Mexico City Protest: 20 Billion Peso Economic Blow to Businesses

Mexico City Protest Causes 20 Billion Peso Loss for Businesses A 23-day protest near Mexico City's Zócalo has resulted in an estimated 20 billion peso loss for over 5,000 local businesses, according to the city's Chamber of Commerce. The protests, which involved the CNTE teachers' union, severely disrupted business activity, leading to significant drops in sales and revenue for many businesses. Samaria, manager of a local cafe, described the impact, stating, "Sales decreased a lot; approximately 80% since the protests began." She noted that reduced customer access due to road closures and general safety concerns were major factors. Héctor García, owner of a nearby store, echoed these sentiments, adding, "They don't let suppliers enter the area, and customers prefer to take another route." He reported a 70% drop in sales. The Chamber of Commerce is calling for solutions to mitigate the economic damage and prevent similar incidents in the future. The long-term effects on the affected businesses remain to be seen, but the immediate impact is undeniable.