Mexico Basic Food Basket Rises 13.34 Pesos, Squeezing Household Budgets

Mexico's basic food basket rose 13.34 pesos month-over-month to average 2,141 pesos, reflecting persistent food inflation that erodes real wages. The increase, while modest in absolute terms, signals continued upward pressure on consumer prices, likely complicating Banxico's inflation fight. The data point to sustained cost-of-living pressures for Mexican households, with implications for domestic consumption and monetary policy.