Combating excessive increases in agricultural and food prices: provisions of Emergency Ordinance No. 67/2023

Emergency ordinance no. 67/2023 regarding the establishment of a temporary measure to combat excessive price increases for some agricultural and food products was Published in the Official Gazette, Part I no. 602 of June 30th, 2023 and it will take effect on July 30th, 2023.

The reasons for the emergence of this emergency ordinance:

- the prices of processed foods have consistently accelerated and generalized their growth rate throughout 2022, against the background of developments on the energy and agri-food raw materials markets;

- during 2022, all the main basic food products, such as sugar, oil, potatoes, milk, eggs, meat, bread, vegetables, fruits, have registered significant price increases, which are still maintained today and produce distortions on the market of agricultural and food products, with a major negative impact on the level of consumption and the purchasing power of final consumers, affecting the food safety and security of the population.

Main provisions:

- This emergency ordinance establishes for the agriculture and food industry a temporary measure in order to combat the excessive increase in prices of some agricultural and food products.

- The temporary measure to combat the excessive increase in prices applies to all economic operators registered in Romania, regardless of the form of organization, on the entire chain of production, import, intra-community trade, distribution and retail, for the agricultural and food products provided in the attachment below.

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