President Claudia Sheinbaum Pardo renewed the Package Against Inflation and Dearness (PACIC) to keep the cost of basic goods stable [1].
This measure is intended to protect consumers from rising food costs and curb national inflation. By fixing prices on essential goods, the administration aims to ensure that the most vulnerable populations can afford basic nutrition without sudden price spikes.
The agreement establishes a maximum price of 910 pesos [2] for a selection of 24 products [3] within the basic food basket. This pricing cap will remain in effect for a period of six months [2].
To implement the plan, the Mexican government coordinated with producers and major commercial distributors across the country [4]. This network of participants includes prominent retail chains such as Walmart, Soriana, and Chedraui [4].
The PACIC initiative serves as a strategic tool for the administration to manage the cost of living. By negotiating directly with the private sector, the government seeks to prevent the volatility often associated with food commodities, a move that provides a temporary buffer against market fluctuations.
Officials said that the goal is to guarantee stable prices for consumers [1]. The renewal of the package follows an agreement reached in April 2024 [4].
“The agreement establishes a maximum price of 910 pesos for a selection of 24 products.”
The renewal of PACIC represents a preference for managed pricing over purely market-driven dynamics in Mexico. By leveraging the scale of major retailers like Walmart and Soriana, the government can exert downward pressure on inflation without implementing formal price controls, though the success of the measure depends on the continued voluntary cooperation of the private sector.
