Mexico to renew food price control measures

MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum said on Monday that she would renew an agreement with food producers and retailers to keep the price of a set of basic groceries affordable for consumers. The measure had been rolled out by her predecessor, former President Andres Manuel Lopez Obrador, in 2022 as inflation was the highest it had been in two decades. "We want prices to come down for consumers, especially for those who don't have much," Sheinbaum, who took office at the beginning of October, said in her morning press conference.