Food prices included in the zero VAT basket were reduced by 9.67% through the end of June, according to the Food and Economic Security Administration (ASAE) released on Monday by the Ministry of Economy.
“The price of the food basket since April 17, the day before the exemption went into effect, has registered a positive and steady decline, with a decline of 9 through the end of June, 67%, according to data compiled by the Food and Economic Security Administration prior to this period,” it says. in a statement from the Ministry of Economy and the Sea.
The figures were made public after the Food Price Stabilization and Reduction Pact Monitoring Committee met this Monday, the fourth time since a measure was passed on April 18 to exempt 46 foodstuffs from VAT, which produce. up the basket.
Author: Portuguese
Source: CM Jornal
I’m Tifany Hawkins, a professional journalist with years of experience in news reporting. I currently work for a prominent news website and write articles for 24NewsReporters as an author. My primary focus is on economy-related stories, though I am also experienced in several other areas of journalism.