In Russia, want to freeze the prices of basic products – BBC Russian

In Russia, want to freeze the prices of basic products – BBC Russian

• February 25, 2015
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Post

In January, an increase in annual inflation rate was 16% according to official data

Russia’s largest retail chains have agreed to two months to fix retail prices for socially important products.

The Executive Director of the Association of Retail Companies (ACORT) Andrey Karpov has confirmed bbcrussian.com, that the draft agreement was prepared last week.

According to him, the Federal Antimonopoly Service may approve the initiative on Thursday. A positive decision from FAS is necessary to ensure that the network is not suspected of collusion.

The association of retailers includes, in particular, the network “Auchan”, “Dixie”, “tape”, “Magnet” , Metro Cash & amp; Carry, X5 Retail Group (“Carousel”, “penny”, “Crossroads”) and others.

Lean choice

The social significance was more than 20 products . Among them – beef, pork, lamb, chicken, frozen fish, milk and dairy products of the sugar and salt, bread and baked goods and a number of other.

Vegetables and fruits there are only five items: potatoes, cabbage cabbage, onions, carrots and apples.

It is with this may be associated timing retailers, the general director of the Institute of Agricultural Marketing Elena Turin.

“In February and March, during the Great post fixed decline in consumer activity, especially in meat and dairy products group. And trying to stick to post more and more of the population in Russia, “- she told BBC Russian Service.

Elena Turina: “The rise in prices of individual goods – tomatoes, for example – was 70% “

At the same time, the initiative will have on the market retailers a positive impact, according to Turin:” Now there were all preconditions to stabilize prices. Further, their growth will lead to a decrease in sales and accordingly and a drop in revenue “.

Next two months, retailers will likely not go. With the end of Lent and the beginning of “the season kebabs” consumer activity usually increases reminds Turin.

Checks and regulation

Sanctions against Russia, and the depreciation of the ruble food embargo triggered a record rise in prices for food products.

Back in December 2014 in the regions of the socially important food has risen by a third, which makes it possible to regulate prices at the government level.

Act Trade in 2010 gives the authorities the power to limit to 90 days the maximum retail prices of key food commodities if they increase by 30% or more in the last month.

Deputy Prime Minister Arkady Dvorkovich said earlier that while refrain from such measures due to too much risk of food shortages.

In January rise in food prices has led to the stores employees of the General Prosecutor of Russia. Large networks have been inspected to unreasonable overpricing and collusion.

As a result, it was brought more than 400 cases of administrative responsibility, but executives escaped largely ideas and warnings about the inadmissibility of violations of the law.