Ahead of a VAT reduction on food scheduled for April 1, major grocery chains in Sweden are pressuring suppliers to keep price increases down, despite rising production costs. This information comes from Sveriges Radio Nyheter, an official public broadcaster.
Economy & business1 min
Grocery chains pressure suppliers to limit price hikes
Key Points
- Major grocery chains are pressuring suppliers to limit price increases.
- This pressure comes ahead of a VAT reduction on food scheduled for April 1.
- Suppliers are facing rising production costs.
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