Manufacturers are massively raising purchase prices for retailers.
The situation is associated with high inflation, rising logistics costs, rising costs of raw materials and packaging, interest rates on loans and personnel costs.
Companies are predicting a 5-40 percent increase in prices for products in their product range, Kommersant writes.
The prices for confectionery products may rise most noticeably.
Retailers have announced that they have received the relevant letters from manufacturers. Now retail chains are studying the admissibility of the suppliers' demands.
According to the head of AKORT Igor Karavaev, this year some categories of goods have increased in price several times.
He summed up that the price increase affected bakery and chocolate products.
Retailers believe that one of the reasons for the sharp increase in prices is the maintenance of a high key rate by the Central Bank of the Russian Federation, which has provoked an increase in the cost of borrowed funds.
Manufacturers of some confectionery products have warned retailers that wholesale prices for a number of items in their range could increase by 40 percent year-on-year from September 1.
