OJSC Belarusian Universal Commodity Exchange

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2012.05.07 | Belarus’ government caps bread, milk prices

The government of Belarus has introduced a ceiling on the prices of bread and milk. The ceiling on bread and pastry prices was raised by 5%, while maximum selling prices of milk and dairy products were raised by 10%.

The proposal to raise milk and bread prices was made by the Ministry of Agriculture, in order to cut losses in dairy and bakery industries.