Economic Press Monitor: Economic & Politics
March 21, 2023
REZONANSI: “IRAKLI LEKVINADZE: TODAY, BASIC CONSUMPTION PRODUCTS’ PRICE DISCREPANCY IN RETAIL CHAINS IS QUITE NOTICEABLE”
Irakli Lekvinadze, head of Georgian National Competition Agency, said that 10 essential food products with a significant share in the consumer basket were selected in February. In relation to these products, an analysis of price markups was carried out, from prime cost of imports to the time of delivery to retail chains and then in relation to prices on the shelves in the retail sector, Lekvinadze stated, adding that as a result, quite high markups were identified.
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