Serbia's foreign and domestic trade minister says prices will not be allowed to rise

Serbia ensures that its citizens can buy basic foodstuffs at the lowest prices in Europe through price controls, Serbia's Foreign and domestic Trade Minister Aleksander Momirovic said, according to a report by National Radio and television on December 27.
Serbia ensures that its citizens can buy basic foodstuffs at the lowest prices in Europe through price controls, Serbia's Foreign and domestic Trade Minister Aleksander Momirovic said, according to a report by National Radio and television on December 27.
Speaking after a meeting with representatives of Serbian retailers, Momirovic said the government is fully aware of the excessive price increases and stressed that inflation is high across Europe. Serbia is not at the top of Europe's price rises. Through price controls, Serbia has one of the lowest, if not the lowest, prices for basic foodstuffs in Europe. The government will not allow prices to rise wildly, especially for basic foodstuffs. The Ministry of Trade is working hard to make a decent New Year and Christmas meal affordable.

Retail representatives said supplies were good and there would be no problems in the run-up to the New Year and Christmas. '2022 is a very challenging year, especially in terms of ensuring continuity of supply,' said John Popovich, president of the Retail Supply Chain Association. Through the efforts of the entire supply chain, we managed to ensure continuous supply for all our retail stores. It should be noted that, in any case, we will all be satisfied at the end of the year because we have achieved stability in all food supplies. There are no signs of instability for the next two or three months, and consumers have no reason to be anxious about any product in retail stores.