AMLO to Guarantee Fair Prices for Basic Food Basket
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AMLO to Guarantee Fair Prices for Basic Food Basket

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Antonio Gozain By Antonio Gozain | Senior Journalist and Industry Analyst - Wed, 04/27/2022 - 17:53

President Andrés Manuel López Obrador announced that he will present a plan to address the rise of inflation in Mexico. Among the initiatives, López Obrador proposed that 24 items within the basic food basket have controlled, fair prices. Meanwhile, barley growers in Puebla have threatened to stop supplying the brewing industry, following disagreements with provided seeds and prices.


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No Price-Fixing but Guaranteed Fair Prices: AMLO

López Obrador said that his government “will guarantee fair prices for basic food items. We are reaching an agreement with growers and distributors. The majority agree to set a leveled price for the basic food basket.”

Inflation in Mexico rose to 7.72 percent in the first half of April, according to the National Consumer Price Index. López Obrador announced that next Wednesday he will present a plan to address the rise of inflation in Mexico and its impact on prices.

Puebla’s Barley Growers Threaten to Stop Supplying the Brewing Industry

Barley growers from the eastern region of Puebla threaten to stop supplying the brewing industry, after accusing it from providing them low-quality seeds for 22 years, reported El Economista. Puebla is one of the five top barley producers in Mexico, according to the Ministry of Agriculture and Rural Development.

Growers’ yield per hectare has decreased by up to 40 percent and brewing companies “want to pay tons at lower prices,” denounced Raúl Godos Langle, President, Product System Barley.

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