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Santo Domingo.- Despite consumer complaints about rising prices of essential goods, the director of the National Institute for the Protection of Consumer Rights (ProConsumidor) assures that efforts are being made alongside the government to stabilize prices.
In recent months, citizens have expressed frustration as their earnings often fall short of covering basic food costs.
A tour conducted by CDN in Santo Domingo markets revealed that merchants and consumers report ongoing price increases for staple foods, particularly rice and onions.
Eddy Alcántara, executive director of ProConsumidor, after meeting with directors of rice factories who confirmed sufficient supply, stated that the institute is committed to maintaining price stability.
Source: CDN
I thought that this guy was going to do a good job because of the way that he spoke at the Z101 radio show. But I am very disappointed with him. He lies all of the time about the price of food. 3 Months ago a little of Olive Oil cost me 584 pesos and 2 weeks ago that same bottle was priced at 1050 pesos. Almost an 100% increase in price just this year.
It is rarely said or pointed out what is the reason for the rising prices. The usual comeback, it is because of inflation. What factors are pushing the inflation? You can bet one of many factors is “greed”.