food products

Serbia plans to cap trade margins on food products, experts warn of limited effect

The Serbian government, led by President Aleksandar Vučić, has announced plans to reduce prices on thousands of products, primarily food, by 15–20% starting this fall. The measure aims to achieve lower prices by limiting trade margins to 20–22% for selected product categories, including soft drinks, fruit and vegetable processing, fresh and processed meat, and fish. Vučić referenced Hungary, Romania, and North Macedonia as examples of countries that have successfully implemented similar margin reductions. Economists, however, caution that administrative measures like…