Moldova regulates retail prices for 'borscht set' vegetables

Late last week, the Commission for Emergency Situations of the Republic of Moldova decided to limit the trade mark-up in Moldovan retail for vegetables of the “borscht set”; onions, beetroot, white cabbage, as well as potatoes and some other food products. This measure should help to curb ‘unreasonable price increases’.

Since yesterday, due to the negative news about the armed aggression of Russia and the fighting in neighboring Ukraine, long queues have been lining up in Chisinau supermarket chains. Due to the boom in demand for some products of daily consumption and the long shelf life, employees of individual chains often change price tags or remove them from the shelves altogether.

The decision in connection with the “crisis of retail prices” has not yet been published. Therefore, it is still unclear in what particular allowable range the trade mark-up will be fixed. However, limiting the trade mark-up too tightly can also have a negative side effect – a reduction in the assortment and a decrease in the quality of goods on the shelves.


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