First food now this

[NewsWhore]

First it was food, and then it was construction materials. Now medicines are the latest products to experience steep price increases. In some cases, according to pharmacies, high demand medicines have experienced 9% and 36% hikes. Although price increases seem to be constant, so are the excuses to justify the skyrocketing prices. Ho Chi Vega, president of the Dominican Association of Pharmaceutical Industries (Infadomi) and vice president of the Association of Pharmaceutical Representatives, Agents and Producers (Arapf) Fernando Ferreira say that the increase in raw materials and the devaluation of the dollar, among other things, are behind the price increases. Ferreira says that the equation is simple, considering that producers need to find more money to buy raw materials.

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