Gastronom Association warns price hikes

He says that because of coping with electricity reductions, there may also be price hikes.

Currently including the energy crisis, of course, this increases it because we're dependent on derivatives to compensate for the reductions that are manifested in today's days, but this is only the beginning because a larger energy crisis is being warned, maybe the state of Kosovo is currently saving by reductions, but the circulation is dropping and spending is increasing”, he said.

On the other hand, Vranica stressed that gastronomy businesses have also hit economic crises, citing the rise in the price of derivatives for what she adds may be the reason for price hikes.

“We have about 40% increases in basic prices or supply prices, which we know are about 140 products and then all economic sectors, including gastronomy, are dependent on transportation and the cause of the dependence on transportation, we know that the prices of derivatives have played a lot in the EURZH are down, however, huge if we see this economic crisis add to the fact that we are working on the same VAT as being a normal situation where T VVV at the derivatives and excise for oil we have a planned inflow into Kosovo's budget, which naturally affects price growth because it's depending on transportation, it's giving its product at the price range of”, he said on the “Project Diary” in Tv 1.

He also warned that after all these price hikes, there may be shut down businesses, while adding that the closures have begun.

Of course, because businesses with low liquidity are enough to close the business or start with another activity or to close with a course. There are no figures, they're very dynamic, it's a very short time with numbers, but they're very disturbing as a result of the lack of operational spending”, he added.