Home » News » Economists and business jumped for the overpriced bread! A hollow measure – 2024-05-02 06:21:08

Economists and business jumped for the overpriced bread! A hollow measure – 2024-05-02 06:21:08

Setting a ceiling of 15% on the bread surcharge is populism, said economist Georgi Vuldjev to BNT. Such measures never work to reduce the price, he believes.

Has the Commission for the Protection of Competition been asked for an opinion on this initiative, he asked and recalled that the regulator had always opposed such a measure.

According to Vuldzhev, political formations try to show that they work in the interest of the people, but in reality this is not the case. The economist is convinced that this will not work in any way with the markup. I don’t understand what pressures politicians to fix the markup when inflation is not high, asks Vuldzhev.

Bread producer Dimitar Bakalov believes that it is a mistake that the markup for bread is a maximum of 15 percent. This will complicate the accounting of companies. Who is going to control this thing, he asked, commenting that the companies produce several types of bread.

According to him, this measure, introduced by the National Assembly on its last working day, will increase the cost of the producer, but there will be no increase in the price of bread.

Everyone is looking for the niche in the market that allows them to work, Bakalov said. If VAT returns to 20%, it will be reflected in the cost of living. In a market economy, there should not be any ceilings, the market determines the price, the bread producer is categorical.

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