Member companies of the Poultry Development Association have announced a 5% reduction in egg prices, citing the initiative of the Prime Minister.
According to the joint statement by Savaneti, Dila, Koda, and Kumisi, the price cut aligns with the Prime Minister’s efforts to reduce food prices and improve social conditions for the population.
“This decision has been made in consideration of the Georgian Prime Minister’s initiative, which focuses on lowering food prices. The member companies fully support government policies aimed at reducing prices and improving the social conditions of citizens,” the statement reads.
The companies also noted that the decision carries certain risks regarding profit margins. Minor price fluctuations may occur throughout the year, depending directly on global raw material prices. However, through joint effort, these risks can be managed and balanced.
The Association’s members expressed hope that the government’s active work with the retail sector to lower markups will positively impact final product prices and accessibility. They emphasized their readiness to contribute to stable and fair market pricing and to support improving the social well-being of the Georgian population.
