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Annual food inflation is 24.5%, Agriculture Minister Yavor Gechev says

Agriculture Minister Yavor Gechev
Photo: BGNES

The annual food inflation is 24.5% for January, Minister of Agriculture in the caretaker government Yavor Gechev announced at a press conference on the measures aimed at curbing the high prices of food in chain stores. The peak was reached in November when the rate reached 26.1%. Inspections ascertained unexplainable margins for some products such as eggs, butter, cheese etc. With the use of unfair practices, chain stores are encouraging consumers to buy at inflated prices. For example, the price of some commodity is advertised as being  "the lowest only today”. In practice, the price is neither the lowest, nor only today, it is 20-30% higher than at rival stores. 



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