Basic basket rises 1.29% in January 2025: Anpec

The National Alliance of Small Merchants (Anpec) reported that the average price of the basic food basket rose 1.29% in January 2025 compared to December 2024, reaching 2,046.45 pesos. This 25.98-peso increase affects 44 essential products. The most impacted states include Yucatán and Querétaro with rises over 8%.

The Anpec, in its monthly report, detailed that the price variation in the basic basket of 44 products between December 2024 and January 2025 was 1.29%, raising the average cost to 2,046.45 pesos, an increase of 25.98 pesos.

Among the products with the largest rises are cigarettes, which increased 20.33% from 88.25 to 106.19 pesos; soluble coffee, with a 7.76% hike from 145.31 to 156.59 pesos; green tomatoes, up 7.11% from 39.61 to 42.42 pesos; poblano peppers, rising 6.78% from 50.75 to 54.19 pesos; and jalapeño peppers, which grew 6.57% from 39.01 to 41.61 pesos.

Regionally, the states with the most expensive baskets were Yucatán (8.94%), Querétaro (8.58%), Michoacán (8.50%), Veracruz (6.32%), and Quintana Roo (4.79%). These figures highlight inflationary pressures on basic goods that affect Mexican families' purchasing power.

Cuauhtémoc Rivera from Anpec stressed the need for companies to be agile and flexible amid shorter trade agreements. He criticized fiscal collection policies, particularly the Special Tax on Production and Services (IEPS) increase implemented this year. He also called for a major census to formalize the economy, prioritizing benefits to encourage informal taxpayers to pay taxes according to their capacity.

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President Claudia Sheinbaum rejects proposed tortilla price hike at press conference, with agriculture officials and producers.
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Sheinbaum rejects tortilla price hike announced by producers

Imeripotiwa na AI Picha iliyoundwa na AI

President Claudia Sheinbaum stated there are no reasons to raise the kilo of tortilla price starting April 15, despite the National Tortilla Council's announcement of a 2-to-4-peso increase. She instructed Agriculture Secretary Julio Berdegué to meet with producers to review the situation. Prices vary widely by region, with a national average of 24.18 pesos per kilo.

An analysis by ITESO's Business School shows Mexico's food basket cost rose 67% from August 2018 to March 2026, outpacing general inflation of 45%. In urban areas, it increased from 1,500 to 2,571 pesos per person monthly. This hike particularly impacts low-income households.

Imeripotiwa na AI

Tomato prices have surpassed 60 pesos per kilo in some Mexican self-service stores, despite PACIC commitments to keep them between 26 and 40 pesos. ANTAD president Diego Cossío Barto attributes the rise to weather factors and logistics costs. The situation highlights vulnerabilities in production, especially in Sinaloa.

Economy Minister Luis Caputo projected that March inflation will exceed 3%, driven by oil impacts and educational seasonality. The official INDEC data will be released on Tuesday, April 14, at 4 p.m. Caputo assured that disinflation and economic growth will begin from April.

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