Thursday 15 August 2019

Cuban government imposes price controls as it seeks to keep lid on inflation

Cuban government imposes price controls as it seeks to keep lid on inflationCommunist-run Cuba has imposed price controls on goods and services ranging from lemons and pork to haircuts and taxi fares in what it says is an effort to tame inflation as it increases state wages and pensions. On Thursday, prices in Havana were set for some basic foods such as beans, pork, lemons, bananas, onions and cabbage. In recent weeks, regional authorities have slapped price controls on taxi fares, beverages and haircuts, among other items.




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