Cuba informal FX volatility passes through to imported beer prices in Matanzas

In Matanzas, Cuba, imported beer prices are being adjusted frequently to reflect swings in the informal dollar exchange rate, as importers pass on currency depreciation to consumers. The report highlights the de facto dollarization of pricing and the erosion of purchasing power amid a weak official currency. This signals persistent macroeconomic stress and a widening gap between official and informal exchange rates.