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Jun 10, 2011

Price of flour shoots up

The Ministry of Economic Development and Consumer Protection today announced an increase in the controlled price of flour. The new retail price per pound of La Gitana household flour is now ninety cents in Belize City. In Belmopan and Orange Walk, the price is ninety-one cents while in San Ignacio, Dangriga and Corozal, it’s ninety-two cents per pound. Consumers in Benque Viejo and Punta Gorda will pay ninety-three cents and San Pedro residents will pay ninety-five cents. Retail price for Bebe Agua flour is two cents more across the board. For wholesale buyers, La Gitana flour now sells for eighty dollars per hundred sack and if you buy twenty-five bags or more it’s seventy-nine dollars each. For Bebe Agua flour, it’s also eighty dollars per hundred pound sack and eighty-one dollars if you buy twenty-five sacks or more. The press release warns that any person found guilty of selling above the controlled prices is liable to be fined up one thousand dollars, imprisoned for up to six months or both.

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2 Responses for “Price of flour shoots up”

  1. Fancy E says:

    I am glad that prices are controlled but where are the persons who check that these prices are in fact the ones the consumers are paying? We have been paying more than a dollar per pound of flour in Dangriga and in Hopkins. These business price their goods with whichever price they want. Some one should do checks on these shops frequently and charge them the appropriate fines since they have been making a profit from us for a long time now.

  2. DT says:

    I wish I could get flour for 90 cents a pound! 1.10 is the minimum charged in Belize City & Ladyville.

    How about the Consumer Protection people go round the stores, and prosecute those that are, and have been fleecing their customers for years. While they are at it, check the scales used too, and prosecute them for the innacurate ones!

    never happen – way too many vested interests involved here

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