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View Full Version : Basic foods up 10.8%



NewsWhore
02-26-2007, 05:30 PM
The cost of the basic family food basket has climbed by 10.8% over the last two years, and is currently pegged at RD$18,189.43, Even with the last offer of a 9.30% increase in the minimum wage, the most a minimum wage earner can make in the private sector would be RD$6,996.20 per month. Since 2000, the cost of basic foodstuffs has gone up from RD$7,540 to RD$18,021 in December 2006. According to Central Bank indicators, even with the 30% increase in the minimum wage that workers' unions are requesting, the highest paid minimum wage job holder would only bring home RD$8,320.

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