[ad_1]
In Mexico, products like sugar, coffee, egg, soup, bean, rice, lentilhave recorded increases in their prices of more than 70% and in some cases more than 100%, he noted Ruben Moreira Valdezcoordinator of the PRI deputies.
On December 21, the National Institute of Statistics and Geography (Inegi) reported that inflation for the first fortnight of the month rose to 4.46%, which represents its third increase in recent months.
The Institute detailed that the prices of agricultural products increased by 1.45% compared to the immediately previous period and 3.8% compared to the same period in 2022. It should be noted that the expectation of the Bank of Mexico (Banxico) is that 2023 will close with a average of 4.44%.
For this reason, Moreira explained that given the high costs and price increases in food consumed in the country, it is necessary for the authorities to be realistic and comply with the objectives of public policy. This after the federal government stated that the anti-inflation program will be maintained, without offering details.
The leader of the PRI pointed out that “a basket of 22 products, which in November 2018 had a cost of 697 pesos, by December 2023, reached 1,270 pesos, that is, an increase of 82%,” he detailed this end of week the federal representative for Coahuila.
In his last morning conference of 2023, the president Andrés Manuel López Obrador He highlighted that the Mexican peso is the currency that has gained the most ground against the US dollar in recent months, which he considered a sign of the good progress of the economy in general.
Given this, Rubén Moreira has pointed out on several occasions that the Federal Government has managed the level of the exchange rate as an important achievement; However, he stressed, this has been at the expense of the pockets of Mexicans, and clarified that the “appreciation of the peso” has largely been derived from a high interest rate, which makes credit more expensive for companies and also to families.
“Connationals who visit our country during this holiday season are the ones who, most accurately, suffer from these increases, since in 2018 they could buy a basket like the one exemplified above for $34.27 and today they pay $73.15 for it, that is, 113.45% more,” emphasized the Coahuila deputy.
For his part, economist Mario Di Constanzo indicated that the basic basket from 2018 to 2023 rose more than 80% and indicated that “food prices have increased exorbitantly.”
The analyst detailed that ham increased 170%, beans 161%, rice 98%, tortillas 57%, coffee 159%, and sanitary towels 119%, to name a few examples.
He also added that, according to the Mexican Social Security Institute (IMSS), in 2018 the average contribution salary was 10,698 pesos and by 2023 it was 15,576, 45% more; However, he explained that the growth in food prices exceeds it, with 82%.
In addition to criticizing the fact that the parity of the Mexican peso is presumed as an indicator of the economy, the economist stated that it has only been used by the government to say that we are better off, but on the other hand inflation has damaged the purchasing power of all families.
[ad_2]
