Spike in Lime Prices in Mexico Linked to Disease, Unrest in Key Growing Areas

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Article from SourceMex, April 23

The basket of basic consumer goods is an important measure to determine the affordability of the cost of basic goods and services for the poorest families in Mexico. The basket tracks the price of almost 100 products, including corn, beans, wheat flour, instant coffee, powdered chocolate, toilet paper, toothpaste, laundry soap, and much more. One product that is part of the basket but often gets little attention is the green Persian lime, known in Mexico as limón verde. Reports from the government’s statistics office (Instituto Nacional de Estadística y Geografía, INEGI) and other agencies indicate that the price of limes increased by as much as 200% in the first three months of the year, because of a combination of disease, bad weather during key development stages, high insecurity in some of the producing states, and seasonal factors. Carlos Navarro Read More