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last mo.

Sheinbaum Backs Big IEPS Hikes as Business Groups Warn of Store Closures and Illicit Trade

Deputies head toward an imminent revenue vote after contentious hearings, with the government framing the increases as a health measure.

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El aumento promedio por cajetilla en algunas marcas será de 3 a 5 pesos
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Overview

  • The 2026 package would raise the levy on sugary drinks by 87% to 3.08 pesos per liter and introduce a new charge on beverages with non‑caloric sweeteners.
  • An estimated 30% increase on tobacco IEPS would add 15–17 pesos per pack, and industry leaders warn the illegal cigarette market could reach about 50% next year.
  • Small‑retail groups led by ANPEC say more than 60,000 neighborhood stores could close and 120,000 self‑jobs be lost due to reliance on soft drinks and tobacco sales.
  • The administration says the aim is to cut soda consumption by up to 7% and direct any proceeds—projected at roughly 41 billion pesos—to diabetes and hypertension care.
  • After two days of testimony before the Chamber of Deputies’ Finance Commission, private‑sector coalitions urged dialogue, phased changes or revisions ahead of a Monday vote.