Image for PMRI

PMRI

PMRI stands for "Price Monitoring and Reporting Initiative." It is a system established by various organizations to track and analyze price changes in essential goods and services. The goal of PMRI is to provide accurate information about price movements to both consumers and policymakers, helping to ensure transparency in the market. By regularly monitoring prices, the initiative aims to identify trends, prevent price manipulation, and inform economic policy decisions. Essentially, it helps stakeholders understand how prices are changing and contributes to fair trade practices.