The Serbian government reduced the prices of about 700 products
In order to improve the living conditions of those in a worse financial situation, the Serbian government has significantly reduced the prices of about 700 products, according to reports, the prices of designated food and cleaning products will remain low from Sunday until the end of October.
The price of products (potatoes, apples, honey, ice cream, peas, diapers, shampoo, detergent, meat, fish, cold cuts, rice, eggs, cheese) decreased by an average of 26.82 percent, announced Prime Minister Milos Vucevic, who also announced that that households can thus save approximately 8-22 thousand dinars (27-74 thousand forints) per month.
The prime minister said that an agreement was reached with nine commercial chains, so that the products with the “best price” label will be available in more than 2,500 stores across the country, which will thus be available even cheaper than the discount prices.
Last September, the Serbian government also announced a similar action in order to mitigate the effects of high inflation. Then the prices of the products were reduced by about 30 percent between September and December.
Related news
Accelerating inflation in Hungary: brutal food price hikes and measures of questionable effectiveness
Inflation in Hungary accelerated again in February 2025: consumer prices…
Read more >Analyst: Food pricing, which involves huge extra profits, must be brought within reasonable limits
Food pricing, which represents a huge extra profit for food…
Read more >Róbert Zsigó promises serious control of margin restrictions
We will protect families and pensioners, we will prevent unjustified…
Read more >Related news
Gift ideas from AI
Just before Christmas Target’s generative AI-powered Bullseye Gift Finder made…
Read more >Plant-based products can substitute meat, eggs and milk for a more sustainable future
A growing number of people are choosing plant-based products instead…
Read more >The Nutriment Company buys German pet-food business BAF
Acquisitive pet-food group The Nutriment Company has acquired BAF Petfood…
Read more >