The Government of Mexico announced a comprehensive strategy to contain inflation. It also ratified agreements with distributors to set maximum price caps on gasoline and diesel, aiming to contain pressures on transportation, logistics, and food. (EFE).- The Government of Mexico presented this Thursday a comprehensive strategy to contain inflation, based on subsidies for fuels, agreements with producers and commercial chains, as well as measures to improve the logistics of food distribution, after the price index rose to 4.6% in March. The strategy was outlined by the Undersecretary of Revenue of the Ministry of Finance and Public Credit (SHCP), Carlos Lerma Cotera, who stressed that inflation is a key variable due to its direct effect on household consumption and purchasing power. Annual inflation stood at 4.6% in the last fortnight of March, according to the National Institute of Statistics and Geography (INEGI), above the Bank of Mexico's permanent target of 3%, although the ...