The prices of the basic basket showed a considerable drop in the first half of October.
The President highlighted the cooperation of distributors to mitigate the impact of inflation.
Despite this, the INPC increased by 0.44 percent, according to INEGI figures.
Today, at a press conference in “La Mañanera”, President Andrés Manuel López Obrador (AMLO) highlighted the first considerable drop in the prices of the basic basket.
This happened in the framework of Package Against Inflation and Faminewhich seeks to reduce the impact of inflation by 8 percent.
Today, some chain stores decided to “align” with this package and bet on the change proposed by the 4T, managing to register a considerable drop in the 24 products. The goal is for prices to fall thousand 129 pesos to thousand 39 pesos.
“We have been able to control inflation”; AMLO, on basic basket prices
President AMLO declared a few days ago that inflation was over and that from that point on, the scale would be reduced. He today expressed himself again on the subject saying “we have been able to control inflation”.
Through the statements of Richard Sheffieldwho is the owner of the Federal Consumer Protection Office (PROFECO), it was announced that international oil prices have registered a downward trend, while this week a 100 percent tax incentive for fuels was shared. According to this, regular gasoline, Premium, Diesel and Mexican Blend showed the cheapest prices in recent days.
In addition to this, he pointed out that the price of the 24 products of the basic basket has gone down. This was partly thanks to the contributions of networks such as Walmart, Chedraui and Soriana. He stressed that it has already been sold at the agreed price, which is one thousand 39 pesos. On the other hand, stores HEB in Guanajuato they were the only ones whose value of the basic basket was above what was suggested through the PACIC2.0with one thousand 64 pesos.
“I am sure that in the case of food it will go down with the agreement with producers and distributors,” said the Executive, adding that “we see the prices in most cases below, it is below or does not exceed one thousand 39 pesos. ”.
The agreement with distributors responded to this struggle to suddenly mitigate the prices of the elements of the basket, one that has been criticized by analysts and economists, by not presenting a long-term solution, according to what is mentioned.
Likewise, the President of Mexico took advantage of the occasion to attack former presidents Ernesto Zedillo and Felipe Calderón, mainly for the case Bank Savings Protection Fund (FOBAPROA), where foreign debt increased in an attempt to bail out bankers. “Tenderites”, the current executive called him.
There was a recognizable decline from 8.8 to 8.5 percent in the inflation rateaccording to data from National Institute of Geography and Statistics (INEGI). However, it was also recorded that the National Consumer Price Index (INPC) increased by 0.44 percent.
In a nutshell, the INPC is an economic indicator that measures the average variation in the prices of a basket of goods and services. This is, at the same time, the indicator that indicates the consumption of households in the country over time. It is known that a year ago the impact of inflation according to the INPC was 0.54, which represented an annual 6.12 percent.
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