• Tuesday, 19 November 2024

Gov’t restricts trade margins of basic foodstuffs

Gov’t restricts trade margins of basic foodstuffs
Skopje, 14 June 2022 (MIA) – Government at its 52nd session on Tuesday decided to determine the highest trade margins of sales prices of basic foodstuffs in wholesale and retail that will be valid from June 15 to September 30, 2022. Under the decision, the highest trade margin shall amount up to 5% of the sales price in wholesale and up to 5% of the sales price in retail, for bread, sugar and sunflower. For flour, pasta, rice, milk and eggs, the highest trade margin shall amount up to 10% of the sales price in wholesale and up to 10% of the sales price in retail, the government said in a press release. The government’s decision to freeze the trade margins of basic foodstuffs is aimed at limiting the price hike in the coming period and protecting the living standard of the citizens.