The market is expected to stabilize after the decision on restricting trade margins enters into force on March 1, Economy Minister Kreshnik Bekteshi has said.

According to Bekteshi, no major price shock is expected.

We do not expect a big reduction in prices. If the same prices of raw materials remain, then according to the decision, we expect a reduction of five to 10 percent of existing prices. If the price of raw materials increases, then the minimum we can do is to have price stabilization, said Bekteshi on the “Top Tema” show on Telma TV.

He pointed out that the measure to freeze the prices of basic foodstuffs placed a greater burden on producers than on wholesalers and retailers. During the pandemic, more precisely in 2020, as Bekteshi stated, some of the supermarkets in the country had a net profit ranging from three to 8.5 million euros.