Profeco Reports 80.4% Compliance in Gasoline Price Stabilization Strategy
The Procuraduría Federal del Consumidor (Profeco) is reporting significant progress in its national strategy to stabilize gasoline prices across Mexico. According to the latest data, 80.4% of gas stations are now selling gasoline below $24 pesos per liter, a key indicator of the strategy's success. This information was shared during the «Mañanera del Pueblo» conference, led by President Claudia Sheinbaum.
National Average Price Decrease
Iván Escalante Ruiz, head of Profeco, is highlighting the positive trend in gasoline prices. Over the past month, the national average price has decreased from $24.15 to $23.68 pesos per liter. This reduction is being attributed to the ongoing efforts to monitor and regulate fuel costs nationwide.
Regional Mapping and Price Monitoring
Profeco is actively mapping gas stations across different regions to pinpoint those with elevated prices. The agency is also providing consumers with information about alternative stations offering more affordable options nearby. These alternatives are easily accessible on Profeco's website, with distances ranging from 0.3 km to 4.8 km. This initiative is empowering consumers to make informed decisions and find the best deals on gasoline.
Fuel Price Disparities
Profeco's weekly fuel price analysis is revealing significant disparities in gasoline costs across the country. According to the report, Gas Junípero (Pemex) in Querétaro is currently offering the lowest price at $23.12 pesos per liter. In contrast, Reflex Revolución (Petro-7 Seven) in Monterrey, Nuevo León, has the highest price at $25.99 pesos per liter. These price differences underscore the importance of consumer awareness and the need for continued monitoring.
Canasta Básica Monitoring
In addition to gasoline prices, Profeco is also closely monitoring the cost of the «canasta básica», a basket of essential goods. The agency is aiming to ensure that the total cost of these items remains below $910 pesos. Data collected between March 18th and 21st is showing variations in prices across different regions.
Onion Price Analysis
Profeco is also analyzing the price of key agricultural products, such as white onions. The national average price for a kilo of white onions is currently $23.58 pesos. Prices range from $8 to $10 pesos in Durango, CDMX, and Veracruz, to as high as $39.90 pesos in Baja California Sur and Guanajuato. These fluctuations highlight the importance of local sourcing and market dynamics.
Recommendations for Consumers
Escalante Ruiz is advising consumers to purchase fruits and vegetables at central markets and local markets whenever possible. These locations often offer fresher produce at more affordable prices. This recommendation is part of Profeco's broader effort to promote smart spending habits and help consumers save money.
Profeco's Ongoing Efforts
Profeco remains committed to protecting consumer rights and ensuring fair prices across the country. The agency is continuing to monitor gasoline prices, the cost of essential goods, and other key economic indicators. By providing consumers with accurate information and promoting transparency, Profeco is helping to create a more equitable marketplace.
Author's Perspective
According to Gabriela Rivera P. (El Imparcial, https://www.elimparcial.com), this ongoing monitoring and regulation are vital for maintaining economic stability and supporting Mexican families. The agency's efforts to identify and address price disparities are crucial for ensuring that consumers have access to affordable goods and services.
The Bigger Picture
The stabilization strategy is not just about gasoline prices. It's about controlling inflation, supporting the purchasing power of Mexican citizens, and promoting a healthy economy. The success of this strategy depends on the collaboration of government agencies, gas station owners, and consumers alike.
Looking Ahead
Profeco is expected to continue its rigorous monitoring and enforcement efforts in the coming months. The agency will likely focus on identifying and addressing any remaining areas of non-compliance. Consumers are encouraged to remain vigilant and report any suspected price gouging or unfair practices to Profeco. By working together, all stakeholders can contribute to a more stable and equitable gasoline market.
El Imparcial (https://www.elimparcial.com) reports that further details about the methodology used for the price monitoring and the specific criteria for identifying high-priced stations are expected to be released soon.
