2023-05-27 15:46:51
Cuban state authorities in the central province of Villa Clara revised this week the “cap prices” and increased the cost of rice, from 90 pesos to 150 Cuban pesos per pound, according to information from state media. In fact, of the 20 “topped” products, nine of them went up in price.
In a meeting Led by Governor Alberto López Díaz, of the 20 products found, only three fell in price, being pumpkin from 14 to 12 pesos per pound, cucumber from 20 pesos to 15, and guava from 35 to 30 pesos. Eight maintain the same cost, while the majority, nine, have gone up in price, including rice, an essential grain for the Cuban diet.
How were these prices according to the officiality of Villa Clara? Malanga Guagüí: $60, Malanga Colocasia: $35, Vianda Plantain: $25, Burro Plantain: $10, Sweet Potato: $20, Cassava: $14, Pumpkin: $12, Cabbage: $20, Cucumber: $20, Pepper: $55, Tomato Consumption: $60, Rice Consumption: $150, Black Beans: $130, Colorado Beans: $140, Dry Corn: $50, Corn Flour: $65, Sweet Corn (cob): $15, Guava: $30, Bomba Rayona Fruit: $20 and Pineapple: $20.
PRICES IN CUBA
In this regard, the local radio journalist, Jesús Álvarez López, expressed his opinion on networks that the increase in prices by the state was not “the fault of the law of supply and demand”, since it was one thing to take into account the market and another very different “is to surrender to the market and let it decide everything, ignoring the regulatory role of the state”.
“Those who have been entrusted with the enormous responsibility of regulating prices should take good advice to avoid blunders in a matter where errors are costly, taking into account not only the true cost of production but also what is happening there in the market,” he added.
Finally, he pointed out that the state authorities should be led by “those who sell the cheapest products and in this way we not only avoid abuse but also force the inefficient to reduce the cost if they do not want to go bankrupt.”
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