otherwise</link:label>
    <link:label id="lab_ifrs-full_ContinuingOperationsMember_label_en-US" xlink:label="lab_ifrs-full_ContinuingOperationsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Continuing operations, unless line item indicates otherwise [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ContinuingOperationsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ContinuingOperationsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ContinuingOperationsMember" xlink:to="lab_ifrs-full_ContinuingOperationsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ItemsOfContingentLiabilitiesDomain_019b3310-0320-7a5a-acc3-068c8654b7d2_terseLabel_en-US" xlink:label="lab_ifrs-full_ItemsOfContingentLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Items of contingent liabilities [domain]</link:label>
    <link:label id="lab_ifrs-full_ItemsOfContingentLiabilitiesDomain_label_en-US" xlink:label="lab_ifrs-full_ItemsOfContingentLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Items of contingent liabilities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ItemsOfContingentLiabilitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ItemsOfContingentLiabilitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ItemsOfContingentLiabilitiesDomain" xlink:to="lab_ifrs-full_ItemsOfContingentLiabilitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsTable_019b3310-0320-73e9-a8fe-65999753658a_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedged items [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedged items [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsTable" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgedItemsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory_019b3310-031f-7159-b68c-84861419311e_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Balances and Transactions in Foreign Currencies</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of effect of changes in foreign exchange rates [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TopOfRangeMember_019b3310-03bf-7607-944e-d9cff455f78f_terseLabel_en-US" xlink:label="lab_ifrs-full_TopOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Top of range</link:label>
    <link:label id="lab_ifrs-full_TopOfRangeMember_label_en-US" xlink:label="lab_ifrs-full_TopOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Top of range [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TopOfRangeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TopOfRangeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TopOfRangeMember" xlink:to="lab_ifrs-full_TopOfRangeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DerivativeContractNotMetHedgingCriteriaMember_019b3310-03bf-7f0a-af2c-b5fee9e2b2a3_terseLabel_en-US" xlink:label="lab_fmx_DerivativeContractNotMetHedgingCriteriaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Contract Not Met Hedging Criteria</link:label>
    <link:label id="lab_fmx_DerivativeContractNotMetHedgingCriteriaMember_label_en-US" xlink:label="lab_fmx_DerivativeContractNotMetHedgingCriteriaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Contract Not Met Hedging Criteria [Member]</link:label>
    <link:label id="lab_fmx_DerivativeContractNotMetHedgingCriteriaMember_documentation_en-US" xlink:label="lab_fmx_DerivativeContractNotMetHedgingCriteriaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Derivative Contract Not Met Hedging Criteria [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DerivativeContractNotMetHedgingCriteriaMember" xlink:href="fmx-20251231.xsd#fmx_DerivativeContractNotMetHedgingCriteriaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DerivativeContractNotMetHedgingCriteriaMember" xlink:to="lab_fmx_DerivativeContractNotMetHedgingCriteriaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ShortTermForeignCurrencyFinancialLiabilities_019b3310-0320-79bd-9926-73a51660fe91_terseLabel_en-US" xlink:label="lab_fmx_ShortTermForeignCurrencyFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-Term Liabilities</link:label>
    <link:label id="lab_fmx_ShortTermForeignCurrencyFinancialLiabilities_label_en-US" xlink:label="lab_fmx_ShortTermForeignCurrencyFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short Term Foreign Currency Financial Liabilities</link:label>
    <link:label id="lab_fmx_ShortTermForeignCurrencyFinancialLiabilities_documentation_en-US" xlink:label="lab_fmx_ShortTermForeignCurrencyFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Short term foreign currency financial liabilities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ShortTermForeignCurrencyFinancialLiabilities" xlink:href="fmx-20251231.xsd#fmx_ShortTermForeignCurrencyFinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ShortTermForeignCurrencyFinancialLiabilities" xlink:to="lab_fmx_ShortTermForeignCurrencyFinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReclassifiedItemsAxis_019b3310-03bf-7c5c-a8aa-dccf072b1cae_terseLabel_en-US" xlink:label="lab_ifrs-full_ReclassifiedItemsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassified items [axis]</link:label>
    <link:label id="lab_ifrs-full_ReclassifiedItemsAxis_label_en-US" xlink:label="lab_ifrs-full_ReclassifiedItemsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reclassified items [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReclassifiedItemsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReclassifiedItemsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReclassifiedItemsAxis" xlink:to="lab_ifrs-full_ReclassifiedItemsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EarningsPerShareLineItems_019b3310-0320-76a1-b733-e75efd84d696_terseLabel_en-US" xlink:label="lab_ifrs-full_EarningsPerShareLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings per share [line items]</link:label>
    <link:label id="lab_ifrs-full_EarningsPerShareLineItems_label_en-US" xlink:label="lab_ifrs-full_EarningsPerShareLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings per share [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EarningsPerShareLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EarningsPerShareLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EarningsPerShareLineItems" xlink:to="lab_ifrs-full_EarningsPerShareLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_WeightedAverageSharePrice2019_019d9111-9dc0-7ce0-9aa5-1a8268d522d3_terseLabel_en-US" xlink:label="lab_ifrs-full_WeightedAverageSharePrice2019" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Average share price (in pesos per share)</link:label>
    <link:label id="lab_ifrs-full_WeightedAverageSharePrice2019_label_en-US" xlink:label="lab_ifrs-full_WeightedAverageSharePrice2019" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average share price</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WeightedAverageSharePrice2019" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageSharePrice2019"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageSharePrice2019" xlink:to="lab_ifrs-full_WeightedAverageSharePrice2019" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CarryingAmountGrossMember_019b3310-031f-7fe1-9c9e-9aaf60d1b016_terseLabel_en-US" xlink:label="lab_fmx_CarryingAmountGrossMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying Amount, Gross</link:label>
    <link:label id="lab_fmx_CarryingAmountGrossMember_label_en-US" xlink:label="lab_fmx_CarryingAmountGrossMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Carrying Amount, Gross [Member]</link:label>
    <link:label id="lab_fmx_CarryingAmountGrossMember_documentation_en-US" xlink:label="lab_fmx_CarryingAmountGrossMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Carrying Amount, Gross</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CarryingAmountGrossMember" xlink:href="fmx-20251231.xsd#fmx_CarryingAmountGrossMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CarryingAmountGrossMember" xlink:to="lab_fmx_CarryingAmountGrossMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LegalProceedingsProvisionMember_019b3310-031f-72b6-bb73-b977b240febf_terseLabel_en-US" xlink:label="lab_ifrs-full_LegalProceedingsProvisionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Legal</link:label>
    <link:label id="lab_ifrs-full_LegalProceedingsProvisionMember_label_en-US" xlink:label="lab_ifrs-full_LegalProceedingsProvisionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Legal proceedings provision [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LegalProceedingsProvisionMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LegalProceedingsProvisionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LegalProceedingsProvisionMember" xlink:to="lab_ifrs-full_LegalProceedingsProvisionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_019b3310-019e-7027-98db-416026f7c9a2_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2029</link:label>
    <link:label id="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than three years and not later than four years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:to="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NetForeignExchangeGain_019b3310-031f-781d-b8f5-3c7a61dce67d_terseLabel_en-US" xlink:label="lab_ifrs-full_NetForeignExchangeGain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign exchange gain related to operating activities</link:label>
    <link:label id="lab_ifrs-full_NetForeignExchangeGain_label_en-US" xlink:label="lab_ifrs-full_NetForeignExchangeGain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net foreign exchange gain</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NetForeignExchangeGain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetForeignExchangeGain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetForeignExchangeGain" xlink:to="lab_ifrs-full_NetForeignExchangeGain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_019bcc53-cda0-76e2-8cd3-08f1d918a767_verboseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">(Loss) gain on remeasurements of the net defined benefit liability</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_019bd1f9-f50e-73fe-a022-9937ec390058_netLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Remeasurements of the net defined benefit liability</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_019b3310-03bf-78b5-a7a1-2be81f4c8111_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remeasurements of the Net Defined Benefit Liability</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, net of tax, gains (losses) on remeasurements of defined benefit plans</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_RemeasurementsOfRightOfUseAssets_019b3310-0271-704e-8b13-87a800374384_terseLabel_en-US" xlink:label="lab_fmx_RemeasurementsOfRightOfUseAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remeasurements</link:label>
    <link:label id="lab_fmx_RemeasurementsOfRightOfUseAssets_label_en-US" xlink:label="lab_fmx_RemeasurementsOfRightOfUseAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Remeasurements Of Right Of Use Assets</link:label>
    <link:label id="lab_fmx_RemeasurementsOfRightOfUseAssets_documentation_en-US" xlink:label="lab_fmx_RemeasurementsOfRightOfUseAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Remeasurements right of use assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_RemeasurementsOfRightOfUseAssets" xlink:href="fmx-20251231.xsd#fmx_RemeasurementsOfRightOfUseAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_RemeasurementsOfRightOfUseAssets" xlink:to="lab_fmx_RemeasurementsOfRightOfUseAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DilutedEarningsLossPerShareFromDiscontinuedOperations_019bcc3b-3e04-73a5-919d-ad492735f74a_verboseLabel_en-US" xlink:label="lab_ifrs-full_DilutedEarningsLossPerShareFromDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Diluted earnings per share from discontinued operations attributable to equity holders of the parent (in dollars per share)</link:label>
    <link:label id="lab_ifrs-full_DilutedEarningsLossPerShareFromDiscontinuedOperations_019b3310-0272-7830-91f8-79dbc465a101_terseLabel_en-US" xlink:label="lab_ifrs-full_DilutedEarningsLossPerShareFromDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Diluted earnings per share from discontinued operations (in pesos per share)</link:label>
    <link:label id="lab_ifrs-full_DilutedEarningsLossPerShareFromDiscontinuedOperations_label_en-US" xlink:label="lab_ifrs-full_DilutedEarningsLossPerShareFromDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Diluted earnings (loss) per share from discontinued operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DilutedEarningsLossPerShareFromDiscontinuedOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DilutedEarningsLossPerShareFromDiscontinuedOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DilutedEarningsLossPerShareFromDiscontinuedOperations" xlink:to="lab_ifrs-full_DilutedEarningsLossPerShareFromDiscontinuedOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_currency_ARS_019bcf93-e155-72e9-81ba-93d2b0a2a916_verboseLabel_en-US" xlink:label="lab_currency_ARS" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Argentine peso</link:label>
    <link:label id="lab_currency_ARS_019b3310-0272-7449-8dfe-6fed9e2f8c60_terseLabel_en-US" xlink:label="lab_currency_ARS" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Argentine pesos</link:label>
    <link:label id="lab_currency_ARS_label_en-US" xlink:label="lab_currency_ARS" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Argentina, Pesos</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_currency_ARS" xlink:href="https://xbrl.sec.gov/currency/2025/currency-2025.xsd#currency_ARS"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_currency_ARS" xlink:to="lab_currency_ARS" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DeferredTaxLiabilityFromAssetsHeldForSale_019b3310-0272-7b08-a205-4d23446f9571_terseLabel_en-US" xlink:label="lab_fmx_DeferredTaxLiabilityFromAssetsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax liability from assets held from sale</link:label>
    <link:label id="lab_fmx_DeferredTaxLiabilityFromAssetsHeldForSale_label_en-US" xlink:label="lab_fmx_DeferredTaxLiabilityFromAssetsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liability From Assets Held For Sale</link:label>
    <link:label id="lab_fmx_DeferredTaxLiabilityFromAssetsHeldForSale_documentation_en-US" xlink:label="lab_fmx_DeferredTaxLiabilityFromAssetsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Tax Liability From Assets Held For Sale</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DeferredTaxLiabilityFromAssetsHeldForSale" xlink:href="fmx-20251231.xsd#fmx_DeferredTaxLiabilityFromAssetsHeldForSale"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DeferredTaxLiabilityFromAssetsHeldForSale" xlink:to="lab_fmx_DeferredTaxLiabilityFromAssetsHeldForSale" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_FixedCapitalStockAmounts_019b3310-0272-7dd4-aaf7-f86465d1faf4_terseLabel_en-US" xlink:label="lab_fmx_FixedCapitalStockAmounts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fixed capital stock amounts</link:label>
    <link:label id="lab_fmx_FixedCapitalStockAmounts_label_en-US" xlink:label="lab_fmx_FixedCapitalStockAmounts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fixed Capital Stock Amounts</link:label>
    <link:label id="lab_fmx_FixedCapitalStockAmounts_documentation_en-US" xlink:label="lab_fmx_FixedCapitalStockAmounts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fixed capital stock amounts.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_FixedCapitalStockAmounts" xlink:href="fmx-20251231.xsd#fmx_FixedCapitalStockAmounts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_FixedCapitalStockAmounts" xlink:to="lab_fmx_FixedCapitalStockAmounts" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_UnusedTaxCreditsMember_019b3310-03bf-793f-af8c-99c29856f3e6_terseLabel_en-US" xlink:label="lab_ifrs-full_UnusedTaxCreditsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax credits to recover</link:label>
    <link:label id="lab_ifrs-full_UnusedTaxCreditsMember_label_en-US" xlink:label="lab_ifrs-full_UnusedTaxCreditsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unused tax credits [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_UnusedTaxCreditsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_UnusedTaxCreditsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_UnusedTaxCreditsMember" xlink:to="lab_ifrs-full_UnusedTaxCreditsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MiscellaneousOtherOperatingExpense_019b3310-019e-778f-b37e-33e57e12f943_terseLabel_en-US" xlink:label="lab_ifrs-full_MiscellaneousOtherOperatingExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ifrs-full_MiscellaneousOtherOperatingExpense_label_en-US" xlink:label="lab_ifrs-full_MiscellaneousOtherOperatingExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Miscellaneous other operating expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MiscellaneousOtherOperatingExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MiscellaneousOtherOperatingExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MiscellaneousOtherOperatingExpense" xlink:to="lab_ifrs-full_MiscellaneousOtherOperatingExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_019b3310-031f-7d54-b34f-ed87bc4953a6_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total items that will not be reclassified to consolidated net income in subsequent periods, net of income tax</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income that will not be reclassified to profit or loss, net of tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories_019b3310-0271-748c-b596-ccda95897c1a_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventories and cost of goods sold</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for measuring inventories [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForMeasuringInventories" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts_019b3310-03bf-7efc-8b2a-e32ffcfb5a48_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total non current assets</link:label>
    <link:label id="lab_ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts_label_en-US" xlink:label="lab_ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current assets other than financial instruments, deferred tax assets, post-employment benefit assets, and rights arising under insurance contracts</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:to="lab_ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects_019b3310-0272-71ef-9440-835995f2e8a3_terseLabel_en-US" xlink:label="lab_fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effects on the recognition of inflation effects</link:label>
    <link:label id="lab_fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects_label_en-US" xlink:label="lab_fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property Plant And Equipment Changes in Value On Recognition Of Inflation Effects</link:label>
    <link:label id="lab_fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects_documentation_en-US" xlink:label="lab_fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Property plant and equipment changes in value on recognition of inflation effects.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects" xlink:href="fmx-20251231.xsd#fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects" xlink:to="lab_fmx_PropertyPlantAndEquipmentChangesInValueOnRecognitionOfInflationEffects" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TaxRateEffectOfTaxLosses_019b3310-031f-7754-a86f-d9e99a798997_terseLabel_en-US" xlink:label="lab_ifrs-full_TaxRateEffectOfTaxLosses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax loss (recognition) write off</link:label>
    <link:label id="lab_ifrs-full_TaxRateEffectOfTaxLosses_label_en-US" xlink:label="lab_ifrs-full_TaxRateEffectOfTaxLosses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax rate effect of tax losses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TaxRateEffectOfTaxLosses" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TaxRateEffectOfTaxLosses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TaxRateEffectOfTaxLosses" xlink:to="lab_ifrs-full_TaxRateEffectOfTaxLosses" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthers_019b3310-0271-7826-acb7-d9bd91a343a1_terseLabel_en-US" xlink:label="lab_fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthers" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Others</link:label>
    <link:label id="lab_fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthers_label_en-US" xlink:label="lab_fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Non Current Financial Assets Classified As Others</link:label>
    <link:label id="lab_fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthers_documentation_en-US" xlink:label="lab_fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthers" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other non current financial assets classified as others.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthers" xlink:href="fmx-20251231.xsd#fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthers"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthers" xlink:to="lab_fmx_OtherNonCurrentFinancialAssetsClassifiedAsOthers" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_JointVenturesAxis_019b3310-03bf-7864-9986-0d1d5462837c_terseLabel_en-US" xlink:label="lab_ifrs-full_JointVenturesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Joint ventures [axis]</link:label>
    <link:label id="lab_ifrs-full_JointVenturesAxis_label_en-US" xlink:label="lab_ifrs-full_JointVenturesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Joint ventures [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_JointVenturesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_JointVenturesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_JointVenturesAxis" xlink:to="lab_ifrs-full_JointVenturesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_019b3310-0320-784b-9523-cdd494c65a01_terseLabel_en-US" xlink:label="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
    <link:label id="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_label_en-US" xlink:label="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty_019d2997-106a-7ae3-bebe-78e099a9b45e_terseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value loss on the investment</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on fair value adjustment, investment property</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:to="lab_ifrs-full_GainsLossesOnFairValueAdjustmentInvestmentProperty" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AcquisitionsThroughBusinessCombinationsFromDisposalsPropertyPlantAndEquipment_019b3310-0320-71d4-9cb0-f399617ecbf3_terseLabel_en-US" xlink:label="lab_fmx_AcquisitionsThroughBusinessCombinationsFromDisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business combinations from disposals</link:label>
    <link:label id="lab_fmx_AcquisitionsThroughBusinessCombinationsFromDisposalsPropertyPlantAndEquipment_label_en-US" xlink:label="lab_fmx_AcquisitionsThroughBusinessCombinationsFromDisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisitions Through Business Combinations From Disposals, Property Plant And Equipment</link:label>
    <link:label id="lab_fmx_AcquisitionsThroughBusinessCombinationsFromDisposalsPropertyPlantAndEquipment_documentation_en-US" xlink:label="lab_fmx_AcquisitionsThroughBusinessCombinationsFromDisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Acquisitions Through Business Combinations From Disposals, Property Plant And Equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AcquisitionsThroughBusinessCombinationsFromDisposalsPropertyPlantAndEquipment" xlink:href="fmx-20251231.xsd#fmx_AcquisitionsThroughBusinessCombinationsFromDisposalsPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AcquisitionsThroughBusinessCombinationsFromDisposalsPropertyPlantAndEquipment" xlink:to="lab_fmx_AcquisitionsThroughBusinessCombinationsFromDisposalsPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BRLUSDMember_019b3310-0271-7ffd-9053-a4ff628689fd_terseLabel_en-US" xlink:label="lab_fmx_BRLUSDMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">BRL/USD</link:label>
    <link:label id="lab_fmx_BRLUSDMember_label_en-US" xlink:label="lab_fmx_BRLUSDMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">BRL/USD [Member]</link:label>
    <link:label id="lab_fmx_BRLUSDMember_documentation_en-US" xlink:label="lab_fmx_BRLUSDMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information pertaining to currency exchanges between Brazilian Real and US Dollar.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BRLUSDMember" xlink:href="fmx-20251231.xsd#fmx_BRLUSDMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BRLUSDMember" xlink:to="lab_fmx_BRLUSDMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BusinessCombinationProformaIncomeBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees_019b3310-0320-71d0-a1a9-9d1d704a947e_terseLabel_en-US" xlink:label="lab_fmx_BusinessCombinationProformaIncomeBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income before income taxes and share of the profit of equity method accounted investees</link:label>
    <link:label id="lab_fmx_BusinessCombinationProformaIncomeBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees_label_en-US" xlink:label="lab_fmx_BusinessCombinationProformaIncomeBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination Proforma Income Before Income Taxes And Share Of The Profit Of Equity Accounted Investees</link:label>
    <link:label id="lab_fmx_BusinessCombinationProformaIncomeBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees_documentation_en-US" xlink:label="lab_fmx_BusinessCombinationProformaIncomeBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business combination proforma income before income taxes and share of the profit of equity accounted investees.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BusinessCombinationProformaIncomeBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees" xlink:href="fmx-20251231.xsd#fmx_BusinessCombinationProformaIncomeBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BusinessCombinationProformaIncomeBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees" xlink:to="lab_fmx_BusinessCombinationProformaIncomeBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingsByNameDomain_019b3310-0320-7368-a0b9-0c97f494f5fc_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings by name [domain]</link:label>
    <link:label id="lab_ifrs-full_BorrowingsByNameDomain_label_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings by name [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsByNameDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsByNameDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsByNameDomain" xlink:to="lab_ifrs-full_BorrowingsByNameDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DefinedBenefitObligationAtPresentValue_019b3310-0272-7d88-a1ae-5a7543ccbc0c_periodStartLabel_en-US" xlink:label="lab_ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Defined benefit obligation, at present value</link:label>
    <link:label id="lab_ifrs-full_DefinedBenefitObligationAtPresentValue_019b3310-0272-7c8b-ade0-cd1083521043_periodEndLabel_en-US" xlink:label="lab_ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:label id="lab_ifrs-full_DefinedBenefitObligationAtPresentValue_label_en-US" xlink:label="lab_ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined benefit obligation, at present value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DefinedBenefitObligationAtPresentValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:to="lab_ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfParentEntityInformationTable_019b3310-031f-7018-af05-0794f6cc6c05_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfParentEntityInformationTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Parent Entity Information [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfParentEntityInformationTable_label_en-US" xlink:label="lab_fmx_DisclosureOfParentEntityInformationTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Parent Entity Information [table]</link:label>
    <link:label id="lab_fmx_DisclosureOfParentEntityInformationTable_documentation_en-US" xlink:label="lab_fmx_DisclosureOfParentEntityInformationTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of parent entity information.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfParentEntityInformationTable" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfParentEntityInformationTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfParentEntityInformationTable" xlink:to="lab_fmx_DisclosureOfParentEntityInformationTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrencyRiskMember_019b3310-0272-7a5a-9547-1b013992d626_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrencyRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Currency risk</link:label>
    <link:label id="lab_ifrs-full_CurrencyRiskMember_label_en-US" xlink:label="lab_ifrs-full_CurrencyRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Currency risk [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrencyRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrencyRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrencyRiskMember" xlink:to="lab_ifrs-full_CurrencyRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_019b3310-0272-7e39-ad81-c113e97c0f91_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">61&#8209;90&#160;days</link:label>
    <link:label id="lab_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than two months and not later than three months [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xlink:to="lab_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeReceivablesMember_019b3310-0320-7186-9b78-33604ca457d7_terseLabel_en-US" xlink:label="lab_ifrs-full_TradeReceivablesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade receivables</link:label>
    <link:label id="lab_ifrs-full_TradeReceivablesMember_label_en-US" xlink:label="lab_ifrs-full_TradeReceivablesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade receivables [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeReceivablesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeReceivablesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeReceivablesMember" xlink:to="lab_ifrs-full_TradeReceivablesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevenueFromContractsWithCustomers_019b3310-03bf-7421-8dca-b99e7371d989_totalLabel_en-US" xlink:label="lab_ifrs-full_RevenueFromContractsWithCustomers" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total revenues</link:label>
    <link:label id="lab_ifrs-full_RevenueFromContractsWithCustomers_019b3310-03bf-7773-922b-949bd71cdee1_terseLabel_en-US" xlink:label="lab_ifrs-full_RevenueFromContractsWithCustomers" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total revenue</link:label>
    <link:label id="lab_ifrs-full_RevenueFromContractsWithCustomers_019b3310-03bf-7499-936f-ea3ae2a2659a_verboseLabel_en-US" xlink:label="lab_ifrs-full_RevenueFromContractsWithCustomers" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total revenues</link:label>
    <link:label id="lab_ifrs-full_RevenueFromContractsWithCustomers_label_en-US" xlink:label="lab_ifrs-full_RevenueFromContractsWithCustomers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from contracts with customers</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueFromContractsWithCustomers" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueFromContractsWithCustomers"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueFromContractsWithCustomers" xlink:to="lab_ifrs-full_RevenueFromContractsWithCustomers" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_InventoriesAbstract_019bd164-76df-7805-bc3a-04711ae7654d_terseLabel_en-US" xlink:label="lab_fmx_InventoriesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventories [Abstract]</link:label>
    <link:label id="lab_fmx_InventoriesAbstract_label_en-US" xlink:label="lab_fmx_InventoriesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventories [Abstract]</link:label>
    <link:label id="lab_fmx_InventoriesAbstract_documentation_en-US" xlink:label="lab_fmx_InventoriesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Inventories</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_InventoriesAbstract" xlink:href="fmx-20251231.xsd#fmx_InventoriesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_InventoriesAbstract" xlink:to="lab_fmx_InventoriesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive_019b3310-031f-7d4e-ad0d-270eb217c8de_terseLabel_en-US" xlink:label="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2030</link:label>
    <link:label id="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive_label_en-US" xlink:label="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Expected Future Benefit Payment Year Five</link:label>
    <link:label id="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive_documentation_en-US" xlink:label="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Defined benefit plan expected future benefit payments in year five.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive" xlink:href="fmx-20251231.xsd#fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive" xlink:to="lab_fmx_DefinedBenefitPlanExpectedFutureBenefitPaymentYearFive" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughForeignExchangeFinancialAssets_019b3310-03bf-7225-a037-241f3e3aece3_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughForeignExchangeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effects of changes in foreign exchange rates</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughForeignExchangeFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughForeignExchangeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through foreign exchange, financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughForeignExchangeFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughForeignExchangeFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughForeignExchangeFinancialAssets" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughForeignExchangeFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PromotoraIndustrialAzucareraSADeCVPIASAMember_019b3310-019e-703f-a920-e42236c40de8_terseLabel_en-US" xlink:label="lab_fmx_PromotoraIndustrialAzucareraSADeCVPIASAMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Promotora Industrial Azucarera, S.A. de C.V. (&#8220;PIASA&#8221;)</link:label>
    <link:label id="lab_fmx_PromotoraIndustrialAzucareraSADeCVPIASAMember_label_en-US" xlink:label="lab_fmx_PromotoraIndustrialAzucareraSADeCVPIASAMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Promotora Industrial Azucarera, S.A. de C.V. ("PIASA") [Member]</link:label>
    <link:label id="lab_fmx_PromotoraIndustrialAzucareraSADeCVPIASAMember_documentation_en-US" xlink:label="lab_fmx_PromotoraIndustrialAzucareraSADeCVPIASAMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Promotora Industrial Azucarera, S.A. de C.V. ("PIASA").</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PromotoraIndustrialAzucareraSADeCVPIASAMember" xlink:href="fmx-20251231.xsd#fmx_PromotoraIndustrialAzucareraSADeCVPIASAMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PromotoraIndustrialAzucareraSADeCVPIASAMember" xlink:to="lab_fmx_PromotoraIndustrialAzucareraSADeCVPIASAMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AdjustmentsForMonetaryPositionGainLossNet_019b3310-031f-7593-aeb7-4f058be1ee34_terseLabel_en-US" xlink:label="lab_fmx_AdjustmentsForMonetaryPositionGainLossNet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restatement effect of the period and beginning balances associated with hyperinflationary economies</link:label>
    <link:label id="lab_fmx_AdjustmentsForMonetaryPositionGainLossNet_label_en-US" xlink:label="lab_fmx_AdjustmentsForMonetaryPositionGainLossNet" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for monetary position gain loss net</link:label>
    <link:label id="lab_fmx_AdjustmentsForMonetaryPositionGainLossNet_documentation_en-US" xlink:label="lab_fmx_AdjustmentsForMonetaryPositionGainLossNet" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effect on deferred taxes of adjustments for monetary position gain loss net.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AdjustmentsForMonetaryPositionGainLossNet" xlink:href="fmx-20251231.xsd#fmx_AdjustmentsForMonetaryPositionGainLossNet"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AdjustmentsForMonetaryPositionGainLossNet" xlink:to="lab_fmx_AdjustmentsForMonetaryPositionGainLossNet" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DeferredTaxLiabilities_019b3310-03bf-7010-8edb-34779d368ba4_terseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax liabilities</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxLiabilities_019b3310-03bf-785c-aa8d-c3e0d23af40f_totalLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Deferred tax liabilities</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxLiabilities_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred tax liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxLiabilities" xlink:to="lab_ifrs-full_DeferredTaxLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfUnauditedProFormaFinancialDataExplanatory_019b3310-031f-7d7b-b044-39fda47b62b6_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfUnauditedProFormaFinancialDataExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Unaudited Pro Forma Financial Information</link:label>
    <link:label id="lab_fmx_DisclosureOfUnauditedProFormaFinancialDataExplanatory_label_en-US" xlink:label="lab_fmx_DisclosureOfUnauditedProFormaFinancialDataExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Unaudited Pro Forma Financial Data [text block]</link:label>
    <link:label id="lab_fmx_DisclosureOfUnauditedProFormaFinancialDataExplanatory_documentation_en-US" xlink:label="lab_fmx_DisclosureOfUnauditedProFormaFinancialDataExplanatory" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of unaudited pro forma financial data.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfUnauditedProFormaFinancialDataExplanatory" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfUnauditedProFormaFinancialDataExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfUnauditedProFormaFinancialDataExplanatory" xlink:to="lab_fmx_DisclosureOfUnauditedProFormaFinancialDataExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_StatementGeographicalAxis_019b3310-0320-7a00-8b70-e1d588c1fc66_terseLabel_en-US" xlink:label="lab_srt_StatementGeographicalAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical [Axis]</link:label>
    <link:label id="lab_srt_StatementGeographicalAxis_label_en-US" xlink:label="lab_srt_StatementGeographicalAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_StatementGeographicalAxis" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_StatementGeographicalAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_StatementGeographicalAxis" xlink:to="lab_srt_StatementGeographicalAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherExpensesWithRelatedParty_019b3310-03bf-7b2c-ae9f-df10d9287435_terseLabel_en-US" xlink:label="lab_fmx_OtherExpensesWithRelatedParty" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other expenses with related parties</link:label>
    <link:label id="lab_fmx_OtherExpensesWithRelatedParty_label_en-US" xlink:label="lab_fmx_OtherExpensesWithRelatedParty" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Expenses With Related Party</link:label>
    <link:label id="lab_fmx_OtherExpensesWithRelatedParty_documentation_en-US" xlink:label="lab_fmx_OtherExpensesWithRelatedParty" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other expenses with related party.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherExpensesWithRelatedParty" xlink:href="fmx-20251231.xsd#fmx_OtherExpensesWithRelatedParty"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherExpensesWithRelatedParty" xlink:to="lab_fmx_OtherExpensesWithRelatedParty" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_019b3310-0271-77bd-97a7-69ec8a684707_negatedLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Income taxes paid</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income taxes paid (refund), classified as operating activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:to="lab_ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncome_019b3310-019e-795e-9632-41454e7f2379_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive (loss) income , net of income tax</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncome_019b3310-019e-7205-a943-c4f86b4e976c_verboseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive (loss) income:</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncome" xlink:to="lab_ifrs-full_OtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesAxis_019b3310-0320-72e8-8678-08e6c08ea3a4_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of liabilities [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfLiabilitiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfLiabilitiesAxis" xlink:to="lab_ifrs-full_ClassesOfLiabilitiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DescriptionOfAccountingPolicyForAdministrativeAndSellingExpensesExplanatory_019b3310-031f-722c-a01b-6aacd99959b3_terseLabel_en-US" xlink:label="lab_fmx_DescriptionOfAccountingPolicyForAdministrativeAndSellingExpensesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Administrative and selling expenses</link:label>
    <link:label id="lab_fmx_DescriptionOfAccountingPolicyForAdministrativeAndSellingExpensesExplanatory_label_en-US" xlink:label="lab_fmx_DescriptionOfAccountingPolicyForAdministrativeAndSellingExpensesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description Of Accounting Policy For Administrative And Selling Expenses [policy text block]</link:label>
    <link:label id="lab_fmx_DescriptionOfAccountingPolicyForAdministrativeAndSellingExpensesExplanatory_documentation_en-US" xlink:label="lab_fmx_DescriptionOfAccountingPolicyForAdministrativeAndSellingExpensesExplanatory" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Description of accounting policy for administrative and selling expenses .</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DescriptionOfAccountingPolicyForAdministrativeAndSellingExpensesExplanatory" xlink:href="fmx-20251231.xsd#fmx_DescriptionOfAccountingPolicyForAdministrativeAndSellingExpensesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DescriptionOfAccountingPolicyForAdministrativeAndSellingExpensesExplanatory" xlink:to="lab_fmx_DescriptionOfAccountingPolicyForAdministrativeAndSellingExpensesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AdjustedWeightedAverageSharesFurtherAdjustedToReflectDividendRights_019b3310-0320-7761-b634-15297ebc5cfc_terseLabel_en-US" xlink:label="lab_fmx_AdjustedWeightedAverageSharesFurtherAdjustedToReflectDividendRights" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average number of shares further adjusted to reflect dividend rights (in shares)</link:label>
    <link:label id="lab_fmx_AdjustedWeightedAverageSharesFurtherAdjustedToReflectDividendRights_label_en-US" xlink:label="lab_fmx_AdjustedWeightedAverageSharesFurtherAdjustedToReflectDividendRights" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjusted Weighted Average Shares Further Adjusted To Reflect Dividend Rights</link:label>
    <link:label id="lab_fmx_AdjustedWeightedAverageSharesFurtherAdjustedToReflectDividendRights_documentation_en-US" xlink:label="lab_fmx_AdjustedWeightedAverageSharesFurtherAdjustedToReflectDividendRights" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjusted weighted average shares further adjusted to reflect dividend rights.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AdjustedWeightedAverageSharesFurtherAdjustedToReflectDividendRights" xlink:href="fmx-20251231.xsd#fmx_AdjustedWeightedAverageSharesFurtherAdjustedToReflectDividendRights"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AdjustedWeightedAverageSharesFurtherAdjustedToReflectDividendRights" xlink:to="lab_fmx_AdjustedWeightedAverageSharesFurtherAdjustedToReflectDividendRights" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfHedgeAccountingLineItems_019b3310-031f-7c2e-adb8-6bd3bdf44d6c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfHedgeAccountingLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedges [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfHedgeAccountingLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfHedgeAccountingLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedges [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfHedgeAccountingLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfHedgeAccountingLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfHedgeAccountingLineItems" xlink:to="lab_ifrs-full_DisclosureOfHedgeAccountingLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TreasurySharesMember_019b3310-03bf-7b40-bc0a-a3728f3cce3c_terseLabel_en-US" xlink:label="lab_ifrs-full_TreasurySharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares repurchased in Treasury</link:label>
    <link:label id="lab_ifrs-full_TreasurySharesMember_label_en-US" xlink:label="lab_ifrs-full_TreasurySharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Treasury shares [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TreasurySharesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TreasurySharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TreasurySharesMember" xlink:to="lab_ifrs-full_TreasurySharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PaymentTermsAreNormallySettled_019d763a-73fb-7474-a1dc-683f9fa2bfef_terseLabel_en-US" xlink:label="lab_fmx_PaymentTermsAreNormallySettled" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Payment terms are normally settled</link:label>
    <link:label id="lab_fmx_PaymentTermsAreNormallySettled_label_en-US" xlink:label="lab_fmx_PaymentTermsAreNormallySettled" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payment Terms Are Normally Settled</link:label>
    <link:label id="lab_fmx_PaymentTermsAreNormallySettled_documentation_en-US" xlink:label="lab_fmx_PaymentTermsAreNormallySettled" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payment Terms Are Normally Settled</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PaymentTermsAreNormallySettled" xlink:href="fmx-20251231.xsd#fmx_PaymentTermsAreNormallySettled"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PaymentTermsAreNormallySettled" xlink:to="lab_fmx_PaymentTermsAreNormallySettled" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PastDueStatusDomain_019b3310-0272-7fd3-85e8-73e597bbdb99_terseLabel_en-US" xlink:label="lab_ifrs-full_PastDueStatusDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Past due status [domain]</link:label>
    <link:label id="lab_ifrs-full_PastDueStatusDomain_label_en-US" xlink:label="lab_ifrs-full_PastDueStatusDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Past due status [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PastDueStatusDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PastDueStatusDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PastDueStatusDomain" xlink:to="lab_ifrs-full_PastDueStatusDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed_019b3310-0272-795d-9abd-ff0cc66a4b44_terseLabel_en-US" xlink:label="lab_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net assets acquired</link:label>
    <link:label id="lab_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed_label_en-US" xlink:label="lab_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Identifiable assets acquired (liabilities assumed)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:to="lab_ifrs-full_IdentifiableAssetsAcquiredLiabilitiesAssumed" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_A787DebtBondsMaturingOn2027Member_019b3310-03bf-7e0a-8f16-927bdebe1c61_terseLabel_en-US" xlink:label="lab_fmx_A787DebtBondsMaturingOn2027Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">7.87% debt bonds maturing on 2027</link:label>
    <link:label id="lab_fmx_A787DebtBondsMaturingOn2027Member_label_en-US" xlink:label="lab_fmx_A787DebtBondsMaturingOn2027Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">7.87% debt bonds maturing on 2027 [Member]</link:label>
    <link:label id="lab_fmx_A787DebtBondsMaturingOn2027Member_documentation_en-US" xlink:label="lab_fmx_A787DebtBondsMaturingOn2027Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Seven point eight seven percentage debt bonds maturing on two thousand twenty seven.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_A787DebtBondsMaturingOn2027Member" xlink:href="fmx-20251231.xsd#fmx_A787DebtBondsMaturingOn2027Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_A787DebtBondsMaturingOn2027Member" xlink:to="lab_fmx_A787DebtBondsMaturingOn2027Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_WritedownsReversalsOfInventories_019b3310-03bf-739f-a4bb-3dfa28ff9a45_terseLabel_en-US" xlink:label="lab_ifrs-full_WritedownsReversalsOfInventories" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Write-downs (reversals of write-downs) of inventories</link:label>
    <link:label id="lab_ifrs-full_WritedownsReversalsOfInventories_label_en-US" xlink:label="lab_ifrs-full_WritedownsReversalsOfInventories" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Write-downs (reversals of write-downs) of inventories</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WritedownsReversalsOfInventories" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WritedownsReversalsOfInventories"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WritedownsReversalsOfInventories" xlink:to="lab_ifrs-full_WritedownsReversalsOfInventories" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestExpenseOnBorrowings_019b3310-0320-7270-9fdf-52b23e8e6ede_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestExpenseOnBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest on debts and borrowings</link:label>
    <link:label id="lab_ifrs-full_InterestExpenseOnBorrowings_label_en-US" xlink:label="lab_ifrs-full_InterestExpenseOnBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest expense on borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestExpenseOnBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestExpenseOnBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestExpenseOnBorrowings" xlink:to="lab_ifrs-full_InterestExpenseOnBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_Security12bTitle_019b3310-0320-76c4-a21d-9b38591b158a_terseLabel_en-US" xlink:label="lab_dei_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:label id="lab_dei_Security12bTitle_label_en-US" xlink:label="lab_dei_Security12bTitle" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_Security12bTitle" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_Security12bTitle"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_Security12bTitle" xlink:to="lab_dei_Security12bTitle" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityInterestsOfAcquirer_019c42be-620b-7709-9cd0-dd9949027697_terseLabel_en-US" xlink:label="lab_ifrs-full_EquityInterestsOfAcquirer" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity interests of acquirer</link:label>
    <link:label id="lab_ifrs-full_EquityInterestsOfAcquirer_label_en-US" xlink:label="lab_ifrs-full_EquityInterestsOfAcquirer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity interests of acquirer</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityInterestsOfAcquirer" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityInterestsOfAcquirer"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityInterestsOfAcquirer" xlink:to="lab_ifrs-full_EquityInterestsOfAcquirer" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BankInstrumentsMember_019b3310-0271-7407-807b-08decb1646d8_terseLabel_en-US" xlink:label="lab_fmx_BankInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bank instruments</link:label>
    <link:label id="lab_fmx_BankInstrumentsMember_label_en-US" xlink:label="lab_fmx_BankInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bank Instruments [Member]</link:label>
    <link:label id="lab_fmx_BankInstrumentsMember_documentation_en-US" xlink:label="lab_fmx_BankInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bank instruments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BankInstrumentsMember" xlink:href="fmx-20251231.xsd#fmx_BankInstrumentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BankInstrumentsMember" xlink:to="lab_fmx_BankInstrumentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_019b3310-031f-7a22-ab5c-cb76aae67af3_verboseLabel_en-US" xlink:label="lab_ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Weighted average incremental borrowing rate</link:label>
    <link:label id="lab_ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16_label_en-US" xlink:label="lab_ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average lessee's incremental borrowing rate applied to lease liabilities recognised at date of initial application of IFRS 16</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" xlink:to="lab_ifrs-full_WeightedAverageLesseesIncrementalBorrowingRateAppliedToLeaseLiabilitiesRecognisedAtDateOfInitialApplicationOfIFRS16" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BankBorrowingsUndiscountedCashFlows_019b3310-0320-78cb-bf0a-e52d53f99113_terseLabel_en-US" xlink:label="lab_ifrs-full_BankBorrowingsUndiscountedCashFlows" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans from Banks</link:label>
    <link:label id="lab_ifrs-full_BankBorrowingsUndiscountedCashFlows_label_en-US" xlink:label="lab_ifrs-full_BankBorrowingsUndiscountedCashFlows" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bank borrowings, undiscounted cash flows</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BankBorrowingsUndiscountedCashFlows" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BankBorrowingsUndiscountedCashFlows"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BankBorrowingsUndiscountedCashFlows" xlink:to="lab_ifrs-full_BankBorrowingsUndiscountedCashFlows" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_InsuranceRecoveryInvestingActivities_019b3310-0320-7ca7-b795-8d6390602f66_terseLabel_en-US" xlink:label="lab_fmx_InsuranceRecoveryInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Insurance recovery, investing activities</link:label>
    <link:label id="lab_fmx_InsuranceRecoveryInvestingActivities_label_en-US" xlink:label="lab_fmx_InsuranceRecoveryInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Insurance Recovery, Investing Activities</link:label>
    <link:label id="lab_fmx_InsuranceRecoveryInvestingActivities_documentation_en-US" xlink:label="lab_fmx_InsuranceRecoveryInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Insurance Recovery, Investing Activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_InsuranceRecoveryInvestingActivities" xlink:href="fmx-20251231.xsd#fmx_InsuranceRecoveryInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_InsuranceRecoveryInvestingActivities" xlink:to="lab_fmx_InsuranceRecoveryInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_FinanceOperatingCharges_019b3310-03bf-7541-aafd-b5e90fef436b_terseLabel_en-US" xlink:label="lab_fmx_FinanceOperatingCharges" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finance operating charges</link:label>
    <link:label id="lab_fmx_FinanceOperatingCharges_label_en-US" xlink:label="lab_fmx_FinanceOperatingCharges" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finance Operating Charges</link:label>
    <link:label id="lab_fmx_FinanceOperatingCharges_documentation_en-US" xlink:label="lab_fmx_FinanceOperatingCharges" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Finance operating charges.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_FinanceOperatingCharges" xlink:href="fmx-20251231.xsd#fmx_FinanceOperatingCharges"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_FinanceOperatingCharges" xlink:to="lab_fmx_FinanceOperatingCharges" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ScheduleOfIncomeTaxRatesTableTextBlock_019b3310-0272-74b0-897c-3c9d3a657f02_terseLabel_en-US" xlink:label="lab_fmx_ScheduleOfIncomeTaxRatesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Income Tax Rates</link:label>
    <link:label id="lab_fmx_ScheduleOfIncomeTaxRatesTableTextBlock_label_en-US" xlink:label="lab_fmx_ScheduleOfIncomeTaxRatesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of income tax rates [Table Text Block]</link:label>
    <link:label id="lab_fmx_ScheduleOfIncomeTaxRatesTableTextBlock_documentation_en-US" xlink:label="lab_fmx_ScheduleOfIncomeTaxRatesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of income tax rates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ScheduleOfIncomeTaxRatesTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_ScheduleOfIncomeTaxRatesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ScheduleOfIncomeTaxRatesTableTextBlock" xlink:to="lab_fmx_ScheduleOfIncomeTaxRatesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_HedgedItemsDomain_019b3310-019e-7ffa-949b-9c91e0e229f0_terseLabel_en-US" xlink:label="lab_ifrs-full_HedgedItemsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedged items [domain]</link:label>
    <link:label id="lab_ifrs-full_HedgedItemsDomain_label_en-US" xlink:label="lab_ifrs-full_HedgedItemsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedged items [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_HedgedItemsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_HedgedItemsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_HedgedItemsDomain" xlink:to="lab_ifrs-full_HedgedItemsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_FuelDivisionMember_019bccc3-e9be-7e23-8bf8-89e713091c9b_verboseLabel_en-US" xlink:label="lab_fmx_FuelDivisionMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Fuel Division</link:label>
    <link:label id="lab_fmx_FuelDivisionMember_019b3310-031f-75c1-8199-e3644de3864c_terseLabel_en-US" xlink:label="lab_fmx_FuelDivisionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fuel&#160;Division</link:label>
    <link:label id="lab_fmx_FuelDivisionMember_label_en-US" xlink:label="lab_fmx_FuelDivisionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fuel Division [Member]</link:label>
    <link:label id="lab_fmx_FuelDivisionMember_documentation_en-US" xlink:label="lab_fmx_FuelDivisionMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fuel Division</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_FuelDivisionMember" xlink:href="fmx-20251231.xsd#fmx_FuelDivisionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_FuelDivisionMember" xlink:to="lab_fmx_FuelDivisionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_A275SeniorNotesMaturing2030Member_019b3310-031f-7fdb-8649-54eb262fb6cd_terseLabel_en-US" xlink:label="lab_fmx_A275SeniorNotesMaturing2030Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2.75% Senior Notes Maturing 2030</link:label>
    <link:label id="lab_fmx_A275SeniorNotesMaturing2030Member_label_en-US" xlink:label="lab_fmx_A275SeniorNotesMaturing2030Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">2.75% Senior Notes Maturing 2030 [Member]</link:label>
    <link:label id="lab_fmx_A275SeniorNotesMaturing2030Member_documentation_en-US" xlink:label="lab_fmx_A275SeniorNotesMaturing2030Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents information pertaining to Two Point Seven Five Percentage Senior Notes Maturing On Twenty Two of January, Two Thousand Thirty.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_A275SeniorNotesMaturing2030Member" xlink:href="fmx-20251231.xsd#fmx_A275SeniorNotesMaturing2030Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_A275SeniorNotesMaturing2030Member" xlink:to="lab_fmx_A275SeniorNotesMaturing2030Member" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_FederalGovernmentInstrumentsOfTheRespectiveCountriesMember_019b3310-019e-73e6-b06b-f382407ee2c0_terseLabel_en-US" xlink:label="lab_fmx_FederalGovernmentInstrumentsOfTheRespectiveCountriesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal government instruments of the respective countries</link:label>
    <link:label id="lab_fmx_FederalGovernmentInstrumentsOfTheRespectiveCountriesMember_label_en-US" xlink:label="lab_fmx_FederalGovernmentInstrumentsOfTheRespectiveCountriesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Government Instruments Of The Respective Countries [Member]</link:label>
    <link:label id="lab_fmx_FederalGovernmentInstrumentsOfTheRespectiveCountriesMember_documentation_en-US" xlink:label="lab_fmx_FederalGovernmentInstrumentsOfTheRespectiveCountriesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Federal government instruments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_FederalGovernmentInstrumentsOfTheRespectiveCountriesMember" xlink:href="fmx-20251231.xsd#fmx_FederalGovernmentInstrumentsOfTheRespectiveCountriesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_FederalGovernmentInstrumentsOfTheRespectiveCountriesMember" xlink:to="lab_fmx_FederalGovernmentInstrumentsOfTheRespectiveCountriesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityLineItems_019b3310-0272-7459-b9c8-64c006d8a8d0_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of intangible assets material to entity [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of intangible assets material to entity [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityLineItems" xlink:to="lab_ifrs-full_DisclosureOfIntangibleAssetsMaterialToEntityLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentReceivables_019b3310-03bf-7955-94c3-dec9da144609_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current accounts receivables</link:label>
    <link:label id="lab_ifrs-full_NoncurrentReceivables_019b3310-03bf-7478-a285-3a4d11d374b9_verboseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Non-current accounts receivables</link:label>
    <link:label id="lab_ifrs-full_NoncurrentReceivables_label_en-US" xlink:label="lab_ifrs-full_NoncurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade and other non-current receivables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentReceivables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentReceivables" xlink:to="lab_ifrs-full_NoncurrentReceivables" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_019b3310-0320-7e32-9a35-1327856d21fb_terseLabel_en-US" xlink:label="lab_ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity income recognized from ownership interest, net of tax</link:label>
    <link:label id="lab_ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share of profit (loss) from continuing operations of associates and joint ventures accounted for using equity method</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_ShareOfProfitLossOfContinuingOperationsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary_019b3310-0272-7d52-ae7b-7166091b9db8_terseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of voting share in subsidiary</link:label>
    <link:label id="lab_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary_label_en-US" xlink:label="lab_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proportion of voting rights held in subsidiary</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProportionOfVotingPowerHeldInSubsidiary"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary" xlink:to="lab_ifrs-full_ProportionOfVotingPowerHeldInSubsidiary" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrencySwapContractMember_019b3310-0272-7089-a170-578836abac30_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrencySwapContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cross-currency swaps</link:label>
    <link:label id="lab_ifrs-full_CurrencySwapContractMember_label_en-US" xlink:label="lab_ifrs-full_CurrencySwapContractMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Currency swap contract [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrencySwapContractMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrencySwapContractMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrencySwapContractMember" xlink:to="lab_ifrs-full_CurrencySwapContractMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PrepaidLeases_019b3310-0272-754e-960d-8ac4fb5809f0_terseLabel_en-US" xlink:label="lab_fmx_PrepaidLeases" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prepaid leases</link:label>
    <link:label id="lab_fmx_PrepaidLeases_label_en-US" xlink:label="lab_fmx_PrepaidLeases" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prepaid Leases</link:label>
    <link:label id="lab_fmx_PrepaidLeases_documentation_en-US" xlink:label="lab_fmx_PrepaidLeases" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Prepaid leases.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PrepaidLeases" xlink:href="fmx-20251231.xsd#fmx_PrepaidLeases"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PrepaidLeases" xlink:to="lab_fmx_PrepaidLeases" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfIssuedCapitalExplanatory_019b3310-0271-7a96-bb6c-2bb2165b1307_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfIssuedCapitalExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Capital Stock</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfIssuedCapitalExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfIssuedCapitalExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of issued capital [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfIssuedCapitalExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfIssuedCapitalExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfIssuedCapitalExplanatory" xlink:to="lab_ifrs-full_DisclosureOfIssuedCapitalExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_019b3310-0271-7ad0-8f65-3f0aa2cd69f2_terseLabel_en-US" xlink:label="lab_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Repayment of borrowings</link:label>
    <link:label id="lab_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of borrowings, classified as financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SeniorUnsecuredExchangeableBondsMember_019b3310-0272-7774-80c5-ec919bc9cd51_terseLabel_en-US" xlink:label="lab_fmx_SeniorUnsecuredExchangeableBondsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Unsecured Exchangeable Bonds</link:label>
    <link:label id="lab_fmx_SeniorUnsecuredExchangeableBondsMember_label_en-US" xlink:label="lab_fmx_SeniorUnsecuredExchangeableBondsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Unsecured Exchangeable Bonds [Member]</link:label>
    <link:label id="lab_fmx_SeniorUnsecuredExchangeableBondsMember_documentation_en-US" xlink:label="lab_fmx_SeniorUnsecuredExchangeableBondsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Unsecured Exchangeable Bonds</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SeniorUnsecuredExchangeableBondsMember" xlink:href="fmx-20251231.xsd#fmx_SeniorUnsecuredExchangeableBondsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SeniorUnsecuredExchangeableBondsMember" xlink:to="lab_fmx_SeniorUnsecuredExchangeableBondsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SignificantInvestmentsInSubsidiariesDomain_019b3310-03bf-7182-9625-0d963913d37d_terseLabel_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInSubsidiariesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsidiaries [domain]</link:label>
    <link:label id="lab_ifrs-full_SignificantInvestmentsInSubsidiariesDomain_label_en-US" xlink:label="lab_ifrs-full_SignificantInvestmentsInSubsidiariesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsidiaries [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SignificantInvestmentsInSubsidiariesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SignificantInvestmentsInSubsidiariesDomain" xlink:to="lab_ifrs-full_SignificantInvestmentsInSubsidiariesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BankLoansAndNotesPayableAbstract_019b3310-03bf-7396-a481-43be1c70b64c_terseLabel_en-US" xlink:label="lab_fmx_BankLoansAndNotesPayableAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bank Loans and Notes Payable [Abstract]</link:label>
    <link:label id="lab_fmx_BankLoansAndNotesPayableAbstract_label_en-US" xlink:label="lab_fmx_BankLoansAndNotesPayableAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bank Loans and Notes Payable [Abstract]</link:label>
    <link:label id="lab_fmx_BankLoansAndNotesPayableAbstract_documentation_en-US" xlink:label="lab_fmx_BankLoansAndNotesPayableAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Bank Loans and Notes Payable</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BankLoansAndNotesPayableAbstract" xlink:href="fmx-20251231.xsd#fmx_BankLoansAndNotesPayableAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BankLoansAndNotesPayableAbstract" xlink:to="lab_fmx_BankLoansAndNotesPayableAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CrossCurrencySwapAndInterestRateSwapMember_019b3310-031f-78d8-97aa-334670da2a64_terseLabel_en-US" xlink:label="lab_fmx_CrossCurrencySwapAndInterestRateSwapMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cross currency swaps and interest rate swaps</link:label>
    <link:label id="lab_fmx_CrossCurrencySwapAndInterestRateSwapMember_label_en-US" xlink:label="lab_fmx_CrossCurrencySwapAndInterestRateSwapMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cross Currency Swap And Interest Rate Swap [Member]</link:label>
    <link:label id="lab_fmx_CrossCurrencySwapAndInterestRateSwapMember_documentation_en-US" xlink:label="lab_fmx_CrossCurrencySwapAndInterestRateSwapMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cross Currency Swap And Interest Rate Swap</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CrossCurrencySwapAndInterestRateSwapMember" xlink:href="fmx-20251231.xsd#fmx_CrossCurrencySwapAndInterestRateSwapMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CrossCurrencySwapAndInterestRateSwapMember" xlink:to="lab_fmx_CrossCurrencySwapAndInterestRateSwapMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AuditorInformationAbstract_label_en-US" xlink:label="lab_fmx_AuditorInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Auditor Information [Abstract]</link:label>
    <link:label id="lab_fmx_AuditorInformationAbstract_documentation_en-US" xlink:label="lab_fmx_AuditorInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Auditor Information [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AuditorInformationAbstract" xlink:href="fmx-20251231.xsd#fmx_AuditorInformationAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AuditorInformationAbstract" xlink:to="lab_fmx_AuditorInformationAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_InterestIncomeForeignExchangeMember_019b3310-0320-77f7-b80c-191fabbff21a_terseLabel_en-US" xlink:label="lab_fmx_InterestIncomeForeignExchangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign exchange</link:label>
    <link:label id="lab_fmx_InterestIncomeForeignExchangeMember_label_en-US" xlink:label="lab_fmx_InterestIncomeForeignExchangeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Income, Foreign Exchange [Member]</link:label>
    <link:label id="lab_fmx_InterestIncomeForeignExchangeMember_documentation_en-US" xlink:label="lab_fmx_InterestIncomeForeignExchangeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Foreign exchange.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_InterestIncomeForeignExchangeMember" xlink:href="fmx-20251231.xsd#fmx_InterestIncomeForeignExchangeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_InterestIncomeForeignExchangeMember" xlink:to="lab_fmx_InterestIncomeForeignExchangeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_GrupoIndustrialBimboSABDeCVMember_019b3310-031f-7f38-a9e4-7687c510d2a2_terseLabel_en-US" xlink:label="lab_fmx_GrupoIndustrialBimboSABDeCVMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Grupo Industrial Bimbo, S.A.B. de C. V.</link:label>
    <link:label id="lab_fmx_GrupoIndustrialBimboSABDeCVMember_label_en-US" xlink:label="lab_fmx_GrupoIndustrialBimboSABDeCVMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Grupo Industrial Bimbo, S.A.B. de C. V [Member]</link:label>
    <link:label id="lab_fmx_GrupoIndustrialBimboSABDeCVMember_documentation_en-US" xlink:label="lab_fmx_GrupoIndustrialBimboSABDeCVMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Grupo Industrial Bimbo, S.A.B. de C. V.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_GrupoIndustrialBimboSABDeCVMember" xlink:href="fmx-20251231.xsd#fmx_GrupoIndustrialBimboSABDeCVMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_GrupoIndustrialBimboSABDeCVMember" xlink:to="lab_fmx_GrupoIndustrialBimboSABDeCVMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingsByNameAxis_019b3310-03bf-744f-9cc8-0d12db1f650c_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings by name [axis]</link:label>
    <link:label id="lab_ifrs-full_BorrowingsByNameAxis_label_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings by name [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsByNameAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsByNameAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsByNameAxis" xlink:to="lab_ifrs-full_BorrowingsByNameAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset_019bd0ae-7819-718a-87b5-eb08be569336_negatedLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Cancellation of deferred tax asset related to the investment</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred tax expense arising from write-down or reversal of write-down of deferred tax asset</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset" xlink:to="lab_ifrs-full_DeferredTaxExpenseArisingFromWritedownOrReversalOfWritedownOfDeferredTaxAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossFromDiscontinuedOperations_019b3310-031f-7d3c-859d-63eec30f6068_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossFromDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income from discontinued operations</link:label>
    <link:label id="lab_ifrs-full_ProfitLossFromDiscontinuedOperations_019b3310-031f-713a-be8a-e0e3b60ac96b_totalLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossFromDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of shares reclassified to discontinued operations</link:label>
    <link:label id="lab_ifrs-full_ProfitLossFromDiscontinuedOperations_019bd0df-abc2-7ed6-a548-3fbbe79e4b2b_verboseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossFromDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net income (loss) of the period of discontinued operations</link:label>
    <link:label id="lab_ifrs-full_ProfitLossFromDiscontinuedOperations_label_en-US" xlink:label="lab_ifrs-full_ProfitLossFromDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss) from discontinued operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossFromDiscontinuedOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossFromDiscontinuedOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossFromDiscontinuedOperations" xlink:to="lab_ifrs-full_ProfitLossFromDiscontinuedOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentDerivativeFinancialAssets_019b3310-0320-717c-8ddf-40dbde60f724_verboseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Derivative financial instruments</link:label>
    <link:label id="lab_ifrs-full_NoncurrentDerivativeFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current derivative financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentDerivativeFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:to="lab_ifrs-full_NoncurrentDerivativeFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TotalLiabilitiesFromFinancingActivitiesMember_019b3310-031f-7855-b7fa-9937c35d6041_terseLabel_en-US" xlink:label="lab_fmx_TotalLiabilitiesFromFinancingActivitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Liabilities From Financing Activities</link:label>
    <link:label id="lab_fmx_TotalLiabilitiesFromFinancingActivitiesMember_label_en-US" xlink:label="lab_fmx_TotalLiabilitiesFromFinancingActivitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Liabilities From Financing Activities [Member]</link:label>
    <link:label id="lab_fmx_TotalLiabilitiesFromFinancingActivitiesMember_documentation_en-US" xlink:label="lab_fmx_TotalLiabilitiesFromFinancingActivitiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total liabilities from financing activities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TotalLiabilitiesFromFinancingActivitiesMember" xlink:href="fmx-20251231.xsd#fmx_TotalLiabilitiesFromFinancingActivitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TotalLiabilitiesFromFinancingActivitiesMember" xlink:to="lab_fmx_TotalLiabilitiesFromFinancingActivitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsTable_019b3310-0271-7a54-8f5e-4dd0ca0e30e3_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedging instruments [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about hedging instruments [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsTable" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutHedgingInstrumentsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AgreementWithCustomersNetOfAccumulatedAmortizationOtherNonCurrentAssets_019b3310-03bf-7546-acf7-8859d73c2f1a_terseLabel_en-US" xlink:label="lab_fmx_AgreementWithCustomersNetOfAccumulatedAmortizationOtherNonCurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Agreements with customers, net of accumulated amortization and other rights</link:label>
    <link:label id="lab_fmx_AgreementWithCustomersNetOfAccumulatedAmortizationOtherNonCurrentAssets_label_en-US" xlink:label="lab_fmx_AgreementWithCustomersNetOfAccumulatedAmortizationOtherNonCurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Agreement With Customers, Net Of Accumulated Amortization, Other Non Current Assets</link:label>
    <link:label id="lab_fmx_AgreementWithCustomersNetOfAccumulatedAmortizationOtherNonCurrentAssets_documentation_en-US" xlink:label="lab_fmx_AgreementWithCustomersNetOfAccumulatedAmortizationOtherNonCurrentAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Agreement with customers other non current assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AgreementWithCustomersNetOfAccumulatedAmortizationOtherNonCurrentAssets" xlink:href="fmx-20251231.xsd#fmx_AgreementWithCustomersNetOfAccumulatedAmortizationOtherNonCurrentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AgreementWithCustomersNetOfAccumulatedAmortizationOtherNonCurrentAssets" xlink:to="lab_fmx_AgreementWithCustomersNetOfAccumulatedAmortizationOtherNonCurrentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AccumulatedImpairmentMember_019b3310-031f-7120-9fe7-bdbea00483f1_terseLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedImpairmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated impairment</link:label>
    <link:label id="lab_ifrs-full_AccumulatedImpairmentMember_label_en-US" xlink:label="lab_ifrs-full_AccumulatedImpairmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated impairment [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AccumulatedImpairmentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccumulatedImpairmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedImpairmentMember" xlink:to="lab_ifrs-full_AccumulatedImpairmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfOtherNonCurrentFinancialAssetsExplanatoryTableTextBlock_019b3310-031f-7193-aff6-28d85dacb588_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfOtherNonCurrentFinancialAssetsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Other Non-Current Financial Assets</link:label>
    <link:label id="lab_fmx_DisclosureOfOtherNonCurrentFinancialAssetsExplanatoryTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfOtherNonCurrentFinancialAssetsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Other Non Current Financial Assets Explanatory [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfOtherNonCurrentFinancialAssetsExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfOtherNonCurrentFinancialAssetsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of other non current financial assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfOtherNonCurrentFinancialAssetsExplanatoryTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfOtherNonCurrentFinancialAssetsExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfOtherNonCurrentFinancialAssetsExplanatoryTableTextBlock" xlink:to="lab_fmx_DisclosureOfOtherNonCurrentFinancialAssetsExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfDetailedInformationAboutSensitivityToChangesInAssumptionsTableTextBlock_019b3310-03be-7a52-9fe8-5356c9cbe43d_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfDetailedInformationAboutSensitivityToChangesInAssumptionsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Disclosure of Detailed Information About Sensitivity to Changes in Assumptions</link:label>
    <link:label id="lab_fmx_DisclosureOfDetailedInformationAboutSensitivityToChangesInAssumptionsTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfDetailedInformationAboutSensitivityToChangesInAssumptionsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Detailed Information About Sensitivity to Changes in Assumptions [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfDetailedInformationAboutSensitivityToChangesInAssumptionsTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfDetailedInformationAboutSensitivityToChangesInAssumptionsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about sensitivity to changes in assumptions.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfDetailedInformationAboutSensitivityToChangesInAssumptionsTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfDetailedInformationAboutSensitivityToChangesInAssumptionsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfDetailedInformationAboutSensitivityToChangesInAssumptionsTableTextBlock" xlink:to="lab_fmx_DisclosureOfDetailedInformationAboutSensitivityToChangesInAssumptionsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsExplanatory_019b3310-03bf-7c73-9864-dfff3275b645_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Instruments</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial instruments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_019b3310-03bf-7afe-8b28-d1d6951a70ed_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Property, Plant and Equipment, Net</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ADR1Member_019b3310-031f-7ff5-bd03-2ed9568159c2_terseLabel_en-US" xlink:label="lab_fmx_ADR1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ADR</link:label>
    <link:label id="lab_fmx_ADR1Member_label_en-US" xlink:label="lab_fmx_ADR1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">ADR, 1 [Member]</link:label>
    <link:label id="lab_fmx_ADR1Member_documentation_en-US" xlink:label="lab_fmx_ADR1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">American Depositary Receipt (or American Depositary Share, ADS).</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ADR1Member" xlink:href="fmx-20251231.xsd#fmx_ADR1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ADR1Member" xlink:to="lab_fmx_ADR1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AluminumPriceContractsMember_019b3310-0271-79f7-8a7c-66a2615cb861_terseLabel_en-US" xlink:label="lab_fmx_AluminumPriceContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aluminum price contracts</link:label>
    <link:label id="lab_fmx_AluminumPriceContractsMember_label_en-US" xlink:label="lab_fmx_AluminumPriceContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Aluminum Price Contracts [Member]</link:label>
    <link:label id="lab_fmx_AluminumPriceContractsMember_documentation_en-US" xlink:label="lab_fmx_AluminumPriceContractsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Aluminium price contracts.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AluminumPriceContractsMember" xlink:href="fmx-20251231.xsd#fmx_AluminumPriceContractsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AluminumPriceContractsMember" xlink:to="lab_fmx_AluminumPriceContractsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AmortizationExpenseReportedInSellingExpenses_019b3310-03bf-7d7f-926d-97ea90516fda_terseLabel_en-US" xlink:label="lab_fmx_AmortizationExpenseReportedInSellingExpenses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Selling expenses</link:label>
    <link:label id="lab_fmx_AmortizationExpenseReportedInSellingExpenses_label_en-US" xlink:label="lab_fmx_AmortizationExpenseReportedInSellingExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization Expense Reported In Selling Expenses</link:label>
    <link:label id="lab_fmx_AmortizationExpenseReportedInSellingExpenses_documentation_en-US" xlink:label="lab_fmx_AmortizationExpenseReportedInSellingExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amortisation expense reported in selling expenses.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AmortizationExpenseReportedInSellingExpenses" xlink:href="fmx-20251231.xsd#fmx_AmortizationExpenseReportedInSellingExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AmortizationExpenseReportedInSellingExpenses" xlink:to="lab_fmx_AmortizationExpenseReportedInSellingExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_EquityInvestmentOtherInvestmentsMember_019b3310-03bf-7fd0-9869-f16f74036707_terseLabel_en-US" xlink:label="lab_fmx_EquityInvestmentOtherInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other investments</link:label>
    <link:label id="lab_fmx_EquityInvestmentOtherInvestmentsMember_label_en-US" xlink:label="lab_fmx_EquityInvestmentOtherInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Investment, Other Investments [Member]</link:label>
    <link:label id="lab_fmx_EquityInvestmentOtherInvestmentsMember_documentation_en-US" xlink:label="lab_fmx_EquityInvestmentOtherInvestmentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Primary financial statement caption encompassing other investments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_EquityInvestmentOtherInvestmentsMember" xlink:href="fmx-20251231.xsd#fmx_EquityInvestmentOtherInvestmentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_EquityInvestmentOtherInvestmentsMember" xlink:to="lab_fmx_EquityInvestmentOtherInvestmentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ClassOfStock1Domain_019b3310-03bf-73b4-93d4-fb6c1d4ddcdf_terseLabel_en-US" xlink:label="lab_fmx_ClassOfStock1Domain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class Of Stock [Domain]</link:label>
    <link:label id="lab_fmx_ClassOfStock1Domain_label_en-US" xlink:label="lab_fmx_ClassOfStock1Domain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class Of Stock, 1 [Domain]</link:label>
    <link:label id="lab_fmx_ClassOfStock1Domain_documentation_en-US" xlink:label="lab_fmx_ClassOfStock1Domain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Class Of Stock [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ClassOfStock1Domain" xlink:href="fmx-20251231.xsd#fmx_ClassOfStock1Domain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ClassOfStock1Domain" xlink:to="lab_fmx_ClassOfStock1Domain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingsInterestRate_019b3310-03bf-7fbf-bdfe-8c943cd2c895_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsInterestRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings, interest rate</link:label>
    <link:label id="lab_ifrs-full_BorrowingsInterestRate_019cafb5-ff05-742c-a2e6-98afddde56f0_verboseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsInterestRate" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Fixed-rate notes</link:label>
    <link:label id="lab_ifrs-full_BorrowingsInterestRate_label_en-US" xlink:label="lab_ifrs-full_BorrowingsInterestRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings, interest rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsInterestRate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsInterestRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsInterestRate" xlink:to="lab_ifrs-full_BorrowingsInterestRate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InventoryRecognisedAsOfAcquisitionDate_019b3310-031f-7429-ac8e-3820548da1ac_terseLabel_en-US" xlink:label="lab_ifrs-full_InventoryRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventories</link:label>
    <link:label id="lab_ifrs-full_InventoryRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_ifrs-full_InventoryRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory recognised as of acquisition date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InventoryRecognisedAsOfAcquisitionDate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InventoryRecognisedAsOfAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InventoryRecognisedAsOfAcquisitionDate" xlink:to="lab_ifrs-full_InventoryRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CHFUSDMember_019c47b8-fd9f-724b-b309-dbcc2a39aa4c_terseLabel_en-US" xlink:label="lab_fmx_CHFUSDMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CHF/USD</link:label>
    <link:label id="lab_fmx_CHFUSDMember_label_en-US" xlink:label="lab_fmx_CHFUSDMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CHF/USD [Member]</link:label>
    <link:label id="lab_fmx_CHFUSDMember_documentation_en-US" xlink:label="lab_fmx_CHFUSDMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">CHF/USD</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CHFUSDMember" xlink:href="fmx-20251231.xsd#fmx_CHFUSDMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CHFUSDMember" xlink:to="lab_fmx_CHFUSDMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NetExposureCommoditiesRisk_019b3310-03bf-7d27-b7c7-b5783f40819f_terseLabel_en-US" xlink:label="lab_fmx_NetExposureCommoditiesRisk" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net exposure</link:label>
    <link:label id="lab_fmx_NetExposureCommoditiesRisk_label_en-US" xlink:label="lab_fmx_NetExposureCommoditiesRisk" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Exposure, Commodities Risk</link:label>
    <link:label id="lab_fmx_NetExposureCommoditiesRisk_documentation_en-US" xlink:label="lab_fmx_NetExposureCommoditiesRisk" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net exposure, commodities risk.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NetExposureCommoditiesRisk" xlink:href="fmx-20251231.xsd#fmx_NetExposureCommoditiesRisk"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NetExposureCommoditiesRisk" xlink:to="lab_fmx_NetExposureCommoditiesRisk" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EmployeeBenefitsExpense_019bd0ad-a54e-794a-aeb3-bbc621738b7a_negatedLabel_en-US" xlink:label="lab_ifrs-full_EmployeeBenefitsExpense" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Employee benefits</link:label>
    <link:label id="lab_ifrs-full_EmployeeBenefitsExpense_label_en-US" xlink:label="lab_ifrs-full_EmployeeBenefitsExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee benefits expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EmployeeBenefitsExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EmployeeBenefitsExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EmployeeBenefitsExpense" xlink:to="lab_ifrs-full_EmployeeBenefitsExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_019b3310-03bf-76d0-9b6f-fdf8de004f3e_negatedLabel_en-US" xlink:label="lab_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Amortization expense</link:label>
    <link:label id="lab_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_019b3310-03bf-7cf5-93f8-d67ad909aab7_totalLabel_en-US" xlink:label="lab_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Amortization expense</link:label>
    <link:label id="lab_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_label_en-US" xlink:label="lab_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortisation, intangible assets other than goodwill</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:to="lab_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod_019b3310-0271-7e41-8410-e32c59d93e91_totalLabel_en-US" xlink:label="lab_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">IFS TopCo investment</link:label>
    <link:label id="lab_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments in associates accounted for using equity method</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod" xlink:to="lab_ifrs-full_InvestmentsInAssociatesAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BorrowingsExchangePrice_019b3310-019e-783d-83e2-9c71201313bf_terseLabel_en-US" xlink:label="lab_fmx_BorrowingsExchangePrice" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange price (in euros per share)</link:label>
    <link:label id="lab_fmx_BorrowingsExchangePrice_label_en-US" xlink:label="lab_fmx_BorrowingsExchangePrice" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings, Exchange Price</link:label>
    <link:label id="lab_fmx_BorrowingsExchangePrice_documentation_en-US" xlink:label="lab_fmx_BorrowingsExchangePrice" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Borrowings, Exchange Price</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BorrowingsExchangePrice" xlink:href="fmx-20251231.xsd#fmx_BorrowingsExchangePrice"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BorrowingsExchangePrice" xlink:to="lab_fmx_BorrowingsExchangePrice" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentAssets_019b3310-03bf-718a-b7d4-0cd34ec70eab_totalLabel_en-US" xlink:label="lab_ifrs-full_CurrentAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total current assets</link:label>
    <link:label id="lab_ifrs-full_CurrentAssets_019b3310-03bf-7046-b575-07edb137b8a2_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total current assets</link:label>
    <link:label id="lab_ifrs-full_CurrentAssets_label_en-US" xlink:label="lab_ifrs-full_CurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentAssets" xlink:to="lab_ifrs-full_CurrentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnDisposalsOfInvestments_019bccac-1308-75ac-8007-ae7c9dc4c0d5_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnDisposalsOfInvestments" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Gains (losses) on disposals of investments</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnDisposalsOfInvestments_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnDisposalsOfInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on disposals of investments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnDisposalsOfInvestments" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnDisposalsOfInvestments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnDisposalsOfInvestments" xlink:to="lab_ifrs-full_GainsLossesOnDisposalsOfInvestments" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsTable_019b3310-03bf-7030-8d96-1cfd710d7191_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of operating segments [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of operating segments [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOperatingSegmentsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:to="lab_ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_MaterialAccountingPoliciesAbstract_label_en-US" xlink:label="lab_fmx_MaterialAccountingPoliciesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Material Accounting Policies [Abstract]</link:label>
    <link:label id="lab_fmx_MaterialAccountingPoliciesAbstract_documentation_en-US" xlink:label="lab_fmx_MaterialAccountingPoliciesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Significant Accounting Policies [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_MaterialAccountingPoliciesAbstract" xlink:href="fmx-20251231.xsd#fmx_MaterialAccountingPoliciesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_MaterialAccountingPoliciesAbstract" xlink:to="lab_fmx_MaterialAccountingPoliciesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_019b3310-0272-7fd3-bcba-0a25b454908b_terseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total deferred tax expense (benefit)</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_019b3310-0272-7f0e-b76f-fb12b775eb72_totalLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total deferred tax expense (benefit)</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred tax expense (income) recognised in profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:to="lab_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SubsidiariesMember_019b3310-0320-7a21-af30-c177a49fd20b_terseLabel_en-US" xlink:label="lab_ifrs-full_SubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total for all subsidiaries</link:label>
    <link:label id="lab_ifrs-full_SubsidiariesMember_label_en-US" xlink:label="lab_ifrs-full_SubsidiariesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total for all subsidiaries [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SubsidiariesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SubsidiariesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SubsidiariesMember" xlink:to="lab_ifrs-full_SubsidiariesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LiabilitiesRecognisedAsOfAcquisitionDate_019b3310-031f-7b0c-9d30-fd227993e7ac_negatedTerseLabel_en-US" xlink:label="lab_fmx_LiabilitiesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Total liabilities</link:label>
    <link:label id="lab_fmx_LiabilitiesRecognisedAsOfAcquisitionDate_label_en-US" xlink:label="lab_fmx_LiabilitiesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities recognised as of acquisition date</link:label>
    <link:label id="lab_fmx_LiabilitiesRecognisedAsOfAcquisitionDate_documentation_en-US" xlink:label="lab_fmx_LiabilitiesRecognisedAsOfAcquisitionDate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Liabilities recognised as of acquisition date.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LiabilitiesRecognisedAsOfAcquisitionDate" xlink:href="fmx-20251231.xsd#fmx_LiabilitiesRecognisedAsOfAcquisitionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LiabilitiesRecognisedAsOfAcquisitionDate" xlink:to="lab_fmx_LiabilitiesRecognisedAsOfAcquisitionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital_019b3310-03bf-707d-b685-f7e5366c2edc_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash flows from operating activities before changes in operating accounts</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) operations before changes in working capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xlink:to="lab_ifrs-full_CashFlowsFromUsedInOperationsBeforeChangesInWorkingCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ReclassificationOfRevenueMember_019b3310-031f-742a-b245-ab985cb34653_terseLabel_en-US" xlink:label="lab_fmx_ReclassificationOfRevenueMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassification Of Revenue</link:label>
    <link:label id="lab_fmx_ReclassificationOfRevenueMember_label_en-US" xlink:label="lab_fmx_ReclassificationOfRevenueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reclassification Of Revenue [Member]</link:label>
    <link:label id="lab_fmx_ReclassificationOfRevenueMember_documentation_en-US" xlink:label="lab_fmx_ReclassificationOfRevenueMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reclassification Of Revenue</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ReclassificationOfRevenueMember" xlink:href="fmx-20251231.xsd#fmx_ReclassificationOfRevenueMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ReclassificationOfRevenueMember" xlink:to="lab_fmx_ReclassificationOfRevenueMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ScheduleOfReconciliationOfShareRepurchaseProgramTableTextBlock_019b3310-0271-740c-8bed-dcab1c824f87_terseLabel_en-US" xlink:label="lab_fmx_ScheduleOfReconciliationOfShareRepurchaseProgramTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Share Repurchase Program Reconciliation</link:label>
    <link:label id="lab_fmx_ScheduleOfReconciliationOfShareRepurchaseProgramTableTextBlock_label_en-US" xlink:label="lab_fmx_ScheduleOfReconciliationOfShareRepurchaseProgramTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Reconciliation Of Share Repurchase Program [Table Text Block]</link:label>
    <link:label id="lab_fmx_ScheduleOfReconciliationOfShareRepurchaseProgramTableTextBlock_documentation_en-US" xlink:label="lab_fmx_ScheduleOfReconciliationOfShareRepurchaseProgramTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Reconciliation Of Share Repurchase Program</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ScheduleOfReconciliationOfShareRepurchaseProgramTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_ScheduleOfReconciliationOfShareRepurchaseProgramTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ScheduleOfReconciliationOfShareRepurchaseProgramTableTextBlock" xlink:to="lab_fmx_ScheduleOfReconciliationOfShareRepurchaseProgramTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SegmentsAxis_019b3310-031f-726b-ae16-e345762688e8_terseLabel_en-US" xlink:label="lab_ifrs-full_SegmentsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segments [axis]</link:label>
    <link:label id="lab_ifrs-full_SegmentsAxis_label_en-US" xlink:label="lab_ifrs-full_SegmentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segments [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SegmentsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SegmentsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SegmentsAxis" xlink:to="lab_ifrs-full_SegmentsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfRisksAxis_019b3310-03bf-7fd6-befc-3d15dc77d119_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfRisksAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of risks [axis]</link:label>
    <link:label id="lab_ifrs-full_TypesOfRisksAxis_label_en-US" xlink:label="lab_ifrs-full_TypesOfRisksAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of risks [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfRisksAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfRisksAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfRisksAxis" xlink:to="lab_ifrs-full_TypesOfRisksAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentTaxLiabilitiesNoncurrent_019b3310-0272-79b6-b784-7e1919f43cb0_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentTaxLiabilitiesNoncurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax payable</link:label>
    <link:label id="lab_ifrs-full_CurrentTaxLiabilitiesNoncurrent_label_en-US" xlink:label="lab_ifrs-full_CurrentTaxLiabilitiesNoncurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current tax liabilities, non-current</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentTaxLiabilitiesNoncurrent" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentTaxLiabilitiesNoncurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTaxLiabilitiesNoncurrent" xlink:to="lab_ifrs-full_CurrentTaxLiabilitiesNoncurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PETBottlesMember_019b3310-0320-7cb1-8d3b-5c5febe29731_terseLabel_en-US" xlink:label="lab_fmx_PETBottlesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">PET bottles</link:label>
    <link:label id="lab_fmx_PETBottlesMember_label_en-US" xlink:label="lab_fmx_PETBottlesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">PET bottles [Member]</link:label>
    <link:label id="lab_fmx_PETBottlesMember_documentation_en-US" xlink:label="lab_fmx_PETBottlesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">PET bottles.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PETBottlesMember" xlink:href="fmx-20251231.xsd#fmx_PETBottlesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PETBottlesMember" xlink:to="lab_fmx_PETBottlesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherStockMember_019b3310-031f-7929-b38e-325f972d6533_terseLabel_en-US" xlink:label="lab_fmx_OtherStockMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other stock</link:label>
    <link:label id="lab_fmx_OtherStockMember_label_en-US" xlink:label="lab_fmx_OtherStockMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Stock [Member]</link:label>
    <link:label id="lab_fmx_OtherStockMember_documentation_en-US" xlink:label="lab_fmx_OtherStockMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other stock.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherStockMember" xlink:href="fmx-20251231.xsd#fmx_OtherStockMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherStockMember" xlink:to="lab_fmx_OtherStockMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_OtherCurrenciesMember_019b3310-03bf-7e43-8afc-637d375a0a41_terseLabel_en-US" xlink:label="lab_fmx_OtherCurrenciesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other currencies</link:label>
    <link:label id="lab_fmx_OtherCurrenciesMember_label_en-US" xlink:label="lab_fmx_OtherCurrenciesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other currencies [Member]</link:label>
    <link:label id="lab_fmx_OtherCurrenciesMember_documentation_en-US" xlink:label="lab_fmx_OtherCurrenciesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other currencies.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_OtherCurrenciesMember" xlink:href="fmx-20251231.xsd#fmx_OtherCurrenciesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_OtherCurrenciesMember" xlink:to="lab_fmx_OtherCurrenciesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DeferredTaxAssetAssetsHeldForSale_019b3310-019e-7f0a-9d0e-7f001e13b13f_terseLabel_en-US" xlink:label="lab_fmx_DeferredTaxAssetAssetsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax asset from assets held for sale</link:label>
    <link:label id="lab_fmx_DeferredTaxAssetAssetsHeldForSale_label_en-US" xlink:label="lab_fmx_DeferredTaxAssetAssetsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Asset, Assets Held For Sale</link:label>
    <link:label id="lab_fmx_DeferredTaxAssetAssetsHeldForSale_documentation_en-US" xlink:label="lab_fmx_DeferredTaxAssetAssetsHeldForSale" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Tax Asset, Assets Held For Sale</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DeferredTaxAssetAssetsHeldForSale" xlink:href="fmx-20251231.xsd#fmx_DeferredTaxAssetAssetsHeldForSale"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DeferredTaxAssetAssetsHeldForSale" xlink:to="lab_fmx_DeferredTaxAssetAssetsHeldForSale" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TaxRateEffectOfAnnualInflationTaxAdjustment_019b3310-0272-75c1-91ed-17e0275733b1_terseLabel_en-US" xlink:label="lab_fmx_TaxRateEffectOfAnnualInflationTaxAdjustment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Annual inflation tax adjustment</link:label>
    <link:label id="lab_fmx_TaxRateEffectOfAnnualInflationTaxAdjustment_label_en-US" xlink:label="lab_fmx_TaxRateEffectOfAnnualInflationTaxAdjustment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax rate effect of annual inflation tax adjustment</link:label>
    <link:label id="lab_fmx_TaxRateEffectOfAnnualInflationTaxAdjustment_documentation_en-US" xlink:label="lab_fmx_TaxRateEffectOfAnnualInflationTaxAdjustment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tax rate effect of annual inflation tax adjustment.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TaxRateEffectOfAnnualInflationTaxAdjustment" xlink:href="fmx-20251231.xsd#fmx_TaxRateEffectOfAnnualInflationTaxAdjustment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TaxRateEffectOfAnnualInflationTaxAdjustment" xlink:to="lab_fmx_TaxRateEffectOfAnnualInflationTaxAdjustment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable_019b3310-03bf-7a25-8cc4-06c1be445741_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of transactions between related parties [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of transactions between related parties [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestIncomeOnOtherFinancialAssets_019b3310-0271-7240-990e-411ef9cc0712_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestIncomeOnOtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Others</link:label>
    <link:label id="lab_ifrs-full_InterestIncomeOnOtherFinancialAssets_label_en-US" xlink:label="lab_ifrs-full_InterestIncomeOnOtherFinancialAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest income on other financial assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestIncomeOnOtherFinancialAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestIncomeOnOtherFinancialAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestIncomeOnOtherFinancialAssets" xlink:to="lab_ifrs-full_InterestIncomeOnOtherFinancialAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForFairValueGainsLosses_019b3310-0320-7c46-9d16-9659438adeb8_verboseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForFairValueGainsLosses" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Market value (gain) loss on financial instruments</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForFairValueGainsLosses_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForFairValueGainsLosses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for fair value losses (gains)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForFairValueGainsLosses" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForFairValueGainsLosses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForFairValueGainsLosses" xlink:to="lab_ifrs-full_AdjustmentsForFairValueGainsLosses" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DepreciationPropertyPlantAndEquipment_019b3310-0271-7829-aeee-599c029a7c0f_negatedLabel_en-US" xlink:label="lab_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Depreciation for the&#160;year</link:label>
    <link:label id="lab_ifrs-full_DepreciationPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DepreciationPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodCreditNote_019b3310-0272-7d01-a466-0dc2788e635f_terseLabel_en-US" xlink:label="lab_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodCreditNote" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sales of investments accounted for using equity method, credit note</link:label>
    <link:label id="lab_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodCreditNote_label_en-US" xlink:label="lab_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodCreditNote" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds From Sales Of Investments Accounted For Using Equity Method, Credit Note</link:label>
    <link:label id="lab_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodCreditNote_documentation_en-US" xlink:label="lab_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodCreditNote" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds From Sales Of Investments Accounted For Using Equity Method, Credit Note</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodCreditNote" xlink:href="fmx-20251231.xsd#fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodCreditNote"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodCreditNote" xlink:to="lab_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodCreditNote" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfHedgesAxis_019b3310-019e-7aaa-9488-27c3a2fbad88_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfHedgesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of hedges [axis]</link:label>
    <link:label id="lab_ifrs-full_TypesOfHedgesAxis_label_en-US" xlink:label="lab_ifrs-full_TypesOfHedgesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of hedges [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfHedgesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfHedgesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfHedgesAxis" xlink:to="lab_ifrs-full_TypesOfHedgesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory_019b3310-03bf-7422-8014-3ddf3fb1a7c2_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative financial instruments</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for derivative financial instruments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentTaxAssetsCurrent_019b3310-031f-7e1c-9aff-09a874a460e6_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentTaxAssetsCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Recoverable taxes</link:label>
    <link:label id="lab_ifrs-full_CurrentTaxAssetsCurrent_label_en-US" xlink:label="lab_ifrs-full_CurrentTaxAssetsCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current tax assets, current</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentTaxAssetsCurrent" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentTaxAssetsCurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTaxAssetsCurrent" xlink:to="lab_ifrs-full_CurrentTaxAssetsCurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentProvisionsForEmployeeBenefits_019b3310-03bf-722e-8474-3cdf4f59094e_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentProvisionsForEmployeeBenefits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-term employee benefits</link:label>
    <link:label id="lab_ifrs-full_CurrentProvisionsForEmployeeBenefits_label_en-US" xlink:label="lab_ifrs-full_CurrentProvisionsForEmployeeBenefits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current provisions for employee benefits</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentProvisionsForEmployeeBenefits" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentProvisionsForEmployeeBenefits"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentProvisionsForEmployeeBenefits" xlink:to="lab_ifrs-full_CurrentProvisionsForEmployeeBenefits" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember_019bd4a7-8851-7050-a867-a4c75081f49f_verboseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Five to ten&#160;years</link:label>
    <link:label id="lab_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember_019b3310-03bf-7ef5-a426-c12880491616_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2030</link:label>
    <link:label id="lab_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than five years and not later than ten years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:to="lab_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdvertisingExpense_019b3310-0447-7065-ab6e-f9f623fb2312_terseLabel_en-US" xlink:label="lab_ifrs-full_AdvertisingExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advertising and promotional expenses</link:label>
    <link:label id="lab_ifrs-full_AdvertisingExpense_label_en-US" xlink:label="lab_ifrs-full_AdvertisingExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advertising expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdvertisingExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdvertisingExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdvertisingExpense" xlink:to="lab_ifrs-full_AdvertisingExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities_019b3310-031f-7adc-91f7-aedc782006bc_terseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Collections of other assets</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from sales of other long-term assets, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable_019b3310-0272-746c-a10e-e3381a619e77_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ChangeInBasisPointEffectOnEquity_019b3310-019e-7054-815e-896acfe6ee42_terseLabel_en-US" xlink:label="lab_fmx_ChangeInBasisPointEffectOnEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect on Equity</link:label>
    <link:label id="lab_fmx_ChangeInBasisPointEffectOnEquity_label_en-US" xlink:label="lab_fmx_ChangeInBasisPointEffectOnEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Change In Basis Point Effect On Equity</link:label>
    <link:label id="lab_fmx_ChangeInBasisPointEffectOnEquity_documentation_en-US" xlink:label="lab_fmx_ChangeInBasisPointEffectOnEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Change in basis point effect on equity.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ChangeInBasisPointEffectOnEquity" xlink:href="fmx-20251231.xsd#fmx_ChangeInBasisPointEffectOnEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ChangeInBasisPointEffectOnEquity" xlink:to="lab_fmx_ChangeInBasisPointEffectOnEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_019b3310-03bf-7598-a379-6cf7c02ae505_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of property, plant and equipment [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:to="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AdjustmentsForIncreaseDecreaseInOtherCurrentFinancialLiabilities_019b3310-0320-7bfc-8588-59bd2b336dd3_terseLabel_en-US" xlink:label="lab_fmx_AdjustmentsForIncreaseDecreaseInOtherCurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other current financial liabilities</link:label>
    <link:label id="lab_fmx_AdjustmentsForIncreaseDecreaseInOtherCurrentFinancialLiabilities_label_en-US" xlink:label="lab_fmx_AdjustmentsForIncreaseDecreaseInOtherCurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments For Increase Decrease In Other Current Financial Liabilities</link:label>
    <link:label id="lab_fmx_AdjustmentsForIncreaseDecreaseInOtherCurrentFinancialLiabilities_documentation_en-US" xlink:label="lab_fmx_AdjustmentsForIncreaseDecreaseInOtherCurrentFinancialLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustments for increase decrease in other current financial liabilities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AdjustmentsForIncreaseDecreaseInOtherCurrentFinancialLiabilities" xlink:href="fmx-20251231.xsd#fmx_AdjustmentsForIncreaseDecreaseInOtherCurrentFinancialLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AdjustmentsForIncreaseDecreaseInOtherCurrentFinancialLiabilities" xlink:to="lab_fmx_AdjustmentsForIncreaseDecreaseInOtherCurrentFinancialLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherRevenue_019b3310-0320-7988-9998-b8db8eea879e_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherRevenue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other&#160;Operating Revenues</link:label>
    <link:label id="lab_ifrs-full_OtherRevenue_label_en-US" xlink:label="lab_ifrs-full_OtherRevenue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other revenue</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherRevenue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherRevenue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherRevenue" xlink:to="lab_ifrs-full_OtherRevenue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory_019b3310-0272-7839-8b63-a6c78f8bd8ef_verboseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Summary of Lease Liabilities</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of maturity analysis of operating lease payments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_MexicoAndCentralAmericaMember_019b3310-03bf-75b3-9dd5-b5173cfdcc4b_terseLabel_en-US" xlink:label="lab_fmx_MexicoAndCentralAmericaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mexico and Central America</link:label>
    <link:label id="lab_fmx_MexicoAndCentralAmericaMember_label_en-US" xlink:label="lab_fmx_MexicoAndCentralAmericaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mexico And Central America [Member]</link:label>
    <link:label id="lab_fmx_MexicoAndCentralAmericaMember_documentation_en-US" xlink:label="lab_fmx_MexicoAndCentralAmericaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mexico and Central America.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_MexicoAndCentralAmericaMember" xlink:href="fmx-20251231.xsd#fmx_MexicoAndCentralAmericaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_MexicoAndCentralAmericaMember" xlink:to="lab_fmx_MexicoAndCentralAmericaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_InterestExpenseAndFeePaidRelatedPartyTransactions_019b3310-031f-7cc0-bdd9-4e3f1ad7b54f_terseLabel_en-US" xlink:label="lab_fmx_InterestExpenseAndFeePaidRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest expense and fee paid to related party transaction</link:label>
    <link:label id="lab_fmx_InterestExpenseAndFeePaidRelatedPartyTransactions_label_en-US" xlink:label="lab_fmx_InterestExpenseAndFeePaidRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense And Fee Paid Related Party Transactions</link:label>
    <link:label id="lab_fmx_InterestExpenseAndFeePaidRelatedPartyTransactions_documentation_en-US" xlink:label="lab_fmx_InterestExpenseAndFeePaidRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest expense and fee paid related party transactions.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_InterestExpenseAndFeePaidRelatedPartyTransactions" xlink:href="fmx-20251231.xsd#fmx_InterestExpenseAndFeePaidRelatedPartyTransactions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_InterestExpenseAndFeePaidRelatedPartyTransactions" xlink:to="lab_fmx_InterestExpenseAndFeePaidRelatedPartyTransactions" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_FiniteUsefulLivedIntangibleAssetsMember_019b3310-03bf-75f5-9d1e-b093e01daa0e_terseLabel_en-US" xlink:label="lab_fmx_FiniteUsefulLivedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finite useful lived intangible assets</link:label>
    <link:label id="lab_fmx_FiniteUsefulLivedIntangibleAssetsMember_label_en-US" xlink:label="lab_fmx_FiniteUsefulLivedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite useful lived intangible assets [Member]</link:label>
    <link:label id="lab_fmx_FiniteUsefulLivedIntangibleAssetsMember_documentation_en-US" xlink:label="lab_fmx_FiniteUsefulLivedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Finite useful lived intangible assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_FiniteUsefulLivedIntangibleAssetsMember" xlink:href="fmx-20251231.xsd#fmx_FiniteUsefulLivedIntangibleAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_FiniteUsefulLivedIntangibleAssetsMember" xlink:to="lab_fmx_FiniteUsefulLivedIntangibleAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfDetailedInformationAboutInventoriesTableTextBlock_019b3310-0320-7492-90cb-b197dffc1b7d_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfDetailedInformationAboutInventoriesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Inventories</link:label>
    <link:label id="lab_fmx_DisclosureOfDetailedInformationAboutInventoriesTableTextBlock_label_en-US" xlink:label="lab_fmx_DisclosureOfDetailedInformationAboutInventoriesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Detailed Information About Inventories [Table Text Block]</link:label>
    <link:label id="lab_fmx_DisclosureOfDetailedInformationAboutInventoriesTableTextBlock_documentation_en-US" xlink:label="lab_fmx_DisclosureOfDetailedInformationAboutInventoriesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of detailed information about inventories.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfDetailedInformationAboutInventoriesTableTextBlock" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfDetailedInformationAboutInventoriesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfDetailedInformationAboutInventoriesTableTextBlock" xlink:to="lab_fmx_DisclosureOfDetailedInformationAboutInventoriesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_MXNUSDMember_019b3310-03bf-7703-addf-6f4928a94186_terseLabel_en-US" xlink:label="lab_fmx_MXNUSDMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">MXN/USD</link:label>
    <link:label id="lab_fmx_MXNUSDMember_label_en-US" xlink:label="lab_fmx_MXNUSDMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">MXN/USD [Member]</link:label>
    <link:label id="lab_fmx_MXNUSDMember_documentation_en-US" xlink:label="lab_fmx_MXNUSDMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information pertaining to currency exchanges between Mexican Peso and US Dollar.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_MXNUSDMember" xlink:href="fmx-20251231.xsd#fmx_MXNUSDMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_MXNUSDMember" xlink:to="lab_fmx_MXNUSDMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AmendmentFlag_019b3310-03bf-7100-814a-2087ff703ef4_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:label id="lab_dei_AmendmentFlag_label_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentFlag"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag" xlink:to="lab_dei_AmendmentFlag" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComponentsOfEquityDomain_019b3310-03bf-783a-a5a0-db17d9f33f61_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Components of equity</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfEquityDomain_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of equity [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfEquityDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComponentsOfEquityDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfEquityDomain" xlink:to="lab_ifrs-full_ComponentsOfEquityDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExpenseOfRestructuringActivities_019b3310-0320-7cb3-b886-4f37518f311e_terseLabel_en-US" xlink:label="lab_ifrs-full_ExpenseOfRestructuringActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Severance payments</link:label>
    <link:label id="lab_ifrs-full_ExpenseOfRestructuringActivities_label_en-US" xlink:label="lab_ifrs-full_ExpenseOfRestructuringActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense of restructuring activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExpenseOfRestructuringActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExpenseOfRestructuringActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExpenseOfRestructuringActivities" xlink:to="lab_ifrs-full_ExpenseOfRestructuringActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_RepaymentsOfNoncurrentBorrowingsSavings_019b3310-019e-7eb3-8c27-e8e04f8838cd_terseLabel_en-US" xlink:label="lab_fmx_RepaymentsOfNoncurrentBorrowingsSavings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Savings amount</link:label>
    <link:label id="lab_fmx_RepaymentsOfNoncurrentBorrowingsSavings_label_en-US" xlink:label="lab_fmx_RepaymentsOfNoncurrentBorrowingsSavings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments Of Noncurrent Borrowings, Savings</link:label>
    <link:label id="lab_fmx_RepaymentsOfNoncurrentBorrowingsSavings_documentation_en-US" xlink:label="lab_fmx_RepaymentsOfNoncurrentBorrowingsSavings" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Repayments Of Noncurrent Borrowings, Savings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_RepaymentsOfNoncurrentBorrowingsSavings" xlink:href="fmx-20251231.xsd#fmx_RepaymentsOfNoncurrentBorrowingsSavings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_RepaymentsOfNoncurrentBorrowingsSavings" xlink:to="lab_fmx_RepaymentsOfNoncurrentBorrowingsSavings" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsPaid_019b3310-0272-75f4-9101-262cad162096_negatedLabel_en-US" xlink:label="lab_ifrs-full_DividendsPaid" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Dividends declared and partially paid</link:label>
    <link:label id="lab_ifrs-full_DividendsPaid_019bebb6-f1e5-73e5-89e4-e3cf639f341e_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DividendsPaid" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Dividends</link:label>
    <link:label id="lab_ifrs-full_DividendsPaid_label_en-US" xlink:label="lab_ifrs-full_DividendsPaid" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends recognised as distributions to owners</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsPaid" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaid"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaid" xlink:to="lab_ifrs-full_DividendsPaid" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems_019b3310-0320-741d-a410-6f958d30cef3_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of operating segments [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of operating segments [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOperatingSegmentsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:to="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory_019b3310-031f-75e6-934b-7b5d176002a0_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-Controlling Interest in Consolidated Subsidiaries</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of non-controlling interests [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfNoncontrollingInterestsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_EmployeeBenefitExpenseTotal_019b3310-019e-79e3-92d2-570b75bdf115_totalLabel_en-US" xlink:label="lab_fmx_EmployeeBenefitExpenseTotal" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Employee benefits expense</link:label>
    <link:label id="lab_fmx_EmployeeBenefitExpenseTotal_label_en-US" xlink:label="lab_fmx_EmployeeBenefitExpenseTotal" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Benefit Expense Total</link:label>
    <link:label id="lab_fmx_EmployeeBenefitExpenseTotal_documentation_en-US" xlink:label="lab_fmx_EmployeeBenefitExpenseTotal" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Employee benefits expenses recognized in the consolidated income statements as cost of goods sold, administrative and selling expenses</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_EmployeeBenefitExpenseTotal" xlink:href="fmx-20251231.xsd#fmx_EmployeeBenefitExpenseTotal"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_EmployeeBenefitExpenseTotal" xlink:to="lab_fmx_EmployeeBenefitExpenseTotal" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory_019b3310-03bf-79e0-a30d-1d57a90f4767_terseLabel_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Post-employment and other short and long-term employee benefits</link:label>
    <link:label id="lab_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Description of accounting policy for employee benefits [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" xlink:to="lab_ifrs-full_DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_CapitalMember_019b3310-0271-705b-bb53-f86fed23168f_terseLabel_en-US" xlink:label="lab_fmx_CapitalMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity</link:label>
    <link:label id="lab_fmx_CapitalMember_label_en-US" xlink:label="lab_fmx_CapitalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital [Member]</link:label>
    <link:label id="lab_fmx_CapitalMember_documentation_en-US" xlink:label="lab_fmx_CapitalMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capital securities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_CapitalMember" xlink:href="fmx-20251231.xsd#fmx_CapitalMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_CapitalMember" xlink:to="lab_fmx_CapitalMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees_019b3310-031f-7382-9f26-d488cdbc9958_totalLabel_en-US" xlink:label="lab_fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Income before income taxes and share in the profit of equity method accounted investees</link:label>
    <link:label id="lab_fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees_019b3310-031f-75d5-a5ac-b0cf309cf3b1_netLabel_en-US" xlink:label="lab_fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Income before income taxes and share of the profit of equity method accounted investees</link:label>
    <link:label id="lab_fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees_label_en-US" xlink:label="lab_fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) Before Income Taxes And Share Of The Profit Of Equity Accounted Investees</link:label>
    <link:label id="lab_fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees_documentation_en-US" xlink:label="lab_fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income (loss) before income taxes and share of the profit of equity accounted investees.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees" xlink:href="fmx-20251231.xsd#fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees" xlink:to="lab_fmx_IncomeLossBeforeIncomeTaxesAndShareOfTheProfitOfEquityAccountedInvestees" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities_019b3310-0271-74a4-a317-0eef6d99af49_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New&#160;leases</link:label>
    <link:label id="lab_ifrs-full_IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase through new leases, liabilities arising from financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities" xlink:to="lab_ifrs-full_IncreaseThroughNewLeasesLiabilitiesArisingFromFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_FixedToFixedInterestRateMember_019b3310-031f-77ce-aa53-8e01b7737ccb_terseLabel_en-US" xlink:label="lab_fmx_FixedToFixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fixed to fixed interest rate</link:label>
    <link:label id="lab_fmx_FixedToFixedInterestRateMember_label_en-US" xlink:label="lab_fmx_FixedToFixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fixed To Fixed Interest Rate [Member]</link:label>
    <link:label id="lab_fmx_FixedToFixedInterestRateMember_documentation_en-US" xlink:label="lab_fmx_FixedToFixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fixed to fixed interest rate.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_FixedToFixedInterestRateMember" xlink:href="fmx-20251231.xsd#fmx_FixedToFixedInterestRateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_FixedToFixedInterestRateMember" xlink:to="lab_fmx_FixedToFixedInterestRateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ServicesReceivedRelatedPartyTransactions_019b3310-031f-70ed-9f0a-275fcb5309a2_terseLabel_en-US" xlink:label="lab_ifrs-full_ServicesReceivedRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Services received, related party transaction</link:label>
    <link:label id="lab_ifrs-full_ServicesReceivedRelatedPartyTransactions_label_en-US" xlink:label="lab_ifrs-full_ServicesReceivedRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Services received, related party transactions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ServicesReceivedRelatedPartyTransactions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ServicesReceivedRelatedPartyTransactions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ServicesReceivedRelatedPartyTransactions" xlink:to="lab_ifrs-full_ServicesReceivedRelatedPartyTransactions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis_019b3310-0272-72f5-8619-78bc683299fe_terseLabel_en-US" xlink:label="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Temporary difference, unused tax losses and unused tax credits [axis]</link:label>
    <link:label id="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis_label_en-US" xlink:label="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Temporary difference, unused tax losses and unused tax credits [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xlink:to="lab_ifrs-full_TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProvisionUsedOtherProvisions_019b3310-019e-7fc0-8705-90538af565a9_negatedLabel_en-US" xlink:label="lab_ifrs-full_ProvisionUsedOtherProvisions" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Payments</link:label>
    <link:label id="lab_ifrs-full_ProvisionUsedOtherProvisions_label_en-US" xlink:label="lab_ifrs-full_ProvisionUsedOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provision used, other provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProvisionUsedOtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProvisionUsedOtherProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProvisionUsedOtherProvisions" xlink:to="lab_ifrs-full_ProvisionUsedOtherProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_EffectiveIncomeTaxRateDiscontinuedOperations_019b3310-031f-7852-9b83-94e691d3522b_terseLabel_en-US" xlink:label="lab_fmx_EffectiveIncomeTaxRateDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effective income tax rate from discontinued operations</link:label>
    <link:label id="lab_fmx_EffectiveIncomeTaxRateDiscontinuedOperations_label_en-US" xlink:label="lab_fmx_EffectiveIncomeTaxRateDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective income tax rate, discontinued operations</link:label>
    <link:label id="lab_fmx_EffectiveIncomeTaxRateDiscontinuedOperations_documentation_en-US" xlink:label="lab_fmx_EffectiveIncomeTaxRateDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effective income tax rate, discontinued operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_EffectiveIncomeTaxRateDiscontinuedOperations" xlink:href="fmx-20251231.xsd#fmx_EffectiveIncomeTaxRateDiscontinuedOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_EffectiveIncomeTaxRateDiscontinuedOperations" xlink:to="lab_fmx_EffectiveIncomeTaxRateDiscontinuedOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_KeyManagementPersonnelCompensationTerminationBenefits_019b3310-019e-7e06-b5ac-057cd54cbc21_terseLabel_en-US" xlink:label="lab_ifrs-full_KeyManagementPersonnelCompensationTerminationBenefits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Termination benefits</link:label>
    <link:label id="lab_ifrs-full_KeyManagementPersonnelCompensationTerminationBenefits_label_en-US" xlink:label="lab_ifrs-full_KeyManagementPersonnelCompensationTerminationBenefits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Key management personnel compensation, termination benefits</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_KeyManagementPersonnelCompensationTerminationBenefits" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_KeyManagementPersonnelCompensationTerminationBenefits"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_KeyManagementPersonnelCompensationTerminationBenefits" xlink:to="lab_ifrs-full_KeyManagementPersonnelCompensationTerminationBenefits" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodNetOfInvestmentShareIssueCosts_019b3310-03bf-7d0c-98fb-fa0b190cd572_terseLabel_en-US" xlink:label="lab_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodNetOfInvestmentShareIssueCosts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross profit</link:label>
    <link:label id="lab_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodNetOfInvestmentShareIssueCosts_label_en-US" xlink:label="lab_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodNetOfInvestmentShareIssueCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds From Sales Of Investments Accounted For Using Equity Method, Net Of Investment Share Issue Costs</link:label>
    <link:label id="lab_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodNetOfInvestmentShareIssueCosts_documentation_en-US" xlink:label="lab_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodNetOfInvestmentShareIssueCosts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds From Sales Of Investments Accounted For Using Equity Method, Net Of Investment Share Issue Costs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodNetOfInvestmentShareIssueCosts" xlink:href="fmx-20251231.xsd#fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodNetOfInvestmentShareIssueCosts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodNetOfInvestmentShareIssueCosts" xlink:to="lab_fmx_ProceedsFromSalesOfInvestmentsAccountedForUsingEquityMethodNetOfInvestmentShareIssueCosts" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RangeDomain_019b3310-0272-7946-af90-1957db6ef008_terseLabel_en-US" xlink:label="lab_ifrs-full_RangeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [domain]</link:label>
    <link:label id="lab_ifrs-full_RangeDomain_label_en-US" xlink:label="lab_ifrs-full_RangeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RangeDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RangeDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RangeDomain" xlink:to="lab_ifrs-full_RangeDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_InsuranceRecoveryOperatingActivities_019b3310-0272-7744-bb4c-b29eb721bf48_terseLabel_en-US" xlink:label="lab_fmx_InsuranceRecoveryOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Insurance recovery, operating activities</link:label>
    <link:label id="lab_fmx_InsuranceRecoveryOperatingActivities_label_en-US" xlink:label="lab_fmx_InsuranceRecoveryOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Insurance Recovery, Operating Activities</link:label>
    <link:label id="lab_fmx_InsuranceRecoveryOperatingActivities_documentation_en-US" xlink:label="lab_fmx_InsuranceRecoveryOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Insurance Recovery, Operating Activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_InsuranceRecoveryOperatingActivities" xlink:href="fmx-20251231.xsd#fmx_InsuranceRecoveryOperatingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_InsuranceRecoveryOperatingActivities" xlink:to="lab_fmx_InsuranceRecoveryOperatingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PostEmploymentBenefitOneTimePaymentNumberOfDaysWages_019b3310-03bf-71d3-84db-7e3990778cc8_terseLabel_en-US" xlink:label="lab_fmx_PostEmploymentBenefitOneTimePaymentNumberOfDaysWages" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Benefit payment, number of days wages</link:label>
    <link:label id="lab_fmx_PostEmploymentBenefitOneTimePaymentNumberOfDaysWages_label_en-US" xlink:label="lab_fmx_PostEmploymentBenefitOneTimePaymentNumberOfDaysWages" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Post Employment Benefit, One-Time Payment, Number Of Days Wages</link:label>
    <link:label id="lab_fmx_PostEmploymentBenefitOneTimePaymentNumberOfDaysWages_documentation_en-US" xlink:label="lab_fmx_PostEmploymentBenefitOneTimePaymentNumberOfDaysWages" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The number of days wages per year of service that are paid out in the one-time payment of post retirement benefits.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PostEmploymentBenefitOneTimePaymentNumberOfDaysWages" xlink:href="fmx-20251231.xsd#fmx_PostEmploymentBenefitOneTimePaymentNumberOfDaysWages"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PostEmploymentBenefitOneTimePaymentNumberOfDaysWages" xlink:to="lab_fmx_PostEmploymentBenefitOneTimePaymentNumberOfDaysWages" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SegmentsAbstract_label_en-US" xlink:label="lab_fmx_SegmentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segments [Abstract]</link:label>
    <link:label id="lab_fmx_SegmentsAbstract_documentation_en-US" xlink:label="lab_fmx_SegmentsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Segments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SegmentsAbstract" xlink:href="fmx-20251231.xsd#fmx_SegmentsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SegmentsAbstract" xlink:to="lab_fmx_SegmentsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AmericanDepositarySharesMember_019d9124-eb91-794b-85fc-b6f6f4d85e21_terseLabel_en-US" xlink:label="lab_fmx_AmericanDepositarySharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">American Depositary Shares</link:label>
    <link:label id="lab_fmx_AmericanDepositarySharesMember_label_en-US" xlink:label="lab_fmx_AmericanDepositarySharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">American Depositary Shares [Member]</link:label>
    <link:label id="lab_fmx_AmericanDepositarySharesMember_documentation_en-US" xlink:label="lab_fmx_AmericanDepositarySharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">American Depositary Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AmericanDepositarySharesMember" xlink:href="fmx-20251231.xsd#fmx_AmericanDepositarySharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AmericanDepositarySharesMember" xlink:to="lab_fmx_AmericanDepositarySharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LongTermBankLoansMember_019b3310-0320-73a0-8dfb-366ee2c1a49b_terseLabel_en-US" xlink:label="lab_fmx_LongTermBankLoansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long term Bank loans</link:label>
    <link:label id="lab_fmx_LongTermBankLoansMember_label_en-US" xlink:label="lab_fmx_LongTermBankLoansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long Term Bank Loans [Member]</link:label>
    <link:label id="lab_fmx_LongTermBankLoansMember_documentation_en-US" xlink:label="lab_fmx_LongTermBankLoansMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Long term borrowings bank loans.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LongTermBankLoansMember" xlink:href="fmx-20251231.xsd#fmx_LongTermBankLoansMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LongTermBankLoansMember" xlink:to="lab_fmx_LongTermBankLoansMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables_019b3310-0320-7f7c-9417-f6eac0a299a9_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade accounts payable and other accounts</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for increase (decrease) in trade and other payables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xlink:to="lab_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevenueFromInterest_019b3310-031f-72ca-8272-2f86cc4d0851_terseLabel_en-US" xlink:label="lab_ifrs-full_RevenueFromInterest" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest income</link:label>
    <link:label id="lab_ifrs-full_RevenueFromInterest_019b3310-031f-771c-a359-8d01e680e85e_totalLabel_en-US" xlink:label="lab_ifrs-full_RevenueFromInterest" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Interest income</link:label>
    <link:label id="lab_ifrs-full_RevenueFromInterest_label_en-US" xlink:label="lab_ifrs-full_RevenueFromInterest" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueFromInterest" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueFromInterest"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueFromInterest" xlink:to="lab_ifrs-full_RevenueFromInterest" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_HeinekenGroupMember_019b3310-0272-7a2d-ada5-c96524d73307_terseLabel_en-US" xlink:label="lab_fmx_HeinekenGroupMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Heineken Group</link:label>
    <link:label id="lab_fmx_HeinekenGroupMember_label_en-US" xlink:label="lab_fmx_HeinekenGroupMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Heineken Group [Member]</link:label>
    <link:label id="lab_fmx_HeinekenGroupMember_documentation_en-US" xlink:label="lab_fmx_HeinekenGroupMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Heineken group.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_HeinekenGroupMember" xlink:href="fmx-20251231.xsd#fmx_HeinekenGroupMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_HeinekenGroupMember" xlink:to="lab_fmx_HeinekenGroupMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_A2025EffectsMember_019c9eb0-a3e0-72cc-b5b4-9ce852ee9a83_terseLabel_en-US" xlink:label="lab_fmx_A2025EffectsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2025 Effects</link:label>
    <link:label id="lab_fmx_A2025EffectsMember_label_en-US" xlink:label="lab_fmx_A2025EffectsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">2025 Effects [Member]</link:label>
    <link:label id="lab_fmx_A2025EffectsMember_documentation_en-US" xlink:label="lab_fmx_A2025EffectsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">2025 Effects</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_A2025EffectsMember" xlink:href="fmx-20251231.xsd#fmx_A2025EffectsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_A2025EffectsMember" xlink:to="lab_fmx_A2025EffectsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory_019b3310-031f-7a4d-b9bd-587f42391982_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Disclosure of Aggregate Carrying Amounts of Goodwill and Distribution Rights Allocated to Each CGU</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of information for cash-generating units [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfInformationForIndividualAssetOrCashgeneratingUnitWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfAllocationOfAmortizationExpensesAbstract_019b3310-0271-7d9e-98ae-3609ab9bb4ab_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfAllocationOfAmortizationExpensesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Allocation Of Amortisation Expenses [abstract]</link:label>
    <link:label id="lab_fmx_DisclosureOfAllocationOfAmortizationExpensesAbstract_label_en-US" xlink:label="lab_fmx_DisclosureOfAllocationOfAmortizationExpensesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Allocation Of Amortization Expenses [Abstract]</link:label>
    <link:label id="lab_fmx_DisclosureOfAllocationOfAmortizationExpensesAbstract_documentation_en-US" xlink:label="lab_fmx_DisclosureOfAllocationOfAmortizationExpensesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Abstract of allocation of amortisation expenses.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfAllocationOfAmortizationExpensesAbstract" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfAllocationOfAmortizationExpensesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfAllocationOfAmortizationExpensesAbstract" xlink:to="lab_fmx_DisclosureOfAllocationOfAmortizationExpensesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_MinimumPercentageOfCapitalStockAtNominalValueToBeTransferredToReserve_019caf7a-18f7-7525-8583-b39c627b1b62_terseLabel_en-US" xlink:label="lab_fmx_MinimumPercentageOfCapitalStockAtNominalValueToBeTransferredToReserve" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock at nominal value</link:label>
    <link:label id="lab_fmx_MinimumPercentageOfCapitalStockAtNominalValueToBeTransferredToReserve_label_en-US" xlink:label="lab_fmx_MinimumPercentageOfCapitalStockAtNominalValueToBeTransferredToReserve" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum Percentage Of Capital Stock At Nominal Value To Be Transferred To Reserve</link:label>
    <link:label id="lab_fmx_MinimumPercentageOfCapitalStockAtNominalValueToBeTransferredToReserve_documentation_en-US" xlink:label="lab_fmx_MinimumPercentageOfCapitalStockAtNominalValueToBeTransferredToReserve" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Minimum Percentage Of Capital Stock At Nominal Value To Be Transferred To Reserve</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_MinimumPercentageOfCapitalStockAtNominalValueToBeTransferredToReserve" xlink:href="fmx-20251231.xsd#fmx_MinimumPercentageOfCapitalStockAtNominalValueToBeTransferredToReserve"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_MinimumPercentageOfCapitalStockAtNominalValueToBeTransferredToReserve" xlink:to="lab_fmx_MinimumPercentageOfCapitalStockAtNominalValueToBeTransferredToReserve" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_BorrowingsTerm_019b3310-0271-7157-864f-4acf3c5a763e_terseLabel_en-US" xlink:label="lab_fmx_BorrowingsTerm" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings term</link:label>
    <link:label id="lab_fmx_BorrowingsTerm_label_en-US" xlink:label="lab_fmx_BorrowingsTerm" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings Term</link:label>
    <link:label id="lab_fmx_BorrowingsTerm_documentation_en-US" xlink:label="lab_fmx_BorrowingsTerm" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The period of time for which the borrowings are in effect.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_BorrowingsTerm" xlink:href="fmx-20251231.xsd#fmx_BorrowingsTerm"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_BorrowingsTerm" xlink:to="lab_fmx_BorrowingsTerm" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AmountsPayableRelatedPartyTransactions_019b3310-0272-7206-bd4a-d9bab655db39_terseLabel_en-US" xlink:label="lab_ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Account payables with related party transactions</link:label>
    <link:label id="lab_ifrs-full_AmountsPayableRelatedPartyTransactions_label_en-US" xlink:label="lab_ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amounts payable, related party transactions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AmountsPayableRelatedPartyTransactions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:to="lab_ifrs-full_AmountsPayableRelatedPartyTransactions" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_PromotoraIndustrialAzucareraSADeCVMember_019b3310-03bf-7d9a-b77c-cc7ad7c5db47_terseLabel_en-US" xlink:label="lab_fmx_PromotoraIndustrialAzucareraSADeCVMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Promotora Industrial Azucarera, S.A. de C.V.</link:label>
    <link:label id="lab_fmx_PromotoraIndustrialAzucareraSADeCVMember_label_en-US" xlink:label="lab_fmx_PromotoraIndustrialAzucareraSADeCVMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Promotora Industrial Azucarera, S.A. de C.V. [Member]</link:label>
    <link:label id="lab_fmx_PromotoraIndustrialAzucareraSADeCVMember_documentation_en-US" xlink:label="lab_fmx_PromotoraIndustrialAzucareraSADeCVMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Promotora Industrial Azucarera, S.A. de C.V.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_PromotoraIndustrialAzucareraSADeCVMember" xlink:href="fmx-20251231.xsd#fmx_PromotoraIndustrialAzucareraSADeCVMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_PromotoraIndustrialAzucareraSADeCVMember" xlink:to="lab_fmx_PromotoraIndustrialAzucareraSADeCVMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ExpensesFromRelatedPartyAbstract_019b3310-019e-7537-97af-5c75456f02af_terseLabel_en-US" xlink:label="lab_fmx_ExpensesFromRelatedPartyAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expenses:</link:label>
    <link:label id="lab_fmx_ExpensesFromRelatedPartyAbstract_label_en-US" xlink:label="lab_fmx_ExpensesFromRelatedPartyAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expenses from related party [abstract]</link:label>
    <link:label id="lab_fmx_ExpensesFromRelatedPartyAbstract_documentation_en-US" xlink:label="lab_fmx_ExpensesFromRelatedPartyAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Expenses from related party [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ExpensesFromRelatedPartyAbstract" xlink:href="fmx-20251231.xsd#fmx_ExpensesFromRelatedPartyAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ExpensesFromRelatedPartyAbstract" xlink:to="lab_fmx_ExpensesFromRelatedPartyAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_WriteOffOfIntangibleAsset_019cff77-b8a4-7ee3-a622-2483547d2b91_terseLabel_en-US" xlink:label="lab_fmx_WriteOffOfIntangibleAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Write off of intangible asset</link:label>
    <link:label id="lab_fmx_WriteOffOfIntangibleAsset_label_en-US" xlink:label="lab_fmx_WriteOffOfIntangibleAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Write off Of Intangible Asset</link:label>
    <link:label id="lab_fmx_WriteOffOfIntangibleAsset_documentation_en-US" xlink:label="lab_fmx_WriteOffOfIntangibleAsset" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Write off Of Intangible Asset</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_WriteOffOfIntangibleAsset" xlink:href="fmx-20251231.xsd#fmx_WriteOffOfIntangibleAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_WriteOffOfIntangibleAsset" xlink:to="lab_fmx_WriteOffOfIntangibleAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SeniorNotesMaturing2030Member_019b3310-03bf-7573-9dc1-3182cf69c9cc_terseLabel_en-US" xlink:label="lab_fmx_SeniorNotesMaturing2030Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Notes Maturing 2030</link:label>
    <link:label id="lab_fmx_SeniorNotesMaturing2030Member_label_en-US" xlink:label="lab_fmx_SeniorNotesMaturing2030Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Notes Maturing 2030 [Member]</link:label>
    <link:label id="lab_fmx_SeniorNotesMaturing2030Member_documentation_en-US" xlink:label="lab_fmx_SeniorNotesMaturing2030Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Notes Maturing 2030</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SeniorNotesMaturing2030Member" xlink:href="fmx-20251231.xsd#fmx_SeniorNotesMaturing2030Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SeniorNotesMaturing2030Member" xlink:to="lab_fmx_SeniorNotesMaturing2030Member" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_AccountsPayable_019b3310-03bf-7e79-a81c-799d7b79b595_terseLabel_en-US" xlink:label="lab_fmx_AccountsPayable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable</link:label>
    <link:label id="lab_fmx_AccountsPayable_019b3310-03bf-7b78-bcaf-09e0c01dcdfe_totalLabel_en-US" xlink:label="lab_fmx_AccountsPayable" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Accounts payable</link:label>
    <link:label id="lab_fmx_AccountsPayable_label_en-US" xlink:label="lab_fmx_AccountsPayable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Payable</link:label>
    <link:label id="lab_fmx_AccountsPayable_documentation_en-US" xlink:label="lab_fmx_AccountsPayable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accounts payable.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_AccountsPayable" xlink:href="fmx-20251231.xsd#fmx_AccountsPayable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_AccountsPayable" xlink:to="lab_fmx_AccountsPayable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DelekMember_019b3310-0272-7b56-bb1f-d1c303cec118_terseLabel_en-US" xlink:label="lab_fmx_DelekMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Delek</link:label>
    <link:label id="lab_fmx_DelekMember_label_en-US" xlink:label="lab_fmx_DelekMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Delek [Member]</link:label>
    <link:label id="lab_fmx_DelekMember_documentation_en-US" xlink:label="lab_fmx_DelekMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Delek</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DelekMember" xlink:href="fmx-20251231.xsd#fmx_DelekMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DelekMember" xlink:to="lab_fmx_DelekMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NetBenefitCostRecognizedInFinancialStatementsAxis_019b3310-03bf-7fe9-b34d-5ffbb2fd775e_terseLabel_en-US" xlink:label="lab_fmx_NetBenefitCostRecognizedInFinancialStatementsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Benefit Cost Recognized in Financial Statements [Axis]</link:label>
    <link:label id="lab_fmx_NetBenefitCostRecognizedInFinancialStatementsAxis_label_en-US" xlink:label="lab_fmx_NetBenefitCostRecognizedInFinancialStatementsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Benefit Cost Recognized in Financial Statements [Axis]</link:label>
    <link:label id="lab_fmx_NetBenefitCostRecognizedInFinancialStatementsAxis_documentation_en-US" xlink:label="lab_fmx_NetBenefitCostRecognizedInFinancialStatementsAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The axis of a table defines the relationship between the domain members or categories in the table and the line items or concepts that complete the table.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NetBenefitCostRecognizedInFinancialStatementsAxis" xlink:href="fmx-20251231.xsd#fmx_NetBenefitCostRecognizedInFinancialStatementsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NetBenefitCostRecognizedInFinancialStatementsAxis" xlink:to="lab_fmx_NetBenefitCostRecognizedInFinancialStatementsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NetOperatingLossUsageLimit_019b3310-0447-7c8e-a785-e26d3ea63122_terseLabel_en-US" xlink:label="lab_fmx_NetOperatingLossUsageLimit" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">NOLs usage limit</link:label>
    <link:label id="lab_fmx_NetOperatingLossUsageLimit_label_en-US" xlink:label="lab_fmx_NetOperatingLossUsageLimit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net operating loss usage limit</link:label>
    <link:label id="lab_fmx_NetOperatingLossUsageLimit_documentation_en-US" xlink:label="lab_fmx_NetOperatingLossUsageLimit" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net operating loss usage limit.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NetOperatingLossUsageLimit" xlink:href="fmx-20251231.xsd#fmx_NetOperatingLossUsageLimit"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NetOperatingLossUsageLimit" xlink:to="lab_fmx_NetOperatingLossUsageLimit" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_IndefiniteLivedIntangibleAssetsMember_019b3310-0320-7a41-b877-323153e699ee_terseLabel_en-US" xlink:label="lab_fmx_IndefiniteLivedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Indefinite lived intangible assets</link:label>
    <link:label id="lab_fmx_IndefiniteLivedIntangibleAssetsMember_label_en-US" xlink:label="lab_fmx_IndefiniteLivedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indefinite lived intangible assets [Member]</link:label>
    <link:label id="lab_fmx_IndefiniteLivedIntangibleAssetsMember_documentation_en-US" xlink:label="lab_fmx_IndefiniteLivedIntangibleAssetsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Indefinite lived intangible assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_IndefiniteLivedIntangibleAssetsMember" xlink:href="fmx-20251231.xsd#fmx_IndefiniteLivedIntangibleAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_IndefiniteLivedIntangibleAssetsMember" xlink:to="lab_fmx_IndefiniteLivedIntangibleAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_FederalTaxesMember_019b3310-0272-72bd-952f-231156bce183_terseLabel_en-US" xlink:label="lab_fmx_FederalTaxesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal taxes</link:label>
    <link:label id="lab_fmx_FederalTaxesMember_label_en-US" xlink:label="lab_fmx_FederalTaxesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Taxes [Member]</link:label>
    <link:label id="lab_fmx_FederalTaxesMember_documentation_en-US" xlink:label="lab_fmx_FederalTaxesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Federal taxes.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_FederalTaxesMember" xlink:href="fmx-20251231.xsd#fmx_FederalTaxesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_FederalTaxesMember" xlink:to="lab_fmx_FederalTaxesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanTenYearsMember_019b3310-0271-78dc-bfa4-2a4ea922b098_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">More than ten&#160;years</link:label>
    <link:label id="lab_ifrs-full_LaterThanTenYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than ten years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanTenYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanTenYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanTenYearsMember" xlink:to="lab_ifrs-full_LaterThanTenYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_TheCocaColaCompanyMember_019b3310-019e-710d-badf-8214bcc127a6_terseLabel_en-US" xlink:label="lab_fmx_TheCocaColaCompanyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">The Coca-Cola company</link:label>
    <link:label id="lab_fmx_TheCocaColaCompanyMember_label_en-US" xlink:label="lab_fmx_TheCocaColaCompanyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">The Coca-Cola Company [Member]</link:label>
    <link:label id="lab_fmx_TheCocaColaCompanyMember_documentation_en-US" xlink:label="lab_fmx_TheCocaColaCompanyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Coca-Cola Company.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_TheCocaColaCompanyMember" xlink:href="fmx-20251231.xsd#fmx_TheCocaColaCompanyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_TheCocaColaCompanyMember" xlink:to="lab_fmx_TheCocaColaCompanyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdditionalProvisionsOtherProvisions_019b3310-03bf-733a-a420-7a909da6c7db_terseLabel_en-US" xlink:label="lab_ifrs-full_AdditionalProvisionsOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New provision for contingencies</link:label>
    <link:label id="lab_ifrs-full_AdditionalProvisionsOtherProvisions_label_en-US" xlink:label="lab_ifrs-full_AdditionalProvisionsOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional provisions, other provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdditionalProvisionsOtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionalProvisionsOtherProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdditionalProvisionsOtherProvisions" xlink:to="lab_ifrs-full_AdditionalProvisionsOtherProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentTaxAssetsNoncurrent_019b3310-03be-7e88-9ba7-b8354659e6ae_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentTaxAssetsNoncurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Recoverable taxes</link:label>
    <link:label id="lab_ifrs-full_CurrentTaxAssetsNoncurrent_label_en-US" xlink:label="lab_ifrs-full_CurrentTaxAssetsNoncurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current tax assets, non-current</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentTaxAssetsNoncurrent" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentTaxAssetsNoncurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTaxAssetsNoncurrent" xlink:to="lab_ifrs-full_CurrentTaxAssetsNoncurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AddressTypeDomain_019b3310-0272-71ef-b65a-1219596861f0_terseLabel_en-US" xlink:label="lab_dei_AddressTypeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Address Type [Domain]</link:label>
    <link:label id="lab_dei_AddressTypeDomain_label_en-US" xlink:label="lab_dei_AddressTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Address Type [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AddressTypeDomain" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AddressTypeDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AddressTypeDomain" xlink:to="lab_dei_AddressTypeDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NotionalAmount_019b3310-03be-77d7-8765-40a616cd00e3_terseLabel_en-US" xlink:label="lab_ifrs-full_NotionalAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notional Amount</link:label>
    <link:label id="lab_ifrs-full_NotionalAmount_019beb60-9bbb-7d85-a6d8-0ccc3af5b938_verboseLabel_en-US" xlink:label="lab_ifrs-full_NotionalAmount" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Notional amount</link:label>
    <link:label id="lab_ifrs-full_NotionalAmount_019cafb5-896d-73a6-b7a0-749ded8e4da8_netLabel_en-US" xlink:label="lab_ifrs-full_NotionalAmount" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Market for a total</link:label>
    <link:label id="lab_ifrs-full_NotionalAmount_label_en-US" xlink:label="lab_ifrs-full_NotionalAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notional amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NotionalAmount" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NotionalAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NotionalAmount" xlink:to="lab_ifrs-full_NotionalAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_SugarPriceContractsMember_019b3310-0320-7c3c-b0b8-1e09c4526783_terseLabel_en-US" xlink:label="lab_fmx_SugarPriceContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sugar Price Contracts</link:label>
    <link:label id="lab_fmx_SugarPriceContractsMember_label_en-US" xlink:label="lab_fmx_SugarPriceContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sugar Price Contracts [Member]</link:label>
    <link:label id="lab_fmx_SugarPriceContractsMember_documentation_en-US" xlink:label="lab_fmx_SugarPriceContractsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sugar price contracts.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_SugarPriceContractsMember" xlink:href="fmx-20251231.xsd#fmx_SugarPriceContractsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_SugarPriceContractsMember" xlink:to="lab_fmx_SugarPriceContractsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReserveOfCashFlowHedgesMember_019b3310-0272-75a6-84c0-76a17e472144_terseLabel_en-US" xlink:label="lab_ifrs-full_ReserveOfCashFlowHedgesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reserve of cash flow hedges</link:label>
    <link:label id="lab_ifrs-full_ReserveOfCashFlowHedgesMember_label_en-US" xlink:label="lab_ifrs-full_ReserveOfCashFlowHedgesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserve of cash flow hedges [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReserveOfCashFlowHedgesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReserveOfCashFlowHedgesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReserveOfCashFlowHedgesMember" xlink:to="lab_ifrs-full_ReserveOfCashFlowHedgesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ProfitLossBeforeTaxDiscontinuedOperations_019b3310-0271-7445-97d6-a3b61883348e_terseLabel_en-US" xlink:label="lab_fmx_ProfitLossBeforeTaxDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income from discontinuing operations</link:label>
    <link:label id="lab_fmx_ProfitLossBeforeTaxDiscontinuedOperations_label_en-US" xlink:label="lab_fmx_ProfitLossBeforeTaxDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit Loss Before Tax Discontinued Operations</link:label>
    <link:label id="lab_fmx_ProfitLossBeforeTaxDiscontinuedOperations_documentation_en-US" xlink:label="lab_fmx_ProfitLossBeforeTaxDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Profit Loss Before Tax Discontinued Operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ProfitLossBeforeTaxDiscontinuedOperations" xlink:href="fmx-20251231.xsd#fmx_ProfitLossBeforeTaxDiscontinuedOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ProfitLossBeforeTaxDiscontinuedOperations" xlink:to="lab_fmx_ProfitLossBeforeTaxDiscontinuedOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_LogisticsAndDistributionMember_019b3310-0271-79e9-a06c-c7b1ef714e1e_terseLabel_en-US" xlink:label="lab_fmx_LogisticsAndDistributionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Logistics and Distribution</link:label>
    <link:label id="lab_fmx_LogisticsAndDistributionMember_label_en-US" xlink:label="lab_fmx_LogisticsAndDistributionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Logistics And Distribution [Member]</link:label>
    <link:label id="lab_fmx_LogisticsAndDistributionMember_documentation_en-US" xlink:label="lab_fmx_LogisticsAndDistributionMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Logistics and distribution division.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_LogisticsAndDistributionMember" xlink:href="fmx-20251231.xsd#fmx_LogisticsAndDistributionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_LogisticsAndDistributionMember" xlink:to="lab_fmx_LogisticsAndDistributionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentLeaseLiabilities_019b3310-019e-7863-868c-569795fd1827_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease liabilities</link:label>
    <link:label id="lab_ifrs-full_CurrentLeaseLiabilities_019b3310-019e-73e1-874b-131302aa0561_verboseLabel_en-US" xlink:label="lab_ifrs-full_CurrentLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Current</link:label>
    <link:label id="lab_ifrs-full_CurrentLeaseLiabilities_label_en-US" xlink:label="lab_ifrs-full_CurrentLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentLeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentLeaseLiabilities" xlink:to="lab_ifrs-full_CurrentLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions_019b3310-0271-77ce-ba3b-4b3efbbf4bc8_terseLabel_en-US" xlink:label="lab_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase of goods from related party transaction</link:label>
    <link:label id="lab_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions_label_en-US" xlink:label="lab_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchases of goods, related party transactions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchasesOfGoodsRelatedPartyTransactions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:to="lab_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory_019b3310-031f-78b1-8e82-7113c59193bb_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Method Accounted Investees</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of investments accounted for using equity method [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:to="lab_ifrs-full_DisclosureOfInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DebtWithFormerShareholders_019b3310-0271-7133-86a3-041889309d88_terseLabel_en-US" xlink:label="lab_fmx_DebtWithFormerShareholders" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt with former shareholders</link:label>
    <link:label id="lab_fmx_DebtWithFormerShareholders_label_en-US" xlink:label="lab_fmx_DebtWithFormerShareholders" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt With Former Shareholders</link:label>
    <link:label id="lab_fmx_DebtWithFormerShareholders_documentation_en-US" xlink:label="lab_fmx_DebtWithFormerShareholders" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt With Former Shareholders</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DebtWithFormerShareholders" xlink:href="fmx-20251231.xsd#fmx_DebtWithFormerShareholders"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DebtWithFormerShareholders" xlink:to="lab_fmx_DebtWithFormerShareholders" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsExplanatory_019b3310-03bf-7fa5-b508-c5d00e4cf09f_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Disclosure of Financial Liabilities That Are Part of Supplier Finance Arrangements</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial liabilities that are part of supplier finance arrangements [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_CurrencyAxis_019b3310-0320-73da-9a17-3ab57cc56386_terseLabel_en-US" xlink:label="lab_srt_CurrencyAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Currency [Axis]</link:label>
    <link:label id="lab_srt_CurrencyAxis_label_en-US" xlink:label="lab_srt_CurrencyAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Currency [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_CurrencyAxis" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_CurrencyAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_CurrencyAxis" xlink:to="lab_srt_CurrencyAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MaturityDomain_019b3310-0271-722f-9f18-909715c7cfc0_terseLabel_en-US" xlink:label="lab_ifrs-full_MaturityDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maturity [domain]</link:label>
    <link:label id="lab_ifrs-full_MaturityDomain_label_en-US" xlink:label="lab_ifrs-full_MaturityDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maturity [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MaturityDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MaturityDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MaturityDomain" xlink:to="lab_ifrs-full_MaturityDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_019b3310-031f-7698-88a4-7270405ac675_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Significant Investments in Subsidiaries</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of subsidiaries [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable_019b3310-0320-7e8e-8205-64a55454dd9b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:to="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ARSUSDMember_019b3310-019e-7712-8b91-b04204216210_terseLabel_en-US" xlink:label="lab_fmx_ARSUSDMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ARS/USD</link:label>
    <link:label id="lab_fmx_ARSUSDMember_label_en-US" xlink:label="lab_fmx_ARSUSDMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">ARS/USD [Member]</link:label>
    <link:label id="lab_fmx_ARSUSDMember_documentation_en-US" xlink:label="lab_fmx_ARSUSDMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information pertaining to currency exchanges between Argentine Peso and US Dollar.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ARSUSDMember" xlink:href="fmx-20251231.xsd#fmx_ARSUSDMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ARSUSDMember" xlink:to="lab_fmx_ARSUSDMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_YearNineMember_019b3310-0320-76af-bd2e-4c0e2b1e364d_terseLabel_en-US" xlink:label="lab_fmx_YearNineMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2033</link:label>
    <link:label id="lab_fmx_YearNineMember_label_en-US" xlink:label="lab_fmx_YearNineMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Year Nine [Member]</link:label>
    <link:label id="lab_fmx_YearNineMember_documentation_en-US" xlink:label="lab_fmx_YearNineMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Year Nine</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_YearNineMember" xlink:href="fmx-20251231.xsd#fmx_YearNineMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_YearNineMember" xlink:to="lab_fmx_YearNineMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_InsuranceRecoveryAccountsReceivable_019b3310-0272-70f7-8fc6-2ec5b73ca1bc_terseLabel_en-US" xlink:label="lab_fmx_InsuranceRecoveryAccountsReceivable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Insurance recovery, accounts receivable</link:label>
    <link:label id="lab_fmx_InsuranceRecoveryAccountsReceivable_label_en-US" xlink:label="lab_fmx_InsuranceRecoveryAccountsReceivable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Insurance Recovery, Accounts Receivable</link:label>
    <link:label id="lab_fmx_InsuranceRecoveryAccountsReceivable_documentation_en-US" xlink:label="lab_fmx_InsuranceRecoveryAccountsReceivable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Insurance Recovery, Accounts Receivable</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_InsuranceRecoveryAccountsReceivable" xlink:href="fmx-20251231.xsd#fmx_InsuranceRecoveryAccountsReceivable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_InsuranceRecoveryAccountsReceivable" xlink:to="lab_fmx_InsuranceRecoveryAccountsReceivable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AverageEffectiveTaxRate_019b3310-0272-7a9e-a956-5d9abfa7286f_totalLabel_en-US" xlink:label="lab_ifrs-full_AverageEffectiveTaxRate" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Consolidated Effective income tax rate</link:label>
    <link:label id="lab_ifrs-full_AverageEffectiveTaxRate_label_en-US" xlink:label="lab_ifrs-full_AverageEffectiveTaxRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Average effective tax rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AverageEffectiveTaxRate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AverageEffectiveTaxRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AverageEffectiveTaxRate" xlink:to="lab_ifrs-full_AverageEffectiveTaxRate" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_ConstructionInProgressNettingMember_019b3310-03be-78bf-8dc8-f69d47dc307a_terseLabel_en-US" xlink:label="lab_fmx_ConstructionInProgressNettingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Construction In Progress, Netting</link:label>
    <link:label id="lab_fmx_ConstructionInProgressNettingMember_label_en-US" xlink:label="lab_fmx_ConstructionInProgressNettingMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Construction In Progress, Netting [Member]</link:label>
    <link:label id="lab_fmx_ConstructionInProgressNettingMember_documentation_en-US" xlink:label="lab_fmx_ConstructionInProgressNettingMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Construction In Progress, Netting</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_ConstructionInProgressNettingMember" xlink:href="fmx-20251231.xsd#fmx_ConstructionInProgressNettingMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_ConstructionInProgressNettingMember" xlink:to="lab_fmx_ConstructionInProgressNettingMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable_019b3310-0272-782a-a208-5e2e82074f31_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of liabilities arising from financing activities [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of liabilities arising from financing activities [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsLineItems_019b3310-0272-7f8a-b806-34a90c4d3daa_terseLabel_en-US" xlink:label="lab_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Other Assets And Other Financial Assets [line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsLineItems_label_en-US" xlink:label="lab_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Other Assets And Other Financial Assets [line items]</link:label>
    <link:label id="lab_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsLineItems_documentation_en-US" xlink:label="lab_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Line Items abstract of Disclosure of other assets and other financial assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsLineItems" xlink:href="fmx-20251231.xsd#fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsLineItems" xlink:to="lab_fmx_DisclosureOfOtherAssetsAndOtherFinancialAssetsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AtFairValueMember_019b3310-031f-7e10-9653-7b725b31f494_terseLabel_en-US" xlink:label="lab_ifrs-full_AtFairValueMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">At fair value</link:label>
    <link:label id="lab_ifrs-full_AtFairValueMember_label_en-US" xlink:label="lab_ifrs-full_AtFairValueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">At fair value [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AtFairValueMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AtFairValueMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AtFairValueMember" xlink:to="lab_ifrs-full_AtFairValueMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EarningsPerShareExplanatory_019b3310-0272-731c-8038-aad450e08f39_terseLabel_en-US" xlink:label="lab_ifrs-full_EarningsPerShareExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Calculation of Basic and Diluted Earnings Per Share Amounts</link:label>
    <link:label id="lab_ifrs-full_EarningsPerShareExplanatory_label_en-US" xlink:label="lab_ifrs-full_EarningsPerShareExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings per share [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EarningsPerShareExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EarningsPerShareExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EarningsPerShareExplanatory" xlink:to="lab_ifrs-full_EarningsPerShareExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember_019b3310-0320-743b-be35-16c40d25633c_terseLabel_en-US" xlink:label="lab_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remeasurements of the net defined benefit liability</link:label>
    <link:label id="lab_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember_019bed9b-5670-7fe9-a08e-9e8adf2d9b1e_verboseLabel_en-US" xlink:label="lab_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Remeasurements of the net defined benefit liability</link:label>
    <link:label id="lab_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember_label_en-US" xlink:label="lab_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserve of remeasurements of defined benefit plans [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:to="lab_ifrs-full_ReserveOfRemeasurementsOfDefinedBenefitPlansMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IntangibleAssetsOtherThanGoodwillAbstract_019bd51e-01bc-7adb-97e2-c3ce45f8986b_terseLabel_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsOtherThanGoodwillAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets other than goodwill [abstract]</link:label>
    <link:label id="lab_ifrs-full_IntangibleAssetsOtherThanGoodwillAbstract_label_en-US" xlink:label="lab_ifrs-full_IntangibleAssetsOtherThanGoodwillAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intangible assets other than goodwill [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IntangibleAssetsOtherThanGoodwillAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwillAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IntangibleAssetsOtherThanGoodwillAbstract" xlink:to="lab_ifrs-full_IntangibleAssetsOtherThanGoodwillAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_WeightedAverageCostOfCapitalPreTaxPercentage_019b3310-019e-721e-8d71-cd9272520725_terseLabel_en-US" xlink:label="lab_fmx_WeightedAverageCostOfCapitalPreTaxPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pre-tax&#160;WACC</link:label>
    <link:label id="lab_fmx_WeightedAverageCostOfCapitalPreTaxPercentage_label_en-US" xlink:label="lab_fmx_WeightedAverageCostOfCapitalPreTaxPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Cost Of Capital Pre Tax Percentage</link:label>
    <link:label id="lab_fmx_WeightedAverageCostOfCapitalPreTaxPercentage_documentation_en-US" xlink:label="lab_fmx_WeightedAverageCostOfCapitalPreTaxPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Weighted average cost of capital pre tax percentage.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_WeightedAverageCostOfCapitalPreTaxPercentage" xlink:href="fmx-20251231.xsd#fmx_WeightedAverageCostOfCapitalPreTaxPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_WeightedAverageCostOfCapitalPreTaxPercentage" xlink:to="lab_fmx_WeightedAverageCostOfCapitalPreTaxPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_DiscountRate1Member_019b3310-03bf-7a74-ae84-02c7e00a3d25_terseLabel_en-US" xlink:label="lab_fmx_DiscountRate1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discount rate -1%</link:label>
    <link:label id="lab_fmx_DiscountRate1Member_label_en-US" xlink:label="lab_fmx_DiscountRate1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Discount Rate -1% [Member]</link:label>
    <link:label id="lab_fmx_DiscountRate1Member_documentation_en-US" xlink:label="lab_fmx_DiscountRate1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Discount Rates-1%.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_DiscountRate1Member" xlink:href="fmx-20251231.xsd#fmx_DiscountRate1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_DiscountRate1Member" xlink:to="lab_fmx_DiscountRate1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable_019b3310-0272-7a11-9c1e-6848614d7ffa_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:to="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_019b3310-0320-7746-95ab-db73323e1e70_negatedLabel_en-US" xlink:label="lab_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Acquisition of intangible assets</link:label>
    <link:label id="lab_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase of intangible assets, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityIncorporationStateCountryCode_019b3310-0272-7c68-b37f-4d8a93c783e2_terseLabel_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:label id="lab_dei_EntityIncorporationStateCountryCode_label_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityIncorporationStateCountryCode" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityIncorporationStateCountryCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityIncorporationStateCountryCode" xlink:to="lab_dei_EntityIncorporationStateCountryCode" xlink:type="arc" order="1"/>
    <link:label id="lab_fmx_NetExposureForeignExchangeRates_019b3310-031f-771f-b3ff-c3c8c00045d9_terseLabel_en-US" xlink:label="lab_fmx_NetExposureForeignExchangeRates" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net exposure</link:label>
    <link:label id="lab_fmx_NetExposureForeignExchangeRates_label_en-US" xlink:label="lab_fmx_NetExposureForeignExchangeRates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Exposure, Foreign Exchange Rates</link:label>
    <link:label id="lab_fmx_NetExposureForeignExchangeRates_documentation_en-US" xlink:label="lab_fmx_NetExposureForeignExchangeRates" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net Exposure, Foreign Exchange Rates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fmx_NetExposureForeignExchangeRates" xlink:href="fmx-20251231.xsd#fmx_NetExposureForeignExchangeRates"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fmx_NetExposureForeignExchangeRates" xlink:to="lab_fmx_NetExposureForeignExchangeRates" xlink:type="arc" order="1"/>
  </link:labelLink>
</link:linkbase>