MEXICO CITY: Mexico will increase production of staple foods such as corn, rice and beans as part of a plan agreed with business leaders to control consumer price inflation which is at a two-decade high, Finance Minister Rogelio Ramirez de la O said on Wednesday.Ramirez was speaking at a news conference alongside President Andres Manuel Lopez Obrador, who said the plan aimed to ensure fair prices for a basket of staple foods. Mexico was not planning to apply price controls, Lopez Obrador said.The plan would be in place for six months and could be renewed if necessary and agreed with business leaders, said Ramirez, adding he expected a near-term impact on inflation expectations for basic good
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