Mexico announced that food in the basic basket will be exempt from tariffs, this with the aim of counteracting inflation, which is at its highest level in the last 20 years.
The Government of Mexico, through a decree published in the Official Gazette of the Federation (DOF), shared a list of foods whose importation will not be taxed from now on and for a year with the option to extend it.
Total there are 26, all foodminus the toilet soap.
Within the list are products such as eggs, meat, fruits, rice, wheat flour, potatoes, tuna and jalapeño pepper, among many others.
The inflation rate in Mexico rose in April to 7.68%its highest level since January 2001, after an increase in prices in the fourth month of the year of 0.54% compared to the previous month, driven by food and livestock, according to data released on May 9 by the National Institute of Statistics and Geography (Inegi).
Since May, President Andrés Manuel López Obrador undertook a plan against inflation, agreed with food companies in the country and from which the Package Against Inflation and Famineof which the measure announced yesterday is part.
In addition, he insisted on the need to move towards self-consumption so as not to depend on imports.