State regulation of prices for a number of products is introduced in Belarus

Published 2021년 6월 7일

Tridge summary

The Ministry of Antimonopoly Regulation and Trade (MART) of Belarus has imposed price limits on several products including pearl barley, meat offal, sausages, canned food, live and frozen fish, margarine, garlic, sweet pepper, instant coffee, black tea, and table salt, due to a surge in global food prices. The maximum price increase for these products has been set at 25%.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Ministry of Antimonopoly Regulation and Trade (MART) of the Republic of Belarus on June 1 introduced a cost limit for a number of products. The department announced this on its website on June 7. "The decree introduces price regulation for such products: pearl barley, edible meat offal, semi-smoked sausage, boiled-smoked sausage, canned stew, canned stew, live fish, frozen fish (fillet and cut), margarine, garlic, sweet pepper, coffee instant, black tea, table salt, "the message says. The premiums for a number of products were also limited to 25%. In MART, what is happening is associated with the rise in world food prices. "According to the World Bank, in May 2021, prices for coffee in annual terms rose to 24.4%, tea - ...

Source: Zol