The National Alliance of Small Businesses (ANPEC) anticipated this Monday the resounding failure of the Package Against Inflation and Famine (PACIC) 2.0, as happened with its predecessor, being limited and fueled by international uncertainty, added by the pressure on the rise in energy prices due to the winter that will get in the way
Cuauhtémoc Rivera, president of the market merchants union, said that trying to control the strength of the market in the season of greatest consumption -which is the last quarter of the year- is “uncontrollable”; while the most needy population regularly does not consume the food brands that joined the reinforced PACIC.
With the PACIC 2.0 of this October 3, the aim is to recover the 100 pesos that increased and return to the starting prices, which are already expensive,” he said.
Rivera said that 4 out of 10 Mexicans do not have enough income to buy their food, so the purchasing power of 43% of workers barely covers their basic expenses and 20% does not. “More than 60% of the population lives in poverty and marginalization, having no purchasing power,” he stressed.
The ANPEC leader said that in winter, the energy factor is an issue that puts a lot of pressure on the economy. There is an ultra-demand for gas that makes it more expensive, therefore, putting pressure on the market. Price control of the energy factor in this season, to say the least, is difficult to achieve.
While “the job insecurity post-pandemic is a resounding reality, since most of the jobs recovered have been in the informal sector. In addition to this, the announcement by the Bank of Mexico that inflation control will be achieved until the third quarter of 2024, allows us to see the difficult time to come”, commented Cuauhtémoc Rivera.
hartford car insurance shop car insurance best car insurance quotes best online car insurance get auto insurance quotes auto insurance quotes most affordable car insurance car insurance providers car insurance best deals best insurance quotes get car insurance online best comprehensive car insurance best cheap auto insurance auto policy switching car insurance car insurance quotes auto insurance best affordable car insurance online auto insurance quotes az auto insurance commercial auto insurance instant car insurance buy car insurance online best auto insurance companies best car insurance policy best auto insurance vehicle insurance quotes aaa insurance quote auto and home insurance quotes car insurance search best and cheapest car insurance best price car insurance best vehicle insurance aaa car insurance quote find cheap car insurance new car insurance quote auto insurance companies get car insurance quotes best cheap car insurance car insurance policy online new car insurance policy get car insurance car insurance company best cheap insurance car insurance online quote car insurance finder comprehensive insurance quote car insurance quotes near me get insurance