Dominican Republic among countries least affected by regional inflation

The Dominican Republic is one of the countries in Central America and the Caribbean least impacted by inflation in the cost of essential food products, according to the latest report from the General Directorate of Consumer Protection of Honduras.

The report was released 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 of bulk consumption in each of the countries that make up the Central American Consumer Protection Council (Concadeco).

Alcántara, who presented within the framework of a press conference at the Pro Consumidor headquarters, showed the behavior of all the products subject to the survey carried out by the Central American country, taking as a matrix the information of each nation contained in the database from each institution, such as the price reference per unit and pound of these primary food products.

In the graphs presented, it was possible to see the 21 most influential consumer products in the reference countries. The Dominican Republic is the country that could instantly acquire them per unit or pound with the lowest costs, taking the weight of the United States currency (the dollar) as a reference. ) at the official exchange rate of each of the States.

In the graph, it was also possible to verify that products such as milk, pork, smoked chop, fresh chicken, eggs per carton of 30 units, and potatoes, among others, can be purchased at lower costs than the other countries that are part of this survey.

The conclusion of the study indicates that although inflation has indeed 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 had 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.”