Last year the federal government implemented a package of measures to contain the rise in prices, such as the suspension of import tariffs. However, although headline inflation had subsided since September, it picked up again in the first half of January.
“What we have is enough,” said López Obrador in his daily conference, about the possibility that his administration launches new measures to curb inflation.
The increase to minimum salary as well as the increase in sugary drink tax and the cigars they caused the inflation will rebound to 7.94% in the first half of January.
“The services component is the one that most reflects salary pressures, as well as the associated effects of the adjustment in price expectations,” Alejandro Saldaña, chief economist at Grupo Financiero Ve por Más (Bx+), recently told Expansión.
Support for Pemex
López Obrador added that his government will continue to support Pemex financially, when asked about the heavy debt repayments pending for 2023.
The president affirmed that the Ministry of Finance and the state giant have been working on the issue of amortizations of the oil company, whose financial debt is around 105,000 million dollars.
According to Pemex, in the first quarter of this year the payments linked to bonds are around between 5,500 and 6,000 million dollars.
With information from Reuters
