CUBA NEWS
May 25, 2004

FROM CUBA
Price increases announced for dollar stores

HAVANA, May 21 (Ariel Delgado Covarrubias / www.cubanet.org) - The Cuban government has finally specified the extent of the price increases it proposed to impose in dollar stores after U. S. president Bush announced new measures his government would adopt regarding Cuba.

A circular addressed to the managers of all dollar stores on the island dated May 17 and signed by the Vice-Minister of Internal Commerce stipulated the increases by product lines, with most prices rising 10 to 15%, and some up to 50%.

Foodstuffs, such as oils, baby food, cereals, preserves, sausages, crackers, honey and syrups, milk derivates, soups, sauces and dressings, soft drinks, candy, and meat products except for chicken which already went up recently, were all to increase in price by 10%.

Others, such as vinegar, cooking wine, dried fruits, olives, capers, and spices go up by 15%.

All cosmetics and personal hygiene products will increase by 10%, except for soap, which will go up between 14 and 33% depending on quality, and laundry soap which will go up between 12 and 20%.

Clothing will go up between 10 and 15%. Baby and children's clothing will increase 10%; adult clothing 12%; underwear 15%. Shoes mostly will go up 15%; children's shoes, sneakers and slippers 10%.

Hard lines, including appliances, accessories and parts; furniture and bedding; hardware and most household goods; foreign books; video tapes and audio cassettes; all go up by 10%.

All office supplies, including the likes of calculators and telephones, their accessories, parts and supplies; photographic equipment and supplies; toys, and bicycles, increase 15% from their prices as of May 10.

Automotive goods, spare parts, batteries, and tires; as well as construction materials go up by 10%.

Domestically-made tchotchkes usually bought as souvenirs increase 30%, imported ones 20%. Imported cigarettes are up 20%; domestic alcoholic beverages (except for Havana Club rum) go up 10%, imported ones 25%.

All items-one price stores also will increase their prices as follows: what used to be one dollar will now be 1.50; what used to be 2 goes up to 3; 3 goes up to 4; 5 increases to 7; and 10 dollar items will be 12. The increases here go from 20 to 50%.

Nueva Circular del MINCIN en Cuba y los nuevos precios

 

Versión original en español

 

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