Risteski: The new consumer basket is ready, expected to be approved this summer

Deputy Minister of Economy, Marjan Risteski, announced that the data compilation for the national consumer basket has been finalized and submitted to the Economic and Social Council (KES). Risteski indicated that the calculation process will commence once positive signals are received from relevant stakeholders. The deputy minister clarified that this newly developed consumer basket is distinct from the minimum basket established by the union.

According to Risteski, its composition will rely on a comprehensive set of indicators sourced from various national bodies, extending beyond the State Statistical Office to include data from local markets and trade centers. He emphasized that this broad data collection mechanism is intended to serve as a critical resource for the government. Such data will be vital for formulating new legal solutions, developing economic strategies, and making necessary policy decisions, particularly in the event of an economic crisis or when implementing significant economic changes.

In addition to the basket initiative, Risteski provided an update regarding legislative changes. He stated that modifications to the Law on Unfair Trade Practices are anticipated to receive approval during the current summer session. These announcements underscore the government’s ongoing efforts to refine economic monitoring tools and update regulatory frameworks to support national commerce.

Topics: #basket #consumer #risteski