Thursday 26 November, 2020

Supermarkets, manufacturers commit to affordable food prices

The Trinidad and Tobago Manufacturer’s Association (TTMA) and the Supermarket Association of Trinidad and Tobago (SATT) have committed to ensuring consumers have access to the most affordable prices on food items and other goods.

The reaffirmed commitment follows a meeting between both Associations to discuss the supply chain disruption of food supply, consumer demand and the call to support local.

In a joint statement, both SATT and TTMA committed to ensuring consumer confidence throughout the COVID-19 pandemic.

They assured the continuation of robust strategies focusing on the careful management of consumer confidence in the high standard and quality of consumables produced locally, as well as the availability of goods for the population.

Both Associations said efforts are being made to ensure that affordable pricing remains crucially accessible to consumers, while maintaining ongoing discussions with the present administration to increase the ease of doing business.

Further, they said all parties recognise that it has been a difficult period of adjustment for businesses and consumers throughout the pandemic.

In this regard, the Associations said initiatives that revolve around consumer livelihood are close to the agendas of both manufacturers and retailers to create as stable an environment for national consumption.

The SATT and TTMA said while challenges will crop up, both parties will navigate and resolve these issues with the consumer’s interest at the forefront.

The Associations agreed to further discussions to ensure that the eventual success of these strategies lead to fruitful outcomes.

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