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Reading: Lower Food Prices By Up to Ten Percent
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Sarajevo Times > Blog > BUSINESS > Lower Food Prices By Up to Ten Percent
BUSINESS

Lower Food Prices By Up to Ten Percent

Published: May 4, 2013
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supermarketCitizens could soon mark a slight decrease in prices of basic consumer goods. Thus, oil, sugar and flour on supermarket shelves would be ten percent lower.

Gordana Bulić, President of the Board of Directors of the BiH Alliance for Consumer Association, said that the only way to maintain flow and sale of goods is to respond to the current situation of BiH consumers.

“I hope that the reduced price reflects an interest to establish a stabilization of the market and thus consumers are provided with larger purchases, which would activate production and trade in the future’’, said Bulić.

She said that for consumers and producers of small profits and safe traffic is better than high earnings and general stagnation and collapse.

“Now, when people are living on the margins, manufacturers and retailers, in order to maintain existing business, have to reduce their appetite for profit have to establish normal and reasonable prices’’, said Bulić.

Although the trend of prices is much higher than price cuts, lower prices of these foods are a great relief for citizens’’, said Bulić.

“The price of some products that we had earlier was unjustifiably high. After a price increase, manufacturers and traders kept it that way, instead of decreasing prices. Due to this, any downward trend is welcome by citizens’’, said Bulić.

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