Honduras: Commodity Prices Fixed

The government has extended the price freeze on seven basic food products, including red beans and ground beef, for 30 days.

Friday, February 6, 2015

From a statement issued by the Government of Honduras:

The Government of the Republic of Honduras through the Ministry of Economic Development informs the Honduran population in general, that it has been determined by Ministerial Agreement to establish throughout the national territory the maximum retail price for popular consumer products for a period 30 days.

Based on monitoring conducted by the National Observatory on Food Security (ONSSA), attached to the Directorate General of Consumer Protection, an unjustified rise has been detected in the following products, which from this day will have a maximum sales price for end consumers:

Basic bean grains, except silk, $0.69 per pound, beef: ground beef $2.44 per pound and prime rib $1.98. A pound of liver $1.27, heart $1.16, kidney $0.93 and tail $1.98.

More on this topic

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Given the announcements made by butchers about the possible increase in the price of beef, the Diaco announces that it has begun operations to prevent speculation.

The Direccion de Atención y Asistencia al Consumidor (Diaco), an agency of the Ministry of Economy, informed that it has begun operations to verify red meat prices nationwide, warning that it will not tolerate any abuse and price speculation.

Basic Basket: Prices Fixed in El Salvador

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In the context of the covid-19 crisis, the Salvadoran authorities decided to establish a maximum price for all products in the basic basket.

The Consumer Defense Office has selected beans, corn, rice, milk and eggs as essential products, which must be kept at accessible prices in the local market.

Honduras: 30 Day Price Fix for Staple Foods

December 2014

The government has set maximum prices that may be marketed, for the next 30 days, on fifteen basic food products, including pork, eggs, beans and coffee.

The Ministry of Economic Development has classified the most consumed products at this time of year in order to avoid increases and maintain price stability. The measure takes effect from today in all markets in Honduras.

Panama: Food Price Margins to be Controlled

June 2014

Starting July 1st controls will be applied on the maximum prices of products in a list of 22 staple goods.

Sirloin steak, rib steaks, ground beef, shanks, breast, pork chops, chicken, tuna, sausage, high quality rice, macaroni, bread, onion, yam, potato, domestic tomato, cassava, beans and lentils, are some of the goods whose prices will be controlled by the State, by decree in force from July 1, 2014, the first day of the new administration.

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