Consumers May Soon See Price Drops From Suspension Of CET on Essential Foods

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Food Items, Basket of Goods

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Consumers could begin to see lower prices on groceries within weeks following the government’s suspension of the Common External Tariff (CET) on a range of essential food items.

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Director General of Communications Maurice Merchant said during Thursday’s post-Cabinet press briefing that the suspension—approved under a CARICOM-wide arrangement—is intended to cushion the impact of global food price increases and provide direct relief to households.

“We should be seeing some price reduction at this time,” Merchant said, noting that it usually takes “a month or two” for the effects to reach the shelves, depending on how quickly supermarkets sell their existing stock.

The Prices and Consumer Affairs Division has been instructed to monitor compliance and report back to Cabinet within 30 days on whether the price reductions are being passed on to shoppers.

The list of zero-rated and CET-suspended items includes fresh vegetables, fruits, potatoes, carrots, peas and legumes, canned proteins such as sardines and corned beef, infant foods, cereals, and cooking oils. Merchant said the measure will be fully implemented by January 1 once the necessary documentation is finalized.

He confirmed that the government is considering expanding the list over time and introducing complementary legislation early next year to restrict sugary drinks as part of its broader healthy-living campaign.

Merchant said the Gaston Browne administration remains committed to ensuring that “the benefits of government policy interventions are directly felt by the people of Antigua and Barbuda” through lower prices and improved food security.

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1 COMMENT

  1. I am willing to bet my last dollar, prices will not change any time soon. These wicked Supermarket owners will tell you for the next how many months these are old stock (don’t be surprised it might even be for a whole year) they cunning too bad. ANR not going to like to hear this. Even though I have no facts I sometimes wonder if people at Consumer Affairs get their palms grease to make fools of us because every time I go Supermarket I pick up practically the same items and my bill never decreases. Something just nar add up

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