Starting tomorrow, traders will have limited margins on flour, oil, sugar and salt

In the Official Gazette, a decision was published by which the maximum margin in wholesale stores will be limited to five percent, for wheat flour (type 400 and 500), sugar, oil and salt, while the maximum margin on these foods for small stores will amount to seven percent.

The decision comes into force tomorrow, and the Government confirmed it at the session last Thursday.

Earlier, the Market Inspection told "Vijesti" that they will carry out regular supervision in the implementation of this decision, and that fines for non-compliance will be between 500 euros and 10.000 euros.

By limiting the margins, these staples could be cheaper.

Their prices have risen dramatically this year, especially after the war in Ukraine began on February 24. Thus, for a liter of oil at the beginning of 2021, it was necessary to allocate one euro, in January 2022, 1,40 euros, and the price of that product in Montenegrin markets is now between 2,3 and 2,4 euros. A kilogram of flour (type 400) cost 2021 cents in January 40, a year later there was a 50 percent price increase, and now flour prices are around 80 cents. The price of a kilogram of salt is between 50 and 60 cents, while sugar is 95 cents.