Cuban government reduces prices on 24 basic goods

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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