Page added on May 15, 2008
The price of tortillas, a staple food in Mexico, are set to rise 18% in the next few weeks, an industry group says.
… The National Chamber for the Tortilla and Dough Industry told Reuters that prices would rise from 8.5 pesos (42 pence) a kilo now to 10 pesos in June.
The government said it would work to make sure that did not happen.
Tortilla prices are not state-controlled in Mexico, but the economy minister Eduardo Sojo said the government would use measures such as offering subsidies for transport and warehousing to stop them rising.
… Rising costs of corn and fuel sent the prices of the corn pancakes up by more than 10% last year.
A local newspaper report suggested that prices could go up as high as 12 pesos a kilo in the next few weeks.
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