Study shows 10 800 jobs lost in Mexico over drinks tax

A Mexican sugary drink tax of one peso (5 US cents) per liter has resulted in the loss of around 10,800 jobs yet done little to curb consumption, according to a study presented by the Autonomous University of Nuevo Leon's Center for Economic Research.

"The tax has been ineffective because it hasn't reduced the consumption of non-alcoholic drinks, and on top of that there are the 10,800 jobs we have no way of recovering," Laura Zuñiga, who analyzed trends for the study, said.