Experts demand that prices should not be raised after the application of “added value” and compensated it by the profit margin and cut costs

Experts demand that prices should not be raised after the application of “added value” and compensated it by the profit margin and cut costs

The economic expert, the manager of “Truth” economic consultancy, Reda Musallam, called the outlets and producers to not raise prices by 5% and bear at least part of the tax, pointing out that it is expected from shops and outlets to resort for this procedure after the application of the tax, So as to maintain market shares and activate the market that will be affected in the short term by tax. He noted that the implementation of this proposal may be difficult for the basic food sector, but it will be strongly proposed for other areas, such as clothing stores, consumer goods such as electrons, and some luxury goods.

Share this post