Cuban government reduces prices on 24 basic goods

Posted by admin on Aug 15th, 2009 and filed under Cuba. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

The Cuban government is implementing a price reduction of up to 20 percent on 24 basic goods sold at foreign-currency stores, including food products like ground meat, chicken and canned milk, as well as soap and toothpaste.

According to documents obtained by El Nuevo Herald, last Wednesday trade officials began implementing “centralized discounts” from five to 27 cents per CCP (Convertible Cuban Peso) on most items. The markdown could be as high as 2.85 CCP on some products and brands.

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James Emery

James Emery

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