Our price labeling law is 23 years old. It is a good law for us, consumers. The price label on the item enables us to easily know the price of an item, make comparisons, take right buying decisions.
The supermarket chains hate this law; it makes it hard for them to raise prices whenever they want. So, when a new economy minister takes over , they immediately start putting pressure on him to cancel it. So far, without success.
Now, I learn from the Media that they're close to winning.The new economy minister (a woman, by the way) is cooperating with the populist proposal that the price be displayed on the shelf only, not sticking a label on the item itself.
Hopefully , the law stays intact, otherwise it will be a blow to the consumer, to competition, and to price stability. This law is of utmost importance , especially now in 2021, as prices are up as a result of the pandemics, and its supply disruptions.
The price tag label gun works intensely these days. In addition to the rise in prices, there's fear of inflation and of shortage in products. So far I see shortage in some imported, non-vital items, but who knows what's next.
There's no market in my hometown, and specially commuting to one in the nearby area is hardly worth it considering the high prices and low variety in today's markets. Our local supermarket is not bad compared to other supermarkets and even to markets. The only drawback is its location, on the edge of the town. I don't want to get on and off a car or bus with my shopping cart, and walking to and fro takes some time and effort.