Caribbean Broadcasting Corporation

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BCCI Head says food prices rising still

May 27th, 2022

The Head of the Barbados Chamber of Commerce and Industry suggests the current situation impacting food prices is worsening rather than improving.

President Anthony Branker says prices continue to be impacted by a combination of issues and are rising still.

He says freight rates have also not yet returned to pre-COVID levels and fuel prices remain erratic leaving the environment volatile.

Mr. Branker stresses it’s not as easy as it seems to seek another supplier for certain products as commodities trade on the world market and prices are based on supply.

His comments came on CBC TV8’s Face It and Fix It.

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