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 presented by the Deputy Secretary of Income of the Ministry of Finance and Public Credit (SHCP), Carlos Lerma Cotera, who emphasized that inflation is a key variable due to its direct effect on household consumption and purchasing power. The annual inflation was 4.6% in the last two weeks of March, according to the National Institute of Statistics and Geography (INEGI), above the permanent target of the Bank of Mexico of 3%, although the Executive defended that the level remains within historically manageable ranges. Lerma put the recent behavior in historical perspective, recalling significantly higher inflationary episodes, such as the shock derived from the liberalization of ...