economy and politics

Chela, alcohol and snacks; the other IEPS that not even inflation tickles

Chela, alcohol and snacks;  the other IEPS that not even inflation tickles

Alcoholic beverages, non-basic foods, beers and flavored beverages became the star products of the IEPS this year, according to data from the Ministry of Finance and Public Credit (SHCP).

Not counting gasoline, the special tax that is applied to other goods and services has left 146,104 million pesos to federal collection, 3,339 million more than what was scheduled for the first nine months of this 2022.

The ones that contributed the most money, compared to what was expected, to the government, were alcoholic beverages, which totaled 18,036 million pesos between January and November of this year, that is, 2,438 million above the calculations.

The additional millionaire bag left by these drinks happened with everything and that the inflation on these products did not forgive them. For example, in September of this year the price of brandy increased 11.6% compared to 2021; that of tequila, 10%; that of rum 7.5%, and table wine, 5.7%. There were other liquors that increased 9.6% on average, according to Inegi data.

In second place, as star products of the IEPS collection, were non-basic foods with a high caloric density, such as snacks, confectionery products, chocolates, flans and puddings; fruit and vegetable sweets; peanut butter and hazelnuts; milk sweets; cereals, and ice creams, ice creams and popsicles.

These products as a whole yielded 22,311 million pesos in collection, exceeding by 1,845 million what had been prospected in the period in question.

Beer was in third place, with a collection of 33,766 million pesos, a plus of 1,415 million.

This drink is also among the most affected by inflation. Inegi figures show that its price rose 11.2% in September this year compared to the same month in 2021, the highest variation in more than 12 years.



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