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Mexico Renews PACIC, Freezes 24-Item Basic Basket at 910 Pesos for Six Months

Officials tout a public–private price pact to steady staple food costs, citing Profeco tracking that shows the monitored basket has fallen over the past year.

Overview

  • President Claudia Sheinbaum signed the renewal at Palacio Nacional with 20 producers and 12 retail chains participating.
  • The agreement keeps a defined set of 24 essentials—22 foods and two first-need items—under a fixed total price for the term.
  • Profeco data show the average tracked basket decreased from 886.50 pesos in November 2024 to 845 pesos in October 2025, a 4.7% drop.
  • The six‑month pact complements inflation management, with headline CPI at 3.57% in October and core pressures still above target.
  • Business groups, including CCE president Francisco Cervantes, endorsed the accord, which has been renewed regularly since its 2022 launch.