Spajić sees in "Lidl" a solution to suspicions that retail chains in Montenegro agree on prices

The Prime Minister responded to one of the users on the X network, who asked him what he would do about "the state raising wages, they (retail chains) raising margins", after which, as he wrote, "balance 0"

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Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

D.C.

05.01.2024. 20:31h

Prime Minister Milojko Spajić said that the German company "Lidl" could resolve "doubts that food prices in Montenegro are being 'raised' by an agreement between retail chains".

One of the users on the X network asked Spajić what he would do about "the state raising wages, and they (retail chains) raising margins", after which, as he wrote, "the balance is 0".

Spajic answer — photo: Twitter/Screenshot

Radio Free Europe (RSE) announced yesterday that, according to official statistics, food prices in Montenegro have risen by 43 percent in the last three years.

Along with the increase in food prices, the earnings of four of the five large retail chains also increased manifold: Voli, HD Laković, Idea-Franca and Aroma.

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According to RSE, the owners of four chains earned 20 million euros last year alone.

In Montenegro, according to the law of 2006, market prices are freely formed.

The German ambassador to Montenegro, Peter Felten, said in today's interview with "Vijesta" that the retail chain Lidl wants to open its grocery stores throughout the country as soon as possible.