You are here

Redenomination in Minsk has not lead to price increases

The July 1 redenomination has not lead to higher prices in the Belarus capital. Labels in stores are under control.

Minsk trade services are monitoring the situation in all trade pavilions weekly.

16 officials in Minsk have been fined since the beginning of 2016 for violation of the price and antitrust laws.

Among the major violations is exceeding the maximum limit of trade margins in respect of socially important goods.

In addition, unjustified overstatement of tariffs for real estate services and violation eatery product price formation in educational institutions in Minsk have also been revealed.

Redenomination in Minsk has not lead to price increases