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Mexican food prices aren’t set for ‘abrupt’ increase

Posted on 30 January 2009

From Bloomberg: Mexican food prices won’t undergo an “abrupt” rise like last year and may fall because of declining oil and grain costs, Agriculture Minister Alberto Cardenas said.

“It looks like prices will maintain themselves in the first six months of the year,” Cardenas said today at a breakfast with reporters in Mexico City. The drop in commodities prices “makes us believe” that the prices for some foods such as beef, eggs and milk won’t increase, he said. …. Full Article: Source


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