Low inflation? Not on my receipts!
THE EDITOR, Sir:
The Holness administration, like its immediate predecessor, has been shouting from the rooftop about its achievements in reducing inflation and foreign-exchange rates.
I thought accomplishment of these macroeconomic objectives would result, at least, in some noticeable level of price stability, if not reduction, for the average consumer. What I've experienced, however, seems to be the very opposite. For example, the exchange rate used by the Jamaica Public Service Company is $131 and Petrojam's mysterious petrol pricing madness is allowed to continue trending northward.
The prices of the things I buy routinely at local supermarkets just keep going up - and not by a few cents, but multiple dollars at a time.
Could the Government please explain and also tell us how soon to expect some relief?
D. GRAY
