The St. Petersburg Legislative Assembly has approved a federal bill requiring stores to disclose markups on socially significant goods. The proposed legislation mandates that price tags include not just the product cost, but also the trade markup for items on a special government list.
Andrei Ryabokon, a Legislative Assembly member, explained that the initiative will be submitted to the State Duma for consideration. The bill aims to provide greater transparency in retail pricing in response to food prices increasing faster than citizens' incomes.
The legislative proposal represents an effort to help consumers better understand the pricing structure of essential products.
Andrei Ryabokon, a Legislative Assembly member, explained that the initiative will be submitted to the State Duma for consideration. The bill aims to provide greater transparency in retail pricing in response to food prices increasing faster than citizens' incomes.
The legislative proposal represents an effort to help consumers better understand the pricing structure of essential products.
