Agriculture Minister: food prices in Czechia stabilised

Food prices in Czechia have stabilized and there is no reason for them to grow further, Agriculture Minister Marek Výborný said in a debate programme on Czech Television on Sunday, adding that he will be keeping a close eye on food price trends.

According to Tomáš Prouza, President of the Union of Commerce and Tourism, the reduction in VAT on food products from 15 to 12 percent, which has been in force since the beginning of the year, has had a positive impact on prices of food.