Food price control is extended for six months

  • EFE

The executive announced by a press release that the price control measure of the staple food basket will be extended for six months as of January 7, 2018. Since 2014, the National Government implemented this action. "The measure did not cause shortages, but rather, it has had an impact on the increase in consumption and the production of food such as eggs and chicken, which has reflected a significant increase in annual per capita consumption," according to the statement sent by the State Secretary of Communication.

At this time the staple food basket has a value of $ 314, "If we consider the average inflationary pattern that had been followed prior to the adoption of price control, the current price of the staple food basket would be approximately B / .394.15," explained the press release.

Verónica Padilla


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