Development Minister Kostas Skrekas spoke to SKAI and the Today show regarding average price reductions of 15% in specific product categories thanks to the measures taken by the government from March 1.
“We had a de-escalation in household cleaners, detergents, personal hygiene products, baby diapers, baby milk (…) 3,912 codes” noted the minister. From March 20, a similar measure will also apply to menstrual products.
“Certainly we have products where prices have fallen more, and products where prices have fallen less” he explained.
Regarding baby milk, he said that “we have put a profit cap on the companies that sell baby milk, and there we have seen prices drop by 15%.” “A company that sells baby milk only in pharmacies has reduced the price by 30%,” he said.
“The three-month ban on promotions, on product offers that have previously been overpriced, is another important measure that has prevented thousands of unjustified overpricing. This measure for the month of February has reduced the products which were revalued by 80%”, he emphasized.
For fresh products, the minister mentioned that there is the measure “net prices from the field to the shelf” which also applies from March 1.
“We have made it mandatory for all middlemen who buy the products from the producer to the supermarket to sell on the invoices at net prices without discounts or service invoices that ultimately cloud the picture so that we can have transparency in the prices of the supply chain and control them much more easily for filthy lucre” noted Mr. Skrekas.
“We are not complacent, nor do we say that we have solved the problem of punctuality, the battle once morest punctuality is ongoing, but Greece has taken the most, the most drastic measures to deal with the problem” said the minister.
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