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Price monitoring to commence one year before Latvia adopts euro

Photo: Inese Gulbe.
 RIGA, Dec 11 - Price monitoring ahead of the introduction of the euro will begin next January in order to provide residents with information about the prices of the most popular goods and services and counter the possible likelihood that the transition to the euro and the rounding of the prices may be used for increasing the prices.
January to September 2013, price monitoring will be performed on a monthly basis, whereas from October 1 to December 28, the prices will be monitored four times a month, as Evita Urpena, head of the Economy Ministry's Public Relations Department, informed "Nozare.lv".
Information about the prices for the most popular goods and services will be regularly updated at the Economy Ministry's website "www.em.gov.lv" and the "www.eiro.lv" website.
Altogether, four entities have applied for performing the price monitoring, and the ministry is currently evaluating their bids, added Urpena.
The list of the most popular goods and products, the prices of which will be monitored, will include 93 goods and products and 32 services: bread and cereal products, meat, fish and fish products, fruit, vegetables, tea, coffee, non-alcoholic and alcoholic beverages, tobacco products, housing maintenance services, healthcare products, communications, newspapers and magazines, certain recreational activities, catering, financial, tourism, body care and other services.
The price monitoring will be performed in the most popular outlets in Riga, Daugavpils, Liepaja, Valmiera, Jelgava, Ventspils and Rezekne.
As reported, Latvia is planning to adopt the euro in January 2014.
According to Urpena, price monitoring will also continue in 2014, and a new competition will be held to select the company to perform the monitoring.
leta.lv

11-12-2012
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