Prices of main food products in five largest Lithuania's retail chains will be regularly announced on an official website in order to give shoppers better understanding about general price level, Lithuania's Ministry of Agriculture announced on Wednesday.
© DELFI / Andrius Ufartas

"Residents' expenditures for food make up a significant part of all costs. The largest amount of food is bought in shopping centers operated by the five largest retail chains. After announcing the prices of main products sold by these chains, the shoppers will have much better understanding about price level," Lithuania's Minister of Agriculture Giedrius Surplys said in a statement released by the ministry.

As of Wednesday, prices of 20 categories of main food products sold in Maxima, Palink (operating with brand name Iki), Norfa, Rimi and Lidl will be announced on the website operated by state enterprise Center of Agricultural Information and Rural Business.

Prices of selected categories of bread and other grain products, diary, meat, eggs, cooking oil and other fats, various vegetables and others will be announced every week, the ministry said.

The Lithuanian government recently pledged to implement certain measures in order to enhance competition in the country's retail market and reduce food prices.

Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

How blockchain technology will change the world trade?

The field of research of World Trade Organisation chief analyst Emmanuelle Ganne is the application of...

Welcome to Vilnius workshops to support foreign talent relocating to Lithuania’s capital

This Tuesday Vilnius’ business development and tourism agency Go Vilnius at the Workland Business...

2018 was marked as the best year for Lithuanian cinema market after the restoration of independence

The Lithuanian film centre have summarized the local box office results - in 2018 distribution reached...

The number of foreign startups choosing Lithuania for starting their businesses is growing

Last year, the Startup Visa received 178 applications of foreign companies for participation in the...

Lietuvos Geležinkeliai starts Rail Baltica territory planning (1)

Lietuvos Geležinkeliai [Lithuanian Railways] is initiating the European gauge Rail Baltica...