Monday, 30 November 2020

Buyer Beware of Pricing Differences!

Denuncias-de-consumidores-thesavvyshopperblog.com_

If you take for granted that competition will ensure you the best price for your purchase, you might be in for a shock, as the Ministerio de Economía, Industria y Comercio (MEIC) – Ministry of Economy, Industry and Commerce – found in their latest survey of 25 retailers in the Gran Área Metropolitana (GAM) – Greater San José Area.

The MEIC found price differences of up to 78% on identical items and up to 292% on similar items.

- Advertisement -

The MEIC found a difference of up 229% on similar coffee products, 229% on similar rice cookers and 228% on similar frying pans, for example.

For example, an LG LCD flatcreen television going for ¢149.900 at Importadora Monge in Cartago and ¢267.500 at Hogar Feliz in Heredia: difference ¢117.600 colones or 78%.

Diferencia de precios en artículos

For the full report click here (The link will take you to the MEIC pdf file)

- Advertisement -

The MEIC says it also found irregularities in credit terms and payment plans.

Buying on credit can increase the purchase price with rates of up to 64% annual interest. The MEIC report found that a 34% annual interest was the lowest offered.

MEIC deputy minister, Luis Alvarez, is calling on consumers to shop around and file a complaint if case of problems.

To report a consumer problem, the MEIC can be reached by telephone at 800-266-7866 (toll free in Costa Rica), their website at: http://meic.go.cr/  or in person at: Sabana Sur, 400 m  West of the Contraloría General de la República

- Advertisement -
Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

[BLOG] Costa Rican Electric Company – General Maintenance Procedures

During my fifteen plus years of living in Costa Rica, I...

Heliport, Money and Weapons in Costa Rica

Following reports by residents of Las Asturias de Pococí about flyovers...

MOST READ

This week begins the transition to the dry season in the Central Valley and Guanacaste

QCOSTARICA - The transition to the dry season in the Central Valley and the Guanacaste (North Pacific) will begin this week, as these areas...

chorotega Region promotes campaign to promote mental health and prevent suicidal behavior in times of COVID-19

QCOSTARICA - Product of the joint work of the Ministry of Health (through the Health Governing Area of ​​La Cruz), Universidad Estatal a Distancia...

New step against evasion? The Treasury will have a closer look at taxpayers

QCOSTARICA -  Taxpayer movements with the Treasury will have more controls as of December 1, with the addition of the 13-digit code known as...

Protesters set fire to the Guatemalan Congress

Q24N - Hundreds of Guatemalans burned Congress headquarters on Saturday in protest at the approval of the budget for 2021, the highest in the...

Carlos Alvarado and Claudia Dobles working from home after having ‘indirect’ contact with a person with covid-19

QCOSTARICA - Costa Rica President, Carlos Alvarado, and his wife, Claudia Dobles, are working from after having had “indirect” contact with a person with...

The bicycle, fashion in Costa Rica in times of covid-19

QCOSTARICA - The bike (bici in Spanish), in fact, along with masks, face shields, alcohol gel and hand washing liquid soap, is one of...

Let's Keep This Going!

To be updated with all the latest news and information about Costa Rica and Latin America.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.