regular price

This was announced by the Russian Deputy Prime Minister Arkadiy Dvorkovich, RIA Novosti reports. Also, the state official noted that the authority of the Federal Antimonopoly Service (FAS) during the implementation of the trade law can be expanded.

Earlier Dvorkovich said to, that the state authorities may implement price control on food items if their prices increase by 30 percent over a long time period. The state official noted that this mechanism is not being used yet, as there is the risk of creating items of short supply. As an example, he cited the buckwheat. Dvorkovich said that the government could freeze prices. “Only don’t be upset then that there is buckwheat deficit in the country,” – warned the Deputy Prime Minister.

In addition, at the end of 2014 the head of Industry and Trade Ministry Denis Manturov also spoke about price freezing. “If producers and distribution networks will violate the beneficial regime which we have formed today, we have rather strong instruments in place to freeze prices for products through legislative measures,” – he said.

The Minister of Economic Development Alexei Ulyukayev believes that regulation and freezing of prices are not reasonable and can lead to even bigger deficits.

The list of socially important goods todays includes meat, fish, butter, eggs, milk, sugar, salt, some cereals, bread, and a number of other products. Earlier, Prosecutor General’s Office conducted inspection of stores in many regions of Russia. “The picture is certainly depressing. In many cases, the prices were unreasonably high, and for some products the prices have increased by hundreds of percent – by 300, 400 percent. There are cases like that, “- said after the inspection the Prosecutor General Yuriy Chaika. At the same time, the inflation, according to Rosstat, increased only by 2.1 % since the beginning of 2015

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