Mexico renews pact with gas station owners to contain prices and combat inflation

The Mexican government and representatives from the fuel sector have renewed an agreement to cap fuel prices as part of a broader strategy to combat inflation. Under the terms of the six-month pact, the price of regular gasoline is to be maintained below 24 pesos per liter, while diesel prices are capped at 27 pesos per liter.

The renewal was announced on Monday by the administration. This measure serves as a continuation of existing economic policies intended to stabilize fuel costs for consumers and mitigate inflationary pressures within the national economy.