Price Fluctuations and Security Improvements in Mexico

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Between October 14 and 18, 2024, Profeco conducted an analysis of prices across various establishments in Mexico, revealing noticeable fluctuations in the costs of the basic basket. They monitored 24 essential products, finding a stark 250 pesos difference between the most expensive and the cheapest baskets. Locations such as Tijuana and MΓ©rida recorded some of the highest prices, while Cuernavaca and Chihuahua offered the lowest. The price of eggs remained relatively stable, varying between 36 to 66 pesos for an 18-count pack. Additionally, fuel prices were reported, with regular gasoline averaging around 87 pesos, while diesel stood at 25.50 pesos. Concurrently, a report on the security strategy within the country indicated a reduction in intentional homicides by 13.4% per day from January 2015 to October 2024. The presence of the National Guard has considerably contributed to this decline, involving numerous arrests and drug seizures, thereby enhancing national security. These efforts aim to foster a safer and more stable environment for the Mexican populace.
Highlights
  • β€’ Analysis of 24 basic basket products in Mexico.
  • β€’ 250 pesos difference between the most and least expensive baskets.
  • β€’ Egg prices vary between 36 and 66 pesos.
  • β€’ Regular gasoline averaged 87 pesos.
  • β€’ National Guard deployment has reduced intentional homicides by 13.4%.
  • β€’ 824 arrests made for high-impact crimes.
  • β€’ Over 33,800 kg of drugs and 834 weapons confiscated.
  • β€’ Price standards monitored by Profeco in various regions.
  • β€’ Coordination among security forces to combat violence.
  • β€’ Perception of security has improved since 2018.
* hawa bundu helped DAVEN to generate this content on 10/29/2024 .

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