Dominican Republic is one of the countries of Central America and the Caribbean less impacted by food staple cost inflationaccording to the latest report from the General Directorate of Consumer Protection of Honduras.
The report was released yesterday by the National Institute for the Protection of Consumer Rights (Pro Consumidor), through its executive director, Eddy Alcántara, who made a presentation of the comparative graphs of the products per unit and pound with the highest consumption in each of the countries that make up the Central American Consumer Protection Council (Concadeco).
Alcántara, who made the presentation in the framework of a press conference at the headquarters of Pro Consumidor, showed the behavior of all products object of the survey carried out by the Central American country, taking as a matrix the information of each nation contained in the database of each of the homologous institutions, such as the price reference per unit and pound of these basic food products.
In the graphs presented it was possible to see that the 21 most influential consumer products in the reference countriesThe Dominican Republic is the country that could instantly acquire them per unit or pound at the lowest cost, taking as a reference the weight of the US currency (the dollar) at the official exchange rate of each of the States.
In addition, it can be seen from the graph that Products such as milk, pork, smoked chops, fresh chicken, eggs per carton of 30 units, potatoes, among others, can be purchased at lower costs than other countries that are part of this survey.
The conclusion of the study indicates that although it is true that inflation has affected all the countries of Central America and the Caribbean, including the Dominican Republic, it would have a lower cost in total consumption than the other reference countries, which coincides with the data shown by the Central Bank of the DR, which indicated that interannual inflation has been reduced to 5.90%.
Alcántara indicated that he has held conversations with the heads of the institutions that have to do with the production and supplies of food in the country, “and they have assured that the supply is guaranteed for the next 18 months in the Dominican Republic.”