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Tag: profit margin
Economy 11.03.22 | 10:17

Despite fears it will create shortages, Government reduces profit margins on strategic items

The Government is limiting the profit margins wholesalers and retailers can put on strategic products. This includes sugar, milk, fresh meat, cheese, rice, eggs and pasta, that can be sold for, at most, 4 percent margin in wholesale and 3 percent in retail. This order, that caused concerns of food shortages,...

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