Ryan Ba­choo

The Trinidad and To­ba­go Man­u­fac­tur­ers’ As­so­ci­a­tion (TTMA) has com­mend­ed its mem­bers, Nu­trim­ix, Na­tion­al Flour Mills and Sheik Lisha Lim­it­ed for an­nounc­ing their in­tend­ed price de­crease on flour in the near fu­ture.

A TTMA state­ment said, "The de­ci­sion by these com­pa­nies to re­duce flour prices due to the glob­al de­crease in price of grain in­di­cates that man­u­fac­tur­ers con­tin­ue to be con­scious of the im­pact their prod­ucts have on the cost of liv­ing for con­sumers. The domi­no ef­fect of this glob­al de­crease in the price of grain high­lights the po­ten­tial im­pact of ex­ter­nal fac­tors on man­u­fac­tur­ers."

The as­so­ci­a­tion says it is hope­ful that as the glob­al econ­o­my con­tin­ues to reg­u­lar­ize in its post-COVID pe­ri­od, it will con­tin­ue to have a pos­i­tive im­pact on the con­sumer in the fu­ture.