Barbadians are cutting back to the basic items as the cost of living crunch drags on, reported president of the Barbados Chamber of Commerce and Industry (BCCI), James Clarke.
He said that with the war in the Middle East escalating and already impacting the price of oil, the business community was concerned about the potential for spiralling inflation.
Having already declined Government’s proposal for a third Food Prices Social Compact, Clarke also made it clear that a reconsideration...