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Supermarkets fined for violating “household basket” legislation

The Market Control Unit has imposed fines on supermarkets for the violation of the legislation regarding the profit margins on the prices of products included in the household basket, Development and Investments Minister Adonis Georgiadis said on Thursday.

He added that these are fines below the 50,000 euro threshold and, according to the law, the name of the company is not made public.

The minister said that next week the overall data of the e-Consumer platform will be presented and that inflation shows signs of abating.

“Consumers will be able to see that in the price of the products on the supermarket shelves,” he added.

The Development Ministry is reportedly planning to introduce a so-called “Christmas household basket” that will include several kinds of meat and some traditional sweets.

The basket will be introduced as of December 14, 2022.

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