The Kosovan market demonstrates a significant vulnerability to shifts in prices, mirroring circumstances observed in Iran. Minister of Industry, Entrepreneurship, Trade and Innovation, Mimoza Kusari – Lila, emphasized this point during a recent broadcast on Radio Free Europe. She asserted that establishing a profit margin for petroleum products has been crucial in preventing instances of price manipulation.
During the podcast, the minister detailed the adjustments in fuel prices seen at specific stations following the implementation of this strategy. She clarified that a price difference exists due to the margin being established above the import cost, and it’s not a fixed value. This dynamic nature ensures the price remains relatively stable.
According to the minister’s explanation, the cost of oil and related derivatives at fuel stations fluctuates based on the prevailing import price. However, this variation in price for consumers is capped at a maximum of 12 cents per liter. The minister’s actions aim to safeguard consumers from extreme price volatility and maintain a degree of predictability within the market’s pricing structure.
Topics: #prices #minister #margin