By L. Arias
Before you rush out to your nearest department store to get mom that fancy espresso machine she’s been eyeing, do a little research. Your pocketbook will thank you.
The price of a Mother’s Day gift can vary as much as 71 percent depending on where it’s bought, according to a study by Costa Rica’s Economy Ministry (MEIC). Inspectors from MEIC’s Consumer Protection Office visited 192 businesses in the provinces of Alajuela, Heredia, Cartago and San José from July 28 to 31 and compiled prices of various gift options, including clothes, shoes, jewellery, home appliances, electronic devices and others.
Among items surveyed, MEIC inspectors evaluated prices of 204 models of nine appliances. In some cases the price of identical items — same product, same brand — varied hugely from store to store. For example, the price of a Proctor Silex coffeemaker ranged from ₡20.900 to ₡32.900 ($38.70 to $61) — a 71 percent difference.
Inspectors also compared similar products but different brands and found that price differences were even bigger. For example, inspectors surveyed the price of flat irons and found prices ranging from ₡4.624 ($9) for a Sankey model to ₡51.103 ($95) for a Remington — a 1,005 percent difference.
Economy Vice Minister Geannina Dinarte Romero … continue reading
Via:: Tico Times