Coca-Cola FEMSA Raises Mexican Soda Prices Up to 5 Pesos After IEPS Hike
Business: Mexico City Key Facts —Increase. Coca-Cola FEMSA is raising soda prices in Mexico by up to 5 pesos (about US$0.26) per unit. —Cause. The move passes on a higher IEPS, Mexico’s excise tax on production and services, which covers sugary drinks. —Who. Coca-Cola FEMSA is the largest Coca-Cola bottler by volume and a key […] The post Coca-Cola FEMSA Raises Mexican Soda Prices Up to 5 Pesos After IEPS Hike appeared first on The Rio Times .
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