Serbia extends cap on bread prices, ban on milk, gas exports

Serbia’s government said it has extended the duration of an existing ceiling on bread prices and a ban on milk and gas exports.

The government adopted the measures at a meeting on Thursday with the aim of preventing major disruptions and a decline in the living standard of the population, it said in a statement.

The price cap on bread made from the most common T-500 type of wheat flour is set at 53.50 dinars (0.45 euro/$0.48) and has been extended for another 90 days.

In order to prevent a critical shortage of milk and dairy products, the government extended the existing ban on the export of these goods until the end of the year.

The ban on exports of natural gas will also remain in force until the end of the year.

(1 euro = 117.338 dinars)

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