October 7 (SeeNews) - North Macedonia's government said that it has decided to cap the margins on the sales of dairy products, aiming to slow the growth of retail prices.
The margins on both wholesale and retail sales of cottage cheese, white cheese, mixed white cheese, cheese, sour milk, cream and yoghurt are limited at 10%, the government said in a press release on Thursday.
The government did not provide information regarding the decision's implementation date and its duration.
In June, the government capped the margins on the sales of some basic food products by the end of September in a bid to stifle inflation.. Last month, the government said that the margin caps on the sales of basic food products will be extended until the end of the year.
The margins on both wholesale and retail sales of bread, sugar and sunflower oil will continue to be limited at 5%, whereas margins on sales of flour, pasta made of durum wheat, locally produced white rice, milk and eggs will remain capped at 10%.