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

Officials tout the pact's role in shielding households despite INEGI reporting a 4.3% annual rise in the broader urban basket.

Overview

  • President Claudia Sheinbaum signed the latest six‑month renewal at Palacio Nacional with 20 producers and 12 supermarket chains, adding one new retailer and one agroindustrial participant.
  • The pact holds the combined cost of 24 essential goods at the agreed reference price through the next half‑year.
  • Finance Secretary Édgar Amador Zamora said the policy helps protect purchasing power, and PROFECO tracking shows the average basket price fell 4.7% from November 2024 to October 2025.
  • INEGI reported a 4.3% year‑over‑year increase in the expanded urban basic basket in October 2025, underscoring ongoing cost‑of‑living pressures.
  • Officials indicated an aim to maintain the reference price for up to a year, which would amount to an estimated real reduction of about 3.4% if met.