WASHINGTON -- Consumers in Mexico are spending nearly 27% more each week on food than they did in 1996, although real buying power has fallen because of escalating inflation, according to a survey by Food Marketing Institute here and ANTAD, the Mexico-based food association. The survey indicated that the average Mexican shopper patronizing a supermarket in 1998 spent $50.47 a week (407 pesos at an exchange rate of $1 equals 8.064 pesos), compared with $40.30 spent weekly at corner stores ...
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