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Price caps for sugar, eggs and rice possible next week, says Economy Minister

Price caps for sugar, eggs and rice possible next week, says Economy Minister

Skopje, 10 March 2023 (MIA) – Analyses will be carried out next week and we will determine whether to cap the prices of sugar, eggs and rice, said Minister of Economy Kreshnik Bekteshi at a press conference Friday.

 

Bekteshi said that the prices will most likely be capped if the producers don’t lower them.

 

According to Bekteshi, the analyses of the trade sector and the economic chambers showed that the majority of companies use the maximum margin and in a way work together to avoid lowering their profits.

 

 “All analyses of the trade sector and the chambers have shown that the majority of companies use the maximum margin and in a way work together to avoid lowering their profits, which is why we decided to cap the prices. Only the prices of sugar, eggs and rice remain, which we will analyze next week and whose prices will most likely be capped if the producers don’t lower them,” said Bekteshi. ad/nn/