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Mexican Coke bottler Arca reports rise in second-quarter profit
date:Jul 18, 2014
lumped this year since the government introduced junk-food and sugary drinks taxes that have raised prices for consumers.

Arca's rival, Coca Cola Femsa, has said it expects sales volumes in Mexico to drop between 5 and 7 percent this year as a result of a tax of 1 peso (8 cents) a liter on sugary drinks.

But Arca's report showed that sales volumes of all drinks, including water, were down from the year-earlier period, reflecting weak consumer spending in Mexico.

Mexico's central bank has cut

12/26 02:30