Government allows some higher food prices

NEWS 30.09.2022 11:39
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Source: Pixabay

The Serbian government decided to allow retailers to raise the prices of some foodstuffs and keep the lower duties on fuel in place.

A government press release said that limits on fuel prices would remain in place because the market is deemed to be unstable with the lower duties remaining for another 30 days.

Sugar prices were raised because of higher production costs along with the prices of chicken meat.

The government also extended the ban on exports of milk and milk products for another 30 days to help deal with the milk shortage.

The Serbian government has limited food and fuel prices over the past few months following Russia’s invasion of Ukraine.