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Senator Michael Halkitis, minister of economic affairs (centre), meets members of the Consumer Protection Commission (CPC) yesterday. Pictured from L to R are: Roselyn Miller; Shantell Butler; Mr Halkitis; commissioner Walter Ferguson; and Neno Newbold.
Photo: Patrick Hanna/BIS

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Price controls useless to fight ‘staggering’ inflation

Price controls will “do nothing” and prove useless against the “staggering” cost increases facing all Bahamians after US inflation yesterday surged to a 40-year high, a businessman is warning.


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