400 food items received price caps in Slovakia
Retailers are putting a price cap on more than 400 food items on the shelves of the eight largest chain stores in Slovakia in order to moderate inflation.
The introduction of the price ceiling will take effect from Monday. Slovak Minister of Agriculture Samuel Vlčan informed about frozen food prices:
“The anti-inflation guarantee means that each supermarket chain defines roughly 30 to 100 types of food for which it guarantees the same price for three months.
This means a total of 400 unique items”
– writes Infostart.hu.
Related news
Slovak restaurants can serve bear meat
The consumption of bear meat has been allowed in Slovakia,…
Read more >Only two EU countries have higher inflation than Hungary
The European Inflation Outlook of the Private Banker compared the…
Read more >Consumer prices in the euro area rose by 2.2 percent in April, following March
The annual inflation rate in the euro area was 2.2…
Read more >Related news
Viktor Orbán: we will introduce margin reduction for new products as well, if necessary
The margin regulation must be maintained because people must be…
Read more >Healthy meat products rich in fiber and protein have been developed in Debrecen
A new product line consisting of health-promoting, fiber- and protein-rich…
Read more >German retail sales fell month-on-month in April
In Germany, retail sales fell by 1.1 percent in real…
Read more >