Latin America, Caribbean consumers must stop buying overpriced imported food – buy local! – Minister Saboto Caesar

(St. Vincent Times) The Minister of Agriculture of St. Vincent and the Grenadines, (Saboto Caesar) has asked consumers in Latin America and the Caribbean to refrain from buying what he considers to be overpriced imported food and to switch to a diet reflective of local consumption.

The Minister commented that “there are many multinationals which are milking the system on the back of a global supply chain disruption excuse.

“We are witnessing unreasonable price increases by some local supermarkets and other retailers, as many try to make up for declines in their profit margins experienced in the early days of the Covid-19 pandemic period. I am not suggesting that current high oil prices are not having a knock-on effect on commodity prices. While that is true, and inflation is real, there is clear evidence that unfair pricing is on steroids.”

Read more at: St. Vincent Times

Source: CARICOM TODAY