Basseterre, St. Kitts – Nevis
November 01, 2007
Twenty-nine items comprising basic food items such as chicken, meats, fish and rice as well as non-food goods including toothpaste, disposable diapers, and some pharmaceutical products are addressed in the Price Control Order.
At a press conference on Thursday at Government Headquarters, Minister of Industry, Commerce and Consumer Affairs Hon. Dr. Timothy Harris said the price control initiative is a direct intervention by Government to protect consumers and small businesses from the spiraling costs of goods, and to achieve a level of moderation in the cost of living.
“We empathize with the public concern,” the Minister stressed. “We are aware that the inflationary trajectory of prices is partly caused by imported inflation since we import almost all that we consume.
“The Government, however, is concerned about the diminishing purchasing power of pensioners on fixed incomes, our workers on the Industrial Estate, our domestic workers and other categories of fixed income earners who continue to see their hard earn dollars stretched each week.”