Sticker shock || Supermarkets capitalize on 0.99 shekel round-up to raise prices
Tnuva, Israel’s biggest maker of dairy products, announces voluntary price cuts.
Supermarket chains are exploiting the new regulations barring merchants from posting retail prices in denominations smaller than any coin in circulation. Not only have they rounded up their prices but raised them, often by several percent, a survey by TheMarker has found.
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