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Puerto Vallarta News NetworkNews Around the Republic of Mexico | September 2008 

Mexico Food Prices Doubled
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Mexico City - The average price of food in Mexico doubled during the last 12 months as reported by the head financial office Thursday.

Meanwhile and contrasting with the rising of the family shopping basket, farmers insist on the increase of the budget allowance for 2009 to encourage national production over imports.

Rise on the price of main staples is considerably higher than minimum wage increase, which mainly affects those considered the poor half of Mexican families.

Official data shows that from December 2006 to date the prices on beans have risen in 92.3 percent; lentil, 107; sausage, 103; rice, 78.3; condensed milk, 76; powder milk, 73.6; butter, 67.9; and eggs, 114 percent.



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