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The President pointed out that, regardless of inflation, there would be a new increase in the minimum wage.
Compared to other countries, the effect of energy has decreased in Mexico from 8.7 to 8.4.
He pointed out that the commitment to a globalized vision of large companies meant abandoning the field.
Today, November 9, during the press conference “The Morning”presented by the President Andres Manuel Lopez Obrador (Amlo)the issue of inflation and the impact that a new increase in the minimum wage would generate was discussed.
Prior to this mention, the president pointed out during a presentation that the inflation rate in Mexico has been going down one 8.7 to 8.4 percent. Similarly, he pointed out that the energy index has dropped considerably compared to the United States and other countries. However, he stressed that inflation in Mexico mainly affects food, compared to that country.
“We do have more control since this world inflation began due to Russia’s war with Ukraine, we decided that as the price of crude oil increased, which reached more than 100 dollars a barrel, we could maintain a subsidy with that surplus. on the order of 350 billion pesos and this is what has allowed us to control inflation, because if the price of gasoline increases, we go up”.
Given this, the president has spoken in the last few hours to point out that there is a proposal to increase the minimum wage. “Inflation should not be a pretext for not increasing the minimum wage“said the Executive.
Inflationary package would allow increase to the minimum wage
Through what is known as the Package Against Inflation and Famine (Pacic2.0), Amlo has proposed to the food distribution companies to reach an agreement in order not to increase the price of the basic basket. With this, food has been allowed to be accessible to citizens with respect to the minimum wage.
He shared that some brands of tuna and tortilla foods are also down internationally.
“We already have a basic basket of 29 products, 1,039 pesos, and already in the last two weeks, we no longer reach an average of 1,039. Producers are helping us, department store distributors are helping us. I highlight three, and there are others but, help Walmartthat we made an agreement with them, Chedraui and Soriana“.
In the same way, the referent of the Fourth Transformation (4T) shared that the Mexican model is no longer similar to that of other countries and that, in fact, this market opening has already been replicated by other nations.
He stressed that the opening to trade in Argentina, removing tariffs and the protocols proposed by agencies such as the National Service for Agrifood Health, Safety and Quality (Senasica) and the Federal Commission for the Protection against Sanitary Risks (Cofepris)would allow the price of meat, chicken and grains to fall considerably, giving stability to prices.
“There are certain interests because when they speak of a free market, the truth is that certain producers, monopolies, are protected, and we no longer protect any company, any monopoly. We protect consumers,” Amlo said.
Finally, the Executive power pointed out that this phenomenon has been the result of abandonment of the countryside, for which it would seek to propose a new increase in the minimum wage, regardless of inflation.
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