In one year, consumer prices on the island has increased to 2.6% and unemployment rate has increased to 10% .
Both figures are come as a result of the 44-day strike in 2009. The Lyanaj Kont Pwofitasyon (LKP) – a trade union – complained a year ago about the cost of living. Twelve months later, Guadeloupe paradoxically holds the record high in consumer prices – 2.6% – which is twice the national average and that of neighbouring island, Martinique.
The strike highlighted a number of social demands; however the lack of economic activity during that period had an adverse impact seen today through these figures.
The main services that have increased are petroleum products, fresh produce and transport prices in January. An expexted increase in manufacturing and supply will be seen at the end of the year.
The Guadeloupe community hopes that if the current drought continues it does not cause an increase in prices of fruits and vegetables.
– Clayton Florent, Guadeloupe Correspondent
Dominica could benefit from this situation by selling farming produce to Guadeloupe
The local produce farmers need to form a Co-op & coordinate shipment of produce (and bottled water) to Guadeloupe
to opportuity,then the uwp will say that the little french boy has given the country to the french man.
This is exactly what St. Lucia is doing in the case of Martinique, and right now we are usually flooded with french visitors coming in to shop, so i dont know why Dominica sleeping on them with this one.
sixty million french men could not be wrong.
Does anyone else see the opportunity in this? Dominica should become the shopping center for Guadeloupe and Martinique….. Gov’t make Rosea a duty free / Tax free zone and sit back and watch the ferries come in. Let us make money on the volume. Reach out to the French business men to open up shop in DA….Now that is what the next level looks like.
I couldn’t have put it better myself! Kudos to you ‘Opportunity’ .
for true.