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Hurricane Price Survey released to prevent price gouging Print E-mail
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Written by Administrator   
Thursday, 07 August 2014 00:00

It took three persons from the consumer protection section of the Belize Bureau of Standards (BBS) one month of work in different parts of Belize to complete, just last month, the Annual Hurricane Price Survey 2014. It offered a comprehensive snapshot of prices of both food and non food items. These items are considered essential in the eventuality of a Hurricane and the Price Survey was a proactive measure by the BBS to prevent the price gouging of customers during such an emergency. For the food items a total of 75 stores were checked and for the non foods, some 25 stores were also checked in both the mainland and the Cayes.

The price of corned beef, sardine, chicken Vienna sausage and potted meat varies depending on the locations within the Country. The minimum price for a seven ounce Grace Corned Beef in Corozal Town is $3.15 and the maximum price is $3.50; getting an average price of $3.35. However; in Punta Gorda the same Grace Corned Beef has a minimum of $3.50 and a maximum of $3.75 and averagely priced at $3.52.

There is a special section for Hygiene items in the price survey on what it would averagely cost for soap, toothpaste, deodorants and other items across the Country.

“The objective of this survey is to basically make the consumers aware of what the prices are like within this particular time of the year; what it also does for us at the bureau, in certain cases there is an emergency and there is some price increase, we can easily identify the location where this pricing is happening,” says Rodolfo Gutierrez, from the BBS. 

Customers who note that there are deviations from these maximums at their stores can contact the BBS at 0-8002-TELL-US or 0-800-283-5587. Headquarters for the BBS is on the 3rd floor of the Diamonds Building on Constitution Drive in Belmopan City.

For a more detailed description of the Price Survey 2014, the downloadable documents are now available for viewing at www.bbs.gov.bz or by visiting Facebook and inserting the name, Belize Bureau Standards.