Will the Government limit the margins of retail chains: Price increases are everyday

For employers, the proposal is unacceptable because they consider it to be a huge number of products and interfering with their work

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Some of the products, Photo: Screenshot/TV Vijesti
Some of the products, Photo: Screenshot/TV Vijesti
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

Next week, the Government should decide whether to limit the margins of retail chains.

For employers, this proposal is unacceptable because they consider it to be a huge number of products and interfering with their work.

They say that this is not the right way to help citizens and offer their suggestions on how to systematically and permanently overcome the price increase, which surprises us almost every time we enter a store.

In just one year - from February of last year to February of this year, prices increased by 4,3 percent, according to the latest Monstat data.

And while we had stronger growth last year, in February we paid 0,4 percent more for the same products than in January. Citizens also complain about daily price increases.

The Ministry of Economic Development has prepared a proposal to limit margins from five to 15 percent for a portion of basic foodstuffs and personal hygiene products.

Minister Nik Đeljošaj announced that the Government will consider this next Thursday, March 21.

Although in the meantime they are negotiating with retail chains about modalities, Đeljošaj said that the margins will certainly be limited.

The Union of Employers is expressly against this proposal.

"This is unacceptable, since it is about a huge number of products and a rather atypical intervention by the state and the making of certain decisions instead of economic entities. The Ministry of Economic Development takes over their role and rudely interferes in their business policy," said Filip Lazović from the Union of Employers. .

Lazović believes that this can lead to some disruptions in the market, and that it will represent a particularly strong blow for small traders and put their survival in question.

He says that this is not the right way to help citizens - because the measures apply equally to those who have a lot, as well as to those who have very little.

"We produce very little, that's why we are dependent on imports and we cannot influence the creation of prices, and the second thing is that in Montenegro we still do not have a social card, so the state still does not have those citizens who are really in a state of need mapped," he said. is Lazović.

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