Wholesalers And Retailers Urged To Be Reasonable In Mark Ups Amid Increasing Food Prices

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Wholesalers And Retailers Urged To Be Reasonable In Mark Ups Amid Increasing Food Prices

Wholesalers and retailers are being urged to be reasonable in their mark ups in light of increasing food prices, especially on basic items.

The government is also assuring it will closely monitor the situation to ensure the welfare of citizens, the poor and vulnerable, and the wider society.

The appeal came from Minister of Trade and Industry, Paula Gopee Scoon, during the weekly post cabinet news briefing held at the Diplomatic Center, St Ann’s Thursday afternoon.

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Minister Gopee Scoon said the Consumer Affairs Division has noticed certain price trends taking place which is not reasonable and going the way of naming and shaming such establishments is not on the agenda at time but will not be ruled out of the mix.

The Trade Minister also explained the national flour mills and the other local private producer have been able to secure sufficient wheat stocks to guarantee the country has an adequate supply of flour for the remainder of 2022.

Minister Gopee Scoon said NFM has also been exploring the feasibility of alternatives wheat types.

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