September the 18th, 2023 – We recently reported on the economic aid package being introduced with the aim of helping both individuals and business entities. Croatian Government price caps are now in force.
Ongoing inflationary pressures have pushed many businesses to the edge, and individuals have been dealing with emptier pockets and lighter wallets when paying bills. This has been the case even in spite of previously introduced Croatian Government price caps on energy.
The recently announced Croatian Government price caps on various commonly purchased products (thirty of them to be more precise) will work to save a few euros for families and others struggling to make ends meet.
As Poslovni Dnevnik writes, according to Prime Minister Andrej Plenkovic, a complete basket of products for which prices have now been frozen would have cost 99.68 euros back at the end of last year. Now, they’ll cost a significantly less 76.19 euros at these newly frozen prices. That is equal to 23.57 percent less and a saving of 23.49 euros.
As part of the new package of measures to protect households and the domestic economy from constantly rising prices, the government is limiting prices for a total of thirty frequently purchased products starting today. The new package of measures for the next six months is worth 464 million euros. That is in addition to the existing 551 million euro cost, which is the total value of the measures from the previous package, which are in force for one year.
In order to be more recognisable, products with frozen prices will be visibly marked with a unique logo.