Russia does not want to introduce maximum retail prices for food products
Russia has decided not to introduce maximum retail prices for food products.
There is no need to impose restrictions on socially significant goods that are subject to price increases.
Instead of strict price controls, the authorities expect restrictions from the chains, writes the Interfax agency.
It is proposed to reduce prices on essential goods for those who need it most.
Retailers and trade associations are being asked to expand the list of products on which stores can voluntarily reduce markups.
The agencies believe that this will help make goods more accessible to low-income citizens.
Industry participants agree with the proposal not to introduce strict price restrictions.
In this regard, manufacturers and stores may reduce markups on certain goods.
