Colors of the morning: Margins or lack of production, what is the cause of the price increase?

Employees of the Post Office stop working by the hour, demanding higher wages

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

In August of this year, compared to July 2019, food prices were 46 percent higher. While, on the one hand, the Government claims that the biggest culprit for the daily rise in prices is the growth of trading margins, that is, the profit of traders and importers, on the other hand, the Trade Committee of the Chamber of Commerce claims that the primary reason is that Montenegro does not have its own production and that it is import-oriented, as and the fact that we are a small market for which the same import conditions do not apply as for large countries that have their own large production and large trades, so imported products are offered to them under incomparably better conditions.

What influences price formation at the moment? Are prices dictated only by retail chains? What could Montenegro produce in sufficient quantities to form commodity reserves? How much arable land was used? Could there be shortages and higher prices of pork due to African swine fever in the region?

In the Colors of the Morning on Thursday, September 21 and these topics:

• How dangerous can a poisonous snake bite be?

• Employees of the Post Office stop working on an hourly basis, demanding higher wages.

• Vaccination against HPV for girls up to 18 years of age.

• Can cultural events revive the spirit of old Podgorica?

• On the Skadar Lake, the Chuna Festival is held on Friday.

• On the occasion of World Car Free Day, a bicycle ride will be organized in Podgorica.

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