Updated Maximum Prices for Essential Goods in Aruba

As of November 16, 2024, the government of Aruba has implemented new maximum prices for a range of essential products. This price regulation aims to protect consumers from excessive costs while ensuring fair trade practices among retailers. Below is a detailed summary of the key updates, categorized by product type.

Key Changes in Maximum Prices

1. Rice (NIKA)

Different varieties and pack sizes of rice have been capped at the following rates:

• Long Grain White:
  • 12/2 lbs: Afl 2.66 per package
  • 3/20 lbs: Afl 29.99 per package
• Parboiled Rice:
  • 6/10 lbs: Afl 16.57 per package
  • 3/20 lbs: Afl 34.37 per package

2. Cornmeal (PHOEBE)

The popular cornmeal/funchi now has maximum retail prices:

• 12/2 lbs: Afl 6.01
• 24/1 lbs: Afl 3.35

3. Baby Food (HEINZ)

Parents can benefit from capped prices on baby food, including popular flavors like banana and tropical fruits:

• 24/113 gr: Afl 2.10 per jar

More Essentials with Regulated Prices

4. Powdered Milk (ANCHOR)

Instant whole milk powder now has a capped price of:

• 12/900 gr: Afl 15.61
• 6/2.5 kg: Afl 41.18

5. Tuna (CHICKEN OF THE SEA)

The staple chunk lite tuna in water is priced at:

• 12/7 oz: Afl 4.74

6. Oatmeal (PHOEBE & TONNING)

For quick-cooking oats and rolled oats:

• PHOEBE, 8/42 oz: Afl 13.03
• TONNING, 48/250 gr: Afl 1.66

Understanding the Price Regulations

The updated maximum prices aim to control inflation and ensure affordability for everyday items. Businesses are required to adhere to these price limits to prevent overcharging. This regulation is part of Aruba’s ongoing efforts to protect consumer rights.

For any questions about price compliance or adjustments, the Department of Economic Affairs can be contacted at 5212423.

Next Updates and Price Adjustment Requests

• Next Price Publication: November 30, 2024
• Deadline for Price Adjustment Requests: November 23, 2024

Impact on Consumers and Retailers

These updates provide transparency and consistency in Aruba’s retail market, ensuring fairness for both consumers and sellers. Shoppers can confidently purchase these essential goods at the regulated prices, fostering trust in local businesses.

Conclusion

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