The Barbados Egg and Poultry Producers Association (BEPPA) does not believe consumers benefited from its members selling poultry at a ten per cent discount over the past five months.In fact, president Stephen Layne told Barbados TODAY that it appeared that supermarkets and other retailers benefited more from the price reduction than those for whom it was intended.He said this was one of the two main reasons BEPPA believed the Social Compact signed with the Government last July – under which the private sector agreed to limit their markup on certain goods and produce from August 19, 2022, to January 31, 2023, to reduce prices – was unsuccessful.“We thought that we could have made an impact on the consumers that were least able to purchase, but most of those savings would have gone into the supermarkets . . . . My price check on that is that . . . I wasn’t seeing any significant [difference in the] markup . . . so that was a major concern to us,” he said.
