MEXICO CITY, Oct 3 (Reuters) - Mexican President Andres Manuel Lopez Obrador is expected to announce the details of a new deal with companies to halt rising food prices, doubling down on a collaborative effort with the private sector as inflation hovers at a 22-year high.
Cooperation with private firms is a key element of a multi-pronged package of anti-inflation and scarcity policies announced in early May and known as the PACIC for its initials in Spanish, which aims to keep prices stable for 24 basic products. These include corn tortillas, rice, soap, tomatoes, milk . . .
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