An agreement has been signed between the Government, supermarket owners and food importers regarding stability in food prices, which will result in a decrease of 15% in prices from the 1st of February on 15 categories of “essential food products.”
The Government said that this means a “guarantee that the price of around 400 products will remain stable until the presentation of the next budget.”
Minister for the Economy, Silvio Schembri, explained that following a study carried out on which are the most consumed food products in the country, a list of 15 food categories were selected and from there started a number of meetings with the private sector.
For the owners of small shops that join the scheme there will be a grant of €125 for each month that they remain with the scheme, which can be done by completing an online form [1]
The establishments and products that will be part of this initiative will be able to be recognised by special signs with the Stability logo as above.
The 15 categories are:
Corned beef
Cornflakes
Cream crackers
Fresh/frozen minced/ground beef/pork
Fresh/frozen pork chops
Frozen raw chicken legs
Frozen raw whole chicken
Frozen peas, broccoli, spinach
Black tea
Instant coffee
Tinned tuna in vegetable/soya/sunflower oil (excluding tuna in brine and olive oil)
Vegetable spreads in tubs or foil
Frozen friable French fries
Skimmed, semi-skimmed and whole milk in cartons
Wheat spaghetti and penne
More information can be obtained on the larger stores taking part etc by clicking here [2], or call on freephone 153.