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Martinique Expands Price-Shield to 180 Items as New Basket Takes Effect

Authorities say the move crowns three months of talks with retailers, wholesalers plus consumer groups.

Overview

  • The agreement signed on September 15 expands the annual, negotiated scheme that moderates prices on everyday goods.
  • The new list adds 14 school-supply products that were previously outside the program.
  • A dedicated 36-item DIY basket launches across seven retail chains, taking cues from a model used in La Réunion.
  • Consumer associations selected the included products, according to the regional prices and margins observatory.
  • The prefect said negotiations will open in the coming weeks on a car-parts and vehicle-maintenance basket, as Insee reports prices up 0.8% year over year in July and food costs about 40% above mainland France.