In Russia, The Effect Of Price Control Will Be Minimal - Economist Forecast

In Russia, The Effect Of Price Control Will Be Minimal - Economist Forecast
In Russia, The Effect Of Price Control Will Be Minimal - Economist Forecast

Video: In Russia, The Effect Of Price Control Will Be Minimal - Economist Forecast

Video: In Russia, The Effect Of Price Control Will Be Minimal - Economist Forecast
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Control over prices by the government authorities of the Russian Federation will lead to the fact that retailers will be able to increase prices for other components of the food basket. Vadim Novikov, a member of the Expert Council for the Development of Competition under the Government of the Russian Federation, Senior Researcher at the Center for Regional Studies and Urban Studies at the Institute of Applied Economic Research, RANEPA, Vadim Novikov told a REGNUM correspondent about this on December 17.

Follow the developments in the broadcast: "This is not a joke!": The authorities stabilize food prices - all news"

“Price controls will have minimal effect in the short term,” Novikov said. - Retailers will be able to raise prices for other components of the grocery basket. Manufacturers and suppliers to some extent will be able to compensate for real changes with paper ones: where previously there was a separate price and discounts separately in the contract, in the new contract you can immediately indicate the price without discounts, which will formally be a price reduction”.

We will remind, as reported by IA REGNUM, earlier the Federal Antimonopoly Service promised to arrange unscheduled inspections in case of failure to comply with decisions to reduce prices for certain socially significant types of products.

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